Waterborne Polyurethane Market Trends, Top Companies, Share, Growth And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Waterborne Polyurethane Global Market Report 2023 identifies growth of the construction industry as the major driver for the waterborne polyurethane market's growth in the forecast period. The construction sector is involved in building infrastructure such as houses, buildings, bridges, and so on. Waterborne polyurethane coatings are used for both floor and wall coatings in various newly constructed buildings as a protective layer for abrasion resistance, weathering resistance, and chemical resistance, thereby increasing the demand for the waterborne polyurethane market.

The global waterborne polyurethane market size is expected to grow from $4.79 billion in 2022 to $5.12 billion in 2023 at a compound annual growth rate (CAGR) of 7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The waterborne polyurethane market is expected to grow to $6.41 billion in 2027 at a CAGR of 5.8%.

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Major competitors in the waterborne polyurethane market are Covestro AG, Koninklijke DSM N.V., BASF SE, Allnex, Dow Inc., H.B. Fuller Company, Wanhua Chemical, SNP Inc., Kamsons Chemicals Pvt. Ltd.

A key trend in the waterborne polyurethane market includes product innovations. Major companies operating in the waterborne polyurethane market are focused on innovating new technologies to sustain their position in the market. For instance, in April 2020, Skshu paint Co Ltd., a China-based manufacturer of coating products including waterborne polyurethane, launched the first water-based polyurethane waterproof coating that includes green and clear water-based ultra-durable polyurethane waterproof coating, redefining the environmental protection of polyurethane coatings, and clear, healthy and environmental protection of waterborne polyurethane coating. The unique features of the product include that it has a variety of application options, including spraying and roller coating, and it has very low environmental requirements, which can significantly increase construction efficiency.

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The waterborne polyurethane market is segmented -
• By Type: Polyurethane Emulsion, Polyurethane Dispersion, or Polyurethane Aqueous Solution

• By Application: Coating, Sealant, Adhesive, Elastomer

• By End-use industry: Building and construction; Automotive and transportation; Bedding and furniture; electronics; Other End Users

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the waterborne polyurethane market.

The Business Research Company's "Global Waterborne Polyurethane Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Waterborne Polyurethane Market Include:
1. Executive Summary
2. Waterborne Polyurethane Market Characteristics
3. Waterborne Polyurethane Market Trends And Strategies
4. Waterborne Polyurethane Market - Macro Economic Scenario
5. Waterborne Polyurethane Market Size And Growth
……
26. Africa Waterborne Polyurethane Market
27. Waterborne Polyurethane Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Waterborne Polyurethane Market
29. Waterborne Polyurethane Market Future Outlook and Potential Analysis
30. Appendix

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