San Francisco, 11 March, Emulsion Polymer Market Analysis
By Product (Acrylic, Styrene Butadiene Latex, Vinyl Acetate Polymers), By
Application (Paints & Coatings, Paper &Paper Board Coatings, Adhesives)
And Segment Forecasts To 2024.
The global emulsion polymer market is expected to reach USD
56.86 million by 2024, according to a new report by Grand View Research, Inc.
Acrylic use for superabsorbent polymers and personal care products is
increasing on account of their quick drying ability and water resistance
characteristics. Such favorable characteristics are anticipated to augment
overall industry demand.
Increasing construction
spending, particularly in Asia Pacific and the Middle East, has prompted the
demand for paints & coatings in the recent past. The growth of paints &
coatings industry has had a direct impact on emulsion polymer demand. Stringent
environmental regulations to control noxious chemical emissions coupled with
increasing preference for greener products are expected to limit synthetic
based demand and augment bio-based and water based product demand. Volatile
prices of key raw materials are expected to remain a key challenge for market
participants over the forecast period.
Acrylics was the leading
product segment and accounted for 39.3% of total market volume in 2015. High
demand for diapers & training pants and personal care particularly in the
emerging markets of Asia Pacific is expected to drive this segment over the
forecast period. It is also expected to witness the highest growth of 6.0% from
2016 to 2024.
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Report On Emulsion Polymer Market Analysis:
Further key findings from the report suggest:
·
The global emulsion polymer
market demand was 13.36 million tons in 2015 and is expected to reach 21.88
million tons by 2024, growing at a CAGR of 5.7% from 2016 to 2024
·
Paints& coatings emerged as
the leading application segment with demand share exceeding 35% in 2015.
Increasing construction activities in China, India, South Korea and the Middle
East coupled with a positive outlook on the global automotive industry is
expected to drive this segment over the forecast period.
·
Asia Pacific was the leading
regional market with demand share estimated 40% in 2015. Rapid urban
construction has increased the paint consumption which in turn is expected to
fuel the global market. Asia Pacific is also expected to witness the fastest
growth of 7.2% from 2016 to 2024.
·
Key players operating in the
global emulsion polymer market include Nuplex industry, Synthomer, STI polymer,
Wacker Chemie AG, BASF, Omnova Solutions, Styron, Clariant International
Limited, and DIC Corporation. Product innovation coupled with expansion
strategies are expected to be adopted by the mid-sized manufacturers to
increase their global presence.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has segmented the
emulsion polymer market on the basis of product, application and region:
Global Emulsion Polymer Product
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)
·
Acrylics
·
Styrene-Butadiene Latex
·
Vinyl Acetate Polymers
·
Others
Global Emulsion Polymer
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)
·
Paints and Coating
·
Paper and Paperboard coating
·
Adhesives
·
Others
Global Emulsion Polymer
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)
·
North America
o
U.S
o
Mexico
·
Europe
o
European Union (EU)
o
Russia
o
Turkey
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
·
Central & South America
o
Brazil
·
Middle East and Africa
Browse Press
Release of this Report:
https://www.grandviewresearch.com/press-release/emulsion-polymer-market-report
https://www.grandviewresearch.com/press-release/emulsion-polymer-market-report
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and
consultants, the company adds 1200+ market research reports to its extensive
database each year. Supported by an interactive market intelligence platform,
the team at Grand View Research guides Fortune 500 companies and prominent
academic institutes in comprehending the global and regional business
environment and carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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