"Polyurethane Dispersions Market - Trends & Forecasts to 2020" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue Jan 05 2016


Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020

"The high potential from the textile and leather industry, and increasing global demand for automotive is driving the market for polyurethane dispersions"

The market size for polyurethane dispersions is projected to reach USD 2.04 billion by 2020, registering a CAGR of 6.8% between 2015 and 2020. Increasing demand from the leather & textile industry is the major driver for polyurethane dispersions market. The global textile and leather industry is expected to rise with the growing demand from various end-use industries. With some major economies, such as India, China, Germany, Italy, and France, the market is expected to boost further. The leather industry is another major segment boosting the growth of polyurethane dispersions, globally. Further, the production of synthetic leather, incorporating polyurethane dispersions is hugely driving the demand for polyurethane dispersions at present. The global automotive industry is witnessing strong growth and profitability. Asia-Pacific is the growing market for the automotive industry. Japan and China are the major exporters of automobile products in Asia-Pacific. In addition, the expanding automobile industry in the developing economies of the Central and South American region contributes hugely to the polyurethane dispersions market.

Full Report Details at
- http://www.fastmr.com/prod/1098936_polyurethane_dispersions.aspx?afid=301

Coatings, the largest application for polyurethane dispersions

Coatings are the largest application of polyurethane dispersions. Polyurethane dispersions are used widely for coatings application in various end-use industries such as construction, automotive, aerospace, electronics, leather, textile, wood, and other sectors. As polyurethane dispersions are characterized with adhesion to a range of substrates, resistance to chemicals, solvents and water, abrasion resistance and flexibility, it is the ideal material for the coatings application. Additionally, the coatings segment is expected to boost further with the shift in industries from developed to developing economies, particularly from the U.S. to China. Different types of coatings such as decorative coatings, industrial coatings, architectural coatings, and maintenance coatings market are growing individually. Polyurethane dispersions are the ideal material performing significantly in the coatings market with the growing environmental legislations and government regulations on low VOCs; hence, enhancing the growth of coatings application in the polyurethane dispersions market.

Asia-Pacific, the largest and fastest-growing market for polyurethane dispersions

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