Market Overview
Binder or binding agents are any material that physical holds different materials together. The binders can either be a solid or a liquid substance hardened by a chemical process and used in binding fibers, as a filler powder and other particles added into it. In market, there can be a can be the natural or synthetic binders based upon their origin. Some of the synthetic binders are cement, gypsum, lime, and those manufactured by mixing various synthetic polymers, resins, and oils. On the other hand, the organic or organic-based includes bitumen, animal and plant glues or latex, organic polymers, and PVA, among others.
Competitive Analysis:
BASF SE (Germany), Wacker Chemie AG (Germany), Oilex International GmbH (Germany), ENDURA IPNR (India), Keramicalia (South Africa), Empower Materials (US), KYOEISHA CHEMICAL Co.,LTD (Japan), Stover Seed company (US), and Others.
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The significant physical properties conferred by the organic binders to the substrate includes an excellent binding ability, high strength and durability, and relative inertness towards various chemicals. In the market, organic binders mainly occur in the powder, granular, or dispersed liquid form. The major consumers of the product are paint and coatings, construction, electronics, and automotive industry.
Regional Analysis
The global organic binders market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is anticipated to grow at a high CAGR owing to the rising product demand in the construction, automotive, and electronics industries. North America is expected to witness significant growth during the forest period. This is mainly due to the growing demand for the product in various the reconstruction activities in this region.
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Segments
The global organic binders market has been segmented on the basis of form, product, application, and region.
Based on form, the global organic binders market has been segregated into powder, granulates, dispersions, and solid resin.
By product, the market has been categorized into acrylic, latex, polyvinyl chloride (PVC), poly vinyl acetate (PVA), and others.
On the basis of application, the market has been divided into paints & coatings, construction, electronics, automotive, and others.
The global organic binders market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Intended Audience
- Organic binders manufacturers
- Traders and distributors of Organic binders
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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