Africa Baby Care Products Market - Infinium Global Research Global Polyurethane Dispersions Market - IGR 2021 | Page 3

basis of applications global polyurethane dispersions market can be
segmented as natural leather finishing, textile furnishing, synthetic leather
production and other applications such as coatings and adhesives.
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One of the major drivers in the global polyurethane dispersions market is
demand from adhesives and coatings industry. Growing demand for textile
and leather products in daily life and from industries such as furniture,
automobiles and interior has paced up the market. Another characteristic that
is augmenting the market growth is eco-friendly behavior of polyurethane
dispersions. Furthermore, several advantages such as absence of volatile
organic compounds (VOC), harmful monomers and other toxic compounds
and elimination of odor along with polyurethane-like performance have
increased its demand globally. Polyurethane dispersions hold high degree of
toughness due to which demand is largely triggered in coatings, paints and
adhesive industries driving the market growth globally. In coming future, new
regulations are expected to cut the amount of VOC allowed in paints, coatings
and adhesives this is expected to serve potential opportunities to the global
polyurethane dispersions market to flourish.