Adhesives

• The particle size distribution may range from 1 to 100 microns.\nPolyurethane microspheres are used in water and solvent-based topcoat finishing and are produced in transparent to various colors as well as in various sizes.
• Polyurethane microspheres are used in coatings for wood, natural and artificial leather, plastics, vinyl floor and wall decorative coatings.\nAesthetics provide natural as well as beauty to modern architecture.
• With the increase in population and to increase productivity the use of fertilizers is expected to increase during the forecast period.
• The increase in consumption of fertilizers from the agricultural sector is expected to drive the market for the polyurethane microsphere encapsulants during the forecast period.\nThe aforementioned factors, coupled with government support, are contributing to the increasing demand for polyurethane microspheres market during the forecast period.\n'

• b"Polyurethane elastomers are class of the polyurethane group that have the characteristics of rubber.Polyurethane elastomers are formed by combining hard (isocyanate) and elastic (polyol) parts and changing these selections creates the superior quality of the polyurethane elastomers.\nPolyurethane Elastomers are majorly used in footwear industry to produce high tensile and flexible soles using formulations that regulate flexibility ranging from temperatures '0 degree Celsius to 80 degree Celsius' thereby producing superior quality and durable products increasing the scope for this market.\nIn 2019, the average revenue generated by the shoe industry in the United States per person was USD 277.09 which is about USD 60 higher than the revenue generated in 2018 hence, showing rapid growth in this sector.\nGrowing population is aiding the market for footwear industry in countries like China, India, Japan creating a major market for polyurethane elastomers.\nAsia Pacific region is expected to dominate the market for vinyl ester during the forecast period.
• In countries like China, India due to the increasing applications in footwear and other consumer goods industries like leather, and automotive, the market for polyurethane elastomers has been increasing.\nThe largest producers of polyurethane elastomers are located in Asia-Pacific.
• Some of the leading companies in the production of polyurethane elastomers are Tosoh Corporation, INOAC CORPORATION, Huntsman Corp, Mitsui Chemicals.Inc, Wanhua Chemical Group Co.Ltd\nThe Leather industry in India accounts for around 12.9% of the world's leather production which constitutes 9% of the world's footwear production increasing demand for this market in the region.\nElastomers of polyurethane are also used where high degree of dynamic stress is anticipated.
• These elastomers are also used as coatings when corrosion resistance is preferred, for inhibiting moisture transmission, preventing abrasion damage.\nThe physical properties of polyurethane elastomers like tensile strength, compression strength, and tear strength is increasing its demand in automobile industry.\nThe aforementioned factors, coupled with government support, are contributing to the increasing demand polyurethane elastomers during the forecast period.\n"

b'Other Central & South America: Adhesives, Sealants, & Coatings TPE Market Size\nOther Central & South America: Demand by Product\n'

• Fluctuating raw material prices are hindering the market growth.
• Growing demand in water-based polyurethane systems is creating opportunities in the market.
• Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share.\nThe report offers a comprehensive evaluation of the Global Polyurethane Dispersion Market.
• The projections are calculated using proven research methodologies.\nThe report has been compiled through extensive primary and secondary research.