The Global market for waterborne polyurethane is expected to reach $10 billion in 2019 (estimated at 2 million tons)

The Global market for waterborne polyurethane is expected to reach $10 billion in 2019 (estimated at 2 million tons)

2017-06-15

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:
According to the report, the 2014 global waterborne polyurethane $6 billion 500 million scale, about 40 billion yuan. The solid content of waterborne polyurethane is generally between 10-60%, if in accordance with the intermediate value of 35% solid content (estimated market price is about 35 thousand yuan / ton) estimates, 2014 global polyurethane market size can be estimated to be about 1 million 300 thousand tons in 2019 increased to $10 billion, the waterborne polyurethane market scale or can be estimated at around 2 million tons. According to this method, according to the proportion of solid content can fluctuate market valuation. (The above method is for reference only).