Emulsion Polymers Market to Register 6.1% CAGR to 2023 With Sustained Demand From Paints and Coatings Industry: Transparency Market Research

ALBANY, New York, September 14, 2015 /PRNewswire/ --

Transparency Market Research has published a new report, titled "Emulsion Polymers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023." According to the report, the global emulsion polymers market was valued at US$32.25 bn in 2014 and is anticipated to reach US$54.95 bn in 2023, expanding at a CAGR of 6.1% between 2015 and 2023.

High demand for emulsion polymers in paints and coatings, led by a rise in building and construction activities, and growth in the automotive industry have been driving the emulsion polymers market since the past few years. Emulsion polymers are primarily employed in architectural coatings and automotive coatings. Increase in disposable income of consumers in developing countries such as China and India is expected to boost infrastructure activities. This, in turn, is anticipated to propel the demand for emulsion polymers.

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Furthermore, a rise in the consumption of adhesives in end-users such as furniture, automotive, and packaging has been augmenting the emulsion polymers market across all regions. Paper and paperboard was another major end user of the emulsion polymers market in 2014. Production of bio-based emulsion polymers coupled with technological breakthroughs is likely to drive the emulsion polymers market in the near future. However, volatility in prices of raw materials and stringent regulations related to raw materials such as butadiene, styrene, and urethane are estimated to hamper market growth during the forecast period.

Acrylics constituted the largest product segment, accounting for more than 35% share of the global emulsion polymers market in 2014. Acrylic emulsions are used in paints and coatings, adhesives, and paper and paperboard industries. Styrene-butadiene latex emulsion constituted the second-largest share of the global emulsion polymers market in 2014. Styrene-butadiene latex is used in paper and paperboard and fiber processing. Vinyl acetate polymer is one of the fastest-growing product segments of the emulsion polymers market. Vinyl acetate polymers are primarily employed as binders in the adhesives and paints and coatings industries. Polyurethane was also among the major end user sectors for the emulsion polymers market in 2014.

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Paints and coatings has been the dominant end user in the emulsion polymers market since the past few years. Increase in demand for water-borne coatings is projected to boost the demand for emulsion polymers in the paints and coatings market. Emulsion polymers are used in industrial, architectural, and automotive coatings. Adhesives accounted for the second-largest market share of the global emulsion polymers market in 2014. Emulsion polymers such as vinyl acetate polymers and acrylics are primarily employed in adhesives. Paper and paperboard held the third-largest market share in 2014. The segment is likely to exhibit sluggish growth during the forecast period. Leather and textiles and non-woven are some of the other end-users of emulsion polymers.

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In terms of demand, Asia Pacific dominated the emulsion polymers market in 2014. This trend is expected to continue in the near future. A rise in the demand for paints and coatings and adhesives in industries such as building and construction and automotive is anticipated to boost the emulsion polymers market in the next few years. Demand for emulsion polymers is estimated to be sluggish in Europe and North America owing to stringent environmental regulations in the regions. Middle East and Africa will be promising emerging markets for emulsion polymers in the near future.

The report provides a comprehensive overview of the emulsion polymers market in terms of volume and revenue. It includes current demand analysis and forecast for product segments and end-users in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Furthermore, the report provides detailed country-wise analysis of the emulsion polymers market in the regions mentioned above.

Other Reports by Transparency Market Research: 

• Fluorspar Market: http://www.transparencymarketresearch.com/fluorspar-market.html

• Dicyclopentadiene (DCPD) Market: http://www.transparencymarketresearch.com/dicyclopentadiene-market.html

• Sodium Hydrosulfite Market: http://www.transparencymarketresearch.com/sodium-hydrosulfite-market.html

• Capric Acid Market: http://www.transparencymarketresearch.com/capric-acid-market.html

This Report Segments the Global Emulsion Polymers Market as follows: 

Emulsion Polymers Market - Product Analysis 

• Acrylics
• Styrene-butadiene latex
• Vinyl acetate polymers
• Polyurethane
• Others (Silicone, Hybrid Epoxy, etc.)

Emulsion Polymers Market - End-user Analysis 

• Paints & Coatings
• Paper & Paperboard
• Adhesives
• Textiles & Non-woven
• Others (Leather, etc.)

Emulsion Polymers Market - Regional Analysis 

North America 

• U.S.
• Rest of North America

Europe 

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific 

• China
• India
• ASEAN
• Rest of Asia Pacific

Latin America 

• Brazil
• Rest of Latin America

Middle East & Africa (MEA) 

• GCC
• South Africa
• Rest of Middle East & Africa

Browse Regional Analysis: http://www.europlat.org/asia-pacific-leads-global-emulsion-polymers-market-as-construction-and-automotive-industries-keep-up-steady-demand-says-tmr.htm

Browse All Other Chemical Market Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html

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