Press release
Polymer Dispersions Market Rising at 8.4% CAGR to 2023: Top Key Players are Dow Chemical Company, Evonik Industries AG, Synthomer, Polymerics Inc, BASF SE, Solvay Group, Michelman
We Think Through Different Layers, We Work Across Different Verticals
Polymer dispersions are water-borne emulsion polymers which are utilized in numerous applications such as paints, papers, inks, coatings, adhesives, sealants, and protecting coating. In polymer science, dispersion polymerization is a heterogeneous polymerization process carried out in the presence of a polymeric stabilizer in the reaction medium.
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Demand for polymer dispersions is expected to increase in the near future due to the expansion in the leather industry. Demand for water-based dispersions is increasing, due to the enactment of stringent environmental regulations against solvent-based dispersion applications. This water-based dispersions segment is predicted to provide immense opportunities to new entrants with eco-friendly innovations, as the demand for low-VOC dispersion products is increasing.
Polymer Dispersion Market Forecast Report (2018-2023)
The Global Polymer Dispersion Market is worth USD7.48 billion in 2018 and estimated to grow at a CAGR of 8.4%, to reach USD 11.2 billion by 2023.
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Polymer Dispersion Market Segmentation
The Global market for Polymer Dispersion is segmented on the basis of resin type and by application, end-user and geography. Based on resin type, the polymer dispersion market can be segmented into acrylic, polyurethane (PU), vinyl, and styrene-butadiene (SB). The acrylic segment is expected to account for major share of the market in the near future. Based on application, the polymer dispersion market can be divided into decorative coatings, protective coatings, automotive coatings, printing inks, leather, adhesives, and others. The decorative coatings segment is expected to constitute high share of the market during the forecast period owing to the rising demand for high-quality and esthetic interior furnishings. Based on end-user industry, the polymer dispersion market can be classified into automotive, consumer goods, packaging, paints, and construction.
Geographically, the Polymer Dispersion market is fragmented into Asia-Pacific, North America, Europe, Latin America and Middle East Asia. North America and Asia-Pacific together account for around 50% of the global Polymer Dispersions market. Asia-Pacific is the fastest growing region.
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Major Players:
The major companies dominating this market for its products and services are
• The Dow Chemical Company
• BASF SE, Evonik Industries AG
• Synthomer, Polymerics Inc.
• Solvay Group
• Michelman
• Vinavil S.p.A.
• IKERLAT Polymers S.L.
• Covestro AG
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