A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Polyurethane
Dispersion for Paints and Coatings Market.
The study, titled “Polyurethane
Dispersion for Paints and Coatings Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Polyurethane
dispersion is a technology which comprises a two phase system of
water and a polymer, having high molecular weight and belonging to
the class of polyurethane and some optional components. Polyurethane
products are commonly known as urethanes. Most of the polyurethane
polymers are thermosetting polymers which do not melt when heated.
These polymers were initially used for the production of fibers and
flexible foams but today polyurethane has a wide range of application
ranging from concrete construction like bridges and motorway
structures to steel railway carriages and wooden furniture.
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PDF Brochure for more Professional and Technical insights :
In
addition to the construction industry, it is also used in the coating
and adhesives, footwear, refrigeration and freezers industry.
Polyurethane is also used in the production of medical gloves and
manufacturing of furniture products. In terms of application,
painting and coating industry represents the largest end user of
polyurethane dispersion, where it is used as a film former or
binders. Polyurethane dispersion has replaced the previously used
solvent-based binders as they are more environment friendly as the
latter used to use volatile organic chemicals (VOC) which causes
serious threat to man and nature. Since then, demand for polyurethane
paints and coatings has increased significantly. They are also used
in painting and coating of metals, wood, plastics glass and textiles.
Polyurethane
paints are used in ship and automobile construction using
polyurethane clear coat.. In addition to ships and automobiles,
polyurethane clear coat is also used extensively in the production of
coats for pipeline, floor and balcony, building and roads.
Polyurethane is rapidly gaining importance in the construction
industry on account of its ability to offer durability and resistance
against corrosion and weather...
In
terms of output, Europe, Middle East and Africa (EMEA) account for
the major consumption polyurethane dispersion technology. In 2010,
limitations were set in Europe on the emissions of VOCs by the paints
and coatings used for various industrial applications. The limit for
VOC emissions was set to 50mg organic carbon concentration per m3 f
air in most of the countries. Hence use of polyurethane dispersion
having very limited VOC emission, gained importance. Resulting from
this, production of polyurethane paints and coatings substantially
increased. After EMEA, the industry wass dominated by Asia Pacific in
terms of production, and is expected to witness the fastest growth
over the forecast period. In Asia Pacific, China dominates the
polyurethane dispersions industry .
Initially
China was a more of an importer of polyurethane paints. Over the
recent years, construction and manufacturing companies have increased
in numbers in China, which has further boosted the demand of
polyurethanes. Owing to this, the domestic production in China has
increased rapidly with both large multinationals and local producers
entering into the market. After EMEA and Asia, Demand for
polyurethane technology was also prevalent in Latin America and North
America collectively, where developed economies such as the U.S.
accounts as the largest user for this technology, followed by Brazil.
The
polyurethane market for paints and coating is experiencing healthy
growth which is expected to continue in the near future, majorly
driven by the growth in automotives and construction, particularly in
Asia Pacific. A significant amount of innovations are made by various
market players in order to be prepared to serve the high potential
end-use industries in future. Some of the leading players in this
market are Akzo Nobel N.C (Netherlands), PPG Industries (U.S.),
Sherwin Williams (U.S.), Axalta Coating Systems (U.S.) and BASF SE
(Germany).
Browse
Market Research Report with ToC & Analysis :
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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