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Waterborne Polyurethane Dispersions Market Share
The waterborne polyurethane dispersions industry is expanding through strategic partnerships, product launches, and commercialization. Companies are investing in research to develop innovative products and increase revenue.
BASF and Covestro are key players in this market, offering a variety of PUD products for applications in automotive, construction, furniture, and packaging. BASF supplies PUDs for automotive uses, including coatings for car interiors and exteriors. In the construction sector, its PUDs are used in coatings for floors, walls, and ceilings.
Waterborne Polyurethane Dispersions Market Companies
Major players operating in the waterborne polyurethane dispersions industry are:
- BASF
- Cargill
- Covestro
- DIC Corporation
- Dow
- Evonik
- HMG Paints
- Huntsman
- Lanxess
- Nippon Polyurethane
- PPG Industries
- RPM International
- Toyo Kasei
- Wacker Chemie
What is the market share of cationic PUDs in the waterborne polyurethane dispersions industry?
Cationic PUDs accounted for USD 614.4 million in revenue in 2024, driven by their superior adhesion properties, making them highly effective in industries like textiles and packaging.
How big is the waterborne polyurethane dispersions market?
The global market size for waterborne polyurethane dispersions was valued at USD 1.7 billion in 2024 and is projected to reach USD 3 billion by 2034, driven by a CAGR of 5.9% during the forecast period, supported by increasing demand for sustainable and high-performance products.
How much is the U.S. waterborne polyurethane dispersions market worth?
The U.S. market generated USD 460.8 million in 2024, driven by advancements in polymer technology and stringent environmental regulations promoting low-VOC, eco-friendly products.
Who are the major players in the waterborne polyurethane dispersions industry?
Major players in the market include BASF, Cargill, Covestro, DIC Corporation, Dow, Evonik, HMG Paints, Huntsman, Lanxess, Nippon Polyurethane, PPG Industries, RPM International, Toyo Kasei, and Wacker Chemie.