Press release
Aqueous Polyurethane Dispersion Market Expands with Rising Demand for Eco-Friendly Coatings
"Global Aqueous Polyurethane Dispersion Market, By Type (Component Polyurethane, Two-component Polyurethane, Urethane-modified), Application (PUD Leather Finishing Agents, PUD Coating Agent, PUD Water-Based Glue, Waterborne Wood Coating, Water-Based Paint, Textile Finishing, Others) - Industry Trends and Forecast to 2031.Data Bridge Market Research analyzes that the global aqueous polyurethane dispersion market was valued at USD 2.31 billion in 2023 and is expected to reach a value of USD 3.31 billion by 2031, at a CAGR of 4.60% during the forecast period of 2024 to 2031.
Explore Further Details about This Research Aqueous Polyurethane Dispersion Market Share Report https://www.databridgemarketresearch.com/reports/global-aqueous-polyurethane-dispersion-market
**Segments**
- By Type: The aqueous polyurethane dispersion market can be segmented into anionic, cationic, and nonionic types. Anionic aqueous polyurethane dispersions are anticipated to witness substantial growth due to their excellent properties such as high film-forming ability, good adhesion to various substrates, and resistance to chemicals and abrasion. Cationic aqueous polyurethane dispersions are also expected to show significant growth owing to their compatibility with a wide range of substrates, including textiles, plastics, and metals. Nonionic aqueous polyurethane dispersions are likely to experience steady demand due to their versatility and stability in various applications.
- By Application: The market can be categorized into coatings, adhesives, sealants, leather finishing, textiles, and others. The coatings segment is projected to dominate the market due to the increasing demand for environmentally friendly coatings with high performance and durability. Adhesives and sealants segments are also expected to witness substantial growth driven by the growing construction and automotive industries. The leather finishing segment is likely to experience significant demand owing to the rising demand for water-based finishing solutions in the leather industry.
- By End-Use Industry: The aqueous polyurethane dispersion market can be segmented into automotive, construction, textile, packaging, leather, and others. The automotive industry is expected to be a key driver of market growth due to the rising adoption of water-based coatings for automotive applications. The construction industry is also anticipated to contribute significantly to market growth with the increasing demand for eco-friendly construction materials. The textile industry is likely to witness substantial demand for aqueous polyurethane dispersions for improving the fabric's properties such as water repellency and stretchability.
**Market Players**
- Covestro AG
- BASF SE
- DIC Corporation
- Huntsman Corporation
- DSM
- The Lubrizol Corporation
- Mitsui Chemicals, Inc.
- Wanhua Chemical Group Co., Ltd.
-The aqueous polyurethane dispersion market is witnessing significant growth and is expected to continue its upward trajectory in the coming years. The segmentation of the market by type into anionic, cationic, and nonionic dispersions offers insights into the diverse properties and applications of these products. Anionic aqueous polyurethane dispersions are gaining popularity due to their superior film-forming ability, strong adhesion to various substrates, and resistance to chemicals and abrasion. This segment is poised for substantial growth as industries seek high-performance coating solutions. Cationic aqueous polyurethane dispersions are also in demand for their versatility in adhering to a wide range of substrates, making them ideal for applications in textiles, plastics, and metals. Meanwhile, nonionic aqueous polyurethane dispersions are valued for their stability and versatility across different applications, ensuring a steady demand for these products.
In terms of applications, the coatings segment leads the market as industries increasingly shift towards environmentally friendly coatings that offer high performance and durability. The demand for aqueous polyurethane dispersions in coatings is driven by the need for sustainable solutions without compromising on quality. Additionally, the adhesives and sealants segments are poised for growth, supported by the booming construction and automotive sectors. As these industries seek efficient and reliable bonding solutions, aqueous polyurethane dispersions offer a sustainable alternative. The leather finishing segment is also experiencing significant demand, driven by the leather industry's shift towards water-based finishing solutions to meet environmental regulations and consumer preferences.
When considering end-use industries, the automotive sector emerges as a key driver of market growth as it embraces water-based coatings for various applications. The automotive industry's focus on sustainability and performance aligns well with the benefits offered by aqueous polyurethane dispersions, driving their adoption in this sector. Moreover, the construction industry plays a vital role in the market, with a growing demand for eco-friendly construction materials leading to increased use of aqueous polyurethane dispersions**Market Players**
- Covestro AG
- BASF SE
- DIC Corporation
- Huntsman Corporation
- DSM
- The Lubrizol Corporation
- Mitsui Chemicals, Inc.
- Wanhua Chemical Group Co., Ltd.
- VCM Polyurethanes Pvt. Ltd. (India)
- Coim Group (Italy)
- Dow (U.S.)
- UBE Corporation (Japan)
- Siwp (Germany)
- STAHL SOCIALS (Netherlands)
The aqueous polyurethane dispersion market continues to exhibit robust growth, driven by the increasing awareness and adoption of eco-friendly coatings and adhesive solutions across various industries. Anionic aqueous polyurethane dispersions stand out for their exceptional film-forming ability, strong adhesion properties, and resistance to chemicals and abrasion, making them a preferred choice for industries seeking high-performance coating solutions. The cationic aqueous polyurethane dispersions segment is witnessing significant demand due to its versatility in adhering to a wide range of substrates, particularly within textiles, plastics, and metals applications. Nonionic aqueous polyurethane dispersions are experiencing steady demand thanks to their stability and versatility across diverse applications, ensuring a consistent market share.
In the realm of applications, the coatings segment commands a considerable market share, fueled by the shift towards sustainable coatings that deliver superior performance and durability. The demand for aqueous polyurethane dispersions in coatings is driven by the imperative for sustainable solutions without compromising on quality
Table Of Content
1 Introduction
1.1 Objectives Of The Study
1.2 Aqueous Polyurethane Dispersion Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Aqueous Polyurethane Dispersion Market Segmentation
2.1 Aqueous Polyurethane Dispersion Market Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modeling
2.7 Primary Interviews With Key Opinion Leaders
2.8 Dbmr Aqueous Polyurethane Dispersion Market Position Grid
2.9 Dbmr Vendor Share Analysis
2.1 Secondary Sources
2.11 Assumptions
3 Executive Summary.............
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