The growing demand for innovative and environment-friendly polyurethane products along with the increasing demand for waterborne polyurethanes in the construction industry of the emerging countries is driving the demand for waterborne polyurethanes. The industrial development in emerging countries and growing awareness around the harmful effects of solvent-based polyurethanes has created a growth opportunity for the waterborne polyurethanes market. However, the volatility in raw material prices is hampering the growth of the market. The sub-optimal performance of waterborne polyurethane is creating a challenge for the waterborne polyurethanes market.
The sealant application segment to register the fastest growth during the forecast period.
Waterborne polyurethane sealants provide tighter seals and forms a flexible and elastomeric seam on curing. The UV resistant sealant provides excellent adhesion to most of the industrial materials. Waterborne polyurethane sealants are more suitable for various applications owing to the formation of durable waterproof seal on curing. Waterborne polyurethane sealants are used in road repair, plumbing, and construction where a high-strength, water-resistant seal is needed. These end-uses of waterborne polyurethane sealants is driving the market growth.
The building & construction industry to be the largest end-use market for waterborne polyurethanes.
Waterborne polyurethanes have been at the epicenter of coating industry, providing greener solutions to modern coating problems. This chemical is polyurethane dispersed in water. This reduces the dependence on solvent-based polyurethanes, providing a better and environment-friendly replacement for existing systems. Advantages like temperature curing and good adhesion further reinforce the case for waterborne polyurethanes. It is frequently used in building and construction applications. Affordability of these versatile materials and the comfort they provide have made polyurethane components part of building & construction globally.
APAC is projected to be the largest waterborne polyurethanes market during the forecast period.
APAC is projected to be the largest and fastest-growing market for waterborne polyurethanes. The rising population, increased demand for automobiles, growing disposable income, rapid industrialization, and increased urbanization are driving the APAC waterborne polyurethanes market.
This study was validated through primary interviews conducted with various industry experts worldwide. The primary sources were divided into three categories, namely, company type, designation, and region.
- By Company Type - Tier 1: 25%, Tier 2: 50%, and Tier 3: 25%
- By Designation - C Level: 20%, Director Level: 30%, and Others: 50%
- By Region - APAC: 30%, Europe: 25%, North America: 20%, South America: 15%, and the Middle East & Africa: 10%
The report profiles several leading players of the waterborne polyurethanes market such as Covestro (Germany), DSM (Netherlands), BASF (Germany), R STAHL (Germany), Chemtura (the US), Dow Inc ., (the US), H.B. Fuller (the US), Wanhua Chemical Corporation(China), SNP Inc., (the US), and KAMSONS Chemical Pvt. Ltd., (India). The report also includes detailed information about various growth strategies adopted by these key players to strengthen their position in the waterborne polyurethanes market.
The report offers insights into the waterborne polyurethanes market in the key regions. It aims at estimating the size of the waterborne polyurethanes market during the forecast period and projects future growth of the market across various segments based on application, end-use industry, and region. The report also includes an in-depth competitive analysis of the key players in the waterborne polyurethanes market, along with company profiles, SWOT analysis, recent developments, right to win, and key market strategies.
Key Benefits of Buying the Report:
The report will help leaders/new entrants in the waterborne polyurethanes market by providing them with the closest approximations of revenues for the overall market and its various sub-segments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholders understand the pulse of the market and help acquire information on key market drivers, restraints, challenges, and opportunities affecting the growth of the waterborne polyurethanes market.
Table of Contents
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Years Considered for the Study
1.5 Package Size
2.1.1 Secondary Data
22.214.171.124 Key Data from Secondary Sources
2.1.2 Primary Data
126.96.36.199 Key Data from Primary Sources
188.8.131.52 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
5.2 Market Segmentation
5.3 Market Dynamics
6.2 Value Chain Analysis
6.3 Porter’S Five Forces Analysis
6.3.1 Threat of Substitutes
6.3.2 Bargaining Power of Buyers
6.3.3 Threat of New Entrants
6.3.4 Bargaining Power of Suppliers
6.3.5 Intensity of Competitive Rivalry
6.4 Patent Analysis
6.5 Export/ Import Scenario
6.5.1 Top 5 Importing Countries
6.5.2 Top 5 Exporter Countries
6.6 Pricing Analysis
6.7 Impact of COVID-19
7.2 Anionic Pud
7.3 Cationic Pud
7.4 Non-Ionic Pud
7.5 One-Component Pu
7.6 Two-Component Pu
7.7 Urethane Modified
9.2 Building and Construction
9.2.1 Waterproofing Membrane
9.2.2 Waterproofing Coating
9.5 Industrial Goods
10.2.4 South Korea
10.3 North America
10.5 Middle-East & Africa
10.5.1 Saudi Arabia
10.6 South America
11.2 Competitive Landscape Mapping (Dive)
11.3 Competitive Benchmarking
11.4 Competitive Share Domestic Vs. Imported
11.5 Market Ranking of Key Players
11.6 Competitive Situation and Trends
12.1 The Dow Chemical Company
12.2 Bayer Materials Science LLC
12.3 Axalta Coating Systems LLC
12.4 Henkel AG & Company
12.5 Ppg Indsutries Inc.
12.6 Basf S.E.
12.7 H.B. Fuller
12.8 Rpm International Inc.
12.9 The 3M Company
12.10 The Sherwin-Williams
12.11 Kaiyue Technologies
12.12 Wanhua Chemical Group
12.13 Anhui Sinograce Chemicals Co. Ltd.
12.14 Xuchuan Chemicals
12.16 Welson Industrial Company
12.17 Huisins New Material Technology Co. Ltd
12.18 Xiamen Wangquin Chemical Technology Co. Ltd
12.19 Heben Polyester Chemicals Co. Ltd
12.20 Guangdong Orient Yige New Materials Co. Ltd
12.21 Shandong Rusian Chemical Technology Co. Ltd
- Anhui Sinograce Chemicals Co. Ltd.
- Axalta Coating Systems LLC
- Basf S.E.
- Bayer Materials Science LLC
- Guangdong Orient Yige New Materials Co. Ltd
- H.B. Fuller
- Heben Polyester Chemicals Co. Ltd
- Henkel AG & Company
- Huisins New Material Technology Co. Ltd
- Kaiyue Technologies
- Ppg Indsutries Inc.
- RPM International Inc.
- Shandong Rusian Chemical Technology Co. Ltd
- The 3M Company
- The Dow Chemical Company
- The Sherwin-Williams
- Wanhua Chemical Group
- Welson Industrial Company
- Xiamen Wangquin Chemical Technology Co. Ltd
- Xuchuan Chemicals