Dec 6, 2018   SOURCE: BusinessWire

$160 Million Aqueous Polyurethane Dispersion (PUD) Market in Japan (2018-2025): Key Analysis & Outlook - ResearchAndMarkets.com

The "Japan Aqueous Polyurethane Dispersion (PUD) Market Size, Share & Trends Analysis Report By Product, By Application (Water-based Paints, Leather Finishing Agents, Water-based Glue), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The Japan aqueous polyurethane dispersion (PUD) market size is projected to reach USD 160.9 million by 2025, 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.

Key Findings

  • The two-component polyurethane segment is poised to reach USD 71 million by 2025, expanding at a CAGR of 4% from 2017 to 2025.
  • In terms of revenue, the water-based paints segment is projected to exhibit a CAGR of 3.3% over the forecast period, since they are increasingly being preferred over solvent-based paints.
  • The revenue for component polyurethane is estimated to reach USD 53 million by 2025, rising at a CAGR of 2.8% from 2017 to 2025.
  • Leather finishing agents application is expected to be the fastest-growing segment in terms of revenue, owing to their increased application scope in the adhesives industry.
  • Some of the key companies present in the market are Covestro, Royal DSM, UBE Industries Ltd, Stahl, Chemtura Corporation, and Lubrizol Corporation. Players in the market are pouring hefty funds into product portfolio expansion in order stay ahead in the competition.

Topics Covered

Chapter 1 Japan Aqueous Polyurethane Dispersion Market Overview

Chapter 2 Japan Aqueous Polyurethane Dispersion Market Competition by Manufacturers

Chapter 3 Japan Aqueous Polyurethane Dispersion Market Estimates by Product (2013 - 2018)

Chapter 4 Japan Aqueous Polyurethane Dispersion Market Estimates by Application (2013 - 2018)

Chapter 5 Japan Aqueous Polyurethane Dispersion Players/Suppliers Profiles & Sales Data

Chapter 6Japan Aqueous Polyurethane Dispersion Market Production, Import & Export

Chapter 7 Japan Aqueous Polyurethane Dispersion Manufacturing Cost Analysis

Chapter 8 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 9 Marketing Strategy Analysis, Distributors/Traders

Chapter 10 Market Effects Factors Analysis

Chapter 11 Japan Aqueous Polyurethane Dispersion Market Size (Volume & Value) Forecast (2018 - 2025)

Companies Profiled

  • Bayer Material Science (Covestro)
  • DSM
  • UBE Industries Ltd.
  • Stahl
  • Chemtura
  • Lubrizol
  • BASF SE
  • Alberdingk Boley GmbH
  • Hauthaway
  • Mitsui & Co. Ltd.
  • DIC Corporation
  • Reichhold
  • Sanyo Chemical Industries Ltd.
  • Dai Ichi Kogyo Seiyaku
  • Arakawa Chemical Industries Ltd.
  • Adeka Corporation

For more information about this report visit https://www.researchandmarkets.com/research/c5dp9m/160_million?w=4