World Waterborne Polyurethane Market by Application, by Region - Trends & Forecast to 2019 for the $10 Billion Industry

News provided by

Jul 02, 2015, 09:43 ET

DUBLIN, June 25, 2015 /PRNewswire/ --

Research and Markets(http://www.researchandmarkets.com/research/fkxbpt/waterborne) has announced the addition of the "Waterborne Polyurethane Market by Application, by Region- Trends & Forecast to 2019" report to their offering.

The Waterborne Polyurethane Market is projected to grow from more than $6.5 Billion in 2014 to approximately $10.0 Billion by 2019, at a CAGR of 9.0% between 2014 and 2019.

WPU is growing to play an important role in various end-use industries, especially in the building & construction industry. In many end-use industries, there is a growing demand for products with low VOC and HAPs content. The solvent-based polyurethane products emit high level of VOC and HAPs into the atmosphere, leading to increased health and environmental issues. But the products based on WPU release low or even no such particulates into the atmosphere. Hence, WPU has been extensively used to replace solvent-based products in many applications. The replacement of solvent-based polyurethane with WPU is a major driver of the waterborne polyurethane market.

Also, the implementation of stringent environmental regulations regarding air quality is also influencing the demand of WPU positively. Implementation of regulations which limit the emission level of VOC and HAPs into the atmosphere has increased the consumption of WPU, as WPU-based products comply with such regulations, thus resulting in increased demand for WPU-based products. The demand for Waterborne Polyurethane is also high due to their versatile properties which make them suitable for various applications.

Europe and Asia-Pacific are the top-two consumers of Waterborne Polyurethane, globally. The U.S. and China are the key countries in North America and Asia-Pacific, respectively growing at CAGRs of 7.0% and 10.9% between 2014 and 2019. The developing countries such as India and Brazil are also growing at a rapid pace due to the rising domestic demand and increasing population, which leads to increased consumption of various WPU products.

The key participants in the global market include The Dow Chemical Company (U.S.), Bayer MaterialScience LLC (Germany), Axalta Coating Systems (U.S.), Henkel AG & Company (Germany), and PPG Industries Inc. (U.S.).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 WPU Market, By Application

8 WPU Market, By Region

9 Competitive Landscape

10 Company Profiles