DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/glc4vc/polyurethane) has announced the addition of the "Polyurethane Dispersion Market - Trends & Forecasts to 2020" report to their offering.
The market size for polyurethane dispersion is projected to reach USD 2.04 billion by 2020, registering a CAGR of 6.8% between 2015 and 2020.
Increasing demand from the leather & textile industry is the major driver for polyurethane dispersions market. The global textile and leather industry is expected to rise with the growing demand from various end-use industries. With some major economies, such as India, China, Germany, Italy, and France, the market is expected to boost further.
The leather industry is another major segment boosting the growth of polyurethane dispersion, globally. Further, the production of synthetic leather, incorporating polyurethane dispersion is hugely driving the demand for polyurethane dispersion at present.
The global automotive industry is witnessing strong growth and profitability. Asia-Pacific is the growing market for the automotive industry. Japan and China are the major exporters of automobile products in Asia-Pacific. In addition, the expanding automobile industry in the developing economies of the Central and South American region contributes hugely to the polyurethane dispersions market.
Asia-Pacific, the largest and fastest-growing market for polyurethane dispersion
Asia-Pacific is the largest market for polyurethane dispersion globally, with China being the most dominant market. This region is witnessing the highest growth rate which is attributed to the rapid economic expansion currently undergoing in the region. The demand of polyurethane dispersions is highly dependent on the economic growth of a region. Further, rapid development in Asia-Pacific is vigorously driving the demand for polyurethane dispersions for coatings, leather production, adhesives, and other applications.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Polyurethane Dispersions Market, By Type
8 Polyurethane Dispersions Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
- Alberdingk Boley GMBH
- Basf SE
- Chase Corporation
- Chemtura Corporation
- Coim S.P.A.
- Covestro AG
- Cytec Industries Inc.
- Icap-Sira Chemicals And Polymers S.P.A.
- Lamberti S.P.A.
- Lubrizol Corporation
- Mitsui Chemicals Inc.
The Dow Chemical Company
For more information visit http://www.researchandmarkets.com/research/glc4vc/polyurethane