Polyurethane Dispersions: Applications, Revolutionizing Coatings, and Paving the Way for Greener Adhesives
Kamlesh Desai
Sr. Chemical & Materials R&D Specialist || Solutions, Sales, Process, Industry and Operations Expert, Innovation||
Polyurethane dispersions (PUDs) are a type of water-based polyurethane resin that is used in various applications, primarily in coatings, adhesives, and sealants. They are a versatile class of materials that offer several advantages compared to traditional solvent-based polyurethane systems.?
The global polyurethane dispersions (PUDs) market size is projected to reach USD 2.7 billion by 2025, at a CAGR of 7.1% during the forecast period.
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Here are some key features and applications of polyurethane dispersions:
"Based on type, solvent-free PUD is estimated to lead the overall PUDs market"
Solvent-free is the most widely used form of PUDs in end-use industries, such as construction, automotive, aerospace and textile. They are formed when a polyurethane pre-polymer containing isocyanate functional group is dispersed into the water either directly or by means of the phase-inversion emulsification process. Solvent-free PUDs dry fast, have a good lifespan, and are more stable under UV rays. This makes them more suitable for external applications like paints & coatings, textile finishing, adhesive, glass fiber sizing, leather finishing, and others.
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"Based on application, paints & coatings is estimated to be the largest market"
PUDs are widely used in paints & coatings in various industries, such as construction, automotive, aerospace, electronics, leather, textile, and wood. These dispersions possess excellent resistance to chemicals, solvents, and water. Paints & coatings are used for extending the lifespan of the surface they are applied to. PUDs’ high resistance to corrosion, abrasion, and excellent mechanical properties are increasing their popularity for use in paints & coatings in the industrial and architectural sectors. The use of PUDs for coatings has drastically reduced the emission of volatile organic contents (VOCs) and unreacted toxic monomers.
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Based on region, APAC is projected to grow the fastest during the forecast period.
APAC is projected to be the fastest-growing market for PUDs. The rising population, increased demand for construction activities, rapid industrialization, and increased urbanization are driving the APAC PUDs market. India is the fastest-growing market for PUDs, in terms of value, in the region. The rise in the standard of living is influencing various lifestyle improvements, which are driving residential and commercial construction and other industrial activities in the country. Apart from China, Japan, Indonesia and Thailand are projected to grow at a decent rate during the forecast period. In addition, widespread use of PUDs in paints & coatings and adhesive & sealants, growing demand from the automotive and furniture industries, and the growing importance of PUDs in textile and synthetic leather production are expected to drive the market during the forecast period.
The key players in the PUDs market include 科思创 AG (Germany), 帝斯曼公司 (Netherlands), 巴斯夫 (Germany), 万华化学 (China), 朗盛 (Germany), SHS - Stahl-Holding-Saar GmbH & Co. KGaA (Netherlands), Perstorp Group (Netherlands), 陶氏化学 Chemical Company (US), 亨斯迈集团 (US), Mitsui Chemicals Group (Japan) and others.