Global Polymer binders market was valued at US$ 22.04 Bn in 2017, and is estimated to reach US$ 38.67 Bn by 2026 growing at a CAGR of 7.28 % during forecast. Polymer binders have revolutionized the construction and paint industry. Polymer binders enhance two critical characteristics of all mortars and coatings that is adhesion and flexibility. Polymer binders ensure the quality of buildings and prolong their life expectancy while reducing material consumption. Rising consumption led by growth in the construction activities. In addition, the increased demand for technical textiles and automotive drives the demand for polymer binders. Polymer binders are mostly used as mortar additives for the performance modifications of mortars. Collaborative approach to new product development builds and differentiating technologies. Strong manufacturing grid, R&D centers, and application facilities in Europe, Asia Pacific, and the Americas further propels the market growth. Polymer Binders are used in paint & coating formulations. Construction industry drives the demand for architectural coatings and additives thereby positively impact on the growth of the polymer binders market. Diverse classes of polymers have been developed for binder applications, in order to meet the dual objectives of insensitivity and high performance. An Aqueous Inorganic Polymer Binder for High Performance Lithium−Sulfur Batteries with Flame-Retardant Properties. Skim coat/ wall putty, tile grouts, renders and plasters, tile adhesives, self-leveling systems, waterproofing membranes, cement admixtures and etc. Vinyl acetate is projected to be the fastest-growing type segment of the polymer binders market. Vinyl acetate offers an excellent pigment binding capacity and excellent oil & grease and dust resistance. Vinyl acetate coating binders has a positive impact in a cost and quality sensitive marketplace. Paper coating binders including vinyl acetate are used extensively in North America for their offerings to brightness, opacity, porosity, and stiffness. Acrylic uses highly functional technologies. Acrylic binders is suitable for a wide range of applications, including non-woven fabric processing, textile processing, leather processing, paper processing, use in inks, etc. Latex binders are majorly used for pigment coating of paper and board. Asia Pacific is projected to be the fastest-growing polymer binders market. Rapid industrialization and urbanization in Asia pacific region led by emerging countries, such as India, China, and South Korea. Infrastructure development like construction of building, roadways, pipes and bridges in the Middle East and Africa uses a polymer binder on a large scale. Upcoming constructions and infrastructure projects including new roads, dams, upgrading of sewerage system in the countries of Latin America and China will considerably use polymer binder, this, in turn, will create an opportunity for the industries and market. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding polymer binder market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in polymer binder market.
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