The “Polymer Emulsion Market” 2023-2031 Research Report affords qualitative and quantitative insights into the principal drivers, constraints, opportunities, and challenges influencing world markets growth. The find out about offers complete statistical market records on the leading players, as nicely as income predictions. This market lookup additionally presents statistics on the income boom of numerous regional and country-level markets, as properly as the opposition panorama and unique organization analyses for the projected period. The Polymer Emulsion Market Report covers potential improvement drivers as properly as the modern-day kingdom of market share, penetration of a number of kinds, technologies, applications, and areas thru 2031.
The global polymer emulsion market size was US$ 27.7 billion in 2021. The global polymer emulsion market is forecast to grow to US$ 51.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period from 2022 to 2030.
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Factors Influencing the Market
Polymer emulsions are deployed to manufacture paints, adhesives, coatings, offset inks, paperboards, construction chemicals, and textiles. The wide applications of this product in Building and Construction, Automotive, Chemicals, Textile and Coatings, and others are likely to drive the growth of the overall market during the forecast period.
Stringent VOC emission regulations will benefit the global polymer emulsion market. Furthermore, rising awareness about the damaging environmental impact of solvent-based products will escalate the market growth in the coming years.
Growing urbanization and industrialization will contribute to the growth of the polymer emulsion market.
The growing demand for waterborne acrylic dispersion is forecast to benefit the global polymer emulsion market. Rising competition amongst industry players for technological advancements will propel the market forward. Celanese Corporation inked a pact with Azelis firm Megafarma in June 2020 to offer emulsion polymers in Mexico.
COVID-19 Impact Analysis
To avoid the spread of coronavirus, companies had to shut down their manufacturing operations. The construction, automobile, pharmaceutical, textile, and coatings industries had to close the doors to comply with the government regulations. Moreover, the demand for residential development has been declined due to the COVID-19 pandemic. Chemical processing businesses have also halted operations. Thus, it negatively impacted the global polymer emulsion market during the study period.
Regional Analysis
Asia-Pacific polymer emulsion market is forecast to grow at the fastest rate, owing to growing urbanization and increasing transportation segment in the region. In addition, the presence of readily accessible machinery, raw material, land, equipment, and skilled laborers at low wages will drive the market forward. The polymer emulsion market is forecast to witness significant growth in North America due to the growing automotive industry. In addition, changing lifestyles and growing consumer spending on power will benefit the polymer emulsion market during the study period.
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Competitors in the Market
- BASF SE
- Arkema SA
- 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
- Speciality Polymers Incorporated
- Visen Industries Limited
- Cytec (Solvay)
- Kamsons Chemicals Private Limited
- Scott Border Company Limited
- Apcotex Industries Limited
- Pexichem Private Limited
- Clariant International
- Engineered polymer solutions
- Other Prominent Players
Market Segmentation
The global polymer emulsion market segmentation focuses on Type, Application, End-Use, and Region.
Based on the type, the polymer emulsion market is segmented into –
- Acrylic Polymer Emulsion
- Vinyl Acetate Polymer Emulsion
- SB Latex
Based on its application, the polymer emulsion market is segmented into-
- Paints and Coatings
- Adhesives and Sealants
- Paper and Paperboard
Based on end-use industry, the polymer emulsion market is segmented into-
- Building and Construction
- Automotive
- Chemicals
- Textile and Coatings
- Others
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Based on region, the polymer emulsion market is segmented into-
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
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