Global polyurethane dispersions market expected to reach USD 2.13 billion in 2021, growing at a CAGR of 6.5% between 2016 and 2021.
The report covers forecast and analysis for the polyurethane dispersions market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD million) and volume (Tons). The study includes drivers and restraints for the global polyurethanes dispersions market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the global polyurethanes dispersions market on a global level.
In order to give the users of this report a comprehensive view on the polyurethanes dispersions, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the global polyurethanes dispersions market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view on the global polyurethanes dispersions market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Key application segments covered under this study include Coatings, Synthetic Rubber, Leather Production, Textile Finishing, Adhesives & Sealants and Other Applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. This segmentation includes demand for polyurethanes dispersions based on individual applications in all the regions and countries.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Mitsui Chemicals Inc., Alberdingk Boley GmbH, Chemtura Corporation, Covestro AG, COIM, Lamberti SPA, The Dow Chemical Company, ICAP-SIRA Chemicals, BASF SE, Chase Corporation.
This report segments the global polyurethanes dispersions market as follows:
Global Polyurethane Dispersions Market: Product Segment Analysis
Global Polyurethane Dispersions Market: Application Segment Analysis
Global Polyurethane Dispersions Market: Regional Segment Analysis
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global polyurethanes dispersions market - Global and Industry Analysis
Chapter 4 Global polyurethanes dispersions market - Competitive Landscape
Chapter 5 Global polyurethanes dispersions market - Application Segment Analysis
Chapter 6 Global Polyurethanes dispersions market- Regional Segment Analysis
Chapter 7 Company Profile
This report is based on in-depth qualitative and quantitative analyses of the global Polyurethane Dispersions market. Zion Research has collected and analyzed key data belong to the global Polyurethane Dispersions market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Polyurethane Dispersions across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Polyurethane Dispersions industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Polyurethane Dispersions market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Polyurethane is a polymer that contains urethane links connecting organic units of polymers. Polyurethanes are formed by reaction between di-isocyanate or polyiscyanate and polyol. Polyurethanes products have a wide range of applications adhesives & sealants, insulation, construction, coatings etc. Owing to different properties polyurethane products are divided into different types of thermosetting polymers and thermoplastic polymers. Polyurethane dispersion is a two-component technology that involves dispersion of polyurethanes into different liquefying agents. Polyurethane dispersion can be further classified as solvent based dispersion and water-based dispersion.
On account of properties such as low density, flexibility, durability, resistance to abrasion & fatigue, strength polyurethane dispersion has numerous applications. A major section of polyurethane dispersion is used in coatings in many industries like textile, automobile, construction, leather industries, aerospace, furniture etc. Polyurethanes are characterized with flexibility, durability, resistance to abrasion & fatigue, strength, hence are majorly used in coating applications. Water based dispersion is environment-friendly and can be used in many industries. Coatings and paint industries are the major application segments of polyurethane dispersion. Binders in industrial coatings, concrete sealers, insulation coating, paper coating, textile finishing etc. are the other coating applications of polyurethane dispersion.
Specialty coating, especially in military and marine, is another important application segment. Polyurethane dispersions are the ideal materials with significant performance with growing environmental regulations on low volatile organic compounds (VOC), in turn growing the coating applications in polyurethane dispersions market. Adhesives on the polyurethane dispersions are used for laminating foot panels of furniture, automobile interior parts and also for sealing of shoe soles. The Strong reliable bonding strength is essential for the finished parts that are to be processed further. Polyurethane dispersion is used in these applications. Polyurethane dispersion is also used in elastomers and fibers.
Immense growth in global demand for automobile industries is expected to drive global polyurethane dispersion market. Synthetic leather production by incorporation of polyurethane dispersions is also expected to drive the demand of global polyurethane dispersion market. Growing furniture market is another factor expected to drive global polyurethane dispersion market. Eco-friendly nature of water-based polyurethane dispersion is expected to drive the demand for water-based global polyurethane dispersion market. Toxicity and negative effects are the restraining factors for solvent based polyurethane market.
Asia Pacific was the most dominant region for global polyurethane dispersion market in 2015. It is expected to be the fastest growing market for polyurethane dispersion in the coming years. The highest growth is anticipated to be witnessed as a result of economic expansion in this region. Economic growth of the region is expected to increase the demand for polyurethane market. Leap in the demand for global polyurethane dispersion market is vigorous in this region owing to rapid development in the segments of coatings, adhesives, leather production etc. with China being the most dominating market. In developing economies such as India, Germany, France, China and Italy the global polyurethane dispersion market is expected to take a leap in the forecast period. North America and Europe are expected to witness the boost in the market owing to the industrial expansion and growing infrastructure.
Some of the key players in the polyeurethane market include Mitsui Chemicals Inc., Alberdingk Boley GmbH, Chemtura Corporation, Covestro AG, COIM, Lamberti SPA, The Dow Chemical Company, ICAP-SIRA Chemicals, BASF SE, Chase Corporation