Coatings and Adhesive Industry
Coatings and Adhesive Industry to Boost
Coatings and Adhesive Industry to Boost Polyurethane Dispersions Demand
Polyurethane dispersions (PUDs) are high solid dispersions of polyurethane polymers in water. These are tough materials so used in coatings, adhesives, and sealants. The material is classified as water and solvent based polyurethane dispersions. Water-based polyurethanes dispersions are rapidly growing market segment in the surface coating industry. They have replaced the solvent based PUDs. The amount of volatile organic compounds (VOCs) and hazardous air pollutants (HAPs) are comparatively low, and therefore it is widely used in many commercial and industrial purposes. It is used for coating of flexible and rigid substrates like leather, fabric, plastics, paper and ceramics. It has attributes like heat resistant, fast drying, endurance bonding strength and atomization.
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The PUDs have major applications in industries like automotive, leather, textiles, furniture and interior, construction and others. Automotive, leather and textile are the major consumer industries for this material. Textile finishing, natural leather finishing, synthetic leather production and others are the major applications of this material. Others include coating and adhesives which is has 79% application share in the global market. Synthetic leather production has 10.6% application share in the global market followed by Textile finishing and natural leather finishing. Coatings and adhesive applications in industries like automotive, furniture and interior, etc. have vastly triggered the growth and rise in demand for this material. Environmental and health requirements to amplify this market demand to use water based polyurethane dispersions.
Decision Databases is involved in providing research reports and company profiles in the global polyurethane dispersion market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which impact the market. This study is further utilized for the overall analysis of the market. The polyurethane market is segmented on the basis of the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our polyurethane market report.