The demand for PUDs in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in infrastructural and industrial activities such as expansion of construction industry, increasing use in automotive, textile & leather industry, and so on. PUDs are also cross-linked with various resins, isocyanates, epoxy silanes, or any other cross-linking agents. Cross-linked PUDs are obtained with enhanced mechanical and chemical properties. This also helps in bringing down the cost of PUDs, which currently is high. The choice of polyol in a specific application determines the cost of PUDs. The increase in demand for environment-friendly PUDs and the government s environmental policies of low VOC emission, provide sufficient growth opportunities to the market.
Will Polymer Emulsion Market carry its growth momentum post COVID-19- Read more to know
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Polymer Emulsion Market Size Forecast to Reach $48 7 Billion by 2025
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