Albany, NY -- (SBWIRE) -- 11/29/2016 -- The demand for polyurethane dispersions is mainly triggered by growing demand from the coatings and adhesive industry. In the coming years, the new regulations that limit the amount of volatile organic compounds (VOCs) allowed in paints, adhesives, coatings and other such products, is expected to provide potential opportunities for the market to flourish.
This market research report by Transparency Market Research estimates and analyses the global demand for polyurethane dispersions in terms of revenue (USD million) and volume (kilo tons) for the six year period from 2012 to 2018. It offers information on the driving and restraining factors, latest trends influencing the market and opportunities available in the near future for the polyurethane dispersions market. The demand for polyurethane dispersions in 2012 was 267.1 kilo tons and is forecast to reach 369.3 kilo tons by the end of 2018, growing at a CAGR of 5.5% between 2012 and 2018.
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The demand for polyurethane dispersions is mainly fueled by growing demand from the synthetic leather production industry. This report segments the market based on applications such as textile finishing, synthetic leather production and natural leather finishing. Key product segments analyzed, estimated and forecasted in this report include solvent-based and water-based PUDs for the period from 2011 to 2018. For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed the key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.
The PUD market is also analyzed based on regional outlook, segmenting the market into key regions such as North America, Europe, Asia-Pacific and Rest of the World. Each of the these geographic areas are further segmented based on PUD applications, and thorough analysis and forecast of each application in terms of revenue and volume for the period from 2011 to 2018 has been included in the report.
The market research study includes product value chain analysis with detailed description beginning with raw material right up to its end use. The report provides an analysis based on Porter's five forces to pinpoint the pros and cons of various factors influencing the PUD industry. This helps the various market participants such as potential new entrants, suppliers of raw materials, substitutes, and buyers, in their strategy making process. Market size and forecast for each major application is provided in the context of the global as well as regional market. All volumes i.e. Kilogram/Tons/Kilo Tons are expressed as Kilogram/Tons/Kilo Tons of dry polymers. All market revenue has been calculated on the basis of sales and consumption trends. All USD exchange rates are as of 2013. Inflation is not a part of pricing in this report. Prices vary in each region. Given that different end users use different types of products, pricing for each application varies according to region while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end application in each region.
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Some of the key participants of the PUD market profiled in this report include Alberdingk Boley, Bayer MaterialScience AG, BASF SE., Chemtura Corporation, Dow Chemical Company, Mitsui Chemicals Inc., Cytec Industries Inc., Hauthaway Corporation, and Lubrizol. These companies are profiled in detail covering features such as financial overview, SWOT analysis, business strategies, company overview, product portfolio and recent developments of each company.
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