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(Construction.IndustryNews247.Com, August 29, 2018 ) Industry Outlook and Trend analysis
The global emulsion polymers market was worth USD 33.57 billion in the year of 2016 and is foreseen to garner roughly USD 56.28 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 5.91% during the forecast period. Rising use of emulsion polymer in adhesives, coatings and paints is said to be the factor to boost the growth of this market. Expanding projects of construction in Asia Pacific and Middle East is also said to boost the demand for paints and coatings that are high in quality thus, having a positive impact on the growth of the market. Additionally, improved adhesive utilization in the industry of automotive coatings is anticipated to boost the growth of this market significantly. Growing concerns that are related to the environment have compelled authorities including Environmental Protection Agency (EPA) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) to impose stringent regulations with the aim of increasing the utilization of products that are bio-based and reduce the harmful impact on the environment. Strict regulations have been imposed by these authorities under the Clean Air Act to reduce the noxious chemical emissions like acrylonitrile, methyl chloride, toluene and styrene. Such actions are promoting the utilization of water-based emulsion polymers instead of synthetic products. Growing awareness in consumers regarding green building is expected to fuel the growth of the global emulsion polymers. Moreover, bio-based and water emulsion polymers are expected to render significant opportunities for growth.
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Product Outlook and Trend Analysis
The maximum volume of the total market was registered by acrylics. The product renders water resistance and dries quickly that is resulting in increased amount of usage in personal care products and superabsorbent polymers and is anticipated to have a significant impact on the demand. Additionally, growing applications of acrylic polymers in water treatment is expected to boost the growth of the market. Moreover, growing applications of fabric, wood manufacturing and paper has increased to the utilization of vinyl polymers which is said to fuel the demand in the industry.
Application Outlook and Trend Analysis
The sector of coating and paint application ruled the industry entirely. The consumers primarily focus on appearance and quality. Rising requirements of paints and coating that are of high-quality is anticipated to spur the demand of the product. Adhesives are anticipated to witness substantial growth in the following years. Increasing demand of adhesives that render high performance is said to boost the demand of emulsion polymers in the coming years. A smaller part had been accounted by other applications like nonwoven and textiles, polishes of leather and carpet and gloves.
Regional Outlook and Trend Analysis
A share of 40 percent was accounted by the Asia Pacific market of emulsion polymers that dominated the global industry in the year 2015. The prime factors of dominance were growing construction activities along with the growing industry of coatings and paint. In the regional market a considerable chunk of growth was contributed by India and China. Moreover, Asia Pacific is anticipated to witness significant growth in the upcoming years. Strict rules imposed by the authorities are said to fuel the demand in the regional market. Due to increasing construction activities the Middle East and Africa are expected to witness considerable growth in the upcoming years.
Competitive Insights
The global market of emulsion polymers contains a large number of mid-sized companies as well as multinationals in the market. The major companies are DOW Chemical Company, BASF Construction Chemicals India Pvt. Ltd, OMNOVA Solutions, Arkema, Lubrizol, Wacker Chemie AG, Trinseo, Nuplex Industries, Momentive Performance Materials and DIC Corporation. With the aim of promoting the demand in the Asia Pacific, manufacturers are anticipated to invest in expanding the facilities along with the portfolio of the product. With the aim of attracting more consumers, manufacturers have implanted the low-cost method.
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The global emulsion polymers market is segmented as follows-
By Product Type
Polyurethane Dispersions
Acrylic
Vinyl Acetate Polymers
Styrene Butadiene Latex
Other Product Type
By Application
Paper & Paperboard
Adhesive & Sealants
Paints & Coatings
Other Applications
By End User
Automotive
Building & Construction
Textile & Coatings
Chemicals
Other End User
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com 
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