The Global Polyurethane Dispersion (PUD) market is estimated to grow at CAGR 7% during the forecast period 2021-2026. The market for polyurethane dispersion is expected to grow due to rising demand in various applications such as paints and coatings, adhesives and sealants, and fibre finishing.
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Increased investments in the automotive and chemical manufacturing industries, as well as growing applications like paints and coatings and adhesives and sealants, are expected to make APAC the largest and fastest-growing region. In addition, developing economies like China and India have been expanding their manufacturing sectors. PUD demand in the region is expected to increase as a result of these factors.
Key market players in the global Polyurethane Dispersion industries are BASF SE, Mitsui Chemical Inc., Covestro AG, Huntsman Corporation, Lubrizol Corporation, Cytec Solvay Group, Perstorp AB, Chase Corporation, Lanxess AG, Lamberti SPA, Rudolf GMBH, and Alberdingk Boley GmbH.
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