Waterborne Polyurethanes Market By Type (Anionic PUDs, Cationic PUDs, Non-Ionic PUDs, Component Polyurethane, Two-component Polyurethane, and Urethane-modified), By Application (Coatings, Adhesives, Sealants, Elastomers, and Others), By End-Use Industry (Building & Construction, Automotive & Transportation, Bedding & Furniture, Electronics, and Others) - Market Trends, Analysis, and Forecast till 2034

Waterborne polyurethanes are often formulated into coatings and adhesives, containing little or no co-solvent, that form films at ambient temperature. They exhibit excellent adhesion to several surfaces including glass and polymeric fibers. These environment-friendly polymers are non-toxic, non-flammable, and that they don't pollute the air or produce wastewater. Generally, the polyurethanes are hydrophobic in nature and insoluble in water.

Waterborne polyurethane coatings are most ordinarily used for wood floorings and panels, leather surfaces, plastics, vinyl coatings, film coatings, and textile coatings. Other applications within the global waterborne polyurethane market are derived from graphic arts, including inks, paper coatings, and overprint varnishes. Additionally, the utilization of waterborne polyurethane has also been favored within the coating of soccer balls, ropes and threads, gloves, glass fibers, and also as fabric binders.

Increasing adoption of waterborne coatings

Increasing adoption of waterborne coatings over solvent-borne coatings. Waterborne coatings are eco-friendly that use water as a solvent and can be applied easily, and are applicable in appliances, automotive, architectural, marine, packaging, wood, general industrial, and others.

Factors likely to boost the demand for waterborne coatings include stringent environmental regulations along with increasing adoption for low VOC, eco-friendly, and non-hazardous coatings from the end-user industry.

Increasing awareness about the harmful effects of chemical emissions from solvents

Various industries like building & construction, automotive & transportation, bedding & furniture, and electronics use waterborne polyurethanes within the sort of coatings, adhesives, sealants, and elastomers. The demand for waterborne polyurethanes is growing in these industries due to the increasing awareness of the harmful effects of chemical emissions from solvent-based polyurethanes. Solvent-based polyurethanes emit VOCs and HAPs into the environment. These VOCs and HAPs harm humans and their environments.

These emissions can affect the respiratory system and be dangerous for asthma sufferers, children, and therefore the elderly. Breathing VOCs can irritate the eyes, nose and throat, can cause difficulty breathing and nausea, and may damage the central nervous system also as other organs. Some VOCs also can cause cancer. The increasing awareness about the negative effects of those emissions has driven a requirement for products that are non-toxic and environment-friendly like waterborne polyurethanes. However, the fluctuations in crude oil as well as raw material prices might be hamper the targeted market.

Waterborne polyurethanes market is segmented based on type, application, end-use industry, and region.

On the basis of type, the global waterborne polyurethanes market is segmented into anionic puds, cationic puds, non-ionic puds, component polyurethane, two-component polyurethane, and urethane-modified. Based on appliaction, the target market is segmented into coatings, adhesives, sealants, elastomers, and others. On the basis of end-use industry, the target market is segmented into building & construction, automotive & transportation, bedding & furniture, electronics, and others.

Regional Insights:

On region the global waterborne polyurethanes market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific has thus far been an exceptionally promising region for the inclusion of players from the worldwide waterborne polyurethane market. China, India, Malaysia, and Indonesia are leaning heavily towards the incorporation of waterborne polyurethane into more commercial aspects, thereby providing an optimistic scope of growth for both global and regional players present within the Asia Pacific. This region is currently one among the epicenters for industrial expansion and infrastructure development, and is, therefore, a major location for the manifold adoption rate of waterborne polyurethane.

Waterborne Polyurethanes Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global waterborne polyurethanes market report based on product type, application, end-use industry, and region.

Waterborne Polyurethanes Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the waterborne polyurethanes market includes Covestro, DSM, R STAHL, BASF, H.B. Fuller, Dow Inc., Wanhua Chemical, SNP Inc., KAMSONS Chemical Pvt. Ltd., Berger Paints, Axalta Coating Systems, PPG Industries, and Akzo Nobel N.V. For instance, In JAN 2020, BASF invests in the expansion of polyurethane dispersion business in Europe. This expansion will allow BASF to increase its production capacity by 30 percent.

• BASF
• Covestro
• DSM
• R STAHL
• H.B. Fuller
• Dow Inc.
• Wanhua Chemical
• SNP Inc.
• KAMSONS Chemical Pvt. Ltd.
• Berger Paints
• Axalta Coating Systems
• PPG Industries
• Akzo Nobel N.V.