Emulsion Polymers Market Overview
Market Research Future (MRFR) announces the publication of its research report Global Emulsion Polymers Market, 2022.
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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Emulsion Polymers Market 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).
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.
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