Polymer emulsion is obtained by radical polymerization, which generally starts with an emulsion incorporating water, monomer, and surfactant. Owing to their relatively higher weight, the polymer emulsions instantly undergo polymerization. Polymer emulsions are employed in the production of many commercially significant polymers. They have very low levels of VOC contents. As a consequence, polymer emulsions have emerged as a preferred material of choice for paint & coating businesses. The Asia Pacific polymer emulsion market was valued at USD 12.46 billion in 2019 and is estimated to reach USD 18.6 billion by the end of 2024, with a CAGR of 8.34%.
Market drivers and restraints:
An increasing call for polymer emulsion is estimated to be driven by a rising need from paints and coatings, paper and paperboard and adhesives and sealants in line with the increasing population, changing lifestyle and growing disposable income. Escalated call for low VOC goods and eco-friendly goods and the requirement to comply with stringent laws in both developed and developing nations give market development possibilities.
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Report segmented as:
• SB latex
• Vinyl acetate polymers
• Paints and coatings
• Adhesives and sealants
• Paper and paperboard
China leads the Asia Pacific polymer emulsion market with a share of more than 45%, with strong call from the paint and coatings sector.
Important market players:
Major players in the global polymer emulsion market include DIC Corporation, DowDuPont, BASF SE, Arkema Group, Celanese Corporation, Trinseo, The Lubrizol Corporation, Wacker Chemie AG, Synthomer Plc, Omnova Solutions Inc., Momentive Performance Materials Inc., Dairen Chemical Corporation, Mallard Creek Polymers, Inc., Mallard Creek Polymers, Inc., Specialty Polymers, Inc., Stanchem Polymers, Visen Industries Limited, Zschimmer & Schwarz, Kamsons Chemicals Pvt. Ltd., Scott Bader Company Ltd., Apcotex Industries Limited, Pexichem Private Limited, and among others.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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