Water-based Polyurethane dispersions (PUDs) are a swiftly growing division of the polyurethane coating industry due to environmental regulations such as the clean air act and also due to technological advances that has made them an effective substitute for the solvent-based analogs. Due to lower quantity of Volatile Organic Compounds (VOPs) and Hazardous Air Pollutants (HAPs), PUDs are used in many industrial and commercial applications. PUDs are primarily used in wood coatings, textile and fabric coatings, leather coatings, glass fibre sizing, and automotive interior coatings.
According to NIIR PROJECT CONSULTANCY SERVICES (NPCS), the market has been growing at about 15% per year in both value and volume terms and that a rate of 12-15% should be maintainable for the foreseeable future.
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Cumulative Alertness About the Harmful Effects of Chemical Emissions from Solvents: -
Countless industries such as building & construction, locomotive & transportation, bedding & furniture and electronics use waterborne polyurethanes in the form of coatings, adhesives, sealants, and elastomers. The demand for waterborne polyurethanes is rising in these industries due to the increasing awareness of the harmful effects of chemical emissions from solvent-based polyurethanes.
The increasing awareness about the negative effects of these emissions has driven a need for products that are non-toxic and environment-friendly such as waterborne polyurethanes.
Related Books: - The Complete Book on Resins (Alkyd, Amino, Phenolic, Polyurethane, Epoxy, Silicone, Acrylic), Paints, Varnishes, Pigments & Additives (Surface Coating Products with Formulae)(3rd Revised Edition)
Applications of Water-Based Polyurethane Dispersions: -
ü Hygiene Coatings: -Polyurethane dispersions are used as the chief or assisting binders in hygiene coatings, where the varnishes main requirements are toughness and reasonable gloss, single-pack, water based and low odour, quick drying, easy clean ability and firm property developments are some of the more important properties.
ü Thermal Reflective Coatings: -Thermal Reflective Insulating Coatings, is another competitor in the construction exterior coatings arcade. These efficient polyurethane coatings are especially framed to reflect, refract and dissipate the radiant heat of the Sun.
ü Sealers for Concrete: -Sealers for concrete waterborne polyurethane dispersion grounded concrete sealers can be designed to enter deeply into the pores of masonry exteriors to "Seal" the concrete, from entrance of sulphates & chlorides and thus provide corrosion protection to the steel reinforcements.
Asia-Pacific Arcade: -
Asia Pacific market is expected to develop to a significant degree in the polyurethane dispersion market due to rising automotive industry in developing countries such as India, China and Indonesia. Furthermore, low labour cost and industrial cost in addition to various government favouring strategies in the region will reassure the advancement of the end-use sectors. For example, “Make in India” is an Indian government initiative to encourage the industrial sector and attract FDI in the country. This will enhance the product demand in the area over the approaching years. Some of the major aspects driving the growth of polyurethane dispersions market are surge in demand and production of locomotive, escalating construction industry after subprime and Euro-debt crises, high projections from textile and leather industry and mounting range of applications.
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Global Trends: -
The international waterborne polyurethanes market size is assessed at USD 1.7 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 5.2%. The budding demand for waterborne polyurethanes is due to the emergent demands for innovative, environment welcoming, and cost-effective goods and the growing construction industry in the emerging countries.
Worldwide polyurethane dispersion market size exceeded 290 kilo tons in 2014. Affordability of these nifty resources and the luxury they provide have made polyurethane components part of building & construction industry, globally popular. In addition, the growing domestic construction activities in emerging economies such as India, China, Indonesia, Vietnam, Chile, and others are further motivating consumption in this industry. The key players profiled include Covestro, DSM, Chemtura, H.B. Fuller and Kamsons Chemical Pvt. Ltd.
Conclusion: -
Niir Project Consultancy Services (NPCS), provides various project reports on different segments. Not only the present market scenarios but also future market overawe is also shared in the report. For the further requirement of business investment in projects like these, kindly contact Niir Project Consultancy Services (NPCS).
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For More Details: - Polyurethane Projects
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