Polymer Emulsion Market Overview:
The Polymer emulsion Market was valued at $27.3 billion in 2021 & is projected to reach $45.8 billion by 2028. It is expected to grow at a 6.7% CAGR between 2021 and 2028.
Polymer emulsion is completed by the process of the emulsion polymerization, in which emulsification of monomer is prepared in the presence of surfactant, particularly sodium stearate and water. Monomers used in process of emulsion polymerization are acrylonitrile, butadiene, styrene, methacrylate ester, and acrylate ester.
Polymer emulsions are specialty polymers that are used in the production of specialty chemicals such as paints and coatings, adhesives, offset inks, paper and paperboards, construction chemicals, and textiles.
Polymer emulsion manufacturing is an eco-friendly process, and the produced polymers have very lean volatile organic compounds and high molecular weight.
Polymer Emulsion Market Dynamics:
The inclining adoption rate of polymer emulsion across different end-use industries such as paint and coating and paper and paperboard is a major factor projected to drive the global polymer emulsion market growth.
The rising demand for polymer emulsion from the adhesives and sealants applications is another factor projected to drive the growth of the global polymer emulsion market.
The shift in trend from solvent-based to water-based formulations is another factor expected to drive the demand for polymer emulsion in various adhesives applications and is a factor expected to drive the global market growth.
Increasing government initiatives in order to promote manufacturing and technology industries is another factor expected to boost demand for polymer emulsion. This is another key factor expected to drive the target market growth.
Expansion in the packaging industry, stringent regulations regarding VOC content emission, and growing awareness about eco-friendly products are other factors expected to drive the global polymer emulsion market growth.
Moreover, increasing investment in the oil and gas sector in developing as well as developed countries and building and construction industry is expected to offer revenue growth opportunities for the major players operating in the global market.
However, the inconsistent cost of raw materials is a major factor projected to hamper the global polymer emulsion market growth.
Polymer Emulsion Market Segment Insights:
Among the type segments, the acrylic polymer emulsion segment is estimated to account for a moderate revenue share in the global polymer emulsion market. The revenue of the acrylic polymer emulsion segment is projected to register the highest CAGR.
Among the application segments, the paint and coating segment is expected to account for the highest revenue share in the global polymer emulsion market. The revenue of the paint and coating segment is projected to register a moderate CAGR.
Polymer Emulsion Market Region Insights:
The Asia Pacific market is estimated to account for a moderate revenue share in the global polymer emulsion market. The polymer emulsion market in the Asia Pacific is expected to register the fastest revenue growth, owing to rapid growth in the paint and coating, and packaging industries in the countries in the region.
Global Polymer Emulsion Market Segmentation:
Segmentation by Type:
- Acrylic Polymer Emulsion
- Vinyl Acetate Polymer Emulsion
- SB Latex
Segmentation by Application:
- Paints & Coatings
- Adhesives & Sealants
- Paper & Paperboard
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- DuPont de Nemours, Inc.
- BASF SE
- Celanese Corporation
- Arkema Group
- DIC Corporation
- Wacker Chemie AG
- Synthomer Plc
- Trinseo S.A.
- The Lubrizol Corporation
- OMNOVA Solutions Inc.
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