Polymer Emulsions Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Polymer Emulsions Market Analysis
The market for polymer emulsions is expected to grow at a CAGR of around 6% during the forecast period. The major factors driving the growth of the market studied are the growing awareness with regard to the Volatile Organic Compound (VOC), growing construction activities, and government regulations. On the flip side, environmental regulations on butadiene is likely to hinder the growth of the studied market.
- The paints & coatings segment dominated the market and is expected to grow during the forecast period with growing demand from industries, such as construction, automotive, and general industrial.
- The emerging market for bio-based emulsion polymers is likely to provide opportunities for the studied market during the forecast period.
- Asia-Pacific dominated the market across the globe with growing construction activities, increasing automotive production, and robust demand for packaging materials in the region.
Polymer Emulsions Market Trends
This section covers the major market trends shaping the Polymer Emulsions Market according to our research experts:
Paints & Coatings Segment Dominated the Demand
- Paints & coatings industry stands to be the largest consumer of polymer emulsion. Paints & coatings are extensively used in industries, such as construction, automotive, and packaging.
- In the building and construction industry, emulsion polymers are used in the manufacturing process of architectural paints, high scrub interior paints, exterior paints for high durability and wet adhesion, deck and trim paints, and stains and elastomeric coatings.
- Residential & commercial construction has been increasing significantly across the globe, which is further driving the demand for polymer emulsion for application in architectural paints & coatings production.
- Asia-Pacific has been witnessing huge residential and commercial construction projects due to growing housing needs, and noticeable growth opportunities prevailing in the region.
- In the Middle East, the government's efforts to develop non-oil industries is leading to investments in industries, such as tourism, hospitality, healthcare, which has further driven the demand and investments into commercial infrastructure.
- North America has also witnessed a noticeable increase in residential construction and renovation projects in the country.
- Besides in global automotive industry, though production declined in 2018 by 1.1%, factors such as increasing investments into the sector to increase production, continuous efforts of the automakers to develop & launch new cars, and efforts towards development & promotion of electric vehicles of the industry are likely to drive the growth of automotive industry.
- Hence, all such trends are likely to increase demand and production in the paints & coatings market, which is further anticipated to drive the demand for raw materials, like polymer emulsions.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region dominated the global market share. The demand for products, such as paints, coatings, and adhesives have been increasing from the end-user industries, such as automotive, construction, electronics, and packaging.
- Countries, such as India, China, Philippines, Vietnam, and Indonesia have numerous construction projects and investments planned, which is expected to increase the demand for architectural paints, coatings, and adhesives.
- Countries, such as India, Thailand, Vietnam, Pakistan, and Malaysia have recorded noticeable growth in automotive production.
- China, the world’s largest automotive producer, has plans to increase the production of electric vehicles (EVs) to 2 million a year by 2020, and 7 million a year by 2025.
- Besides, in the cosmetic & personal care industry, the demand is increasing at a noticeable rate in the region, with cultural change, the influence of western culture, increased cosmetic demand from the youth population, and rising women employment. With this, the market players in this market are increasing investments and production, which is further driving the demand for raw materials, including polymer emulsion.
- Hence, all such favorable market trends are likely to drive the growth of the polymer emulsion market in Asia-Pacific during the forecast period.
Polymer Emulsions Industry Overview
The polymer emulsion market is a fragmented market, where numerous players account for insignificant share to influence the market demand, individually. Some of the noticeable players in the market include AkzoNobel N.V., Arkema, BASF SE, Clariant AG, and Dow, amongst others.
Polymer Emulsions Market Leaders
AkzoNobel N.V.
Arkema
BASF SE
Dow
Clariant AG
*Disclaimer: Major Players sorted in no particular order
Polymer Emulsions Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Growing Awareness with Regard to Volatile Organic Compound(VOC)
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4.1.2 Robust Demand for Paints & Coatings from Construction Industry
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4.1.3 Government Regulations
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4.2 Restraints
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4.2.1 Environmental Regulations on Butadiene
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4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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4.5 Supply and Demand Analysis
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4.5.1 Major Current and Planned Projects
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4.5.2 Trade Analysis
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4.5.3 Current Supply and Demand Scenario
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5. MARKET SEGMENTATION
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5.1 Product Type
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5.1.1 Acrylics
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5.1.2 Polyurethane (PU) Dispersion
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5.1.3 Styrene Butadiene (SB) Latex
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5.1.4 Vinyl Acetate
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5.1.4.1 PVA Homo Polymer
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5.1.4.2 Other Vinyl Acetates
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5.1.5 Others
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5.2 Application
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5.2.1 Adhesives and Carpet Backing
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5.2.2 Paper and Paperboard
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5.2.3 Paints and Coatings
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5.2.4 Others
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Mexico
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 United Kingdom
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5.3.3.3 France
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5.3.3.4 Italy
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5.3.3.5 Rest of Europe
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East & Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 South Africa
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5.3.5.3 Rest of Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 3M
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6.4.2 Akzo Nobel N.V.
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6.4.3 Arkema
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6.4.4 Asahi Kasei Corporation
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6.4.5 BASF SE
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6.4.6 Celanese Corporation
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6.4.7 Clariant AG
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6.4.8 Cytec Solvay Group
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6.4.9 DIC Corporation
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6.4.10 Dairen Chemical Corporation
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6.4.11 Dow
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6.4.12 Eni SpA
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6.4.13 JSR Corp.
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6.4.14 Berkshire Hathaway Inc.
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6.4.15 Allnex
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6.4.16 Reichhold Inc.
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6.4.17 Koninklijke DSM N.V.
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6.4.18 Synthomer plc
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6.4.19 Wacker Chemie AG
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6.4.20 ZEON Corporation
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Emerging Market for Bio-based Emulsion Polymer
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Polymer Emulsions Industry Segmentation
The polymer emulsions market report includes:
| Product Type | ||||
| Acrylics | ||||
| Polyurethane (PU) Dispersion | ||||
| Styrene Butadiene (SB) Latex | ||||
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| Others |
| Application | |
| Adhesives and Carpet Backing | |
| Paper and Paperboard | |
| Paints and Coatings | |
| Others |
| Geography | |||||||
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Polymer Emulsions Market Research FAQs
What is the current Polymer Emulsions Market size?
The Polymer Emulsions Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Polymer Emulsions Market?
AkzoNobel N.V., Arkema, BASF SE, Dow and Clariant AG are the major companies operating in the Polymer Emulsions Market.
Which is the fastest growing region in Polymer Emulsions Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Polymer Emulsions Market?
In 2024, the Asia Pacific accounts for the largest market share in Polymer Emulsions Market.
What years does this Polymer Emulsions Market cover?
The report covers the Polymer Emulsions Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Polymer Emulsions Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Polymer Emulsions Industry Report
Statistics for the 2024 Polymer Emulsions market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Polymer Emulsions analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
