Polymer Emulsion Market: Based on Polymer Emulsion Type (Acrylic Polymer Emulsion, Vinyl Acetate Polymer Emulsion, SB Latex), Based on Its Application (Paints & Coatings, Adhesives & Sealants, Paper & Board), Based on (End-Use Industry: Building & Construction, Automotive, Chemicals, Textile & Coatings) – Global Industry Sizing, Growth, Trend, Opportunities and Forecast (2021-2027)
The Polymer Emulsion Market report covers an in-depth analysis of market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by key market players operating in the global market. It involves in-depth analysis of factors influencing the global market and market statistics indicating market share/growth analysis by region and segment. The report study will offer one of the most comprehensive analyzes of the market, capturing all aspects of the Polymer Emulsions market.
Polymer Emulsion Industry Outlook
The global Polymer Emulsion Market size was valued at USD 25.7 Billion in 2020 and is projected to reach USD 41.1 Billion by 2027, growing at a CAGR of 8.6% during the forecast period 2021-2027 . Polymer emulsions are specialty polymers used to make specialty chemicals such as paints and coatings, adhesives, offset inks, paper and board, construction chemicals, and textiles. Polymer emulsion is a type of polymer obtained in the presence of sodium stearate by an emulsion of surfactants, monomers and water. The Polymer Emulsion production process is an environmentally friendly process that deals with high molecular weight polymers resulting in rapid polymerization. They are green products that contribute to environmentally friendly painting and coating techniques.
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Polymer Emulsion: Market Dynamics:
Rising demand from growing end-use industries in developing countries and robust growth in global building and construction sectors are key factors responsible for the growth of the polymer emulsions market. Strict VOC emission regulations and growing concerns over green building are also driving the market. Furthermore, growing knowledge from end-use industries on the environmental impact of solvent-based products, combined with trends and developments, is expected to drive the market over the forecast period. Moreover, low capital income for the foundation of manufacturing units is fueling the overall growth of the market.
The growing demand and awareness of bio-based polymer emulsions will create multiple opportunities in the global market. The increasing use of water-based acrylic dispersion for anti-corrosive coatings is expected to create many opportunities for market growth. Growing environmental issues and the use of green technologies are increasing the demand for low VOC products, which use renewable goods as raw material. Growing competition among market players has motivated producers to pursue technological advancements.
Trade restrictions involving the use of chemicals such as butadiene pose challenges for the global polymer emulsions market. The production of low-VOC polymer emulsions is one of the challenges for market players. VOC emissions have many adverse health effects for workers as well as end users. Additionally, they can contribute to serious chronic diseases such as asthma. Volatile raw material costs may restrain market growth.
Impact of COVID-19 on the Polymer Emulsion market:
To prevent the spread of the coronavirus, workers either returned to their hometowns or quarantined. Upstream supply chain issues forced the construction, automotive, pharmaceutical, textile and coatings industries to shut down. Demand for residential building construction is expected to be lower as negative market sentiment and falling wages discourage people from buying new homes. Chemical processing companies have stopped production. Regularly, however, governments around the world encourage the construction, automotive, pharmaceutical, textile and coatings industries to return to work, lift the lockdown, and markets head for market recovery. with the expected increase in sales.
The report outlines the study of the Polymer Emulsion market based on its type, applications and end-user industry.
Based on Type, the Polymer Emulsion Market is segmented into –
- Acrylic polymer emulsion
- Vinyl acetate polymer emulsion
On the basis of its application, the polymer emulsions market is segmented into
- Paints and coatings
- Adhesives and sealants
- Paper and cardboard
Based on end-use industry, the polymer emulsions market is segmented into
- Building and construction
- Chemical products
- Textiles and Coatings
Polymer emulsions market: regional outlook
In 2020, Asia-Pacific is the largest and fastest growing global polymer emulsions market, followed by North America. Growth in the Asia-Pacific region is driven by increasing urbanization and expanding transportation. Manufacturers are attracted to the area due to the availability of raw materials, land, machinery and equipment and skilled laborers at lower wages. The North American region is expected to increase at a healthy CAGR during the forecast period owing to the increasing growth of the automotive industry. Changing lifestyles and increasing purchasing power can be attributed to the region’s growth. Several industries in the European region such as paint and coating as well as innovation for green technologies are supporting the global demand for polymer emulsion. The Middle East and Africa (MEA) is expected to forecast market growth owing to the increase in building and construction activities.
Polymer Emulsions Market: Competitive Landscape
Leading companies in the polymer emulsions market are DIC Corporation, The Dow Chemical Company, BASF SE, Arkema SA.
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Other companies include Celanese Corporation, Trinseo, The Lubrizol Corporation, Wacker Chemie AG, Synthomer Plc, Asahi Kasei Corporation, Momentive performance materials Incorporated, Allnex, Dairen Chemical Corporation, Halltech Incorporated, Mallard Creek Polymers Incorporated, Stanchem polymers, Specialty Polymers Incorporated, Visen Industries Limited, Cytec (Solvay), Kamsons Chemicals Private Limited, Scott Border Company Limited, Apcotex Industries Limited, Pexichem Private Limited, Clariant International, Engineering Polymer Solutions.
- In June 2020, Celanese Corporation signed an agreement with Azelis Megafarma to supply emulsion polymers to Mexico.
- Synthomer plc purchased Omnova Solutions Inc., a specialty chemical company and leading manufacturer of water-based polymer solutions, in April 2020. With this purchase, the business will be able to enhance the market for polymer emulsions and to have good operational capabilities throughout the world. .
The Polymer Emulsions Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of industry/regional outlook with market players in the respective segment and region/country. The information concluded in the report includes contributions from industry participants and industry experts across the value chain.
Polymer Emulsion Market Report Covers Comprehensive Analysis on:
- Market Segmentation and Regional Analysis
- 10 year market size
- Price analysis
- Supply and demand analysis
- Product life cycle analysis
- Porter’s Five Forces and Value Chain Analysis
- Analysis of developed and emerging economies
- PEST analysis
- Factor analysis of the market and forecasts
- Opportunities, risks and market trends
- Conclusion and recommendation
- Regulatory landscape
- Patent Analysis
- Competition landscape
- More than 15 company profiles
Regional Analysis of Polymer Emulsions Market Includes:
- North America (United States, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA
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Polymer emulsions market: target audience
- Manufacture of polymer emulsions
- Distributors of polymer emulsions and suppliers of raw materials
- Tier 1 Component Suppliers
- Polymer emulsion battery manufacturers
- Research institutions and universities
- Trade publications and magazines
- Government authorities, associations and organizations
- Independent Aftermarket Players