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Polymer Emulsion Market | Key players operating in the market include DIC Corporation, DowDuPont, BASF SE, Arkema Group, Celanese Corporation

06-01-2020 09:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Polymer Emulsion Market, Polymer Dispersion Market, Polymer Modified Emulsion Market, PVAC Emulsion Market, Styrene Acrylic Polyme

Polymer Emulsion Market, Polymer Dispersion Market, Polymer Modified Emulsion Market, PVAC Emulsion Market, Styrene Acrylic Polyme

According to recent market research "Polymer Emulsion Market by Type (Acrylics, Vinyl Acetate Polymers, SB Latex), Application (Paints & Coatings, Adhesives & Sealants, Paper & Paperboard) and Region (North America, Europe, APAC, South America, Middle East & Africa) - Global forecast to 2023", The polymer emulsion market is projected to grow from USD 29.8 billion in 2018 to USD 42.9 billion by 2023, at a CAGR of 7.6%.

The global polymer emulsion market is expected to be driven by various factors such as increasing demand from end-use industries, especially in the emerging economies. Stringent government regulations related to VOC emissions also drives the polymer emulsion market.

Browse 96 market data Tables and 46 Figures spread through 135 Pages and in-depth TOC on "Polymer Emulsion Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/emulsion-polymers-market-1269.html

Based on type, the polymer emulsion market has been segmented into acrylics, vinyl acetate polymer, SB latex, and others. In terms of value, the acrylics segment is projected to account for the largest as well as the fastest-growing segment of the overall market during the forecast period. Acrylics can be categorized into pure acrylics and acrylics polymer & copolymer. Acrylics based polymer emulsions are the oldest polymer emulsion. They are in high demand in various applications due to their low VOC emission. These are generally used in the paints & coatings, adhesives, and paper & paperboard applications.

The paints & coatings application is estimated to account for the largest share of the polymer emulsion market in 2018. The market in this segment is also expected to witness the fastest-growth between 2018 and 2023. Polymer emulsion is preferred for paints & coatings applications owing to its low VOC content. Moreover, polymer emulsion paints & coatings are not flammable, which reduces its storage & handling charges and fire insurance costs. The manufacturing process of polymer emulsion paints & coatings involve lower carbon footprint as they consume less energy. Other reasons for the use of polymer emulsion paints & coatings are low cost of handling and post painting cleanup cost.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1269

The polymer emulsion market size is expected to grow from USD 29.8 billion in 2018 to USD 42.9 billion by 2023, at a CAGR of 7.6%. The global polymer emulsion market is expected to be driven by growing end-use industries such as automotive & transportation and building & construction, especially in the emerging economies. Stringent governmental regulations such as REACH Europe and the Clean Air Act as well as growing awareness towards green building are also driving the polymer emulsion market.

The polymer emulsion market's competitiveness is continuously increasing with growing demand from various end-use industries. Major polymer emulsion players have adopted various strategies to capture market share and retain their position in the market. DIC Corporation (Japan), DowDuPont (US), BASF SE (Germany), Arkema Group (France), Celanese Corporation (US), Trinseo (US), The Lubrizol Corporation (US), Wacker Chemie AG (Germany), Synthomer Plc (UK), and Omnova Solutions Inc. (US) are the key players in the polymer emulsions market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1269

DowDuPont (US) is the largest player in the market. In May 2018, The Dow Chemical Company, subsidiary of DowDuPont, opened a new Eastern Canada Regional Sales Center in Toronto. The center will serve as a strategic commercial hub for Dow and will increase collaboration and address the needs of Canadian customers. Furthermore, in May 2017, the company signed two agreements to advance Dow's strategic innovation agenda in the Kingdom of Saudi Arabia. The company will construct a state-of-the-art manufacturing facility to manufacture a range of water-treatment and coatings products. The new facility will serve the country's need with an innovative range of acrylic-based polymers for architectural and industrial coatings as well as detergent and water-treatment applications.

BASF SE (Germany) is the second-largest player in the market. The company produces a broad range of polymer emulsion for different applications. In March 2018, the company expanded its production facility of Joncryl water-based emulsions at its Ludwigshafen site. This will strengthen the company's position as a leading manufacturer of water-based resin and emulsion which are used in overprint varnishes, printing inks, as well as functional coatings for flexible packaging and paper & board applications. This is one of the major expansion strategies adopted by the player in the market.

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