聚氨酯分散体市场报告：2031 年趋势、预测与竞争分析

全球聚氨酯分散体市场未来前景光明，在油漆和涂料、黏合剂和密封剂、皮革整理和纺织品整理市场都存在大量机会。预计到 2031 年全球聚氨酯分散体市场规模将达到 40 亿美元，2025 年至 2031 年的复合年增长率为 7.3%。市场的主要驱动力是对永续和环保产品的需求不断增加、家具和室内设计领域的需求不断增加以及对高性能被覆剂、黏合剂和密封剂的需求不断增加。

• Lucintel 预测，由于环境法规的加强和人们对无溶剂聚氨酯分散体优势的认识不断提高，在预测期内，无溶剂聚氨酯分散体将在此类产品中实现高速增长。
• 在最终用途类别中，预计油漆和涂料仍将占据最大的份额，这是由于各种油漆和涂料市场（包括汽车、建筑和工业油漆和涂料）的需求不断增加。
• 由于工业活动活性化、私人消费和基础设施支出增加以及中国和印度等国家经济强劲成长，预计亚太地区将在预测期内实现最高成长。

聚氨酯分散体市场的策略性成长机会

在技​​术进步和消费者偏好变化的推动下，聚氨酯分散体市场为各种应用提供了强劲的策略成长机会。这些机会使企业能够透过有效的策略取得最佳结果。

• 汽车涂料随着汽车业寻求更轻、更环保的材料，水性聚氨酯分散体提供了巨大的机会。该产品线的增强使其成为首选，因为它提高了车辆性能，同时满足了监管要求。
• 建筑和基础设施：世界基础设施发展需要更强大、性能更高的被覆剂和密封剂。聚氨酯分散体可为此类应用提供耐候、耐用的解决方案。
• 纺织应用：纺织业在被覆剂、整理加工剂和黏合剂中越来越多地使用聚氨酯分散体。这项发展满足了对提高纺织品性能和寿命的多功能、环保解决方案的需求。
• 消费品：消费者对更环保解决方案的需求正在推动消费品的应用，尤其是用于家具和家居装饰的低VOC、耐用解决方案。
• 黏合剂和密封剂：黏合剂市场正在转向环保配方。聚氨酯分散体具有优异的黏合性能和柔韧性，适用于从包装到建筑等所有行业的广泛黏合应用。

鑑于这些成长前景，聚氨酯分散体市场被定位为一个有希望的未来市场，企业需要扩大其创新产品阵容。

聚氨酯分散体市场驱动因素与挑战

聚氨酯分散体市场受到技术、经济和监管措施发展带来的一系列驱动因素和挑战的影响。了解这些动态对于在竞争环境中进行营运至关重要。

推动聚氨酯分散体市场发展的因素有：

• 对环保产品的需求不断增加：消费者意识和对 VOC排放的严格规定正在推动对低 VOC 和水性聚氨酯分散体的需求。这符合全球永续性目标，且该产业对创新有着强烈的需求。
• 技术开发：配方化学的持续研究和开发可带来性能更佳的产品。製造流程的改进也提高了产品的效率和品质。
• 扩大最终使用领域：聚氨酯分散体的需求主要受到汽车、建筑和纺织业的不断扩大的推动，随着行业的扩张，这些行业对高性能和耐用被覆剂和黏合剂的需求不断增加。
• 符合法规：随着许多国家的环境法规愈发严格，环保材料的使用日益增加。製造商正在开发符合法规要求的产品，进一步推动市场成长。
• 新兴市场：亚太地区新兴经济体正快速实现工业化。因此，对聚氨酯分散体的需求正在增加。为满足各产业的需求，本地厂商已开始大规模生产。

聚氨酯分散体市场面临的挑战包括：

• 原物料价格波动：原物料投入价格的波动会影响我们的聚氨酯分散体的成本，从而限制我们的生产并影响盈利。因此很难保持竞争力。
• 竞争替代品：丙烯酸和传统溶剂型产品等替代材料构成了竞争威胁，因为它们可以提供更好的成本效益和类似的性能等级。
• 技术壁垒：先进配方的开发具有挑战性且成本高。因此，在如此快速变化的市场中，小製造商很难竞争。

这些市场驱动因素和挑战的相互作用对聚氨酯分散体市场产生了重大影响。这种互动透过各种轨迹推动成长，并影响市场参与者的策略决策。

目录

第一章执行摘要

2. 全球聚氨酯分散体市场：市场动态

• 简介、背景和分类
• 供应链
• 产业驱动因素与挑战

第 3 章 2019 年至 2031 年的市场趋势与预测分析

• 宏观经济趋势（2019-2024）与预测（2025-2031）
• 全球聚氨酯分散体市场趋势（2019-2024 年）及预测（2025-2031 年）
• 全球聚氨酯分散体市场（按类型）
  • 无溶剂
  • 低溶剂
• 全球聚氨酯分散体市场（依最终用途划分）
  • 油漆和涂料
  • 黏合剂和密封剂
  • 皮革涂饰
  • 纺织品整理
  • 其他的

第 4 章 2019 年至 2031 年各地区的市场趋势与预测分析

• 全球聚氨酯分散体市场（按地区）
• 北美聚氨酯分散体市场
• 欧洲聚氨酯分散体市场
• 亚太地区聚氨酯分散体市场
• 世界其他地区的聚氨酯分散体市场

第五章 竞争分析

• 产品系列分析
• 营运整合
• 波特五力分析

第六章 成长机会与策略分析

• 成长机会分析
  • 全球聚氨酯分散体市场的成长机会（按类型划分）
  • 全球聚氨酯分散体市场成长机会（依最终用途划分）
  • 全球聚氨酯分散体市场成长机会（按地区划分）
• 全球聚氨酯分散体市场的新趋势
• 战略分析
  • 新产品开发
  • 全球聚氨酯分散体市场产能扩张
  • 全球聚氨酯分散体市场的合併、收购与合资企业
  • 认证和许可

第七章主要企业简介

• BASF
• Wanhua Chemical
• Mitsui Chemical
• Huntsman
• Lanxess
• Covestro
• DSM
• SABIC
• Solvay
• Momentive

The future of the global polyurethane dispersion market looks promising with opportunities in the paint & coating, adhesive & sealant, leather finishing, and textile finishing markets. The global polyurethane dispersion market is expected to reach an estimated $4 billion by 2031 with a CAGR of 7.3% from 2025 to 2031. The major drivers for this market are the increasing demand for sustainable and environmentally friendly products, growing demand from the furniture and interior design sectors, and rising demand for high-performance coatings, adhesives, and sealants.

• Lucintel forecasts that, within the type category, solvent-free is expected to witness higher growth over the forecast period due to increasing environmental regulations and the growing awareness of the benefits of solvent-free PUDs.
• Within the end-use category, paints and coatings will remain the largest segment due to the rising demand from various paint and coatings markets, including automotive, construction, and industrial paint and coatings.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to growing industrial activities, rising consumer and infrastructure spending, and strong economic growth in countries like China and India.

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Emerging Trends in the Polyurethane Dispersion Market

The polyurethane dispersion market is witnessing catalytic changes driven by shifts in technology, the environment, and consumer lifestyles. These trends are fundamentally changing the development and application scenarios of products across various industries.

• Sustainable Product Development: Growing consumer demand and regulatory requirements for low VOC and eco-friendly products are promoting the manufacturing of sustainable polyurethane dispersions. Manufacturers still prefer low-VOC and biodegradable formulations of their polyurethane products that do not compromise performance.
• Formulation Chemistry Innovation: Innovations in formulation chemistry are driving the development of enhanced polyurethane dispersions with properties such as improved adhesion, flexibility, and weatherability. This is opening up new applications across various industries.
• Waterborne Coatings Growth: The shift from solvent-based coatings to waterborne coatings is a significant trend, underpinned by both regulatory and consumer imperatives. For example, many major industrial applications, such as automotive and industrial coatings, now use polyurethane dispersions based on water solutions.
• Integration of Smart Technologies: Research into integrating smart technologies, such as sensors and nanomaterials, into polyurethane dispersions is gaining momentum. These technological advancements are helping with real-time performance monitoring of materials, particularly in high-tech applications.
• Market Growth in Emerging Economies: In emerging economies, especially in the Asia-Pacific region, industrialization is driving the demand for polyurethane dispersions. Local manufacturers are expanding their production capacities to meet the growing demand for their products in the automotive, construction, and textile industries.

These trends are significantly transforming the polyurethane dispersion market, fostering innovation, and creating new growth opportunities for manufacturers.

Recent Developments in the Polyurethane Dispersion Market

The polyurethane dispersion market has observed significant developments, indicating how the industry will respond to technological advancements and welcome more sustainable demand. Key developments have the potential to influence shifting dynamics within the market and enhance the value of offerings.

• Enhanced Water-Borne Formulations: This innovation led to the development of waterborne polyurethane dispersions with the highest performance in adhesion and durability. These formulations have already gained traction in the automotive and furniture industries, closely following trends toward more eco-friendly solutions.
• Sustainable Sourcing of Raw Materials: More companies are showing increased interest in using sustainable raw materials to source polyurethane dispersions. Bio-based polyols are examples that help reduce dependence on fossil fuels and further satisfy consumer demand for greener products.
• Technological Developments in Manufacturing: Advanced manufacturing technologies are improving productivity and scalability in the production of polyurethane dispersions through automated production lines and continuous processes. These technologies are key to meeting growing demand while ensuring product quality.
• Regulatory Compliance Innovations: Manufacturers are formulating materials to comply with strict VOC requirements set by regulatory authorities. This not only helps in entering the market but also places companies at a premium for their exemplary approach to sustainability.
• Emerging Applications in Electronics: An interesting development underway is the investigation of polyurethane dispersions for electronic applications. Innovations in this field are producing insulating materials with superior electrical insulation properties, opening up new market segments and opportunities.

These developments are significantly impacting the polyurethane dispersion market, driving growth and competition positioning among manufacturers.

Strategic Growth Opportunities for Polyurethane Dispersion Market

The polyurethane dispersion market holds strong opportunities for strategic growth across a range of applications, driven by technological progress and changing consumer preferences. These opportunities enable companies to achieve the best possible results through effective strategies.

• Automotive Coatings: Waterborne polyurethane dispersions present significant opportunities, as the automotive industry increasingly seeks lighter, more environmentally friendly materials. Enhancements in this product line improve vehicle performance while meeting regulatory requirements, making them preferred options.
• Construction and Infrastructure: Global infrastructure development will require stronger, high-performance coatings and sealants. Polyurethane dispersions can provide weather-resistant and long-lasting solutions for these applications.
• Textile Applications: In the textile industry, polyurethane dispersions are increasingly used for coatings, finishes, and adhesives. This development responds to the demand for multifunctional, eco-friendly solutions that improve fabric performance and longevity.
• Consumer Goods: The demand for greener solutions from consumers will drive applications in consumer goods, particularly low-VOC, durable solutions for furniture and home decoration.
• Adhesives and Sealants: The adhesives market is shifting toward environmentally friendly formulations. Polyurethane dispersions have excellent adhesive properties and flexibility, making them suitable for a wide range of bonding applications across industries, from packaging to construction.

These growth prospects position the polyurethane dispersion market for a promising future, where companies must innovate and expand their product offerings.

Polyurethane Dispersion Market Driver and Challenges

The polyurethane dispersion market is influenced by a bundle of drivers and challenges driven by the development of technologies, economies, and regulatory instruments. Understanding these dynamics is important to operate in a competitive landscape.

The factors responsible for driving the polyurethane dispersion market include:

• Growing Demand for Eco-Friendly Products: Consumer awareness and stringent regulations regarding VOC emissions drive the demand for low-VOC and waterborne polyurethane dispersions. This is in line with global sustainability goals, as industries are strongly motivated to innovate.
• Technological Developments: Ongoing R&D in formulation chemistry leads to better-performing products. Improvements in manufacturing processes also result in better efficiency and quality of the products.
• Expanding End-Use Sectors: The driving demand for polyurethane dispersions is occurring mostly among expanding sectors such as automotive, construction, and textiles, where high-performance, durable coatings and adhesives are continually in demand with the expansion of the industries.
• Compliance with Regulations: Environmental regulations are stringent in many countries, which has led to the increased use of eco-friendly materials. Manufacturers are formulating compliant products, further boosting market growth.
• Emerging Markets: The Asia Pacific region has seen rapid industrialization in emerging economies. Consequently, the demand for polyurethane dispersions has increased. Local manufacturers have begun production in high quantities to meet the demands of various industries.

Challenges in the polyurethane dispersion market include:

• Raw Material Price Volatility: Fluctuations in the price of raw material inputs contribute to the cost of polyurethane dispersions, limiting production and affecting profitability. This makes it hard to remain competitive.
• Alternative Competition: Alternative materials such as acrylics and conventional solvent-based products pose competitive threats, as they can offer better cost efficiency or similar performance levels.
• Technological Barriers: Advanced formulations present challenges and high development costs. Therefore, it is not easy for small manufacturers to compete in such a fast-evolving market.

The interplay between these drivers and challenges has a significant impact on the polyurethane dispersion market. This interaction drives growth through various trajectories and informs strategic decisions for market players.

List of Polyurethane Dispersion Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies polyurethane dispersion companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyurethane dispersion companies profiled in this report include-

• BASF
• Wanhua Chemical
• Mitsui Chemical
• Huntsman
• Lanxess
• Covestro
• DSM
• SABIC
• Solvay
• Momentive

Polyurethane Dispersion by Segment

The study includes a forecast for the global polyurethane dispersion market by type, end use, and region.

Polyurethane Dispersion Market by Type [Analysis by Value from 2019 to 2031]:

• Solvent-Free
• Low-Solvent

Polyurethane Dispersion Market by End Use [Analysis by Value from 2019 to 2031]:

• Paints & Coatings
• Adhesives & Sealants
• Leather Finishing
• Textile Finishing
• Others

Polyurethane Dispersion Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Polyurethane Dispersion Market

Technology advances and the increasing demand for eco-friendly products have further spurred the growth of developments in the polyurethane dispersion market. Some of the key regions include the United States, China, Germany, India, and Japan. Additionally, new developments in the market are followed by innovative processes that improve performance and applications for polyurethane dispersions. With changes in the coatings and adhesives market integration, the US market is beginning to take shape in a more high-performance, low-VOC competitive landscape.

• U.S.: The United States market is growing for waterborne coatings in automotive and furniture applications of polyurethane dispersion. Manufacturers are making heavy investments in R&D efforts to drive the development of low-VOC dispersions that comply with increasingly tightening environmental regulations. The latest co-development by chemical companies with technology firms has resulted in new innovative formulations that enhance both durability and aesthetic properties. In addition, increased consumer awareness of sustainability is compelling brands to use greener products, further propelling growth in the market.
• China: The construction and automotive sectors are booming in China, which is driving significant growth in the polyurethane dispersion market. Recent government policies to promote eco-friendly materials have further focused attention on waterborne polyurethane dispersions. The production equipment of local producers has been improved, and various formulations have been developed to meet the specific needs of different industries. Better formulation chemistry leads to better adhesion and weatherability of the product, keeping it competitive in international markets.
• Germany: Germany applies its technological expertise to foster the polyurethane dispersion market, particularly in the automotive and industrial coatings industries. New developments include high-performance waterborne dispersions that offer superior chemical and mechanical resistance or flexibility. Furthermore, German producers are becoming more conscious of environmentally friendly raw materials and recycling. Germany's commitment to EU regulations, which emphasize environmental responsibility, makes German products, particularly in demand on the global scene.
• India: The market for polyurethane dispersion in India is on a growth path, with recent demand coming from the automotive and textiles industries. Local manufacturers are becoming more environmentally friendly and are investing in waterborne dispersions ready for export. Government infrastructure projects are also driving demand for coatings with durability requirements. However, fluctuations in the cost of raw materials continue to impede the market, pushing it to seek innovative solutions.
• Japan: Japan is a leader in innovation within the polyurethane dispersion market, with high-performance applications in the electronics and automotive sectors. Recently launched products include specialty dispersions offering unique properties, such as low-temperature flexibility and UV resistance. Japanese manufacturers continue to invest in automation and more sophisticated production techniques for efficiency and to reduce environmental impact.

Features of the Global Polyurethane Dispersion Market

Market Size Estimates: Polyurethane dispersion market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Polyurethane dispersion market size by type, end use, and region in terms of value ($B).

Regional Analysis: Polyurethane dispersion market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the polyurethane dispersion market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyurethane dispersion market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the polyurethane dispersion market by type (solvent-free and low-solvent), end use (paints & coatings, adhesives & sealants, leather finishing, textile finishing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Polyurethane Dispersion Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Polyurethane Dispersion Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Polyurethane Dispersion Market by Type
  • 3.3.1: Solvent-Free
  • 3.3.2: Low-Solvent
• 3.4: Global Polyurethane Dispersion Market by End Use
  • 3.4.1: Paints & Coatings
  • 3.4.2: Adhesives & Sealants
  • 3.4.3: Leather Finishing
  • 3.4.4: Textile Finishing
  • 3.4.5: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Polyurethane Dispersion Market by Region
• 4.2: North American Polyurethane Dispersion Market
  • 4.2.1: North American Polyurethane Dispersion Market by Type: Solvent-Free and Low-Solvent
  • 4.2.2: North American Polyurethane Dispersion Market by End Use: Paints & Coatings, Adhesives & Sealants, Leather Finishing, Textile Finishing, and Others
• 4.3: European Polyurethane Dispersion Market
  • 4.3.1: European Polyurethane Dispersion Market by Type: Solvent-Free and Low-Solvent
  • 4.3.2: European Polyurethane Dispersion Market by End Use: Paints & Coatings, Adhesives & Sealants, Leather Finishing, Textile Finishing, and Others
• 4.4: APAC Polyurethane Dispersion Market
  • 4.4.1: APAC Polyurethane Dispersion Market by Type: Solvent-Free and Low-Solvent
  • 4.4.2: APAC Polyurethane Dispersion Market by End Use: Paints & Coatings, Adhesives & Sealants, Leather Finishing, Textile Finishing, and Others
• 4.5: ROW Polyurethane Dispersion Market
  • 4.5.1: ROW Polyurethane Dispersion Market by Type: Solvent-Free and Low-Solvent
  • 4.5.2: ROW Polyurethane Dispersion Market by End Use: Paints & Coatings, Adhesives & Sealants, Leather Finishing, Textile Finishing, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Polyurethane Dispersion Market by Type
  • 6.1.2: Growth Opportunities for the Global Polyurethane Dispersion Market by End Use
  • 6.1.3: Growth Opportunities for the Global Polyurethane Dispersion Market by Region
• 6.2: Emerging Trends in the Global Polyurethane Dispersion Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Polyurethane Dispersion Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Polyurethane Dispersion Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: BASF
• 7.2: Wanhua Chemical
• 7.3: Mitsui Chemical
• 7.4: Huntsman
• 7.5: Lanxess
• 7.6: Covestro
• 7.7: DSM
• 7.8: SABIC
• 7.9: Solvay
• 7.10: Momentive