Emulsion Polymers Market To Exceed A Value of USD 60.37 Billion By 2025| Grand View Research Inc.

Emulsion Polymers Market To Exceed A Value of USD 60.37 Billion By 2025| Grand View Research Inc.

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According to report published by Grand View Research,Increasing construction spending, particularly in Asia Pacific and Middle East, has prompted the demand for paints and coatings in the recent past. Growth of paints and coatings industry has had a direct impact on the demand for emulsion polymer.

According to a report, “Emulsion Polymers Market Size, Share & Trends Analysis Report By Product (Acrylic, Styrene Butadiene Latex, Vinyl Acetate Polymers), By Application (Paints & Coatings, Adhesives), And Segment Forecasts, 2019 – 2025″,The global emulsion polymers market size is expected to reach USD 60.37 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at CAGR of 6.3% over the forecast period. Increasing construction spending, particularly in Asia Pacific and Middle East, has prompted the demand for paints and coatings in the recent past. Growth of paints and coatings industry has had a direct impact on the demand for emulsion polymer.

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 products. Volatile prices of key raw materials are expected to remain a key challenge for market participants over the forecast period. Growth of the key end-use industries, including paints and coatings and adhesives, is expected to drive the market. However, volatility in the prices of primary raw materials is expected to restrain the growth.

Key Takeaways from the report:

  • Acrylics is expected to be the fastest growing product segment over the forecast period

  • Paints and coatings is estimated to be the fastest growing application segment in the forthcoming years

  • Asia Pacific was estimated as the largest regional segment in the global emulsion polymers market

  • Major market participants are Arkema SA, Kasei Corporation, The Dow Chemical Co, and Clariant International.

U.S. emulsion polymers market

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 products. Volatile prices of key raw materials are expected to remain a key challenge for market participants over the forecast period. Growth of the key end-use industries, including paints and coatings and adhesives, is expected to drive the market. However, volatility in the prices of primary raw materials is expected to restrain the growth.

The emulsion polymers market is consolidated in nature with few companies occupying a significant market share. Major industry participants including BASF SE, Dow Chemicals, and Clariant International Ltd. are providing services such as product demonstration and customized manufacturing to attract more customers.

Application Insights

On the basis of application, the market has been segmented into paints and coatings, paper and paperboard coatings, adhesives, and others. In 2018, paints and coatings held the largest market share and is expected to continue its dominance over the forecast period. Consumers are focusing quality and appearance and as a result, increasing demand for enhanced quality paints and technology driven coatings is expected to drive product demand over the forecast period.

Global emulsion polymers market

Furthermore, increasing preference for odor-free products that contain low VOCs is spurring growth of paints and coatings segment. The primary reason for this preference is the stringent environmental regulations and policies that are in favor of environment-friendly products.

Paper and paperboard coatings application segment is expected to witness significant growth over the forecast period. Coated paper and paperboard food packaging segment is anticipated to witness significant growth over the forecast period as food and beverage industry is switching to sustainable food packaging options.

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Regional Insights

Asia Pacific held the largest market share in 2018. In addition, the availability of cheap raw material, land, equipment, and skilled labor are some of the factors contributing to the growth of emulsion industry in Asia Pacific. The main reason behind this substantial growth is the rapidly expanding Chinese and Indian markets.

Water-borne products are replacing solvent-based coatings and adhesives due to their environment-friendly nature. The market is, therefore, expected to grow significantly over the forecast period. Asia Pacific is expected to continue to be the largest consumer due to the increased spending on construction activities, growing middle class population, improving lifestyle, and increasing spending power.

Grand View Research has segmented the global emulsion polymers market report on the basis of basis of product, application, and region:

Emulsion Polymers Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Acrylics

  • Styrene-Butadiene Latex

  • Vinyl Acetate Polymers

  • Others

Emulsion Polymers Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Paints and Coatings

  • Paper & Paperboard Coatings

  • Adhesives

  • Others

Emulsion Polymers Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

    • Turkey

    • Russia

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • UAE

    • Saudi Arabia

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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.

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