Global Polyurethane Dispersion Market for Paints and Coatings Market was valued at USD xx Mn in 2019 and is expected to reach USD xx Mn by 2027 at a CAGR of 7.1%over the forecast period 2020-2027.
Global Polyurethane Dispersion Market for Paints and Coatings Market
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The report covers an in-depth analysis of COVID 19 pandemic impact on Global Polyurethane Dispersion Market for Paints and Coatings Market by region and on the key players’ revenue affected till July 2020 and expected short term and long-term impact on the market.
Polyurethane Dispersion Market for Paints and Coatings Market overview
Polyurethane dispersion is also known as urethane. It belongs to a high class of polyurethane having a high molecular weight and comprises polymer and water. The demand for polyurethane dispersion product is increasing owing to its properties such as these thermosetting polymers do not melt when heated. These polymers are widely used in the production of flexible foams and fibers initially in recent years owing to advance technology there is an application expansion of these polymers such as from steel railways carriages and wooden furniture to concrete construction like motor way structure and bridges. Besides, other applications of polyurethane dispersion are in footwear, freezers and refrigeration, and coating and adhesive. Increasing consumer awareness and key player are investing more in the polymers market have built many opportunities for the polyurethane dispersion market.
Polyurethane Dispersion Market for Paints and Coatings Market Dynamic
Expansion in the automobile and construction industry and innovation is driving the growth of the polyurethane dispersion market. They are also used in the manufacturing of furniture products and the production of medical gloves. The paint and coating industry for various end-use applications such as in binders or film former of polyurethane dispersion has fuelled the growth of the market. Besides, these polymers are more environmentally friendly than traditional solvent-based binders. Volatile organic chemicals (VOC) which can cause a serious threat to nature and man leads to increasing the demand for eco-friendly products. They are also used in the coating of metals, textiles, wood, and plastic glass.
However, the demand for the Paints and Coatings Polyurethane Dispersion Market is constrained by low cost and raw material volatility. Besides, the Covid-19 pandemic has slowed down the Polyurethane Dispersion Demand for Paints and Coatings, the operating supply chain, and the termination of many projects. Besides, a decrease in the profit margin among suppliers and product manufacturers may slow down the growth of the market.
The rising consumers' disposable income and increasing purchasing power owing to change in lifestyle with trending fashion has driving the growth of the polyurethane dispersion market in the fashion footwear industry. They have high tensile strength, high abrasion resistance, extreme temperature durability, and high elastic has attracted many manufactures to adopt a new product portfolio. The companies are more focusing on R D and providing e-commerce platforms to improve the business footprints. Coating in wood leather finishes, textile coating, and concrete floor tops PVC will upsurge the demand for polyurethane dispersion in the near future.
Global Polyurethane Dispersion Market for Paints and Coatings Market: Regional Analysis
The regional analysis of the global polyurethane dispersion market is segregated across North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Currently, the Asia Pacific is dominant in Polyurethane Dispersion Market for Paints and Coatings and it continues to expand over the forecast period. Rising automotive industry and increasing consumption of these products especially in water and solvent based products in leather, wood and coating of metals has fuelled the demand in this region. Besides, various government favourable policies have encouraged the growth of the polyurethane dispersion market. Increasing demand from furniture in home and offices have boosted the demand for polyurethane dispersion market.
Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
The objective of the report is to present a comprehensive analysis of the Global Polyurethane Dispersion Market for Paints and Coatings Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Polyurethane Dispersion Market for Paints and Coatings Market dynamics, structure by analyzing the market segments and project Global Polyurethane Dispersion Market for Paints and Coatings Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Polyurethane Dispersion Market for Paints and Coatings Market make the report investor’s guide.
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Global Polyurethane Dispersion Market for Paints and Coatings Market, by Product
• Low Solvent
Global Polyurethane Dispersion Market for Paints and Coatings Market, by Application
• Paints Coating
• Leather Finishing
• Textile Finishing
Global Polyurethane Dispersion Market for Paints and Coatings Market, by Region
• North America
• South America
• Middle East Africa
Global Polyurethane Dispersion Market for Paints and Coatings Market Major Players
• Dow Chemical Company (US)
• BASF SE (Germany)
• Mitsui Chemical Inc. (Japan)
• Covestro AG (Germany)
• Huntsman Corporation (US)
• Lubrizol Corporation (US)
• Cytec Solvay Group (Belgium)
• Perstorp AB (Sweden)
• Chase Corporation (US)
• Lanxess AG (Germany)
• Lamberti SPA (Italy)
• Rudolf GMBH (Germany)
• Alberdingk Boley GmbH (Germany)
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