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Polyurethane Dispersion Market Size is estimated to grow from USD 4.4 Billion in 2021 to USD 6.3 Billion by 2026, at a compound annual growth rate of 9.2% over the outlook period
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polyurethane dispersion market size was valued at USD 4.4 billion in 2022, and it is estimated to reach USD 6.3 billion by 2027, with a registering CAGR of 9.2% during the forecast period. Polyurethane dispersion is a binary colloidal system formed by particle dispersions in the aqueous phase. Polyurethane dispersion is used for coatings, adhesives, sealants, and elastomers. The specific uses include industrial coatings, UV coatings resin, floor coatings, hygiene coatings, and wood coatings. Polyurethane is a fast-developing product in the coating industry with outstanding performance. The polyurethane dispersion substance has high molecular weight and possesses quality properties like high elasticity, high abrasion resistance, and high tensile strength. Drivers: The increasing industrialization, construction, and automotive industry are driving the market’s revenue. The growing demand in the textile and leather industry is the key factor to drive the market growth. The increasing use of polyurethane in the lucrative luggage, bags, footwear industry, and fashion industries drives the market growth. The rising fungal infections are the major factor driving the market growth. The growing demand in the textile and leather industry The leather industry increasing because of shoe and footwear production, seat covers, handbags, apparel, and other products to drive the market growth. The textile industry is changing to meet the needs of the new market it has a new trend of nonwoven materials, domestic sales, green textiles, technology, and environmental sustainability to drive the market growth. Restraints: The fluctuating oil prices may influence the price of the raw material directly which will decrease the profit margin among suppliers and the product manager is a major factor to restrain the market growth. Browse for full report @ https://www.marketdataforecast.com/market- reports/polyurethane-dispersion-market Segmentation Analysis: Polyurethane Dispersion Market - By Type: Low Solvent Solvent-free Based on the type: The Solvent free was recorded as the largest market share in the polyurethane dispersion market in 2022 and it is anticipated to grow significantly during the forecast period. Solvent free is a substance that contains little or no solvent. The solvent-free have various applications
such as paints & coatings and leather finishing. Textile finishing. Adhesives & sealants and others to drive the market growth. Polyurethane Dispersion Market - By Application: Paints & Coatings Adhesive & Sealants Fiber Finishing Textile Finishing Others Based on the application: The paints & coatings held the largest share in the polyurethane dispersion market in 2022 and it is anticipated to grow significantly during the forecast period. The paints & coatings industry is one of the most heavily regulated industries due to its impact on the environment. The segment used the paints due to low volatile organic compound emission, absence of harmful monomers, and high abrasion resistance, and therefore it is extremely important in the polyurethane dispersion market. Ask reports/polyurethane-dispersion-market/request-sample for a sample report @ https://www.marketdataforecast.com/market- Polyurethane Dispersion Market - By End-use: Automotive Furniture Footwear & Bags Textile & Printing Pulp & Paper Others Based on the end use: The Automotive segment held the largest share market in the polyurethane dispersion market in 2022 and it is anticipated to grow significantly during the forecast period. The automotive industry includes industries associated with the production, retailing, wholesaling, and maintenance of motor vehicles to drive the market growth. Regional Analysis: North America Europe
Asia Pacific Latin America Middle East and Africa About Us: Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs. Contact Us: Market Data Forecast Phone: +1-888-702-9626 Email: contact@marketdataforecast.com