PUBLISHER: Value Market Research | PRODUCT CODE: 1547793
PUBLISHER: Value Market Research | PRODUCT CODE: 1547793
The global demand for Polyurethane Dispersion Market is presumed to reach the market size of nearly USD XX.X Million by 2032 from USD XX.X Million in 2023 with a CAGR of 7.36% under the study period 2024-2032.
Polyurethane dispersions (PUDs) are polymers used as coatings and adhesives in a wide range of applications. PUDs are easy to handle since they use water as the primary solvent. They exhibit exceptional physical properties like low viscosity, high molecular weights, anticorrosive, excellent water, plasticizer resistance, good adhesion, abrasion-resistant, good film-forming properties, high tack, and long life. They are considered environment friendly and are used in industrial coatings, UV coating resins, floor coatings, hygiene coatings, wood coatings, adhesives, concrete coatings, automotive coatings, and clear coatings. In the medical field, they are used to make liquid bandage and packaging applications in the food industry.
The growing demand for cost-effective adhesives and coatings with environmental advantages and excellent physical properties will be the main factors anticipated to push the PUDs' market forward. The need for easy to use paints, inks, coatings, and adhesives across various end-user industries will further benefit market growth. Rapid urbanization and the emergence of many applications in the automotive, furniture, footwear, and textiles sector will boost the market growth. Changing lifestyles and the increased use of packaged foods will enhance the demand for these dispersions in the food packaging industry. The main roadblock affecting this market is the high cost of raw materials.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Polyurethane Dispersion. The growth and trends of Polyurethane Dispersion industry provide a holistic approach to this study.
This section of the Polyurethane Dispersion market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Polyurethane Dispersion market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Polyurethane Dispersion market include Alberdingk Boley, BASF SE, Cytec Industries Inc., Covestro, Chemtura Corporation, Dow Chemical Company, Hauthaway Corporation, Mitsui Chemicals Inc., Lubrizol. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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