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Polymer Emulsion Market worth 32.2 Billion USD by 2020

Added: (Mon Mar 04 2019)

Pressbox (Press Release) - The report “Polymer Emulsion Market by Type (Acrylics, Polyurethane Dispersions, SB Latex, Vinyl acetate Polymer and Others), by Application (Adhesives & Sealants, Paints & Coatings, Paper & Paperboard, and Others) - Trends & Forecasts to 2020”, defines and segments the polymer emulsion market with analysis and forecast of the market size.



Browse 92 tables and 70 figures spread through 200 pages and in-depth TOC on "Polymer Emulsion Market by Type (Acrylics, Polyurethane Dispersions, SB Latex, Vinyl acetate Polymer and Others), by Application (Adhesives & Sealants, Paints & Coatings, Paper & Paperboard, and Others) - Trends & Forecasts to 2020"
https://www.marketsandmarkets.com/Market-Reports/emulsion-polymers-market-1269.html
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The market size of polymer emulsion is projected to reach USD 32.2 Billion by 2020, signifying a firm annualized growth rate of 7.7% between 2015 and 2020.

Asia Pacific – The biggest market for polymer emulsion

The rapid growth of end user industries such as consumer durables, buildings & construction and transportation in Asia Pacific is leading to significant rise in the polymer emulsion market recently. Moreover availability of feedstock and low costs to set up manufacturing facilities is driving the growth of polymer emulsion market in the region. Skilled workforce at relatively lower wages, aid low cost manufacturing, and lower cost of electricity and water are the other reasons for the high growth rate in Asia Pacific. Factors restricting the growth of polymer emulsion market in the region are government regulations and bureaucratic governance and red tapism do not allow efficient execution of new projects. Opacity in ownership structures in certain countries such as India, China, and Malaysia makes it difficult for established companies to invest in these markets. China is the single largest manufacturer of polymer emulsion in Asia-Pacific. The growth of chemical industry in China for the last several years was focused on manufacturing of base chemicals. The current growth rate in China is strong enough to sustain more efficient manufacturing and more attractive chemicals market. It may be inferred that in the next five to ten years, chemical manufacturing in China will shift towards specialty chemicals. Thus, polymer emulsion are expected to record strong growth in the next decade as well.

Polyurethane Dispersion – The fastest-growing segment of polymer emulsion

Waterborne Polyurethane Dispersion serves textile, furniture, and interior decoration industries as its end users. PUD consumption across the globe is increasing rapidly as it conforms to several environmental regulations such as low VOC, and ecolabels such as M1, Blue Angel, and EMICODE, etc. Polyurethane dispersion is projected to grow at a highest CAGR as compared to other types of polymer during the forecast period owing to its above mentioned advantages. Acrylic emulsion is the largest type of polymer emulsion for the year 2014 and the trend is estimated to be the same till 2020.

Paints & Coatings – The largest application for polymer emulsion market

Paints & Coatings is the largest application of the global polymer emulsion market. Polymer Emulsion is a preferred material for paints & coatings owing to the low VOC and VAC content, which makes it environmental friendly. Moreover the polymer emulsion paints & coatings are not flammable, which reduces its storage, handling charges and fire insurance costs. Manufacturing process of polymer emulsion paints & coatings have lower carbon footprint as they consume less energy. Other reasons attributing the use of polymer emulsion paints & coatings are low cost of handling and post painting cleanup cost.

The players of the market include BASF SE (Germany), Momentive Performance Materials Holdings LLC (U.S.), Arkema SA (France), AkzoNobel N.V. (The Netherlands), The Dow Chemical Company (U.S.), and Wacker Chemie AG (U.S.). Expansion is the key strategy adopted by industry players in order to maintain growth in the polymer emulsion market. The polymer emulsion market is an end users market and expansions are paving the way for fulfilling the ever changing demand of the end users.

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Submitted by:Robin White
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