Emulsion Polymers Market Overview:
Emulsion Polymers Market is estimated to Reach USD 49.3 Bn by 2022 after Growing at a CAGR of 7.2%.
Emulsion Polymers Market Conclusion:
The global emulsion polymer market is driven mainly by increasing usage of emulsion polymers in paints and coatings and adhesives. The innovation in emulsion polymer such as water and bio-based polymer emulsions are anticipated to provide opportunities in developed regions. The increase in awareness about using high quality acrylic based emulsion polymer in paints owing to rise in construction activities has also shifted manufacturer to increase the usage of emulsion polymer in paints. Increase in awareness among consumer about green building is also anticipated to boost the market growth.
Emulsion Polymers Market Dynamics Type:
Acrylic based emulsion polymers are largest revenue generating product segment for total of 39% of market volume in 2015 owing to various properties it possesses such as quick drying ability and water resistant.
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Emulsion Polymers Market Key Players:
- Celanese Corporation (U.S.)
- BASF SE (Germany)
- The Dow Chemical Company (U.S)
- Arkema S.A. (France)
- Koninklijke DSM N.V. (the Netherlands)
- DIC Corporation (Japan)
- Trinseo (U.S.)
- Wacker Chemie AG (Germany)
- Omnova Solutions Inc. (U.S)
- Nuplex Industries Ltd (Australia)
among others are some of the prominent players at the forefront of competition in the Global Emulsion Polymers Market and are profiled in MRFR Analysis.
Emulsion Polymers Market Dynamics: By Application
Based on application, emulsion polymers are used in various industries such as paint & coatings, paper & paperboards, adhesive & sealants. Paint & coatings application sector dominates the emulsion polymers market with more than 30% market share due to increase demand from construction and automotive industry to use improved quality of paints and coatings.
Emulsion Polymers Market Regional Analysis:
Asia-Pacific emulsion polymers market dominates the market segment owing to growing construction activities coupled with developing paints & coating industry. China and India being a developing region has flourished the demand for paints & coatings along with increase in demand for adhesives will drive the emulsion polymers market demand for acrylics as well. Europe and North America will show a steady growth in emulsion polymers market. Due to economic downturn in U.S market post-recession has hampered the market growth of emulsion polymers in paints & coatings especially in construction and automotive industry.
Middle East & Africa is anticipated to witnessed significant growth owing to expanding energy resources leading to increasing R&D of emulsion polymer. Stringent regulations of government regarding chemical emission in environment has slow down the demand for emulsion polymers in Europe region. Increasing environmental concern to use bio-based emulsion polymers will open an opportunity for small players in developing regions.
Emulsion Polymers Market Table of Content to be Continue……,
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