Polymer emulsions have witnessed significant growth and adoption in various industries, thanks to their versatile properties and eco-friendly nature. These emulsions are water-based dispersions of polymers, where the particles are uniformly dispersed in water. With their ability to enhance performance characteristics and offer sustainable solutions, polymer emulsions have become a preferred choice in sectors such as paints and coatings, adhesives, textiles, and paper coatings, among others. This article delves into the thriving polymer emulsion market, highlighting key factors contributing to its growth and future prospects. According to the new market research report “Polymer Emulsion Market by Type (Acrylic Polymer Emulsion, Vinyl Acetate Polymer Emulsion, SB Latex), Application (Paints & Coatings, Adhesives & Sealants, Paper & Paperboard), End-Use Industry, Region – Global Forecast To 2025″, published by MarketsandMarkets™, 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.
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96 – Market Data Tables
46 – Figures
247 – Pages
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Expanding Applications:
The polymer emulsion market has experienced remarkable growth due to its wide range of applications. In the paints and coatings industry, polymer emulsions provide excellent film formation, adhesion, and durability properties, making them ideal for architectural coatings, automotive paints, and industrial coatings. Moreover, the adhesives industry has witnessed a surge in demand for polymer emulsions due to their ability to enhance bonding strength, flexibility, and water resistance, making them suitable for applications in construction, woodworking, packaging, and textiles.
Growing Environmental Awareness:
One of the key drivers of the polymer emulsion market is the increasing emphasis on sustainability and environmental consciousness. Polymer emulsions are inherently eco-friendly as they are water-based and have lower levels of volatile organic compounds (VOCs) compared to solvent-based alternatives. This has led to their widespread adoption as a greener alternative across industries, aligning with stricter environmental regulations and consumer preferences for sustainable products.
Acrylics segment is estimated to dominate the overall polymer emulsion market
The acrylics segment accounts for the largest share of the overall polymer emulsion market. The market for this segment is also witnessing the highest growth rate. 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.
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Paints & coatings is the largest application in the polymer emulsion market
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.
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.
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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.
