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Aqueous Polyurethane Dispersion (PU) Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 266 | Report ID: MRS1043


Report Description

The global Aqueous PU Dispersion market size is estimated at USD 1,104.6 million in 2020, expanding at a CAGR of 7.4% from 2021-2027.

Market Dynamics

Aqueous PU Dispersion is a water-based polyurethane resin used in coatings and adhesives, textile finishing, and leather finishing. Aqueous Polyurethane dispersion is a chemical that is broadly used as an agent for drinking water purification as well as in wastewater treatment facilities.

Growing demand for natural & synthetic leather across the globe, technological advancements with regulations to maintain environmental sustainability, and a shift in demand from solvent-borne coating towards waterborne system coating are likely to boost the market during the forecast period. In addition, exceptional properties such as quick drying time, abrasion and temperature impact resistance, and better weather stability, have increased its use in the industrial and commercial sectors. Furthermore, Aqueous PU Dispersion is also used as a binding agent for inks and ceramic powders, semi-permeable membranes, and also as single-ion electrolytes in batteries. However, the relatively higher cost is likely to hinder the market growth during the forecast period.

Based on Product Type, the market is bifurcated into Component Polyurethane, Two-component Polyurethane, and Urethane Modified. The Two-component Polyurethane segment is estimated to hold the largest market share during the forecast period owing to its exceptional properties such as hardness, external appearance, finishing, and chemical resistance to the product.

Based on Application, the market is segmented into Coating and Adhesive, Textile Finishing, Leather Finishing, Wood Finishing, Synthetic Leather, and Others. The Coating and Adhesive segment witnessed the largest market share during the forecast period owing to strict environmental policies regarding the emission of VOC and other hazardous air pollutants.

Regionally, the Asia-Pacific region holds the largest revenue share in 2020 and is estimated to register significant growth during the forecast period owing to the increasing demand from emerging economies such as China and India.

Some of the prominent players are Alberdingk Boley, Bayer, BASF, DSM, DIC, DowDuPont, Hauthaway, Lanxess, Lubrizol, Stahl, Mitsui, Reichhold, Wanhua Chemical, Grand Chemical, Guangdong Orient, Shandong Audmay, SiwoChem, SNP, UBE, and VCM Polyurethanes, among others.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of the Aqueous PU Dispersion Market by product type, application, and region. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Alberdingk Boley
  • Bayer
  • BASF
  • DSM
  • DIC
  • DowDuPont
  • Hauthaway
  • Lanxess
  • Lubrizol
  • Stahl
  • Mitsui
  • Reichhold
  • Wanhua Chemical
  • Grand Chemical
  • Guangdong Orient
  • Shandong Audmay
  • SiwoChem
  • SNP
  • UBE
  • VCM Polyurethanes

Product Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Component Polyurethane
  • Two-component Polyurethane
  • Urethane Modified

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Coating and Adhesive
  • Textile Finishing
  • Leather Finishing
  • Wood Finishing
  • Synthetic Leather
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • Latin America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Aqueous PU Dispersion market size is estimated at USD xx million in 2020, expanding at a CAGR xx% from 2021-2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

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