The GMI Research expects the polymer emulsion market to expand at a significant rate. From a regional perspective, the Asia Pacific is projected to lead the market attributed to the high adoption of polymer emulsion in the coatings and paints. The endorsement programs for the growth of facilities by the government across the regions has fuelled the demand.
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Polymer Emulsion Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The rapid urbanization worldwide has led to an upsurge in a number of industrial activities. This has enhanced the demand for paints and coatings in which polymer emulsion is generally used. The increasing adoption rate in pharmaceutical sectors to produce novel and current drug delivery systems will further propel the growth of the polymer emulsion market. The fundamental shift towards attractive economic growth has facilitated the progression of ASEAN economies that have more capacity than all other regions. As the emulsion industry is connected with the chemical industry, various oil and gas manufacturers globally are aiding to transform their sights on the global chemical industry, which is shifting the polymer emulsion market towards healthy growth.
The growing use of adhesives for coating in the automotive sector has bolstered the growth of the polymer emulsion market owing to the rising number of vehicles per year, which is further supporting the growth of the market. The drastic shift in trend towards environment friendly and fewer VOC emissions paints and coatings has enhanced the demand and has led to the high adoption of polymerization. In addition to this, the emerging demand for emulsion polymer in several industries, such as textile, transportation, and other consumer durables, is further anticipated to stimulate the growth of the market. On the other hand, volatility in the availability of the raw material and increased price tags, including the rise in crude oil prices owing to the affected supply-demand chain after the pandemic, has adversely influenced the overall production of the material will hinder the growth of the polymer emulsion market.
Polymer Emulsion Market’s leading Manufacturers:
- Synthomer plc
- Wacker Chemie AG
- DIC CORPORATION
- BASF SE
- Trinseo
- Celanese Corporation
- The Lubrizol Corporation
- Arkema
- Akzo Nobel N.V.
- Engineered Polymer Solutions
Polymer Emulsion Market Segmentation:
Segmentation by Product type:
- Acrylic Polymer Emulsion
- Vinyl Acetate Polymer Emulsion
- SB Latex
- Others
Segmentation by Application:
- Paints & Coatings
- Adhesives & Sealants
- Paper & Paperboard
- Others
Segmentation by End-Use Industry:
- Building & Construction
- Automotive
- Textile and Coatings
- Chemicals
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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