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Showing posts with the label polyurethanes market

Coatings segment is estimated to lead the overall waterborne polyurethanes market

  The Waterborne Polyurethanes Market is projected to grow from USD 1.7 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 5.2%. The demand for environment friendly polyurethanes is increasing with the growing awareness about the harmful effects of hazardous chemical emissions. On the basis of application, coatings segment is estimated to lead the overall waterborne polyurethanes market in 2020. Waterborne polyurethanes are a rapidly growing segment of polyurethane coating industry owing to environmental regulations such as the Clean Air Act and technological advances that made them an effective substitute for the solvent-based coatings. Their versatility and wide range of properties such as abrasion resistance, impact strength, and low temperature flexibility are the driving force to their continuously expanding usage in many applications. Waterborne polyurethane coatings improve appearance and lifespan of products. On the basis of end-use industry, building & con...