HOME › Press Releases › Waterborne Polyurethane Market worth $10.0 Billion by 2019
Waterborne Polyurethane Market worth $10.0 Billion by 2019
According to a new market research report "Waterborne Polyurethane Market by Application (Coating, Sealant, Adhesive, and Elastomer), by Region (Europe, Asia-Pacific, North America, and RoW) - Trends & Forecast to 2019" the waterborne polyurethane (WPU) 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. It also explains the driving and restraining factors of the global WPU market with an analysis of trends, opportunities, and challenges.
Browse 64 market data tables and 53 figures spread through 124 pages and in-depth TOC on “Waterborne Polyurethane Market by Application (Coating, Sealant, Adhesive, and Elastomer), by Region (Europe, Asia-Pacific, North America, and RoW) - Trends & Forecast to 2019"
Early buyers will receive 10% customization on reports.
The WPU market is segmented by application and region. The market size of each region such as Europe, Asia-Pacific, North America, and Rest of the World (RoW) is projected in the report. The key countries such as U.S., China, Germany and Japan are covered and their market size is forecasted along with their growth rates.
Coating: Largest Segment, By Application
Coating is estimated to be the largest segment, both in terms of value as well as volume, in 2014 with a share of more than 30.0% in the total WPU market. Coating is also projected to be the largest segment throughout the projection year till 2019. The growth in coating application is expected to be driven by the increased use of WPU-based coating in end-use industries such as automotive and building & construction.
Europe: Largest Consumer
Europe is the largest consumer of WPU globally, accounting for more than 35.0% share in the global waterborne polyurethane market in 2014 and is projected to grow at a CAGR well above the global average.
The WPU market is segmented into four major application segments; they are coating, sealant, adhesive, and elastomer. The demand for WPU in sealant application is expected to be the fastest among all the applications; Europe is estimated to be the largest region for sealant application segment in 2014.
Leading companies such as Bayer MaterialScience LLC (Germany), Axalta Coating Systems (U.S.), BASF S.E. (Germany), the 3M Company (U.S.) and PPG Industries Inc. (U.S.) are focusing on the development of new WPU products through research and innovation, to expand their customer base and application areas.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252