Global Water-Based Polyurethane Dispersions Market Competitors, Segment Types and Downstream Applications Research Report 2025

Research Summary

Water-based polyurethane dispersions (PUDs) are a type of polyurethane resin dispersed in water. These dispersions are widely used as environmentally friendly alternatives to solvent-based polyurethane systems in various coating and adhesive applications. Water-based PUDs offer several advantages, including low volatile organic compound (VOC) emissions, reduced flammability, and improved workplace safety compared to solvent-based systems. They are commonly used in the formulation of coatings for wood, metal, plastic, and textile substrates, providing excellent adhesion, durability, and chemical resistance. Water-based PUDs can also be used in the production of adhesives, sealants, and elastomers, offering versatility and performance properties comparable to solvent-based polyurethane systems. Additionally, water-based PUDs are compatible with a wide range of additives and pigments, allowing for formulation flexibility and customization to meet specific application requirements. Overall, water-based polyurethane dispersions are an environmentally friendly and versatile solution for various coating and adhesive applications, offering performance benefits while minimizing environmental impact.

According to WENKH research statistics, the global Water-Based Polyurethane Dispersions market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the China Water-Based Polyurethane Dispersions market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Water-Based Polyurethane Dispersions market is highly competitive, with key market players including Covestro (DSM), Lanxess (Chemtura), Lubrizol, BASF, Alberdingk Boley, Hauthaway, Stahl, Mitsui, UBE, DIC, Reichhold, Wanhua Chemical, Dow Chemical, SiwoChem, SNP, Chase, VCM Polyurethanes, etc. This report categorizes the competitive landscape of the global Water-Based Polyurethane Dispersions market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Water-Based Polyurethane Dispersions market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Water-Based Polyurethane Dispersions industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Water-Based Polyurethane Dispersions and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers countries including United States, China, Germany, Japan, France, South Korea, United Kingdom, India, Italy, Brazil, Mexico, Indonesia, Vietnam and South Africa. It particularly focuses on the revenue and sales volume of Water-Based Polyurethane Dispersions in these countries, as well as the product segmentation and downstream application market size of each country. The report provides an in-depth analysis of the regional distribution and future development trends of the Water-Based Polyurethane Dispersions market. By considering local policies, this report evaluates the market prospects of Water-Based Polyurethane Dispersions in each country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

Covestro (DSM)

Lanxess (Chemtura)

Lubrizol

BASF

Alberdingk Boley

Hauthaway

Stahl

Mitsui

UBE

DIC

Reichhold

Wanhua Chemical

Dow Chemical

SiwoChem

SNP

Chase

VCM Polyurethanes

Product Segment

Two-component PUD

One-component PUD

Urethane-modified

Product Application

Coatings

Adhesive and Sealants

Leather Finishing

Paper and Textile

Fiber Glass Sizing

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Water-Based Polyurethane Dispersions Industry Chain Analysis

Chapter 3: Global Water-Based Polyurethane Dispersions Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Global Water-Based Polyurethane Dispersions Market Capacity and Production Analysis

Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Water-Based Polyurethane Dispersions Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Specifications and Features, Product Revenue, Product Sales Volume, Product Average Price and Product Gross Profit Margin)

Chapter 7: Global Water-Based Polyurethane Dispersions Market Analysis by Countries, Product Segment and Downstream Application (Sales Volume, Revenue and Average Price)

Chapter 8: United States Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: China Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Germany Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Japan Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: France Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: South Korea Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: United Kingdom Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 15: India Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 16: Italy Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 17: Brazil Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 18: Mexico Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 19: Indonesia Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 20: Vietnam Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 21: South Africa Water-Based Polyurethane Dispersions Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 22: Research Conclusion

Chapter 23: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.