Market Research Future Published a Half-Cooked Research “Global Emulsion Polymers Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2022.
Celanese Corporation (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S), Arkema S.A. (France), Koninklijke DSM N.V. (the Netherlands), DIC Corporation (Japan), Trinseo (U.S.), Wacker Chemie AG (Germany), Omnova Solutions Inc. (U.S), and Nuplex Industries Ltd (Australia) among others are some of the prominent players at the forefront of competition in the Global Emulsion Polymers Market and are profiled in MRFR Analysis.
Emulsion Polymers Market – Market Overview
The Global Emulsion Polymers Market is growing with the rapid pace; mainly due to the growing paints & coatings, and construction industries. According to a recent study report published by the Market Research Future, the global market of Emulsion Polymers is prospering and expected to gain prominence over the forecast period. The market is estimated to demonstrate a remarkable growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the forecasted period (2017 – 2022).
Globally, the market for Emulsion Polymers is driven by the region Asia Pacific, owing to an increase in the infrastructure development activities in the construction sector. Acrylic Emulsion Polymers are used in textile finishes, lacquers, and others to provide enhanced adhesion, resistance to blistering and cracking to the final product. Moreover, they are also used in building materials, architectural coatings, glass-fiber secondary binders for tissues and veils, non-woven applications, and others.
Increasing demand for the product in applications such as mastics & sealants, cementitious materials, curing membranes and sealers, caulks, joint compounds others signifies the growth of construction industry. Moreover, growing consumption of product in paints & coatings, adhesives & sealants, and packaging provide a boost to the Emulsion Polymers Market growth.
On the other hand, the extensive use of adhesives in major industries is projected to propel the market growth during the forecast period.
Emulsion Polymers are used for the fabrication of interior & exterior decorative paints, gloss, satin & matt paints, plasters, primers, sealants, joint fillers & putties, and industrial footing to provide aesthetic appearance, and better structural properties to the final products. They are also used for the production of sealants, industrial footing, in the construction sector. The growing demand of these polymers has prompted the manufacturers and investors to shift their focus from solvent based materials to water-borne products in end-use applications. Additionally, the growing research & development of the product in the established companies have resulted into a remarkable growth in the market during the last couple of years.
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Emulsion Polymers Market – Regional Analysis
Geographically, Asia Pacific region is leading the Global Emulsion Polymers Market. China holds the major portion in the region owing to growing population resulting into an increase in demand for the product in major industries. Increasing consumption of emulsion polymers in paints & coatings, construction, automotive, packaging and wood & furniture has boosted the market demand in Japan, and India. North America has witnessed a sluggish growth in the market owing to economic slowdown and volatile prices of raw materials. A moderate growth has been received by the European region due to implementation of strict rules and regulations in end-use industries. Additionally, the market is growing significantly in the Middle East & Africa and Latin America regions, due to increasing use and development of the product in major industries.
Emulsion Polymers Market- Competitive Landscape
The Emulsion Polymers Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Emulsion Polymers Market is set to grow at a higher rate which is likely to attract many newcomers to the market resulting into strong competition in the future. Manufacturers operating in the Emulsion Polymers Market are striving to respond to an increase in demand for the product from paints & coatings, construction, packaging, adhesives & sealants, furniture, automotive and other sectors attributed to growing production capacity in major sectors. They ensure to deliver the best quality products based on innovative technologies, solutions and best practices.
Industry/ Innovation/ Related News:
June 15, 2017 – The Dow Chemical Company (U.S.), one of the leading producers of Emulsion Polymers, declared that the company has signed two accords to expand its production capacity and investments in Saudi Arabia. The initiation of a new waterborne polymer facility to manufacture coatings Emulsion Polymers and polyacrylate dispersant polymers for consumer, water treatment applications are included in this deal. Moreover, feasibility study is also a part of this agreement. One of the sources of the company declared that this transaction is set to create 1000 jobs and 100 high-skilled full-time operation jobs. Therefore, these factors are expected to drive the market over the assessment period.
April 13, 2015 – Arkema S.A. (France), one of the major producers of emulsion polymers, announced that the company has increased the production capacity of acrylic resins in Araçariguama, Brazil by 60 percent. One of the officials of the company declared that this investment is set to produce various products in the facility such as ENCOR® 265 BR, ENCOR® DT 211 BR, ENCOR® 161 BR, ENCOR® 413 BR, ENCOR® 9801 BR and ENCOR® 9466 BR. These products are going to be used in various applications such as architectural coatings, fast-dry traffic paints, adhesives, and others. Therefore, the increase in the production facility is set to propel the market during the forecast period.
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