Polyurethanes are polymers of urethane. They are highly flexible in nature and can be moulded into any possible shape. Polyurethanes are produced using MDI (Methylene diphenyl diisocyanate) and TDI (Toluene diisocyanate). Polyurethanes can be segmented as rigid foams, flexible foams, coatings, elastomers, and binders.
Polyurethanes are used in refrigerators, thermal insulation of buildings, car seats, household furniture, as sealants and in shoe soles etc. Their end-user industries include construction, electronics, automotive, furniture & interiors.
Furniture and interiors industry are the leading end-users of the global polyurethanes market, followed by the construction industries. However, electronics industry is expected to become the fastest growing market for polyurethanes in the coming years.
The growth of automobile industry has augmented the growth of the global polyurethanes market. In addition, increased construction activities and rise in demand for resins, textiles and fibers have been the major driving forces for this market. This scenario is very prominent in developing countries. However, the volatile prices of MDI and TDI are likely to affect the growth of the global polyurethanes market.
Headed for sustaining in the market, companies are now shifting their focus towards the production of bio based polyurethanes. Moreover, there is a shift in trend towards the adoption of low weight, high performance polymer materials, in the automobile industry. This can have a positive impact towards the growth of the market.
Overall the market is experience a positive growth, and this trend is expected to continue in the coming years.
Decision Databases offers an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the polyurethanes market and industry analysis databases of the leading companies.
The report on the Global Polyurethane Dispersions (PUDs) Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
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.
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. 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.
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.
The report also covers the complete competitive landscape of the global Polyurethane Dispersions (PUDs) market with company profiles of key players such as:
SEGMENTATIONS IN REPORT:
Polyurethane dispersions (PUDs) are water based and environmentally friendly coating materials, which are made by solvent-based analogy, and they have gained an increasing importance in the manufacturing industry. Polyurethane dispersions are segmented based on products as water based and solvent based. Their versatility and wide range of superior properties such as abrasion resistance and low temperature flexibility are essential factors for continuously expanding usage in many applications.
Polyurethane dispersions is used as coating materials majorly for metals, wood, rubber, textiles, plastics, and other miscellaneous high performance substrates. Polyurethane dispersions (PUDs) are one of the most rapidly growing segments of the polyurethane coatings industry. It is estimated that Asia Pacific will be the largest market for polyurethane dispersions with rapid growth in market value. Polyurethane dispersions (PUDs) demand is expected to increase in end-use applications such as automotives, textiles and the furniture and interiors industry.
Asia-Pacific region is the emerging market for leather & textile applications and industrial coatings. In terms of consumption, Asia Pacific is the leading market amongst all regions. China – the largest consumer in Asia Pacific has largest demand for the dispersion. It is estimated that Asia Pacific region will be the leading market in the industry over the forecast period, followed by Europe in terms of polyurethane dispersions (PUDs) consumption. Over the forecast period, this share is expected to increase, thus maintaining Asia Pacific's leading market position in the industry.
The report also covers the complete competitive landscape of the Asia Pacific Polyurethane Dispersions (PUDs) market with company profiles of key players such as:
SEGMENTATIONS IN REPORT:
Polyurethane dispersions (PUDs) are water based and environmentally friendly coating materials, which are made by solvent-based analogy, and they have gained an increasing importance in the manufacturing industry. Two types of products such as water based and solvent based are segments of polyurethane dispersions. It helps in manufacturing of low levels of organic compounds.
Over two million tons of polyurethane is produced in the European region every year. The polyurethane industry employs over 800,000 people in the Europe. By concerning all this things it shows that growth in this industry is sustainable as well as polyurethanes make a valuable contribution to resource conservation. Over the last decade, the European Union has been focused on to improve energy efficiency, especially in buildings.
With close to 240,000 polyurethane companies involves in Europe. Out of the 240,000 European companies that are involved in the process of manufacturing, transforming and using polyurethane, 85% are SMEs. By the help of polyurethane’s versatility and multiple applications that these SMEs may results in producing innovative ideas and create new jobs. The crucial thing is that polyurethanes save approximately 14.5 million tonnes of CO2 in Europe each year in building insulation and lightweight automotive components.
The report also covers the complete competitive landscape of the Europe Polyurethane Dispersions (PUDs) market with company profiles of key players such as:
SEGMENTATIONS IN REPORT:
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