Polyurethane Dispersion Market To Reach $3.81 Billion By 2030

Polyurethane Dispersion Market Growth & Trends

The global polyurethane dispersion market size is anticipated to reach USD 3.81 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.5% from 2025 to 2030. Growth of the key end-use industries including automotives, packaging, furniture, textile and leather is expected to drive the global polyurethane dispersion market over the forecast period. Civil unrest in Middle East and North Africa coupled with depleting crude oil reserves has been major factor influencing petrochemical prices globally. Volatile MDI and TDI prices are expected to remain a key challenge for market participants over the next seven years.

Water based PUD was the leading product segment and accounted for 53.8% of total market volume in 2014. Favorable regulatory norms for water based dispersants have resulted in the rise in consumption. It is also expected to witness the highest growth of 6.4% from 2015 to 2022. Stringent regulations particularly in developed economies of North America and Europe are expected to retard growth of solvent based PUD. 

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Polyurethane Dispersion Market Report Highlights

• Water-based dispersion held a substantial market share in 2024, owing to its environment-friendly attributes, reduced VOC emissions, and adherence to stringent regulations. 

• The paints & coatings segment is estimated to occupy a significant market share in 2024, driven by the need for durable, high-performance finishes that adhere to stringent environmental regulations. 

• Asia Pacific polyurethane dispersion (PUD) market held a significant share of the global market in 2024, driven by rapid industrialization and urbanization.

Polyurethane Dispersion Market Segmentation

Grand View Research has segmented the global polyurethane dispersion (PUD) market report based on product, application, and region:

Polyurethane Dispersion Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Water-based Dispersion

• Solvent-based Dispersion

Polyurethane Dispersion Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Textile Finishing

• Natural Leather Finishing

• Synthetic Leather

• Others

Polyurethane Dispersion Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Russia

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List Of Key Players in the Polyurethane Dispersion Market

• Covestro AG

• BASF

• The Dow Chemical Company

• Mitsui Chemicals, Inc.

• The Lubrizol Corporation

• Alberdingk Boley GmbH

• Solvay

• Bayer AG