Emulsion Polymers Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

The Global Emulsion Polymers Market Size accounted for USD 44.9 Billion in 2021 and is estimated to achieve a market size of USD 78.4 Billion by 2030 growing at a CAGR of 6.6% from 2022 to 2030. The growing use of the products in coatings, paints, and adhesives is likely to boost the emulsion polymers market growth. Furthermore, increasing the application of adhesives in the automobile coating sector is predicted to considerably contribute to the emulsion polymer market value in the coming years.

Emulsion Polymers Market Report Key Highlights

• Global emulsion polymers market revenue is estimated to expand by USD 78.4 billion by 2030, with a 6.6% CAGR from 2022 to 2030.
• Asia-Pacific emulsion polymers market share accounted for over 43% of total market shares in 2021
• Europe emulsion polymers market growth will observe highest CAGR from 2022 to 2030
• Based on type, acrylics segment accounted for over 41% of the overall market share in 2021
• Among application, Paint & coatings segment engaged more than 35% of the total market share
• Growing interest in bio-based polymer, drives the emulsion polymers market size

Emulsion polymers are obtained through the combination of monomers, surfactants, and water. Oil and water-based are the most commonly used emulsion polymers. Emulsion polymers are majorly used for paints & coatings, and automotive applications as they exhibit low VOC. Regulations such as REACH and the clean air act are the major factors driving the emulsion polymer market.

Global Emulsion Polymers Market Trends

Market Drivers

• Increasing usage of color and coating compounds in the automobile sector
• Stringent VOC emission regulations
• Growing public awareness of green buildings
• Strong application potential in the coatings and paint industries

Market Restraints

• Volatile raw material cost
• Certain emulsion polymers have a toxic nature

Market Opportunities

• Growing interest in bio-based polymer emulsions
• Rising end-use industry demand from developing nations

Emulsion Polymers Market Report Coverage

The major driving factor for the emulsion polymers market is the upsurge in demand for emulsion polymers from the paints & coatings industry. Moreover, the stringent regulations by the government towards VOC emission also support the growth of the emulsion polymers market globally. In addition, the growing awareness regarding green buildings is also one of the driving factors for the emulsion polymer market. However, the volatility in the raw material cost is likely to restrict the growth of emulsion polymers during the forecast period. Also, the manufacturing of cost-effective emulsion polymers is one of the major challenges faced by manufacturers. Nevertheless, the increasing adoption of bio-based emulsion polymers globally offers huge growth opportunities for emulsion polymer manufacturers during the forecast period.

Increasing the application scope of vinyl acetate polymers in sealants should boost the market growth. Superior features such as binders, adhesion, as well as film forming, in addition to the widespread use of vinyl acetate in textiles, bookbinding, on-site building, and cardboard packaging, should drive the market size of emulsion polymers. The polymer emulsion total market is expected to be driven by an application perspective in the coatings and paints industry due to lower carbon dioxide and energy emissions during the manufacturing method. Paints and coatings are widely used in a variety of end-use industries, including automotive, maritime and aviation, construction, and manufacturing, which could have a favorable effect on market development.

Emulsion Polymers Market Segmentation

The worldwide emulsion polymers market segmentation is based on the type, application, and geography.

Emulsion Polymers Market By Type

• Acrylics
• Vinyl Acetate Polymers
• SB Latex
• Others

According to the emulsion polymers industry analysis, the acrylics type segment captured a substantial market share in 2021. This expansion is due to increased product demand from the superabsorbent polymer & sealants and adhesives markets. Growth in building and construction activity in emerging regions is likely to raise demand even further. Due to their durability, advanced tech, and molecular purity, acrylics are commonly utilized in products for personal care and hydrogel polymers. Acrylics are also expected to maintain a dominant market share due to quick technical improvements and outstanding properties such as toughness, preservation, and alkali tolerance.

Emulsion Polymers Market By Application

• Paints & Coatings
• Adhesives & Sealants
• Paper & Paperboard
• Others

According to the emulsion polymers market forecast, the Paint & coating-based applications segment dominates the marketplace and is expected to grow significantly in the industry over the next few years. This expansion is due to increased investment in the sector of real estate. Growth in renovation operations of current facilities in European can boost industrial growth, aided by strong government rules relating to the uptake of bio-based products. Product demand is being driven by rising environmental factors as well as rapid technological improvements.

Emulsion Polymers Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)