Emulsion Polymers Market Analysis, Size, Share, Growth, Trends and Forecast 2025
Emulsion Polymers Market Overview
Emulsion
polymers are obtained via polymerization of monomer, surfactants, and water. A
new report on the global emulsion polymers market, published by Market Research
Future (MRFR), envisions that this market can look at expansion between 2016
and 2022. In terms of money value, the market can be worth USD 4,317.10 Mn by
the end of the forecast period.
The
greatest market driver for the global emulsion polymers market growth is high
pacing demand for emulsion polymers. The demand is rising due to the robust
industry growth of various products whose manufacturing requires emulsion
polymers on an essential level. Emulsion polymers are waterborne solvents. As
monomer dissolves in water, it can act as a substitute for many solvent-borne
polymers. Its low volatile organic compound (VOC) property makes it worthy.
Benefits of the monomer also include high molecular weight and better
recyclability due to which its demand is increasing in many end-user
industries. The increasing demand for paints & coatings in the automotive
sector and building & construction sector is also boosting the market
demand as well as growth. Other market drivers for the global emulsion polymers
market growth include the replacement of solvent-borne polymers with
eco-friendly waterborne polymers made from emulsion polymers growing
environmental concern regarding solvent-borne polymers and growing
environmental concern regarding such polymers. However, volatile prices of
crude oil can hurt the market growth as emulsion polymers derived from crude
oil and natural gas.
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Report @ https://www.marketresearchfuture.com/reports/emulsion-polymers-market-2206
Key Players
Big
players in the global emulsion polymers market are Arkema Co. (France),
Celanese Corporation (USA), BASF SE (Germany), The Dow Chemical Company (USA),
Dī Ai Shī Kabushiki-gaisha (DIC) Corporation (Japan), Koninklijke DSM N.V. (Netherlands), Nuplex
Industries Ltd (Australia), Omnova Solutions Inc. (USA), Trinsea Co. (USA), and
Wacker Chemie AG (Germany).
Market Segmentation
The global
emulsion polymers market segmentation encompasses application and types. MRFR’s
take on the market marks various facets of the market in-depth.
The
application-based segmentation of this market covers adhesive & sealants,
paper & paperboards, paint & coatings,
and others. The paint & coatings application sector holds 30% of the
market share due to increasing demand from the automotive industry as well as
the construction industry. The emulsion polymers are used for improving the
quality of paints and coatings. Manufacturers of paints want to manufacture
paints with better quality, higher strength, and enhanced heat sensitivity.
Hence, the market is adopting new technology that subsequently increases usage
of emulsion polymers. Other factors that support the growth of paint &
coatings application sector include growing demand of adhesives in the
automotive industry and the aerospace industry, changing the lifestyle of
consumers, and improving gross domestic products (GDPs) of developing nations.
By type,
the market includes acrylics, styrene-butadiene latex, polyurethane
dispersions, vinyl acetate polymers, and
others. The acrylic-based emulsion polymers segment generates revenue that is
higher than other segments, due to its properties like quick drying ability and
water resistance. Not only acrylic dries the paints quickly, but it also
provides good adhesion, strength, and quality. Hence, the demand, sales, and
use of acrylic are increasing in the paints & coatings industry, and thus,
the emulsion polymers market is also expanding. The market for vinyl acetate
polymers is also surging due to increased output of water-based adhesive,
paper, and wood manufacturing.
Regional Segmentation
A
geographical outlining of the global emulsion polymers market covers the Asia
Pacific, North America, Europe, and Rest of the World (RoW).
The Asia
Pacific has the potential to provide much thrust to construction activities.
The paints & coating industry is also expanding in this region. In
developing countries including China and India, the demand for paints &
coatings increasing with the need for adhesives. Hence, the demand and market
are growing for acrylics too. The acrylic products are required for
infrastructure development for which the demand for construction material leads
to the growth of construction sector as construction of new buildings would
lead to development of infrastructure and market growth for emulsion polymers.
Japan is another economy in this region that has the potential of emerging as a
powerful country-specific market.
In Europe
and North America, the market can grow steadily. The USA is the strongest
economy in North America. In USA, the market growth for emulsion polymers
slowed down due to recession. Maximum demand, as well as maximum reduction for
paints & coatings, happened in the automotive industry and construction
industry. As North America and Europe have more advanced infrastructure
compared to the Asia Pacific region, the market in these regions can be stable
but to grow, it cannot pick up the pace of Asia Pacific market. Stringent
regulations from governments in Europe regarding chemical emission in the
environment have reduced the demand for emulsion polymers in this region.
Canada is another important economy that has the potential to become an
important country-specific market in North America. In Europe, such economies
are France, Germany, and the UK.
The RoW
segment covers the Middle East & Africa (MEA) region. During the assessment
period, the market in this region is likely to grow significantly due to
expanding energy resources. Due to these resources, the research &
development (R&D) of emulsion polymer is increasing.
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