Exclusive Report on Polymer Emulsion Market 2019-26 Analysis based on Trends and Opportunities
Sep 13, 2019
The global polymer emulsion market was valued at USD 30.0 billion in 2018 and is expected to reach USD 53.4 billion in 2026, growing at a CAGR of 7.5% during the forecast period.
Fremont, United States - September 13, 2019 /MarketersMedia/ —
Stringent regulation pertaining to VOC emission and growing awareness for green buildings, and rising demand from end-use industries of emerging economies to drive the growth of the Polymer Emulsion Market
Polymer emulsion is nothing but water-soluble polymers, like certain polyvinyl alcohols or hydroxylates celluloses that can also be used to act as emulsifiers or stabilizers. Before world war 1, polymer emulsion was first conceived by Byer in an attempt to prepare synthetic rubber. Again, the actual polymerization conducted in 1920 to polymerize isoprene. Then it is widely adopted for plastic production, afterword war 2.
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Polymer emulsion has a huge application in the construction industry. It is used in a variety of construction, paints & coatings and pressure-sensitive adhesives and sealants. Building and construction polymers such as acrylic and vinyl acetate emulsions are popular in enhancing the performance of membranes, cement repair mortars, tile mortars, drywall spackle, and concrete cure and seals. Owing to its low VOC content and non-flammable nature, it is used as a cost-effective solution in paints & coating applications. Also, it is widely polymer emulsion paints & coatings are widely used due to its low cost of handling and post painting clean-up cost.
Rising demand for polymer emulsion in end-use industries like building & construction and automotive & transportation in emerging countries is the key factors attributed to the market growth. Furthermore, the increasing awareness towards green building also expected to fuel the market growth during the forecast period. On the other hand, volatility in raw material cost is acting as a restraint to this market. However, continuous development in commercializing bio-based polymer emulsion is expected to create major growth opportunities during the forecast period.
Key Findings:
Based on type, the acrylic segment is expected to grow at the highest CAGR of around 8.5% during the forecast period
Based on application, the paints & coating segment is accounted for the largest share in the market and held for around 28% of the total market, in 2018
Asia-Pacific accounted for around 40% share of the global polymer emulsion market in 2018
Recent News:
In March 2018, BASF SE expanded its Ludwigshafen, Germany production facilities of Joncryl water-based emulsions. This will strengthen the company’s position in the European market.
In August 2018, Synthomer invested USD 16 million for a new polymerization reactor and other equipment at its facility in Roebuck, South Carolina.
In September 2018, Synthomer acquired BASF Pischelsdorf’s Austrian SBR business and assets. This will improve Synthomer’s SBR business in paper packaging application. opportunities in Europe.
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