Global Emulsion Polymers Market Analysis 2022, Industry Trends, Size, Share, Growth and Forecast to 2027

 

Description

The Emulsion Polymers market was valued at USD 25.2 billion in 2020, and it is expected to reach a value of USD 66.6 Billion by 2027, at a CAGR of 6.20% over the forecast period (2022 - 2027).

The market mainly has demands from the paints and coatings industry as a result of which the value of the market was USD USD 39.43 billion in 2018. Thus with the increase in application of emulsion polymers in paint coatings and adhesive industries , it is expected to foster overall growth of the market.

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The use of emulsion polymers in the automotive industry will give a further boost to the market. However, competition among manufacturers to make safe, high quality and environmentally friendly products might restrict the growth of the market.

Global Emulsion Polymers Market Segmentation

The Global Emulsion Polymers market is segmented based on Type, Application, End use industry, and Region. Based on Type it is categorized into: Acrylic Polymer Emulsion, Vinyl Acetate Polymer Emulsion, SB Latex, Others. Based on Application it is categorized into: Paints & Coatings, Adhesives & Sealants, Paper & Paperboard, Others. Based on End use industry it is categorized into: Building & Construction, Automotive, Chemicals, Textile & Coatings, Others. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

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Global Emulsion Polymers Market: Impact of COVID 19

The pandemic and the lockdowns and other restrictions forced idnustries such as construction automotive, textiles etc to shut down their operations. This impacted the up stream value chain of the players in the market. Because major demand for emulsion polymer came from these industries, the market was heavily impacted and therefore there was a loss of business. Now as the lockdowns and other restrictions are being eased out, it is estimated that the market will recover in 2021..

Key Trends in Global Emulsion Polymers Market

The growing awareness and trend towards interior decoration among consumers is driving the growth of the market. This is mainly because consumers are now aware about painting ideas and protectitive coatings. Urbanization coupled with construction of new homes will also lead to the increase in demand for paints and coatings in turn fostering growth of the emulsion market. Apart from this the wide use of colour and coating compounds in the automotive sector also boosts the growth of the market.

Global Emulsion Polymers Market: Regional Dynamics

Asia pacific saw a high share of revenue and market share in the emulsion polymer market in 2018. What contributed to this share were factor such as availability of cheap raw material, low costs of skilled labour. Along with this land and equipment costs were also low. India and China led to this growth of the market in Asia pacific. In future too the region will remain dominant mainly because of lifestyle changes, increase in per capita income of the people etc.

Global Emulsion Polymers Market: Competitive Landscape

The market is characterized by the presence of a few well-established players. New product launches, partnerships and investing in research & development have been a key business strategy.

Key players in Emulsion Polymers market are:

·         DIC Corporation

·         Dow Chemical Company

·         BASF

·         Arkema Group

·         Celanese Corporation

·         Wacker Chemie AG

·         The Lubrizol Corporation

·         Trinseo

·         Clariant AG

·         Akzo Nobel N.V

·         Synthomer plc

Adjacent Market Analysis

The allied market relating to type such as SB latex, acrlyic etc are also analysed. The acrylics segment accounts for the largest share of the overall polymer emulsion market. Acrylics is will grow significnatly in coming years mainly because the product is highly demand from sectors such as super absorbant polymers, adhesives etc. It is also estimated that because construction will take place on a large scale along with home building specialling in the developing countries the demand for emulsion polymers will also increase.

 

Global Emulsion Polymers Market Value by Type

·         Acrylic Polymer Emulsion

·         Vinyl Acetate Polymer Emulsion

·         SB Latex

·         Others

 

Global Emulsion Polymers Market Value by Application

·         Paints & Coatings

·         Adhesives & Sealants

·         Paper & Paperboard

·         Others

 

Global Emulsion Polymers Market Value by End use industry

·         Building & Construction

·         Automotive

·         Chemicals

·         Textile & Coatings

·         Others

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