Top Insights on the Global Polyurethane Dispersions Market | Technavio

LONDON–(BUSINESS WIRE)–#Research–The latest market research report by Technavio
on the global polyurethane dispersions market predicts a CAGR of close
to 7% during the period 2017-2021.

The report segments the global
polyurethane dispersions market by application (coatings, textile
finishing, synthetic leather production, and adhesives and sealants) and
by geography (APAC, Europe, North America, and ROW). It provides a
detailed illustration of the major factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

Here are some key findings of the global polyurethane dispersions
market, according to Technavio chemicals
and materials researchers:

• Growing application in automotive and industrial coatings: a major
  market driver
• In 2016, the global polyurethane dispersions market led the coatings
  applications with a market share of more than 35%
• In 2016, APAC led the polyurethane dispersions market with a market
  share of more than 41%
• BASF, Covestro, Mitsui Chemicals, The Dow Chemical Company, and The
  Lubrizol Corporation are the key players in the market

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Growing application in automotive and industrial coatings: a major
market driver

Growing application in automotive and industrial coatings is one of the
major drivers of the global polyurethane
dispersions market. Polyurethane dispersions are used in several
industrial applications where elastomeric properties, high abrasion
resistance, and high extensibility at low temperature are required.
Polyurethane dispersions are gaining thrust in coatings particularly in
the construction, automotive, and aerospace industries. This is due to
their high toughness, flexibility, and resistance. Polyurethane
dispersions that are used in coatings make them more durable, easy to
use, and environment-friendly. Polyurethane dispersions also deliver
good chemical and alkali resistance properties when used in paints and
coatings. Therefore, the demand for polyurethane dispersions is
increasing globally.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

APAC: largest polyurethane dispersions market

The demand for polyurethane dispersions is predicted to grow at the
highest CAGR in APAC. There is a growing demand for polyurethane
dispersions, particularly in countries like China, India, Japan, South
Korea, and Thailand. Hence, this region is leading the market for
polyurethane dispersions. The demand for polyurethane dispersions is
increasing in the region mainly for coatings, adhesives, sealants, and
synthetic leather production applications. There is growing demand for
coatings in automotive, textile, leather, and construction sectors in
APAC which is driving the demand for polyurethane dispersions.

According to Kurva Samba Sivudu, a lead analyst at Technavio for
research on paints,
coatings, and pigments, “The rising construction and
automotive industry in countries like China, India, and Japan coupled
with urbanization, industrialization, increase in purchase power and the
growing leather production has pushed the overall demand for
polyurethane dispersions in the region. China and India are the largest
producers and consumers of polyurethane dispersions in the region.”

Competitive vendor landscape

The global polyurethane
dispersions market is highly competitive. The major factors inducing
the competition in this market are price, quality, and the distribution
network of the vendors. The manufacturers use various strategies to
maintain their competitive existence in the market that strengthens and
restructures their activities. Apart from this, they also try to
maintain their leading position by developing new technologies to
increase their profit margins. Environmental regulations with respect to
the emission of formaldehyde, fluctuations in raw material prices, and
various other factors lead to the complexity of this market.

Get a sample copy of the global
polyurethane dispersions market report free of cost

Access Technavio’s continuously growing paints,
coatings, and pigments research library and find expert analysis
on hundreds of markets.

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com