Japan Aqueous Polyurethane Dispersion (PUD) Industry Research, Analysis, Types,Posted by Nicky Arora on November 6th, 2019 The Japan Aqueous Polyurethane Dispersion (PUD) Market size is projected to reach USD 160.9 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.7% during the forecast period. Surging demand from end-use industries such as paints & coatings and leather is estimated to help the market gain significant momentum over the coming years. Favorable environmental regulations are expected to help play an important role in triggering the demand for aqueous PUD. However, volatile raw material prices are anticipated to limit the market from realizing its utmost potential. Strong presence of global suppliers is likely to ensure regular raw material flow to aqueous PUD manufacturers. There has been a steady shift from solvent-based polyurethane (PU) systems to aqueous polyurethane dispersions (PUD) in various applications over the past few years. Key drivers influencing this shift are governmental regulations requiring manufacturers to lower total volatile organic compounds (VOCs) and soaring need to lower system costs. Flexible polymer design of the product makes them ideal for use in several diverse applications, thereby supporting the growth of the market. Aqueous PU dispersions can be formulated into adhesives and coatings containing little to no co-solvent, and hence are nonflammable, nontoxic, and do not pollute the environment. Such environmental advantages, coupled with increasing solvent price and quality of raw materials, are augmenting their application in adhesives, fiber sizing, and textile coatings for a variety of polymeric materials and glass surfaces. Booming luxury leather goods, coatings, and adhesives segment in Japan is stimulating the use of aqueous polyurethane dispersion. There are multiple global companies established in Japan that are working to innovate coating composites based on aqueous polyurethane dispersions. The current technology of coating agents comprises of high-performance polyurethane dispersions, which possess particular physico-chemical properties. Access Informative Sample Copy @ https://www.grandviewresearch.com/industry-analysis/japan-aqueous-polyurethane-dispersion-pud-market/request/rs1 Further key findings from the report suggest:
Grand View Research has segmented the Japan aqueous polyurethane dispersion (PUD) market on the basis of product and application. Japan Aqueous Polyurethane Dispersion (PUD) Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Japan Aqueous Polyurethane Dispersion (PUD) Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
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