Polymer Emulsion Market
The Polymer Emulsion Market is anticipated to expand at a remarkable CAGR over the forecast period (2020-2027).
The factors driving the growth of Polymer Emulsion Market includes increasing application of Polymer emulsion in end-use industries such as Pharmaceuticals, chemical, automotive and transportation, rising concerns about solvent borne polymers and growing demand for high-quality paints and coatings. According to the report published by Bloomberg, the Global Automotive Adhesives and Sealants Market is expected to generate revenue around USD 11,643.5 million, exhibiting a CAGR of 6.1% CAGR during the forecast period (2020-2030), which is expected to boost the Polymer Emulsion Market size in the approaching years. Moreover, the strict regulations imposed by Governing bodies on Volatile Organic Compounds, increasing number of construction projects and rise in investments in the form of Foreign Direct Investments (FDI) in the developing Countries primarily in healthcare, transport, and education sectors, are some of the additional factors propelling the market growth.
However, the growth of Polymer Emulsion Market is hindered due to fluctuations in the prices of raw materials.
The leading players operating in the market are The Lubrizol Corporation, Arkema, Akzo Nobel N.V., Wacker Chemie AG, DIC CORPORATION, BASF SE, Engineered Polymer Solutions, Trinseo, Celanese Corporation and Synthomer plc among others.
Product Type – Segment Analysis
As per the Polymer Emulsion Market Global Forecast, the vinyl acetate segment is projected to expand at a significant CAGR during the forecast period attributed to its increasing application in the automotive and construction industries.
Application – Segment Analysis
As per the Polymer Emulsion Market Forecast, the Paints and coatings segment is estimated to capture the largest market share over the forecast period due to rise in the construction activities along with growing demand for water-based paints & coatings.
End Use Industry – Segment Analysis
Based on end-use industry, the building and construction segment is predicted to grow at a faster CAGR during the forecast period due to increasing application of polymer emulsion in architectural paints and elastomeric wall coatings
Regional – Segment Analysis
Based on region, the Asia Pacific region is anticipated to lead the market over the forecast period attributed to increasing Government’s expenditure on improving public transportation systems, availability of skilled labor, high population growth, rising disposable incomes and strict regulations regarding Volatile Organic Compounds emissions.
Market Segmentation
Global Polymer Emulsion Market by Product type
- Acrylic Polymer Emulsion
- Vinyl Acetate Polymer Emulsion
- SB Latex
- Others
Global Polymer Emulsion Market by Application
- Paints & Coatings
- Adhesives & Sealants
- Paper & Paperboard
- Others
Global Polymer Emulsion Market by End Use Industry
- Building & Construction
- Automotive
- Textile and Coatings
- Chemicals
- Others
Global Polymer Emulsion Market by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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