According to a market report by Lucintel, the future of the global polyurethane dispersion market looks promising with opportunities in the paint & coating, adhesive & sealant, leather finishing, and textile finishing markets. The global polyurethane dispersion market is expected to reach an estimated $3.7 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are increasing demand for sustainable and environmentally friendly products, growing demand from the furniture and interior design sectors, and rising demand for high-performance coatings, adhesives, and sealants.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in polyurethane dispersion market to 2030 by type (solvent-free and low-solvent), end use (paints & coatings, adhesives & sealants, leather finishing, textile finishing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, solvent-free and low-solvent are the major segments of polyurethane dispersion market by type. Lucintel forecasts that solvent-free is expected to witness the higher growth over the forecast period due to increasing environmental regulations and the growing awareness of the benefits of solvent-free puds.
Within this market, paints and coatings will remain the largest segment due to rising demand from different paint and coatings markets which including automotive, construction, and industrial paint and coatings.
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APAC is expected to witness highest growth over the forecast period due to growing industrial activities, rising consumer and infrastructural spending, and strong economic growth can be seen in China and India.
BASF, Wanhua Chemical, Mitsui Chemical, Huntsman, Lanxess, Covestro, DSM, SABIC, Solvay, and Momentive are the major suppliers in the polyurethane dispersion market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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