The Polymer Emulsion industry involves the production of emulsions, which are a type of liquid dispersion in which small particles of one substance are evenly distributed within another substance. In this case, polymers are dispersed within water to create 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. This report explores all the key factors affecting the growth of Polymer emulsion market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.
The scope of the Polymer Emulsion industry is quite broad as it is used in various applications such as coatings, adhesives, textiles, paper and paperboard coatings, construction, and many more. Polymer emulsions offer several advantages over traditional solvent-based coatings and adhesives, including low VOC emissions, improved adhesion, and better resistance to water, chemicals, and UV light.
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The demand for polymer emulsions has been steadily increasing in recent years due to the growing demand for environmentally friendly and sustainable products. Additionally, the construction industry has been a significant contributor to the growth of the polymer emulsion market due to the increased demand for low VOC coatings and adhesives.
Polymer Emulsion Market Key Players
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.
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.
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.
“Paints & coatings is the largest application in the polymer emulsion market”
Paints and coatings are one of the largest and most important applications in the polymer emulsion market. Polymer emulsions are widely used in the formulation of paints and coatings due to their excellent film-forming properties, adhesion, durability, and resistance to weathering and chemicals.
Polymer emulsion-based paints and coatings are used in various applications, including architectural coatings (interior and exterior), wood coatings, automotive coatings, industrial coatings, and printing inks. The demand for polymer emulsions in the paints and coatings industry is driven by the growth of the construction and automotive industries, increasing demand for eco-friendly products, and advancements in technology that have led to the development of high-performance coatings.
According to some industry reports, the paints and coatings segment accounts for more than half of the global polymer emulsion market share, and this trend is expected to continue in the coming years.
“Building & construction is the largest end-use industry in polymer emulsion market”
The building and construction industry is one of the largest and most important end-use industries in the polymer emulsion market. Polymer emulsions find extensive use in this industry due to their excellent properties such as adhesion, water resistance, durability, and flexibility.
Polymer emulsions are used in a wide range of applications in the building and construction industry, including paints and coatings, adhesives, sealants, mortars, and concrete additives. They are also used as binders in the production of various construction materials such as fiber-reinforced cementitious boards, roofing tiles, and insulation materials.
The demand for polymer emulsions in the building and construction industry is driven by the growth of the construction industry, increasing urbanization, and the need for sustainable and energy-efficient buildings. According to some industry reports, the building and construction industry accounts for the largest share of the global polymer emulsion market, and this trend is expected to continue in the coming years.
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“APAC is projected to be the largest polymer emulsion market”
The Asia-Pacific (APAC) region is projected to be the largest and fastest-growing polymer emulsion market. This growth can be attributed to several factors such as rapid industrialization, urbanization, and increasing construction and automotive activities in the region.
Countries such as China, India, and Japan are expected to be the major markets for polymer emulsions in the region due to their large population, growing middle class, and rising disposable incomes. The demand for polymer emulsions in the APAC region is driven by various end-use industries such as paints and coatings, adhesives, textiles, and paper, among others.
Moreover, several major polymer emulsion manufacturers have established their production facilities in the APAC region to cater to the increasing demand for polymer emulsions in the region. This has further fueled the growth of the polymer emulsion market in the region.
