Polymer Emulsion Market Research Report
The GMI Research expects the polymer emulsion market to
expand at a significant rate. From a regional perspective, the Asia Pacific is
projected to lead the market attributed to the high adoption of polymer
emulsion in the coatings and paints. The endorsement programs for the growth of
facilities by the government across the regions has fuelled the demand.
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Polymer Emulsion Market Dynamics (including
market size, share, trends, forecast, growth, forecast, and industry analysis)
Key
Drivers
The rapid urbanization worldwide has led to an upsurge in a
number of industrial activities. This has enhanced the demand for paints and
coatings in which polymer emulsion is generally used. The increasing adoption
rate in pharmaceutical sectors to produce novel and current drug delivery
systems will further propel the growth of the polymer
emulsion market. The fundamental shift towards attractive economic growth
has facilitated the progression of ASEAN economies that have more capacity than
all other regions. As the emulsion industry is connected with the chemical
industry, various oil and gas manufacturers globally are aiding to transform
their sights on the global chemical industry, which is shifting the polymer
emulsion market towards healthy growth.
The growing use of adhesives for coating in the automotive
sector has bolstered the growth of the polymer emulsion market owing to the
rising number of vehicles per year, which is further supporting the growth of
the market. The drastic shift in trend towards environment friendly and fewer
VOC emissions paints and coatings has enhanced the demand and has led to the
high adoption of polymerization. In addition to this, the emerging demand for
emulsion polymer in several industries, such as textile, transportation, and
other consumer durables, is further anticipated to stimulate the growth of the
market. On the other hand, volatility in the availability of the raw material
and increased price tags, including the rise in crude oil prices owing to the
affected supply-demand chain after the pandemic, has adversely influenced the
overall production of the material will hinder the growth of the polymer
emulsion market.
Polymer Emulsion Market’s leading
Manufacturers:
·
Synthomer plc
·
Wacker Chemie AG
·
DIC CORPORATION
·
BASF SE
·
Trinseo
·
Celanese Corporation
·
The Lubrizol Corporation
·
Arkema
·
Akzo Nobel N.V.
·
Engineered Polymer Solutions
Polymer Emulsion Market Segmentation:
Segmentation
by Product type:
·
Acrylic Polymer Emulsion
·
Vinyl Acetate Polymer Emulsion
·
SB Latex
·
Others
Segmentation
by Application:
·
Paints & Coatings
·
Adhesives & Sealants
·
Paper & Paperboard
·
Others
Segmentation
by End-Use Industry:
·
Building & Construction
·
Automotive
·
Textile and Coatings
·
Chemicals
·
Others
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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