A research study titled, “Emulsion Polymers Market by Product,
Application, Source Type, and Modality - Global Industry Analysis and Forecast
To 2025” published by Crystal Market Research, states that the Emulsion
Polymers Market is projected to be around $56.28 billion by 2025.
The global
Emulsion Polymers market was worth USD 33.57 billion in the year of 2016 and is
expected to reach approximately USD 56.28 billion by 2025,
while registering itself at a compound annual growth rate (CAGR) of 5.91%
during the forecast period. An emulsion is a combination of two or more than
two liquids that are commonly unmixable. Emulsion polymer is a kind of polymer
that is derived from the emulsion of monomer, surfactants and water. The most generic kind
of polymers is oil-in-water emulsion. Emulsion polymers have more molecular
weight that leads to rapid polymerization. Emulsion polymers are referred to as
green products that result in eco-friendly procedures of paintings and
coatings. Various types of emulsion polymers are styrene- butadiene latex,
acrylics and Vinyl acetate polymers that are extensively used in a wide range
of applications like adhesives and sealants, paint, coatings and paper and
paperboard. Due to its low content of violate organic compounds (VOCs) emulsion
polymers are swiftly replacing conventional dispersions that are solvent-based.
They are also used in non-woven fabrics and carpets.
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Increasing utilization of the
emulsion polymer in applications like paints, coatings and adhesives is one of
the major factors that boost the growth of this market. The ability of emulsion
polymers to dry quickly and provide water resistance increases its demand as
superabsorbent polymers and in personal care products. Increasing number of
construction projects in emerging economies is one of the factors that fuel the
growth of this market. In addition, utilization of enhanced adhesives and
coatings in the automotive industry is expected to have a significant impact on
the growth of this market. Additionally, rising concerns associated with the
environment have forced the authorities that include Environmental Protection
Agency (EPA) to enforce strict regulations to focus on increasing the usage of
products that are bio-based and decrease the injurious effects on the
environment. Rising awareness among consumers in regard with green building is
said to boost the growth of this market.
On the basis of type the emulsion polymer
market is segmented into Vinyl Acetate Polymers, Polyurethane Dispersions,
Styrene Butadiene Latex and Acrylic. On the basis of application the market is
segmented into Adhesive & Sealants, Paper & Paperboard, and Paints
& Coatings. On the basis of end use industry the market is segmented into
Building & Construction, Chemicals, Automotive, and Textile & Coatings.
The leading companies in this market are Wacker Chemie AG, Momentive Performance
Materials, DOW Chemical Company, Trinseo, DIC Corporation, Arkema and OMNOVA
Solutions. Geographically, the market is segmented into Europe, Asia Pacific,
North America and Rest of the world.
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Market is projected to be around $56.28 billion by 2025" at:
Competitive
Insights
The global market of emulsion polymers contains a large
number of mid-sized companies as well as multinationals in the market. The
major companies are DOW Chemical Company, BASF Construction Chemicals India
Pvt. Ltd, OMNOVA Solutions, Arkema, Lubrizol, Wacker Chemie AG, Trinseo, Nuplex
Industries, Momentive Performance Materials and DIC Corporation. With the aim
of promoting the demand in the Asia Pacific, manufacturers are anticipated to
invest in expanding the facilities along with the portfolio of the product.
With the aim of attracting more consumers, manufacturers have implanted the
low-cost method.
The global emulsion polymers market is segmented as follows-
By
Product Type
- Polyurethane Dispersions
- Acrylic
- Vinyl Acetate Polymers
- Styrene Butadiene Latex
- Other Product Type
By
Application
- Paper & Paperboard
- Adhesive & Sealants
- Paints & Coatings
- Other Applications
By
End User
- Automotive
- Building & Construction
- Textile & Coatings
- Chemicals
- Other End User
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About Crystal Market Research
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