Polyurethane Dispersion Market
The global polyurethane dispersion market, as per the analysis of MRFR in their recent report, can exceed USD 1,237.4 million valuation, with 6.28% CAGR, over the forecast period (2015-2023). Polyurethane dispersion aqueous and anionic dispersion with high molecular weight. It can be both aromatic or aliphatic isocyanate. The production process can take place both with or without an emulsifier. PUD or polyurethane emulsifier features temperature durability, high abrasion resistance, superior tensile strength, and high elasticity. The product can work fine with PVC concrete floor coverings, leather wood finishes, and textile coatings.
Competitive Landscape:
Notable players to make a mark in the polyurethane dispersion market are Some of the key players operating in the global polyurethane dispersion market are Michelman, The Lubrizol Corporation, Inc., Mitsui Chemicals Inc., Lamberti S.p.A., Perstorp Holding AB, Alberdingk Boley GmbH, Hauthaway Corporation, LANXESS AG, VCM Polyurethanes PVT. Ltd., Chase Corporation, Allnex, DowDuPont, Inc., Covestro AG, BASF SE, and 3M.
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The product is getting huge traction from several end-user industries such as footwear, fashion, luggage, and others. Rising disposable income is promoting the market. At the same time, it is also fueling the interior decoration industry where furniture designing is proving to be an effective means for profit. But the polyurethane dispersion market may have to bear the brunt of volatile oil price.
Segmentation:
Based on the type, the polyurethane dispersion market can be segmented into water-based and solvent-based.
Application-wise, the polyurethane dispersion market can be segmented into adhesives sealants, leather finishing, coatings, fiberglass sizing, paper textile, and others. The coatings segment held 47% of the global market share in 2016 and it is predicted to grow with 6.98% over the forecast period. An increasing the number of personal cars in developing countries are driving the growth of the automotive sector. This can squarely impact the polyurethane dispersion market growth.
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Industry News
In 2018, Lubrizol announced the commencement of commercial production of Aptalon M8100 which is water-borne and relies on self-crosslinking polyurethane dispersion integrating polyamide polyol technology. Owing to this the product can provide excellent protection to metal applications.
Regional Analysis:
MRFR in their report makes a region-specific segmentation of the Polyurethane Dispersion Market by segmenting them into five regions, namely, Asia Pacific (APAC), Latin America, North America, Europe, and the Middle East Africa (MEA).
The APAC market can be identified as a global market leader. The results, as of 2016, promotes the region as the highest market share contributor. In 2016, the region had control over 37% of the overall volume which is now experiencing huge drive from industries such as automotive, construction, and leather finishing. In 2016, the market was valued at USD 467.2 million with a moderate CAGR of around 6.59% it could gain during the forecast period. China, Japan, and India, with their vast reformations in the construction and automotive sector, can change their market structure. China accounted for USD 161.7 million in 2016 and can exceed USD 269.7 million valuation during the forecast period.
North America comes second with Europe slightly lagging behind. Europe has control over 26% of the entire market where countries such as France, Italy, the U.K, and Germany are the major contributors. They are expected to retain their market structure during the review period as well. Germany held the largest market share and was valued at USD 76.1 million in 2016. The U.K. is second in strength. The strong automotive sector is expected to guide the market ahead. Latin America is predicted to experience above-average growth due to the increasing intake of personal cars. Aerospace and defense are expected to propel the business as well. The MEA market can bank on the infrastructural development of emerging countries such as UAE, Turkey, and Saudi Arabia.
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Table of Content
1 Report Prologue
2 Market Introduction
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 List Of Assumptions 16
2.4 Limitations 16
2.5 Market Structure 17
3 Research Methodology
3.1 Research Process 19
3.2 Primary Research 19
3.3 Secondary Research 20
3.4 Market Size Estimation 20
3.5 Forecast Model 21
4 Market Dynamics
4.1 Introduction 23
4.2 Drivers 24
4.2.1 Increasing Incidents Of Fungal Infections 24
4.2.2 High Growth Of Textile And Leather Industry 25
4.2.3 High Growth Of Textile And Leather Industry 26
4.3 Restraint 27
4.3.1 Fluctuating Prices Of Raw Material 27
4.4 Opportunity 28
4.4.1 Stringent Regulations Regarding Environmentally Friendly Products 28
4.5 Trend 28
4.5.1 Increasing Demand For Water Based Polyurethane Dispersion 28
5 Market Factor Analysis
5.1 Supply Chain Analysis 30
5.1.1 Raw Material Suppliers 30
5.1.2 Polyurethane Dispersion Manufacturers 31
5.1.3 Distribution Channel 31
5.1.4 End-User Industry 31
5.2 Porter's Five Forces Analysis 32
5.2.1 Threat Of New Entrants 32
5.2.2 Threat Of Rivalry 32
5.2.3 Threat Of Substitute 33
5.2.4 Bargaining Power Of Supplier 33
5.2.5 Bargaining Power Of Buyer 33
6 Global Polyurethane Dispersion Market, By Type
6.1 Introduction 35
6.2 Solvent Based 36
6.3 Water Based 38
7 Global Polyurethane Dispersion Market, By Application
7.1 Introduction 40
7.2 Coatings 42
7.3 Adhesives Sealants 43
7.4 Leather Finishing 44
7.5 Paper Textile 45
7.6 Fiber Glass Sizing 46
7.7 Others 47
8 Global Polyurethane Dispersion Market, By Region
8.1 Introduction 50
8.2 North America 55
8.2.1 U.S. 58
8.2.2 Canada 60
8.3 Europe 63
8.3.1 Germany 67
8.3.2 UK 69
8.3.3 France 71
8.3.4 Italy 73
8.3.5 Russia 75
8.3.6 Rest Of Europe 77
8.4 Asia Pacific 79
8.4.1 China 83
8.4.2 Japan 85
8.4.3 India 87
8.4.4 Rest Of Asia Pacific 89
8.5 Latin America 91
8.5.1 Brazil 94
8.5.2 Mexico 96
8.5.3 Rest Of Latin America 98
8.6 Middle East Africa 101
8.6.1 UAE 105
8.6.2 Turkey 107
8.6.3 Saudi Arabia 109
8.6.4 Rest Of Middle East And Africa 111
9 Competitive Landscape
9.1 Introduction 114
9.2 Market Strategy Analysis 114
9.3 Key Developments Of Market Players 115
10 Company Profiles
10.1 The Lubrizol Corporation 119
10.1.1 Company Overview 119
10.1.2 Financials 119
10.1.3 Products 119
10.1.4 Strategy 119
10.1.5 Key Developments 119
10.2 Michelman, Inc. 120
10.2.1 Company Overview 120
10.2.2 Financials 120
10.2.3 Products 120
10.2.4 Strategy 120
10.2.5 Key Developments 120
10.3 MITSUI CHEMICALS AMERICA, INC. 121
10.3.1 Company Overview 121
10.3.2 Financials 121
10.3.3 Products 121
10.3.4 Strategy 121
10.3.5 Key Developments 121
10.4 Perstorp 122
10.4.1 Company Overview 122
10.4.2 Financials 122
10.4.3 Products 122
10.4.4 Strategy 122
10.4.5 Key Developments 122
10.5 Lamberti S.P.A. 123
10.5.1 Company Overview 123
10.5.2 Financials 123
10.5.3 Products 123
10.5.4 Strategy 123
10.5.5 Key Developments 123
10.6 LANXESS 124
10.6.1 Company Overview 124
10.6.2 Financials 124
10.6.3 Products 124
10.6.4 Strategy 124
10.6.5 Key Developments 124
10.7 Alberdingk Boley 125
10.7.1 Company Overview 125
10.7.2 Financials 125
10.7.3 Products 125
10.7.4 Strategy 125
10.7.5 Key Developments 125
10.8 C. L. Hauthaway Sons Corp., 126
10.8.1 Company Overview 126
10.8.2 Financials 126
10.8.3 Products 126
10.8.4 Strategy 126
10.8.5 Key Developments 126
10.9 Chase Corporation 127
10.9.1 Company Overview 127
10.9.2 Financials 127
10.9.3 Products 127
10.9.4 Strategy 127
10.9.5 Key Developments 127
10.10 Allnex 128
10.10.1 Company Overview 128
10.10.2 Financials 128
10.10.3 Products 128
10.10.4 Strategy 128
10.10.5 Key Developments 128
10.11 Covestro AG 129
10.11.1 Company Overview 129
10.11.2 Financials 129
10.11.3 Products 129
10.11.4 Strategy 129
10.11.5 Key Developments 129
10.12 The Dow Chemical Company 130
10.12.1 Company Overview 130
10.12.2 Financials 130
10.12.3 Products 130
10.12.4 Strategy 130
10.12.5 Key Developments 130
10.13 BASF SE 131
10.13.1 Company Overview 131
10.13.2 Financials 131
10.13.3 Products 131
10.13.4 Strategy 131
10.13.5 Key Developments 131
10.14 3M 132
10.14.1 Company Overview 132
10.14.2 Financials 132
10.14.3 Products 132
10.14.4 Strategy 132
10.14.5 Key Developments 132
11 Conclusion
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