The Bio-Emulsion Polymers Market repprt displays the industry overview, product definition, cost, wide range of applications, glyoxylic acid market scope, market size estimation. The Global Bio-Emulsion Polymers Market is further segmented based on regions, product category and global applications of Bio-Emulsion Polymers. Bio-Emulsion Polymers Industry study based on market dynamics, factors contributing factors, emerging market segments.
Bio-Emulsion Polymers Market by Segmentation:
The global bio-emulsion polymers market is segmented into the material composition and application.
Market Segment by Material Composition:
- acrylonitrile butadiene styrene
- ethylene vinyl acetate
- polyacrylic acid
- polyamide
- polymethyl methacrylate
- polybutylene
- polybutylene terephthalate
Market Segment by Material Application:
- paints & coatings
- adhesives
- textiles and others
Leading Market Players:
Some of the prominent players operating in the global bio-emulsion polymers market are BASF SE (Germany), The Lubrizol Corporation (U.S.), Clariant (Switzerland), Cytec Industries Inc (U.S.), DIC CORPORATION (Japan), Arkema S.A.(France), Nuplex Industries Ltd (Australia), Trinseo (U.S.), OMNOVA Solutions Inc (U.S.) and The Dow Chemical Company (U.S.) among others.
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Bio-Emulsion Polymers Market Synopsis:
Bio-emulsion polymers are manufactured from renewable sources of raw-materials. They are formed by using two methods such as bio-based latex polymer and bio-based sugar macromer methods. The bio-based latex polymer method utilizes starch produced from rice, potato, corn to fabricate polymers whereas bio-based sugar macromer method makes use of sugar as a feedstock for the production of final product. They are known for non-toxic nature, superior performance, extended life, and other features which are influencing the market positively. Due to these factors, bio-emulsion polymers are used in various applications such as paints & coatings, adhesives, textiles, paper, and others.
Among the various segments in the market, paints & coatings sector holds a major portion due to growing consumption of natural based emulsion polymers as they offer excellent life & recyclability, superior performance, and ease of application. They are mainly used to impart thermal and water resistance along with bio-compatibility to the final product. It is projected that the adhesives sub-segment is set to grow at a significant rate owing to increasing demand of the product in toys, furniture, and others.
Bio-Emulsion Polymers Market Regional Analysis:
The global bio-emulsion polymers market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
North America holds a major share of the global market and is projected to continue leading, owing to the increasing consumption of bio-emulsion polymers in paints & coatings, adhesives, textiles, paper, and others. It is estimated that the paints & coatings segment is set to observe the highest CAGR in the market due to growing consumption of ecofriendly products in the sector. Moreover, increasing demand for lower density materials in paper, textiles, adhesives, and others is likely to witness a rapid growth during the forecast period. These factors have led the U.S., Canada, and Mexico to be the major players of this region.
The Asia Pacific market is expected to grow at a higher CAGR due to growing partnerships and agreements between the leading companies. China, Japan, and India have achieved a significant place in the market due to the growing investments in end-use industries. Therefore, the growing demand for high performance emulsion polymers in end-use industries are estimated to drive the market during the forecast period.
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A significant development is observed in Europe due to adoption of stringent norms and policies set by the regulatory bodies such as the EPA (Environmental Agency) and the REACH (Regulation for Registration, Evaluation, Authorization and Restriction of Chemicals). The growing demand for eco-friendly products have propelled the market to witness a better growth. Thus, countries such as Germany, the U.K, and Italy are the major contributors to this market.
A moderate development is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to absence of modern equipment and structure. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing demand for bio-emulsion polymers in end-use industries such as paints & coatings, textiles, and others.
Intended Audience
- Bio-emulsion polymers market manufacturers
- Traders and Distributors of Bio-emulsion polymers market
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
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