Polymer Emulsion Market by Type (Acrylics, Vinyl Acetate Polymers, SB Latex), Application (Paints & Coatings, Adhesives & Sealants, Paper & Paperboard) and Region (North America, Europe, APAC, South America, Middle East & Africa) - Global forecast to 2023
“The polymer emulsion market is projected to register a CAGR of 7.6% between 2018 and 2023.”
The polymer emulsion market size is projected to grow from USD 29.8 billion in 2018 to USD 42.9 billion by 2023, at a CAGR of 7.6%. The large market size is attributed to the high demand from building & construction, automotive & transportation, and industrial sectors in countries such as China, Japan, and India, among others. Stringent governmental regulations such as REACH Europe and Clean Air Act are also driving the polymer emulsion market. Polymer emulsions have high molecular weight and are considered environment-friendly as they have low VOCs. Increased use of bio-based polymers offers growth opportunities for the market. However, volatile raw material prices act as a restraint to the growth of the polymer emulsion market.
“Acrylic-based polymer emulsion segment is estimated to be the fastest-growing type in the overall market during the forecast period.”
The acrylic-based polymer emulsion segment is expected to witness the highest growth rate in the overall polymer emulsion market during the forecast period. Acrylic-based polymer emulsions are categorized into pure acrylics and acrylics polymer & copolymer. Acrylics are widely used because of their high durability, lack of VOC content, and excellent versatility. The segment is also projected to register the highest CAGR between 2018 and 2023. Vinyl acetate polymer is the second-largest segment. It has good resistance against aging, low cost, and is widely used in the construction and packaging industries.
“The APAC polymer emulsion market is projected to witness the highest CAGR during the forecast period.”
The APAC polymer emulsion market is projected to register the highest CAGR between 2018 and 2023. The growth in the APAC region can be attributed to the rapidly increasing consumption of polymer emulsion in applications such as paints & coatings, paper & paperboard, carpet backing, and adhesive & sealants. Increasing infrastructure development, expansion in industrial & automotive sectors, strong economic growth, and increasing disposable income is driving the demand for polymer emulsion in different applications.
Breakdown of the profiles of primary interviewees:
By Company Type - Tier 1 - 45%, Tier 2 - 30%, and Tier 3 - 25%
By Designation - C Level - 25%, Director Level - 45%, and Others - 30%
By Region - North America - 10%, Europe - 20%, APAC - 50%, Middle East & Africa - 10%, and South America - 10%
Some of the key companies profiled in this report are DIC Corporation (Japan), DowDuPont (US), BASF SE (Germany), Arkema Group (France), and Celanese Corporation (US), among others.
The report covers the polymer emulsion market and its use in different applications across different regions. It estimates the size of the polymer emulsion market for 2018 and forecasts the growth potential of the market across different segments. The report also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies adopted by them.
Key benefits of buying the report
This research report focuses on various levels of analysis, which include industry analysis (industry trends) and company profiles. These insights present views on the competitive landscape, emerging and high-growth segments of the polymer emulsion market, high-growth regions, and drivers, restraints, opportunities, and challenges for the polymer emulsion market.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on polymer emulsion offered by the top players operating in the market
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the polymer emulsion market
Market Development: Comprehensive information about lucrative and emerging markets; analyzes markets for polymer emulsion in different regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the polymer emulsion market
Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the leading players in the polymer emulsion market
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