The global emulsion polymers market is expected to grow at a CAGR of approximately 6.4% in terms of value by 2026, according to Acumen Research and Consulting.
Emulsion polymers are obtained through combination of monomer, surfactants, and water. Oil and water based are most commonly used emulsion polymers. Emulsion polymers are majorly used for paints & coatings, automotive applications as they exhibit low VOC. Regulations such as REACH and clean air act are the major factors driving the emulsion polymer market.
The market research study on “Emulsion Polymers Market (By Type: Acrylics, Vinyl Acetate Polymers, SB Latex; By Application: Paints & Coatings, Adhesives & Sealants, Paper & Paperboard) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global emulsion polymers market. The report also analyzes the key players operating in emulsion polymers market and identifies the key strategies deployed by them along with the market share of leading players. The global emulsion polymers market is segmented as below:
Emulsion Polymers Market by Type
Emulsion Polymers Market by Application
Emulsion Polymers Market by Geography
The major driving factor for emulsion polymers market is the upsurge in demand for emulsion polymers from paints & coatings industry. Moreover, the stringent regulations by the government towards VOC emission also supports the growth of emulsion polymers market globally. In addition, the growing awareness regarding green buildings is also one of the driving factor for emulsion polymers 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 the major challenges faced by the manufacturers. Nevertheless, the increasing adoption of bio-based emulsion polymers globally offers huge growth opportunities for emulsion polymers manufacturers during the forecast period.
Emulsion polymers market has been segmented based on type, and application.Based on type the market has been segmented as acrylic polymer emulsion, vinyl acetate polymer emulsion, and SB latex. The acrylic polymer emulsion is anticipated to be the most lucrative segment during the forecast period owing to the upsurge in its demand from super absorbents polymers. Based on application, the market has been divided into paints & coatings, adhesives & sealants, and paper & paperboard.Emulsion polymers for paints & coatings application dominated the market in 2013, as they are exhibit low VOC. Also, emulsion polymers for paints and coatings application requires lower handling and storage charges compared to usage of emulsion polymer in other application.
Based on region, the market for emulsion polymers has been segmented into North America, Europe, Asia Pacific, and rest of the world. Asia Pacific was the largest revenue generator for global emulsion polymers market in 2013 owing to the augmented demand for emulsion polymer from industrial sector. Asia-Pacific is projected to be the most attractive market for the manufacturers of emulsion polymers owing to rise in infrastructure activities in countries such as India, China, and Singapore. Growth in the automotive sector in countries such as India, China, and South Korea also boosts the demand for emulsion polymers in the region. Cheap labor cost, availability of raw materials and skilled labors are also one of the factors that supports the growth of emulsion polymer in Asia Pacific region.
Some of the leading companies operating in the global emulsion polymers market include BASF SE, Arkema Group, DIC Corporation, DowDuPont, Celanese Corporation, Wacker Chemie AG, Synthomer Plc, Trinseo, The Lubrizol Corporation, DSM, Allnex, Pexichem Private Limited, Kamsons Chemicals Pvt. Ltd., Visen Industries Limited, and Omnova Solutions Inc. These key players compete with each other mainly of product differentiation and product prices in order to have a strong foothold in the emulsion polymer market.
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