Global polyurethane dispersions (PUDs) market is divided as water based and solvent based polyurethane dispersions categories based on their product type. It helps in manufacturing of low levels of organic compounds.
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Polyurethane Dispersions (PUDs) Market is Expected to Cross US$ 2 Billion by 2023.
These compounds are volatile and exhibit superior coating and excellent adhesion properties. Polyurethane dispersions (PUDs) are notably applied for wall paints, wood coatings, leather finishes, textiles finishes, plastics and metal coating, and high performance substrates, etc. However, it is a miniscule industry, but it has a huge potential to conquest the latexes and emulsions markets. Polyurethane dispersions (PUDs) as adhesives, are used widely on instrument panels, dashboards, interior door panels, gearshift levers, automotive seats, and others.
The Polyurethane Dispersions (PUDs) Market is segmented on the Basis of By Product Types, Applications Types and Geographical Analysis. By Product Types this market is segmented on the basis of Water Based Polyurethane Dispersions and Solvent Based Polyurethane Dispersions.
By Applications Types this market is segmented on the basis of Synthetic Leather Production, Natural Leather Finishing, Textile Finishing and Others (Including Adhesives And Coatings, Etc.). By Geographical Analysis this market is segmented on the basis of Asia Pacific, North America, Europe, Latin America and Middle East and Africa.
Leading companies in this market are Bayer Material Science AG, BASF SE., Chemtura Corporation, Dow Chemical Company, Mitsui Chemicals Inc., and Cytec Industries Inc., etc. these companies are continuously making research to find effective and cheaper application of this material. Such market giants are enormously spending on the research and development to acquire the future market.
Polyurethane dispersions (PUDs) are emerging water based coating materials that are made up of solvent based analogy. It is an aqueous and anionic dispersion of high molecular weight aliphatic polyester polyurethanes. Polyurethane dispersions (PUDs) are employed to prepare polyurethane applications that contain very low volatile organic compounds (VOCs). Properties like abrasion resistance, impact strength and low temperature flexibility are the dynamic forces leading to growing usage in many applications.
Major demand for this market rises from the synthetic leather production industry. This segment has other primary applications such as natural leather finishing, textile finishing, automobiles, furniture and interiors, and other applications. Relevantly, our reports and company profiles specifies the key drivers that are impacting the demand in global polyurethane dispersions (PUDs) market.
Owing to the stringent environmental regulations on solvent-based polyurethane dispersions (PUDs), the water based PUDs are gaining immense market growth. In the near future, solvent-based dispersions will be totally replaced by aqueous based dispersions – a form of water-based material. For cost effectiveness, this material is blended with acrylic emulsions because of comparable properties, as MDI and TDI are expensive. As they have remarkable properties such as flexibility, corrosion resistance, weather stability, scratch resistance, easy cleaning, abrasion resistance, and tensile strength, they are profoundly used in industries like automotive, textile, leather, interior and exterior furniture, footwear and many other applications.
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.3 Market Segmentation
5.3.1 By Type
5.3.2 By Application
5.4 Market Dynamics
188.8.131.52 High Potential From Textile and Leather Industry
184.108.40.206 Increasing Global Demand for Automotives
220.127.116.11 Growth in Furniture and Interiors Industry
18.104.22.168 High Price of Raw Materials
22.214.171.124 Government Regulations Regarding Environmentally Friendly Products
126.96.36.199 Manufacturing Products With Low Voc
6 Industry Trends
7 Polyurethane Dispersions Market, By Type
8 Polyurethane Dispersions Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
11.2 Mitsui Chemicals Inc.
11.3 Cytec Industries Inc.
11.4 BASF SE
11.5 The DOW Chemical Company
11.6 Covestro AG
11.7 Lubrizol Corporation
11.8 Alberdingk Boley Gmbh
11.9 Chase Corporation
11.10 Chemtura Corporation
11.11 Coim S.P.A.
11.12 ICAP-Sira Chemicals and Polymers S.P.A.
11.13 Lamberti S.P.A.
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