Global Polyurethane Dispersions Market Size Study & Forecast, by Type and Application, and Regional Forecasts 2025-2035

The Global Polyurethane Dispersions (PUDs) Market is valued at approximately USD 2.69 billion in 2024 and is projected to surge at a remarkable CAGR of 7.45% over the forecast period from 2025 to 2035. As the manufacturing and coatings industries undergo a paradigm shift toward environmentally compliant and high-performance solutions, PUDs have become an indispensable component in numerous industrial and commercial applications. Their low VOC emission profile, exceptional abrasion resistance, and superior flexibility have made them a sustainable alternative to traditional solvent-based systems. Whether in automotive refinishing, furniture lacquers, textile coatings, or leather finishing, these water-based polyurethanes are redefining formulation chemistry with their versatility and ecological balance.

The expanding consumer demand for sustainable and low-impact products, especially in construction, packaging, and textiles, is accelerating the adoption of polyurethane dispersions. With global awareness rising around green chemistry and carbon-neutral solutions, industries are pivoting towards PUDs to meet both regulatory mandates and consumer expectations. For instance, the increasing usage of PUD-based adhesives and coatings in footwear, automotive interiors, and wood finishing is primarily driven by their capacity to deliver robust performance while aligning with eco-compliance targets. Furthermore, the rapid rise in urbanization, combined with a boom in smart infrastructure projects, is creating a ripple effect across sectors-subsequently stimulating the demand for advanced, high-resilience coating materials.

From a regional standpoint, North America is expected to maintain a robust market share through 2025, driven by stringent EPA environmental norms and a mature end-user landscape across packaging, automotive, and construction industries. Europe follows closely, owing to its progressive sustainability frameworks and strong R&D focus on biobased and hybrid polyurethane systems. Meanwhile, the Asia Pacific region is poised for the fastest growth over the forecast period. With rapid industrialization, soaring demand for high-performance coatings, and burgeoning sectors like footwear manufacturing and textiles in China, India, and Southeast Asia, the region has emerged as a key demand center. Growing investments in infrastructure modernization and increasing foreign direct investment in coatings and sealants manufacturing only add fuel to this momentum.

Major market player included in this report are:

• BASF SE
• Huntsman Corporation
• Dow Inc.
• Covestro AG
• Mitsui Chemicals, Inc.
• Wanhua Chemical Group Co., Ltd.
• DIC Corporation
• Lanxess AG
• Hauthaway Corporation
• Alberdingk Boley GmbH
• Synthomer plc
• Perstorp Group
• Michelman Inc.
• Chase Corporation
• Lubrizol Corporation

Global Polyurethane Dispersions Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Type:

• Water Based
• Solvent Based

By Application:

• Coatings
• Adhesives & Sealants
• Leather Finishing
• Paper & Textile
• Fiberglass Sizing
• Others

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.