Polyurethane Dispersion Market Research Report- Forecast to 2023
Polyurethane Dispersion based paints & coatings exhibit properties such as color intensity, gloss, hiding power, light fastness and weathering resistance that can be maximized by utilizing. They have major applications in residential and non-residential properties, automotive components, and industrial machinery.
Some of the prominent factors that positively influence the growth of Polyurethane Dispersion Market are increasing refineries owing to the demand for coatings which are resistance to acid, alkali, detergents and lubricants in chemical plants, and rising demand for UV protection coatings for aircraft carriers. Increasing urbanization along with the rising per capita disposable income in the developed and emerging economies are predicted to drive the growth of the market over the forecast period, 2017 to 2023. New coatings and surface treatments based on nanotechnology incorporated into polyurethane dispersion, which will make the use of wood in construction increasingly practical and economic. Moreover, continuous expansion of automotive sector as well as shifting manufacturers focus towards paints which are resistant to acid and detergent washes, bird droppings, leaves for vehicles are estimated to fuel the growth of the market during the review period, 2017 to 2023. However, growing environmental concern regarding the toxic effect of chemicals used in Polyurethane Dispersion along with the implementation of strict regulations are predicted to hinder the market growth over the assessment period, 2017 to 2023.
Some of the prominent players operating in the Global Polyurethane Dispersion Market are Mitsui Chemicals, Inc. (Japan), Cytec Solvay Group (U.S.), The Dow Chemical Company (U.S.), BASF SE (Germany), Covestro AG (Germany), The Lubrizol Corporation (U.S.), Alberdingk Boley GmbH (Germany), LANXESS (Germany), ICAP-SIRA Chemicals and Polymers S.p.A. (Italy), and Lamberti S.p.A. (Italy) among others.
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The Global Polyurethane Dispersion Market is categorized on the basis of dispersion type, end use industry, and region. On the basis of dispersion type, the market is bifurcated into water and solvent dispersion. On the basis of end use industry, the Polyurethane Dispersion Market is categorized into oil & gas, automotive, wood & furniture, textiles, construction, footwear, and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
In Europe, Germany, Russia, and Spain are predicted to register a strong growth on account of tremendous demand for Polyurethane Dispersion in automobile manufacturing. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for polyurethane dispersion, and is estimated to grow with the same pace over the forecast period. Improving living standards along with the flourishing growth of sludge oil treatment sector is predicted to contribute to the regional market growth. In North America, U.S. and Mexico are among the major contributors in the regional market growth due to expansion of offshore and onshore activities will ensure the use of Polyurethane Dispersion coating for industrial machinery as well as increasing innovations. The Middle East & African countries are focusing newly on tourism & travel industry will ensure the utilization of Polyurethane Dispersion Coatings in various construction projects. In Latin America, Mexico is expected to register strong growth due to robust presence of automobile manufacturers.
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Key Points from Table of Contents:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Polyurethane Dispersions Market
6 Market Trends
7. Global Polyurethane Dispersions Market by Dispersion Type
8. Global Polyurethane Dispersions Market by End Use Industry
9. Global Polyurethane Dispersions Market by Region
10. Company Landscape
11. Company Profiles
11.1 Mitsui Chemicals, Inc.
11.1.1 Company Overview
11.1.2 Dispersion Type/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 Cytec Solvay Group
11.2.1 Company Overview
11.2.2 Dispersion Type/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 The Dow Chemical Company
11.3.1 Company Overview
11.3.2 Dispersion Type/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 BASF SE
11.4.1 Company Overview
11.4.2 Dispersion Type/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.5 Covestro AG
11.5.1 Company Overview
11.5.2 Dispersion Type/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
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