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Waterborne Polyurethane Dispersions Market Share

Report ID: GMI7568
Published Date: Dec 2023
Report Format: PDF

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Waterborne Polyurethane Dispersions Market Share

Some of the major companies operating in the waterborne polyurethane dispersions industry are:

BASF
Covestro
Huntsman
Dow Chemical Company
Evonik Industries
Lanxess
Wacker Chemie
Ashland Global Holdings
Cargill
RPM International
Nippon Polyurethane
DIC Corporation
Toyo Kasei
HMG Paints
PPG Industries

These waterborne polyurethane dispersions focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these waterborne polyurethane dispersions are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

BASF and Covestro are two of the leading global players in the waterborne polyurethane dispersions market. Both companies offer a wide range of PUD products for a variety of applications, including automotive, construction, furniture, and packaging. BASF is a leading supplier of PUDs to the automotive industry, and its products are used in a variety of applications, such as coatings for car interiors and exteriors. BASF is also a companies in the construction industry, and its PUDs are used in a variety of applications, such as coatings for floors, walls, and ceilings.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of waterborne polyurethane dispersions reached USD 1.52 billion in 2022 and is set to cross USD 2.66 billion by 2032, owing to their utility in coatings and adhesives industry.

One-Component (1K) Systems segment held a dominant market share of around 64.74% in 2022, owing to their user-friendliness, simplified application processes, and eliminated need for extensive mixing on-site.

North American market value was USD 490 million in 2022, driven by a robust demand for eco-friendly and sustainable coating solutions across various industries.

BASF, Covestro, Huntsman, Dow Chemical Company, Evonik Industries, Lanxesssome of the major industry contenders.