Paints & coatings is the largest application in the polymer emulsion market

The global polymer emulsion market size is projected to grow from an estimated value of USD 25.2 billion in 2020 to USD 38.1 billion by 2025, at a CAGR of 8.6% during the forecast period. The growth of the market is driven mainly by the increasing demand from growing end-use industries in emerging markets and stringent regulations regarding VOC emission.

The paints & coatings segment is the largest consumer of polymer emulsion. The growth of the market is attributed to the high demand in industries, such as construction and automotive. Polymer emulsion is used widely in paints & coatings as its manufacturing process has a lower carbon footprint. The high VOC content of solvent-based products and the implementation of government regulations regarding air pollution control has stimulated the development of low VOC paints & coatings. This increased the demand for water-based paints & coatings, which in turn, drive the growth of polymer emulsions in the paints & coatings segment.

To know about the assumptions considered for the study download the pdf brochure

Building & construction is the largest end-use industry in polymer emulsion market

The building & construction end-use industry is the largest consumer of polymer emulsion. The growth of the market in this segment is attributed to the high demand for polymer emulsion in architectural paints, deck & trim paints, and elastomeric wall coatings, among others. Excellent durability and high water resistance drive its demand in the end-use industries.

APAC is projected to be the largest polymer emulsion market

APAC is the largest and fastest-growing market for polymer emulsion. The region is witnessing growth in the polymer emulsion market because of the rapid expansion of building & construction, consumer durables, and transportation sectors. The manufacturers are attracted to the region as skilled labor required for the operation of manufacturing units is available at lower wages. The presence of major polymer emulsion manufacturers and stringent government regulation related to VOC emission are major factors supporting the growth of polymer emulsion in the region.

DIC Corporation (Japan), Dow Chemical Company (US), BASF SE (Germany), Arkema Group (France), Celanese Corporation (US), Trinseo (US), The Lubrizol Corporation (US), Wacker Chemie AG (Germany), Synthomer Plc (UK), and Asahi Kasei Corporation (Japan) are the major players in the polymer emulsion market.

Don’t miss out on business opportunities in Polymer Emulsion Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

The Dow Chemical Company (US), and BASF SE (Germany) are Key Players in Polymer Emulsion Market

 

The global polymer emulsion market size is estimated at USD 25.2 billion in 2020 and is projected to reach USD 38.1 billion by 2025, at a CAGR of 8.6%, between 2020 and 2025. Monomers dissolved in water are known as polymer emulsions. They are formed by a chain reaction known as emulsion polymerization. They are also known as waterborne polymers due to their water content. Polymer emulsions are used increasingly as substitutes for solvent-based polymers. Polymer emulsions have high molecular weight and are considered eco-friendly as they have low VOCs. The key applications of polymer emulsion are paints & coatings, paper & paperboard, adhesives & sealants, and others.

APAC is the largest and fastest-growing market for polymer emulsion. The region is witnessing growth in the polymer emulsion market because of the rapid expansion of building & construction, consumer durables, and transportation sectors. The manufacturers are attracted to the region as skilled labor required for the operation of manufacturing units is available at lower wages. The presence of major polymer emulsion manufacturers and stringent government regulation related to VOC emission are major factors supporting the growth of polymer emulsion in the region.

To know about the assumptions considered for the study download the pdf brochure

The key players in the blowing agents market are DIC Corporation (Japan), Dow Chemical Company (US), BASF SE (Germany), Arkema Group (France), Celanese Corporation (US), Trinseo (US), The Lubrizol Corporation (US), Wacker Chemie AG (Germany), Synthomer Plc (UK), Asahi Kasei Corporation (Japan), and others. These players adopt various developmental strategies such as expansions, new product development, agreement, and acquisitions to expand their market share.

The Dow Chemical Company is the largest player in the polymer emulsion market. The company serves various high-growth end-markets, offering an extensive product portfolio that includes all types of polymer emulsions. The company is backward integrated, offering waterborne resins, surfactants, binders, and other products. The company adopted both organic and inorganic strategies, including expansion and agreement between 2016 and 2019.

For instance, in 2018, the company opened a regional sales center located in Toronto, Canada, to address the demand for Canadian customers. These strategies have helped the company to strengthen its position in the North American market.

BASF SE is the second-largest player in the polymer emulsions market. The company offers a wide range of polymer emulsions as well as raw materials such as surfactants and binders which are used to manufacture polymer emulsion.

In 2018, the company expanded its production facilities of Joncryl water-based emulsion at its Ludwigshafen site. This has strengthened the company’s position as one of the leading manufacturers of water-based resin as well as emulsion polymers products.

Don’t miss out on business opportunities in Polymer Emulsion Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Rising demand for bio-based polymer emulsion driving the Polymer Emulsion Market

The global polymer emulsion market size is projected to grow from an estimated value of USD 25.2 billion in 2020 to USD 38.1 billion by 2025, at a CAGR of 8.6% during the forecast period. The growth of the market is driven mainly by the increasing demand from growing end-use industries in emerging markets and stringent regulations regarding VOC emission.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1269

Rising environmental concerns and increasing competition amongst market players have encouraged manufacturers to continuously make technological advancement and increase the use of bio-based or green products. This is increasing the demand for lower VOC products, which uses renewable materials as their feedstock.

The acrylics segment accounts for the largest share of the overall polymer emulsion market. Acrylic polymer emulsion is used widely in various applications due to its properties, such as low VOC emission and excellent durability. It is also preferred in multiple end-use applications due to its versatility. Acrylics are used to prepare polymers with rigid, flexible, ionic, nonionic, hydrophobic, or hydrophilic properties. They are transparent, have resistance to breakage, provide excellent finish gloss, improved adhesion to non-porous surfaces, and flow and stability. They are also commonly known as polyacrylates.

Paints & coatings is the largest application

The growth of the market is attributed to the high demand in industries, such as construction and automotive. Polymer emulsion is used widely in paints & coatings as its manufacturing process has a lower carbon footprint. The high VOC content of solvent-based products and the implementation of government regulations regarding air pollution control has stimulated the development of low VOC paints & coatings. This increased the demand for water-based paints & coatings, which in turn, drive the growth of polymer emulsions in the paints & coatings segment.

APAC is the largest and fastest-growing market for polymer emulsion. The region is witnessing growth in the polymer emulsion market because of the rapid expansion of building & construction, consumer durables, and transportation sectors. The manufacturers are attracted to the region as skilled labor required for the operation of manufacturing units is available at lower wages. The presence of major polymer emulsion manufacturers and stringent government regulation related to VOC emission are major factors supporting the growth of polymer emulsion in the region.

DIC Corporation (Japan), Dow Chemical Company (US), BASF SE (Germany), Arkema Group (France), Celanese Corporation (US), Trinseo (US), The Lubrizol Corporation (US), Wacker Chemie AG (Germany), Synthomer Plc (UK), and Asahi Kasei Corporation (Japan) are the major players in the polymer emulsion market.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1269

Increased the demand for water-based paints & coatings drive the growth of polymer emulsions

The global polymer emulsion market size is projected to grow from an estimated value of USD 25.2 billion in 2020 to USD 38.1 billion by 2025, at a CAGR of 8.6% during the forecast period. The growth of the market is driven mainly by the increasing demand from growing end-use industries in emerging markets and stringent regulations regarding VOC emission.

Download PDF Brochure to Know More: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1269

The paints & coatings segment is the largest consumer of polymer emulsion. The growth of the market is attributed to the high demand in industries, such as construction and automotive. Polymer emulsion is used widely in paints & coatings as its manufacturing process has a lower carbon footprint. The high VOC content of solvent-based products and the implementation of government regulations regarding air pollution control has stimulated the development of low VOC paints & coatings. This increased the demand for water-based paints & coatings, which in turn, drive the growth of polymer emulsions in the paints & coatings segment.

There is an increasing demand for polymer emulsion from various end-use industries such as paper, construction, textile, transportation, consumer durables, and others due to factors such as rapid urbanization, changing lifestyles, and growing disposable income. The use of polymer emulsion is rapidly increasing in these end-use industries for applications such as paints & coatings, adhesives & sealants, and others.

APAC is the largest and fastest-growing market for polymer emulsion. The region is witnessing growth in the polymer emulsion market because of the rapid expansion of building & construction, consumer durables, and transportation sectors. The manufacturers are attracted to the region as skilled labor required for the operation of manufacturing units are available at lower wages. The presence of major polymer emulsion manufacturers and stringent government regulation related to VOC emission are major factors supporting the growth of polymer emulsion in the region.

Key Market Players

DIC Corporation (Japan), Dow Chemical Company (US), BASF SE (Germany), Arkema Group (France), Celanese Corporation (US), Trinseo (US), The Lubrizol Corporation (US), Wacker Chemie AG (Germany), Synthomer Plc (UK), and Asahi Kasei Corporation (Japan) are the major players in the polymer emulsion market.

These companies have adopted several growth strategies to strengthen their position in the market. Expansion, new product development, merger & acquisition, and collaboration are the key growth strategies adopted by these players to enhance their product offering & regional presence to meet the growing demand for the polymer emulsion market from emerging economies.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1269

Increasing demand in emerging economies is expected to drive the growth of the polymer emulsion market

The polymer emulsion market size in 2018 was estimated to be USD 29.8 billion and is projected to reach USD 42.9 billion by 2023, at a CAGR of 7.6%. The polymer emulsion market is driven by the demand and dynamic applications in building & construction, automotive & transportation, and other industries. Factors such as stringent government regulation related to VOC emissions and increasing awareness towards environment-friendly products are driving the consumption of polymer emulsion. However, volatile raw material prices adversely affect the growth of the polymer emulsion market.

Download the PDF Brochure for more insight @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1269

On the basis of type, the market is segmented into acrylics, vinyl acetate polymers, SB latex, and other polymer emulsions. The acrylics segment accounts for the largest share of the overall polymer emulsion market. The acrylics segment is also projected to witness the highest CAGR between 2018 and 2023. They are in high demand in a wide range of applications due to their superior properties such as durability and versatile nature. These are widely used in paints & coatings and adhesives applications. The vinyl acetate polymers segment accounts for the second-largest share of the overall polymer emulsion market. The high demand for vinyl acetate is due to its low price and wide usage in the construction industry.

On the basis of application, the market is segmented into paints & coatings, adhesives & sealants, paper & paperboard, and others. The polymer emulsion market is expected to witness the highest growth in the paper & paperboard segment during the forecast period. This growth is attributed to the increasing demand for polymer emulsion coated paper & paperboard for flexible packaging applications. The paints & coatings segment is the largest consumer of polymer emulsion. It is widely used in this segment because of its low VOC content and ease in storage and handling.

The APAC polymer emulsion market is projected to witness the highest CAGR between 2018 and 2023. The market in the region is dominated by China. The need to reduce VOC emissions and the growing demand from end-use applications such as paints & coatings and adhesives are driving the demand for polymer emulsion in the region. The rapid expansion of the building & construction and related infrastructure, increasing manufacturing activities, increasing disposable income, and strong economic growth is expected to further propel the growth of the polymer emulsion market.

Read More: https://www.marketsandmarkets.com/PressReleases/emulsion-polymers.asp

Expansion was the Key Strategy Adopted by the Leading Players of the Polymer Emulsion Market

The polymer emulsion market size is expected to grow from USD 29.8 billion in 2018 to USD 42.9 billion by 2023, at a CAGR of 7.6%. The global polymer emulsion market is expected to be driven by growing end-use industries such as automotive & transportation and building & construction, especially in the emerging economies. Stringent governmental regulations such as REACH Europe and the Clean Air Act as well as growing awareness towards green building are also driving the polymer emulsion market.

The polymer emulsion market’s competitiveness is continuously increasing with growing demand from various end-use industries. Major polymer emulsion players have adopted various strategies to capture market share and retain their position in the market.  DIC Corporation (Japan), DowDuPont (US), BASF SE (Germany), Arkema Group (France), Celanese Corporation (US), Trinseo (US), The Lubrizol Corporation (US), Wacker Chemie AG (Germany), Synthomer Plc (UK), and Omnova Solutions Inc. (US) are the key players in the polymer emulsions market.

To know about the assumptions considered for the study download the pdf brochure

DowDuPont (US) is the largest player in the market. In May 2018, The Dow Chemical Company, subsidiary of DowDuPont, opened a new Eastern Canada Regional Sales Center in Toronto. The center will serve as a strategic commercial hub for Dow and will increase collaboration and address the needs of Canadian customers. Furthermore, in May 2017, the company signed two agreements to advance Dow’s strategic innovation agenda in the Kingdom of Saudi Arabia. The company will construct a state-of-the-art manufacturing facility to manufacture a range of water-treatment and coatings products. The new facility will serve the country’s need with an innovative range of acrylic-based polymers for architectural and industrial coatings as well as detergent and water-treatment applications.

BASF SE (Germany) is the second-largest player in the market. The company produces a broad range of polymer emulsion for different applications. In March 2018, the company expanded its production facility of Joncryl water-based emulsions at its Ludwigshafen site. This will strengthen the company’s position as a leading manufacturer of water-based resin and emulsion which are used in overprint varnishes, printing inks, as well as functional coatings for flexible packaging and paper & board applications. This is one of the major expansion strategies adopted by the player in the market.

Celanese Corporation (US) maintains its key position by adopting expansion as a strategy in the polymer emulsion market.  In September 2016, the company started production at its newest VAE production unit in Jurong Island, Singapore. This will meet the growing demand for eco-friendly materials in the Southeast Asia region and will support the company’s strategy to add production facilities close to its customer base. In the same year, the company expanded its vinyl acetate/ethylene emulsion product portfolio with the addition of Celvolit 149HV at its Nanjing, China plant. This positioned the company to deliver greater value in adhesive applications to their customers.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst