Press release
Polymer Emulsions Market: Competitive Dynamics & Global Outlook 2023
Polymer Emulsions are monomers dissolved in water. They are also known as waterborne solvent because of their high water content. They are one of the fastest growing categories of specialty chemicals in the world. Polymer Emulsions have superior usability and safety standards. Polymer emulsions also have better recyclability and lifespan when compared to solvent-borne polymers.
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Global Polymer Emulsions Market: Forecast by Type / Application / Region
Key product classifications include acrylics, SB latex, polyurethane dispersions and vinyl acetate polymers. Among these, acrylics segment dominates with over 36% share in 2015, and the vinyl acetate polymers occupies for approximately 24%, the SB latex for approximately 16%.
Paints & coatings have emerged as the dominant application over the recent years, with over 44 % market share. Such robust growth rate is a result of increasing acrylics usage in the paints & coatings industry. Regulatory framework favoring environment friendly applications with low VOC content is a key driver for this application.
Geographically, Asia pacific emulsion polymer market has been the largest regional consumer, followed by Europe and North America. Rapid industrialization, urbanization and massive construction spending initiatives are the key factors behind such dominance and growth opportunities. China and Japan are the two largest consumers in Asia, and simultaneously China is the second producer in 2015. North America and Europe are projected to witness moderate growth in the near future. Other regions such as Latin America and Middle East & Africa are expected to witness stable market growth over the forecast period.
Over the next five years, LPI(LP Information) projects that Polymer Emulsions will register a 4.9% CAGR in terms of revenue, reach US$ 37600 million by 2023, from US$ 28200 million in 2017.
Global Polymer Emulsions Market: Key Players
BASF
Dow
Trinseo(Styron)
Akzonobel
Wacker
Celanese
Arkema
Clariant AG
Hexion
Synthomer
DIC Corporation
Dairen Chemical
Omnova Solutions
Nuplex Industries
Sumitomo Chemical
Showa Denko
Lubrizol Corporation
Jiangsu Sunrising
Batf Group
Sinopec Sichuan
Beijing Eastern
Asahi Kasei Corporation
Anhui Wanwei Group
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Related Information:
United States Polymer Emulsions Market Research Report 2018
Europe Polymer Emulsions Market Research Report 2018
North America Polymer Emulsions Market Research Report 2018
Asia-Pacific Polymer Emulsions Market Research Report 2018
China Polymer Emulsions Market Research Report 2018
EMEA Polymer Emulsions Market Research Report 2018
Global Polymer Emulsions Market Research Report 2018
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