Polyurethane Dispersion Market Size | Share, Overview, Trends and Regional Analysis Growth Forecast, Industry Statistics Till 2027
Market Synopsis The global polyurethane market size is presumed to garner USD 1,237.4 million with 6.28 % CAGR during the forecast period (2015-2023), owing to the continued growth of the automotive sector, asserts Market Research Future (MRFR). Polyurethane (PUD) is an anionic and aqueous dispersion having high molecular weight. It can be either derived from aromatic or aliphatic isocyanate and can be produced with or without emulsifiers. PUD possesses properties such as high abrasion resistance, superior tensile strength, extreme temperature durability, and high elasticity which can be used in wood and leather finishes, textile coatings, and concrete floor coverings. Potential and Pitfalls With the continued growth in the automotive sector, growing consumption of leather products, and high demand from the furniture and interior industry, the global Polyurethane Dispersion Market Size is likely to foster during the assessment period. The demand for leather is highly driv