Polymer Emulsion Market Research Report
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Global Polymer Emulsion Market
According to GMI Research, the Polymer Emulsion Market will see a rise in demand during the forecast period. This is because of the growing demand from enormous end-use industries in developing nations, mounting consciousness about green buildings, and altering the lifestyle of consumers.
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Introduction of the Polymer Emulsion Market
According to the polymer emulsion market global forecast, Emulsion polymers refer to the product-by-process materials whose features are entirely determined in the reactor. They are used as solid materials because of their high molecular weight and in the formation of floor polish, cosmetics, and drug delivery systems.
Key Players of the Market:
• Wacker Chemie AG
• Synthomer plc
• Engineered Polymer Solutions
• DIC CORPORATION
• Celanese Corporation
• The Lubrizol Corporation
• Akzo Nobel N.V.
• BASF SE
Polymer Emulsion Market Dynamics
The surging implementation of adhesives for coating in the automotive sector as a result of the accelerating number of vehicles each year and the robust demand across the textile, transportation, and consumer durables industry is fuelling the growth of the global polymer emulsion market. In addition, their increasing acquisition across pharmaceutical industries to produce new and contemporary drug delivery systems will boost the market growth. Further, the increasing inclination of consumers towards eco-friendly and less discharge of VOC paints and coatings has raised the adoption of polymerization, further adds to the market growth.
Moreover, the accelerating urban population and the drift towards appealing economic expansion have raised the growth of ASEAN countries, thereby propelling the market growth. On the other hand, the fluctuation in the accessibility of raw materials and inflated price tags, like the amplification in the prices of crude oil, will hinder market growth. The spread of the coronavirus pandemic has halted the overall production of materials influencing the demand-supply chain has hampered the polymer emulsion market size.
Product Type Segment Drivers
On the basis of the type of product, the market is divided into styrene-butadiene latex, vinyl acetate, acrylics, and others. Among these, vinyl acetate is predicted to witness a faster growth because of its augmenting application across automotive, construction, and buildings. For example, it provides remarkable adhesion in the automotive industry required for interior pasting and setup. In addition to this, as per the polymer emulsion market research report, their surging implementation on paper and wood manufacturing fabric is propelling the market demand.
End-Use Industry Segment Drivers
As per the end-use industry, the building and construction sector will bolster at a faster rate during the forecast period. This is attributed to the rigorous demand for polymer emulsion in elastomeric wall coatings and architectural paints.
Polymer Emulsion Market Segmentation:
Segmentation by Product type
• Acrylic Polymer Emulsion
• Vinyl Acetate Polymer Emulsion
• SB Latex
Segmentation by Application
• Paints & Coatings
• Adhesives & Sealants
• Paper & Paperboard
Segmentation by End Use Industry
• Building & Construction
• Textile and Coatings
Segmentation by Region:
• Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
• North America
o United States of America
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
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