Rising use of emulsion polymer across paints, coating and adhesives application are expected to fuel the market growth over the forecast period. Moreover, increasing construction projects worldwide along with the need for high-quality paints and coatings is boosting the product demand. Formulation of strict governmental norms regarding the environment will lead to the use of eco-friendly polymer emulsion such as water-based emulsion which is expected to open a new opportunity for the market.
As per the latest report added by Value Market Research, The Global Emulsion Polymer Market was valued at around USD 31.5 BN in 2017 and is expected to reach around USD 47.5 BN in 2024 growing at a CAGR of around 5.5%.
THE ACRYLIC PRODUCT IS THE HIGHLY PREFERRED EMULSION POLYMER
Acrylic hold around 40% share in 2017. Owing to its excellent water resistance and quick drying ability is raising its demand across personal care products, thereby driving the segment growth. Further, growing usage of the product in water treatment is again expected to fuel the segment growth.
PAINTS AND COATING IS THE LARGEST APPLICATION AREA
Paints and coating are dominating with X.X% share in 2017. Rising demand for enhanced paints and coating technology is driving the product demand. Also, expanding paints and coating industry along with the rise in a construction project is further fueling its demand.
ASIA-PACIFIC HOLDS THE MAXIMUM SHARE
Asia-Pacific dominated the global emulsion polymer market with over 35% share in 2017. The growth in this region can be attributed to the increasing construction activities along with the rise in paints and coating industry.
Asahi Kasei, BASF SE, Celanese, DIC Corporation, Dow Chemical Company, Omnova Solution, Styron, Synthomer, and Wacker Chemie.
As per this study the Global Emulsion Polymer Market was valued at USD XX BN (by revenue) in 2019 and is anticipated to reach USD XX BN by 2026 with a CAGR of XX%. By volume, the market was estimated at XX KT in 2019 and is expected to reach XX KT by 2026 with a CAGR of XX%.
Emulsion polymer is a polymer which is obtained through emulsion of surfactants, monomer, and water. An oil-in-water emulsion is a most common type of emulsion polymer. Technically, emulsion polymer has a high molecular weight that results in the fast polymerization. Also, they are green products that lead to eco-friendly painting and coatings.
Expansion of paints and coating industry on the global basis along with the rapid growth in paper and paperboards industry is the prime factor fueling the market growth. Strict governmental norms regarding environmental protection are again boosting the market growth. Further, rising awareness regarding bio-based emulsion polymer among end-user along with the rising usage of waterborne acrylic dispersion for anticorrosive coatings is expected to new opportunity growth to the market. On the other hand, the high price of the raw material is likely to curb the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of emulsion polymer.
The broad emulsion polymer market has been sub-grouped into type, application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Vinyl Acetate Polymers
- Styrene- Butadiene Latex
- Paper & Paperboard Coatings
- Paintings & Coatings
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for emulsion polymer in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Emulsion Polymer Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the emulsion polymer market include Asahi Kasei, BASF SE, Celanese, DIC Corporation, Dow Chemical Company, Omnova Solution, Styron, Synthomer, and Wacker Chemie. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.