Global Waterborne Polyurethane Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Polyurethane Emulsion, Polyurethane Dispersion, and Polyurethane Aqueous Solution.

By Application;

Coatings, Adhesives, Sealants, Elastomers, and Others.

By End User;

Building & Construction, Automotive & Transportation, Bedding & Furniture, Electronics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn737843928 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Waterborne Polyurethane Market (USD Million), 2021 - 2031

In the year 2024, the Global Waterborne Polyurethane Market was valued at USD 8,356.04 million. The size of this market is expected to increase to USD 12,481.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.

The Global Waterborne Polyurethane Market is witnessing significant growth due to the increasing demand for eco-friendly and sustainable materials in various industries. Waterborne polyurethane (WPU) is a versatile and high-performance polymer that offers several advantages over its solvent-based counterparts, such as low volatile organic compound (VOC) emissions, non-toxicity, and ease of application. These characteristics make WPU an attractive choice for industries such as automotive, construction, textiles, and coatings, where environmental regulations and consumer preferences are driving the shift towards greener products.

The automotive industry is one of the major consumers of waterborne polyurethane, utilizing it in coatings, adhesives, and sealants. The construction sector also benefits from WPU's properties, using it in paints, sealants, and flooring materials. Additionally, the textile industry employs WPU for fabric coatings and laminations, contributing to the enhanced durability and aesthetic appeal of textiles. The growing awareness of environmental issues and stringent regulations on VOC emissions are further propelling the demand for waterborne polyurethane across these industries.

Technological advancements in the formulation and production of waterborne polyurethane have led to the development of products with improved performance characteristics, such as better abrasion resistance, flexibility, and durability. These advancements are expanding the application scope of WPU and driving market growth. Moreover, the increasing focus on sustainable development and the circular economy is expected to create new opportunities for the Global Waterborne Polyurethane Market in the coming years

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Waterborne Polyurethane Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Regulations
        2. Consumer Preferences
        3. Technological Advancements
        4. Sustainable Development
      2. Restraints
        1. High Production Costs
        2. Performance Limitations
        3. Raw Material Availability
        4. Technical Challenges
      3. Opportunities
        1. Innovation in Formulations
        2. Expansion in Emerging Markets
        3. Strategic Collaborations
        4. Green Building Initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Waterborne Polyurethane Market, By Application, 2021 - 2031 (USD Million)

      1. Polyurethane Emulsion
      2. Polyurethane Dispersion
      3. Polyurethane Aqueous Solution
    2. Global Waterborne Polyurethane Market, By Application, 2021 - 2031 (USD Million)

      1. Coatings
      2. Adhesives
      3. Sealants
      4. Elastomers
      5. Others
    3. Global Waterborne Polyurethane Market, By End User, 2021 - 2031 (USD Million)
      1. Building & Construction
      2. Automotive & Transportation
      3. Bedding & Furniture
      4. Electronics
      5. Others
    4. Global Waterborne Polyurethane Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Covestro
      2. Dsm
      3. Basf
      4. R. Stahl
      5. Chemtura Corporation
      6. Dow Inc.
      7. H.B. Fuller
      8. Wanhua Chemical Corporation
      9. Snp Inc.
      10. Kamsons Chemicals Pvt Ltd.
  7. Analyst Views
  8. Future Outlook of the Market