- Building and construction, and automotive industry will contribute positively to market's growth trajectory over the forecast period
- Technological advancement, portfolio diversification to be a prominent growth factor in the market
- Asia Pacific to grow at a lucrative pace in the global emulsion polymers market over the forecast period
ALBANY, New York, July 13, 2020 /PRNewswire/ -- Growth in the global emulsion polymers market over the period of 2019 to 2027 would be an outcome of interplay between several positive trends and drivers. It will lead to a notable increase in market worth - USD 66 billion by the end of the forecast period. Compound annual growth rate would be 6.2%.
As per Transparency Market Research, "Massive demand would arise from construction and building industry, automotive industry, and electronics industry because these polymers are extensively used in paints, coatings, and adhesives. Besides, it is pertinent to note here that an increase in disposable income is also playing a notable role."
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Key Findings of Global Emulsion Polymers Market Study:
- Technological advancements, along with production of bio-based emulsion polymers will drive market forward
- Asia Pacific will lay claim to a sizeable share of the global emulsion polymers market over the forecast period
- Construction volumes would play a notable role in this growth
For a detailed analysis of global emulsion market by product, end-use, and region, visit https://www.transparencymarketresearch.com/pressrelease/emulsion-polymer-market.htm
Key Drivers of Growth in Global Emulsion Polymers Market:
Over the next few years, the global emulsion polymers market will chart a steady growth curve owing to numerous factors – trends and drivers - which are currently marking the vendor landscape. Transparency Market Research has identified these and delineated them in great detail. A synopsis of top contributing factors is provided below:
- Use of acrylic emulsion in paints is set to drive the market forward, creating new opportunities of growth
- Increase in construction and building activity is set to push the demand for emulsion polymers as it would create demand for paints and coatings
- Innovation and increase in research and development activities to pave way for further growth
- Growing demand for adhesives – removable and permanent – is set to drive the global emulsion polymers market forward
- Demand from the automotive industry also contributes to growth in the market
- Favorable government regulations are supporting growth, keeping market buoyant
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Regional Analysis of Global Emulsion Polymers Market:
- Owing to massive contributions to growth from countries such as India and China, the Asia Pacific region will dominate the market over the forecast period
- Increase in construction volumes would be a major growth propeller; India and China will account for a sizeable share of these volumes
- Over the forecast period, the region will chart a CAGR of about 6.5%
Analyze global emulsion polymers market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Competitive Landscape of Global Emulsion Polymers Market:
The global emulsion polymers market is fragmented. Notable companies profiled by Transparency Market Research include proactive names such as Synthomer plc, BASF SE, Celanese Corporation, The Dow Chemical Company, Arkema S.A., and Trinseo S.A., among others. Key focus of players in the market is currently on expansion of product portfolio and technological advancement. Bio-based emulsion polymers' production will gain prominence over the forecast period.
It is quite pertinent to note here that various other growth strategies are also deployed by players in the global emulsion polymers market. These include entering into key alliances such as synergistic partnerships and collaborations, and strategic mergers and collaborations. Expansion of production facilities also figures on the list of strategic measures for growth.
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Global Emulsion Polymers Market: Research Scope
Global Emulsion Polymers Market, by Type
- Styrene-butadiene Latex
- Vinyl Acetate Polymers
- Hybrid Epoxy
Global Emulsion Polymers Market, by Application
- Paints and Coatings
- Paper and Paperboard
- Textiles and Non-Woven
Global Emulsion Polymers Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry,
Bio-emulsion Polymers Market - The global bio-emulsion polymers market was valued at US$ 900 Mn in 2019 and is anticipated to expand at a CAGR of 7% from 2020 to 2030. Rise in demand for bio-emulsion polymers in the paints & coatings application is driving the global bio-emulsion polymers market.
Superabsorbent Polymers Market - In terms of value, the global superabsorbent polymers market is anticipated to expand at a CAGR of 5% from 2020 to 2030 and cross US$ 15 Bn by 2030. Asia Pacific dominated the global superabsorbent polymers market in terms of volume in 2019. It is estimated to be the leading region of the global superabsorbent polymers market during the forecast period.
Biopolymers Market - The global biopolymers market is projected to grow at a CAGR of more than 15% between 2019 and 2027. Easy availability of raw materials for the production of biopolymers has been the primary driver of the global biopolymers market. Stringent regulations against plastic usage and carbon emissions are anticipated to boost the biopolymers market.
Polymer Electrolyte Membrane Fuel Cell Market - Polymer Electrolyte Membrane Fuel Cell Market, also known as proton-exchange membrane fuel cells (PEMFC), are a type of fuel cell that are being developed primarily for transport applications. They are also being developed for stationary fuel cell and portable fuel cell applications. PEM fuel cells possess distinguishing features such as lower temperature and pressure that ranges from 50°C to 100°C; and a special proton-conducting polymer electrolyte membrane.
Homopolymers Market - The homopolymers market is driven by the high demand for these in the packaging industry. Rise in demand in the retail sector is also boosting the homopolymers market. Several emission norms set by the government and strict environmental regulations to lower carbon emission is also propelling the homopolymers market. Usage of homopolymers lowers the weight of the automobile component and subsequently increases fuel efficiency.
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