Microchem (Switzerland), Sanyo chemical industries Ltd. (Japan) are key players Polyurethane Market

The report “Polyurethane (PU) Microspheres Market by Applications (Encapsulation, Coatings, Adhesives, and Cosmetics) – Global Trends & Forecasts to 2020?, The global Polyurethane (PU) microspheres market is projected to reach USD 74.4 Million by 2020 from USD 47.6 Million in 2014, growing at a CAGR of 7.8% from 2015 to 2020.

The growing demand of repositionable adhesives, increased application in the architectural segment as a coating material, and its use as an encapsulant in drug delivery and crop protection drives the demand for Polyurethane (PU) microspheres.

The research methodology for this research study was devised with a combination of primary and secondary sources. Extensive secondary sources such as directories and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva were used to identify and collect information useful for this technical, market-oriented, and commercial study of the PU microspheres market.

The primary sources were used to validate the information obtained from secondary or derived sources via in-house methodology. The primary participants covered industry experts from core and related industries along with preferred suppliers, manufacturers, distributors, service providers, and related organizations to all segments of the supply chain of the industry.

Furthermore, in-depth interviews of various primary respondents were included from subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts.

The PU microspheres market has a diversified ecosystem of upstream players, including raw material [Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI), and polyols] suppliers, along with downstream stakeholders, vendors, end use applications such as encapsulation, coatings, adhesives, and cosmetics; and government organizations.

Key players in this market include Microchem (Switzerland), Sanyo chemical industries Ltd. (Japan), Supercolori S.p.A. (Italy), Kolon Industry Inc. (Korea), Bayer Material Science LLC (Germany), Heyo Enterprise Co. Ltd. (Taiwan, Republic of China), and Chase Corporation (U.S.) among others.

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