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Polyurethane Dispersions Market by Type, by Application - Trends & Forecasts to 2020

Polyurethane Dispersions Market: Forecasts until 2020

  • December 2015
  • 159 pages
  • ID: 3458916
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"The high potential from the textile and leather sector, and growing overall demand for automotive is driving the sector for polyurethane dispersions"

The market value for polyurethane dispersions is projected to extend ~$2.0B by 2020, recording a compound annual growth rate (CAGR) of 6.80 percent from 2015 to 2020. Growing demand from the leather & textile market is the main driver for polyurethane dispersions market. The overall textile and leather sector is anticipated to increase with the increasing demand from several end-use markets. With some main economies, including India, China (CN), Germany (DE), Italy (IT), and France (FR), the industry is anticipated to boost further. The leather market is another main segment boosting the increase of polyurethane dispersions, globally. Futhermore, the production of synthetic leather, incorporating polyurethane dispersions is hugely driving the market demand for polyurethane dispersions at present. The overall automotive sector is attesting solid growth and profitability. Asia Pacific (APAC) is the increasing market for the automotive sector. Japan (JP) and China (CN) are the main exporters of automobile products in Asia-Pac (APAC). Additionally, the expanding automobile industry in the developing economies of the Central and South American area provides hugely to the polyurethane dispersions market.

Coatings, the most important application for polyurethane dispersions

Coatings are the biggest application of polyurethane dispersions. Polyurethane dispersions are used widely for coatings application in different end-use industries including construction, automotive, aerospace, electronics, leather, textile, wood, and other markets. As polyurethane dispersions are characterized with adhesion to a range of substrates, resistance to chemicals, solvents and water, abrasion resistance and flexibility, it is the ideal material for the coatings application. On top of, the coatings segment is anticipated to boost further with the shift in sectors from developed to developing economies, particularly from the U.S. to China. Distinct types of coatings including decorative coatings, industrial coatings, architectural coatings, and maintenance coatings market are increasing individually. Polyurethane dispersions are the ideal material performing significantly in the coatings market with the increasing environmental legislations and government regulations on low VOCs; therefrom, enhancing the increase of coatings application in the polyurethane dispersions market.

APAC, the most important and quickest-increasing market for polyurethane dispersions

Asia-Pac is the biggest market for polyurethane dispersions globally, with China (CN) being the most dominant market. This area is attesting the maximum growth rate which is attributed to the quick economic expansion currently undergoing in the territory. The demand of polyurethane dispersions is highly dependent on the economic increase of a area. Futhermore, fast development in Asia Pacific (APAC) is vigorously driving the industry demand for polyurethane dispersions for coatings, leather production, adhesives, and other applications.

This analysis has been approved through primaries managed with different market experts globally. Those primary sources have been split into three class: by organization; by description; and by area.

- By Company Type- Tier 1 50.0 percent, Tier 2 37.0 percent and Tier 3 13.0 percent

- By Managers- 50.0 percent, Research & Consultants- 25.0 percent and Others- 25.0 percent

- By Region- Asia-Pacific- 62.0 percent, and Europe- 38.0 percent

The analysis also comprises company descriptions and competitive landscape approved by the main market players, including Covestro (ETR:1COV), Alberdingk Boley GmbH, Lamberti SPA, Dow Chemical (NYSE:DOW), Chemtura Corporation, Mitsui Chemicals Inc.,, BASF SE, Chase Corporation, COIM, and ICAP-SIRA Chemicals, among others.

Why acquiring this study can help you:

- To understand the overall, regional, and national scenarios.

- To apprehend the market trends and dynamics together with main factors affecting

- To distinguish the present and upcoming market opportunities

- To recognize the potential sectors in several areas for polyurethane dispersions

- To track the recent developments in polyurethane dispersions market

- To comprehend the competitive background of the sector, and positioning of participants in the sector

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