MARKET INTRODUCTION
Hybrid non-isocyanate polyurethanes (HNIPU) is processed from a reaction between the mixture of mono or polycyclic carbonate and epoxy oligomers and aliphatic/cycloaliphatic polyamines with primary amino groups. Hybrid non-isocyanate polyurethanes have superior properties as compared to conventional polyurethanes. They possess improved structure with reduced permeability, greater hydrolytic stability, excellent adhesiveness, and superior chemical resistance. Due to these properties, hybrid non-isocyanate polyurethanes are ideal choice for numerous applications including crack-resistant composite materials, chemical resistant coatings, industrial floorings, sealants, glues, and many others.
MARKET DYNAMICS
The hybrid non isocyanate polyurathanes market has witnessed a significant growth owing to factors such as increasing application in paint coatings, adhesives and sealants, fiber-reinforced composites, and others. The hybrid non isocyanate polyurathanes is used by many of the end-use industries, including automotive parts, medical, consumer goods, industrial flooring, architecture, packaging, and many others. HNIPU offers high adhesion to substrates, including metals, concrete, ceramic, plastic, and wood. It is used for both indoor and outdoor applications since it is good corrosion resistance for metal substrates, increased hardness, impact resistance, and decorative properties. However, Exposure to isocyanates may cause skin and respiratory problems. When burnt, they form toxic and corrosive fumes, including nitrogen oxides and hydrogen cyanide. These factors may hamper the growth of this market. Nevertheless, with the steady growth in the paint & coatings and adhesive industries, market players have the opportunity to invest in this market.
MARKET SCOPE
The "Global Hybrid Non Isocyanate Polyurathanes Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hybrid non isocyanate polyurathanes market with detailed market segmentation by application, end-use, and geography. The global hybrid non isocyanate polyurathanes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hybrid non isocyanate polyurathanes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hybrid non isocyanate polyurathanes market is segmented on the basis of application and end-use. On the basis of application, the hybrid non isocyanate polyurathanes market is segmented into paint coatings, adhesives and sealants, fiber-reinforced composites, and others. The hybrid non isocyanate polyurathanes market on the basis of the end-use is classified into automotive parts, medical, consumer goods, industrial flooring, architecture, packaging, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hybrid non isocyanate polyurathanes market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hybrid non isocyanate polyurathanes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hybrid non isocyanate polyurathanes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hybrid non isocyanate polyurathanes market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global hybrid non isocyanate polyurathanes market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hybrid non isocyanate polyurathanes market are anticipated to lucrative growth opportunities in the future with the rising demand for hybrid non isocyanate polyurathanes in the global market. Below mentioned is the list of few companies engaged in the hybrid non isocyanate polyurathanes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hybrid non isocyanate polyurathanes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Hybrid Coating Technologies
- Nanotech Industries Inc.
- Polymate Ltd.
- PPG Industries
- Stahl Holdings B.V.
- Others
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.