Polyurethane Dispersion Market, By Type (Water Based, Solvent Based),to undergo a CAGR of 7.15%,Trends

Polyurethane dispersion or PUD is an aqueous and anionic dispersion solution derived from aromatic and aliphatic isocyanate produced from emulsifiers. The polyurethane dispersion substances possess quality properties such as high tensile strength, high elasticity, high abrasion resistance, extreme temperature durability , and high molecular weight.

Polyurethane dispersion market will expand at a robust CAGR during the forecast period 2022-2029 due to the increasing demand for advanced materials and high-performance polymers across several sectors. Polyurethane dispersions being an eco-friendly substitute to conventional dispersions which cause significant VOC emissions that experiencing significant demand across the world. The "paints and coatings" is highest growing application segment due to technological advancements for environmental safety over the forecast period of 2022-2029.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-polyurethane-dispersion-market

Data Bridge Market Research analyses that the polyurethane dispersion market is expected to undergo a CAGR of 7.15% during the forecast period of 2022 to 2029. This indicates that the market value, which was USD 2.04 billion in 2021, would rocket up to USD 3.54 billion by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Some of the major players operating in the polyurethane dispersion market are:

Lamberti S.p.A. (Italy)

Alberdingk Boley (Germany)

C. L. HAUTHAWAY & SONS CORP (U.S.)

Covestro AG (Germany)

DSM (Netherlands)

Wanhua Chemical Group (China)

Lanxess (Germany)

Stahl Holding (Netherlands)

Perstorp (Netherlands)

Chase Corp (U.S.)

BASF SE (Germany)

SABIC (Saudi Arabia)

3M (U.S.)

Asahi Kasei Chemicals Corporation (Japan)

Solvay (Belgium)

Sumitomo Chemical Co., Ltd (Japan)

LyondellBasell Industries Holdings BV (Netherlands)

Momentive (U.S.)

Mitsubishi Chemical Corporation (Japan)

Polyplastics Co. Ltd. (Japan)

 Dow (U.S.)

Opportunities

Increasing demand of construction and industrial revolution

The polyurethane dispersion market is on the upsurge in the emerging new economies of the developing countries because of increase of construction and industrial revolution. Both demand and supply of polyurethane dispersion for daily purposes and other industrial purposes will create beneficial opportunities for the growth of the market value and market volume.

Global Polyurethane Dispersion Market Scope

The polyurethane dispersion market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Water Based

Solvent Based

Application

Coatings

Adhesives and Sealants

Leather Finishing

Paper and Textile

Fiberglass Sizing

Others

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This release was published on openPR.