According to the world's leading market research firm Markets and Markets reperted that few days ago: Waterborne polyurethane (WPU) market in 2014 is more than 6 billion 500 million dollars, is expected in 2019 will reach about $10 billion. 2014 - 2019 CAGR (compound annual growth rate) is up to 9%.
Waterborne polyurethane market mainly includes four fields: coatings, adhesives, sealants and elastomers. Reported that until 2019, the paint is the largest downstream market, in 2014 the total market share is more than 30%. The development of waterborne polyurethane coatings, such as automotive and construction, will drive the development of coatings market. From the geographical point of view, Europe is the world's largest water-based polyurethane consumption areas, in 2014, the global market share of water polyurethane exceeded 35%, is expected to compound annual growth rate will be far more than the global average.
<<Water resin and additives>> magazine point:
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