A
research study titled, “Emulsion Polymers Market by Product, Application, Source
Type, and Modality - Global Industry Analysis and Forecast To 2025” published
by Crystal Market Research, states that the Emulsion Polymers Market is
projected to be around $56.28 billion by 2025.
The
global Emulsion Polymers market was worth USD
33.57 billion in the year of 2016 and is expected to reach approximately USD
56.28 billion by 2025, while registering itself at a compound annual growth
rate (CAGR) of 5.91% during the forecast period. An emulsion is a combination
of two or more than two liquids that are commonly unmixable. Emulsion polymer
is a kind of polymer that is derived from the emulsion of monomer, surfactants and water. The most generic kind of
polymers is oil-in-water emulsion. Emulsion polymers have more molecular weight
that leads to rapid polymerization. Emulsion polymers are referred to as green
products that result in eco-friendly procedures of paintings and coatings.
Various types of emulsion polymers are styrene- butadiene latex, acrylics and
Vinyl acetate polymers that are extensively used in a wide range of
applications like adhesives and sealants, paint, coatings and paper and
paperboard. Due to its low content of violate organic compounds (VOCs) emulsion
polymers are swiftly replacing conventional dispersions that are solvent-based.
They are also used in non-woven fabrics and carpets.
Increasing utilization of the emulsion polymer in
applications like paints, coatings and adhesives is one of the major factors
that boost the growth of this market. The ability of emulsion polymers to dry
quickly and provide water resistance increases its demand as superabsorbent
polymers and in personal care products. Increasing number of construction
projects in emerging economies is one of the factors that fuel the growth of
this market. In addition, utilization of enhanced adhesives and coatings in the
automotive industry is expected to have a significant impact on the growth of
this market. Additionally, rising concerns associated with the environment have
forced the authorities that include Environmental Protection Agency (EPA) to
enforce strict regulations to focus on increasing the usage of products that
are bio-based and decrease the injurious effects on the environment. Rising
awareness among consumers in regard with green building is said to boost the
growth of this market.
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On the basis of type the emulsion polymer market is segmented
into Vinyl Acetate Polymers, Polyurethane Dispersions, Styrene Butadiene Latex
and Acrylic. On the basis of application the market is segmented into Adhesive
& Sealants, Paper & Paperboard, and Paints & Coatings. On the basis
of end use industry the market is segmented into Building & Construction,
Chemicals, Automotive, and Textile & Coatings. The leading companies in
this market are Wacker Chemie AG, Momentive Performance Materials, DOW Chemical
Company, Trinseo, DIC Corporation, Arkema and OMNOVA Solutions. Geographically,
the market is segmented into Europe, Asia Pacific, North America and Rest of
the world.
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Key
findings of the emulsion polymer market
- The demand of the global emulsion
polymer market was 13.36 million tons in the year 2015 and is anticipated
to reflect substantial growth in the following years.
- The leading segment of application
was paints and coatings in the year 2015 that accounted more than 35
percent of the market share. Increasing construction projects in the
Middle East, South Korea, India and China are anticipated to boost the
growth of this market.
- The leading regional market was Asia
Pacific that accounted a share more than 35 percent in 2015. Rising urban
construction has increased the consumption of paint which is anticipated
to boost the market growth.
- Along with the major companies in
the market, the aim of mid-sized manufacturers to increase their presence
is to enhance the product.
The global
emulsion polymers market is segmented as follows-
By
Product Type
- Polyurethane Dispersions
- Acrylic
- Vinyl Acetate Polymers
- Styrene Butadiene Latex
- Other Product Type
By
Application
- Paper & Paperboard
- Adhesive & Sealants
- Paints & Coatings
- Other Applications
By
End User
- Automotive
- Building & Construction
- Textile & Coatings
- Chemicals
- Other End User
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