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Polyurethane Dispersion Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
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Request Now !Polyurethane Dispersion Market Statistics - 2027
Polyurethane dispersion (PUD) is simply a polyurethane polymer resin, which is dispersed in water. PUD is an anionic dispersion and has a high molecular weight. These dispersions are produced by the reaction of diisocyanates or polyisocyanates and polyols. Polyurethane dispersion is a technology that involves a two phase system involving dispersion of polyurethanes into water and other liquefying agents. These products have excellent properties such as high tensile strength, thermal stability, aberration resistance and high elasticity. As a result, it has a wide range of applications, which include coatings, sealants, additives, and is also extensively used in leather and textile industries.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Application, and Region |
Geographies covered | North America (U.S. and Canada), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA) |
Companies covered | Michelman, Inc., The Lubrizol Corp, Mitsui Chemicals Inc., Lamberti S.p.A., Perstorp Holding AB, LANXESS AG, Hauthaway Corporation, Alberdingk Boley GmbH, Chase Corporation, Allnex, Covestro AG, VCM Polyurethanes pvt. ltd, Chemtura Corporation, DowDuPont, Inc., BASF SE, and. Cytec Industries, Inc. |
COVID-19 scenario analysis:
The global polyurethane dispersion market has been severely affected by the outbreak of the COVID-19 pandemic all over the world.
- The outbreak of the global pandemic has impacted the construction industry to a great extent. Most of the construction activities across the globe have been brought to a halt as several governments imposed a nationwide lockdown, which led to a severe lack in workforce. As a result, the demand for polyurethane dispersion in the construction industry decreased drastically.
- On the other hand, due to the global economic slowdown caused by the pandemic, the demand for automobiles around the world decreased significantly. This has caused a significant reduction in the usage of polyurethane dispersion in the automobile sector.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis:
The rapid urbanization and increase in usage of superior polymeric materials in different end-user industries have led to the growth of the polyurethane dispersion market. One of the major factors responsible for the increase in demand for polyurethane dispersions is its wide range of applications in the automobile sector. It is used as adhesives, sealants, and coatings during the production of different parts of automobiles. Another major application for polyurethane dispersions is in the paint and coatings industry. These materials are gaining popularity in significant end-user industries such as the construction industry as it offers high durability and resistance against weathering. Polyurethane dispersions are eco-friendly in nature and are being preferred by the major end-user industries over conventional dispersions where several volatile organic chemicals are used. On the other hand polyurethane is also used in the production of furniture as well as leather and textile products. However, the fluctuating prices of the raw materials limit the market growth.
The market in the Asia-Pacific region dominates the global polyurethane dispersion market owing to the high need of polyurethane dispersions as coatings and additives in different manufacturing sectors of the region. The market in Europe and North America regions is also expected to grow at a significant pace because of the extensive usage of these compounds in the automobile and construction sectors of the region.
Key segments covered:
Segments | Sub-segments |
Type | • Low Solvent • Solvent-free |
Application | • Paints & Coatings • Adhesive & Sealants • Fiber Finishing • Textile Finishing • Others |
Key benefits of the report:
- This study presents the analytical depiction of the global polyurethane dispersion industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global polyurethane dispersion market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global polyurethane dispersion market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global polyurethane dispersion market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Polyurethane Dispersion Market research report:
- What are the leading market players active in the polyurethane dispersion market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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