San Francisco, 12 February, Polyurethane Dispersion (PUD) Market
Analysis By Product (Water Based, Solvent Based), By Application (Textile
Finishing, Natural Leather Finishing, Synthetic Rubber) And Segment Forecasts
To 2022.
The global polyurethane dispersion (PUD) market is expected to reach USD 1.6 billion by
2022, according to a new report by Grand View Research, Inc. Growth of the key
end-use industries including automotives, packaging, furniture, textile and
leather is expected to drive the global polyurethane dispersion market over the
forecast period. Civil unrest in Middle East and North Africa coupled with
depleting crude oil reserves has been major factor influencing petrochemical
prices globally. Volatile MDI and TDI prices are expected to remain a key
challenge for market participants over the next seven years.
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Report On Polyurethane Dispersion (PUD) Market Analysis:
Water based PUD was the leading
product segment and accounted for 53.8% of total market volume in 2014.
Favorable regulatory norms for water based dispersants have resulted in the
rise in consumption. It is also expected to witness the highest growth of 6.4%
from 2015 to 2022. Stringent regulations particularly in developed economies of
North America and Europe are expected to retard growth of solvent based
PUD.
Further key findings from the report suggest:
·
Global polyurethane dispersion
(PUD) market size was 296.4 kilo tons in 2014 and is expected to grow at a CAGR
of 5.9% from 2015 to 2022.
·
Automotive, packaging,
interiors and furniture are key application for PUD. Growth of these industries
in BRICS market is expected to fuel PUD demand over the forecast period.
Synthetic leather is expected to witness significant gains in its market size.
The segment is expected to grow at an estimated CAGR of 7.5% from 2015 to 2022.
·
Asia Pacific was the leading
regional market with demand share estimated at 37% in 2014. Positive outlook on
automotive and textile industries in China, India and Indonesia is expected to
drive the regional growth. Asia Pacific is also expected to witness the highest
growth of 6.5% from 2015 to 2022.
·
PUD industry is moderately
concentrated with high degree of competitiveness among the market participants
to gain market share. Key industry participants have been focusing on
consolidation of industry. High concentration of unorganized manufacturers in
China is expected to pose challenge for market leaders in terms of price and
product offerings. Major companies operating in the global market players
include BASF, The Dow Chemical Company, Bayer MaterialScience and Cytec.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/bulk-chemicals
Grand View Research has segmented the
polyurethane dispersions (PUD) market on the basis of product, application and
region:
PUD Product Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
Water-based dispersions
·
Solvent-based dispersions
PUD Application Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
Textile Finishing
·
Natural Leather Finishing
·
Synthetic Leather
·
Others
PUD Regional Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
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Press Release of this Report: www.grandviewresearch.com/press-release/global-polyurethane-dispersion-market
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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