DUBLIN, December 9, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/mqdqrj/polyurethane) has announced the addition of the "Polyurethane Dispersion Market - Trends & Forecasts to 2020" report to their offering.
The global polyurethane dispersions (PUDs) market size, in terms of value, is projected to reach USD 2.04 Billion by 2020, at a CAGR of 6.8% between 2015 and 2020. In terms of volume, the market is projected to reach 402.3 kilotons by 2020, at a CAGR of 5.1% during the forecast period.
The high potential from the textile and leather industry, increasing global demand for automotive and continuous expansion, and merger & acquisition activities undertaken by different companies are the key factors for the growth of the global polyurethane dispersions market.
The water-based PUDs are projected to be the largest and fastest-growing type of polyurethane dispersions between 2015 and 2020. The water-based PUDs are of great importance due to their extraordinary characteristics of containing lower levels of volatile organic content (VOC).
The synthetic leather production application is the fastest-growing application in the global polyurethane dispersion market. This is due to the major industrial manufacturers are using synthetic leather in footwear, handbags, apparels, automotive, interior, and other sectors. More importantly, the PUD synthetic leather is low in volatile organic compound and is environmentally friendly.
Asia-Pacific, being the largest market for polyurethane dispersions is also projected to register the high growth market, in terms of value between 2015 and 2020. Accelerating demand from end-use industries such as coatings, leather production, adhesives in Asia-Pacific is driving the growth of the polyurethane dispersions market. Tremendous development in infrastructure and increasing demand of coatings and adhesives in various end-use industries such as automobile, textile, and leather is expected to drive the PUDs market in this region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Polyurethane Dispersions Market, By Type
8 Polyurethane Dispersions Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
- Alberdingk Boley GMBH
- Basf SE
- Chase Corporation
- Chemtura Corporation
- Coim S.P.A.
- Covestro AG
- Cytec Industries Inc.
- Icap-Sira Chemicals And Polymers S.P.A.
- Lamberti S.P.A.
- Lubrizol Corporation
- Mitsui Chemicals Inc.
- The Dow Chemical Company
For more information visit http://www.researchandmarkets.com/research/mqdqrj/polyurethane
About Research and Markets:
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
SOURCE Research and Markets