BASF SEMarket growth driven by end-user industries and regulatory shift to solvent-free systems benefits BASF as a key supplier.
The global polyurethane dispersions market is projected to grow from USD 3.00 billion in 2025 to USD 4.34 billion by 2030, at a compound annual growth rate of 7.7%. Solvent-free polyurethane dispersions are expected to be the fastest-growing product type, driven by demand for zero-solvent, low-emission technologies in leather, textiles, packaging, wood coatings, and automotive interiors. Paints and coatings are forecast to lead application growth, supported by low-VOC and environmentally compliant coatings in construction, automotive, and wood applications. Asia Pacific is projected to be the fastest-growing regional market, with China, India, South Korea, and Indonesia seeing expansion across automotive, textile, construction, and packaging sectors. The report covers companies including Covestro AG, BASF, Dow, Wanhua, Lubrizol, Mitsui Chemicals, Alberdingk Boley, Perstorp, Stahl Holdings, and UBE Corporation.
BASF SEMarket growth driven by end-user industries and regulatory shift to solvent-free systems benefits BASF as a key supplier.
Dow IncGrowing demand from automotive, construction, textile, and packaging industries for polyurethane dispersions benefits Dow as a major producer.
Asia-Pacific demand growth, particularly in automotive and packaging, supports Mitsui Chemicals' polyurethane dispersion business.
Wanhua Chemical Group Co LtdStrong demand growth in Asia-Pacific, especially China, where Wanhua is based, drives sales of polyurethane dispersions.
Increasing adoption of polyurethane dispersions in coatings and adhesives benefits Lubrizol as a specialty chemical producer.