Waterborne Polyurethane Market [2028]- Analyzing the Exponential Growth
According to TechSci Research report, “ Waterborne Polyurethane Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Waterborne Polyurethane Market stood at USD1.85 billion in 2022 and is anticipated to grow with a CAGR of 4.32% in the forecast period, 2023-2028. The initiatives taken by the government based on waterborne polyurethane have led to favorable market conditions for the Global Waterborne Polyurethane Market. Several factors contribute to the growth of various waterborne polyurethane products. One of the key government initiatives significantly influencing the waterborne polyurethane (WPU) market is the implementation of strict regulations on volatile organic compounds (VOCs) in coatings. These regulations aim to reduce the environmental impact of traditional solvent-based coatings, which emit high levels of VOCs, contributing to air pollution and health issues. In contrast, WPUs, with...