Global Polymer Emulsion Market Is Expected to Grow at A CAGR of 7.5% During 2019-2026

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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.

Polymer emulsion is a colloidal dispersion of discrete polymer particles in a medium such as water. Emulsion polymers are used in numerous applications including adhesives, inks, paints, coatings, gloves, floor polish, drug delivery systems, films, and cosmetics. The development of the polymer emulsion industry is motivated mainly by strict regulations on VOC emissions and increasing awareness of green buildings.

In addition, increasing demand from increasing end-use industries such as construction & manufacturing, automotive & transport, and industrial sectors in developing nations is also driving the development of the worldwide polymer emulsion industry. On the other side, the volatility of the price of raw materials creates a significant obstacle to its market growth. However, ongoing development in the commercialization of bio-based polymer emulsion is anticipated to generate significant growth possibilities during the forecast period.

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The acrylic segment expected to grow at the fastest rate of 8.5% CAGR during the forecast period

Based on the form, the worldwide market for polymer emulsion has been segmented into acrylic, vinyl acetate, SB latex, and others.

Due to its outstanding characteristics such as elevated durability and absence of VOC content, acrylics are the most commonly used polymer emulsion in the end-use sectors worldwide. In addition, acrylics are widely used to create polymers with rigid, flexible, ionic, nonionic, hydrophobic or hydrophilic characteristics. These polymers are transparent, provide great gloss finish, enhanced adhesion to non-porous surfaces, resistance to breakage and good flow and stability. Due to the aforementioned factors, acrylic polymer emulsion is expected to grow at the fastest rate throughout the forecast period.

Based on application, the paints & coating segment is expected to lead during the forecast period Based on application, the market has been segmented into paints & coatings, adhesives & sealants, paper & paperboard, and others.

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The paints & coating segment accounted for the largest share in the market in 2018. Due to its small VOC content, polymer emulsion is the ideal solution for paint & coating applications Again, polymer emulsion is not flammable and lowers storage & processing fees and fire insurance expenses. In addition, the production method of polymer emulsion paints & coatings needs a reduced carbon footprint as they consume less power.

Asia-Pacific to dominate the polymer emulsion market throughout the forecast period Asia-Pacific accounted for nearly 40% share of the global polymer emulsion market in 2018 and is expected to dominate the market throughout the forecast period followed by Europe and North America.

Strong economic growth in the Asia-Pacific region is one of the main variables driving polymer emulsion consumption in the region. In addition, the development of the building, automotive and textile production industries in important nations such as Japan, India and China is also driving the development of polymer emulsion in the Asia-Pacific region. Europe accounted for the highest CAGR in the global polymer emulsion market during the forecast period.

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Company Profiles and Competitive Intelligence:

The major players operating in the global polymer emulsion market are
·        BASF SE (Germany),
·        Arkema Group (France),
·        DIC Corporation (Japan),
·        DowDuPont (US),
·        Celanese Corporation (US),
·        The Lubrizol Corporation (US),
·        Wacker Chemie AG (Germany),
·        Trinseo (US),
·        Synthomer Plc (UK),
·        Omnova Solutions Inc. (US)
·        among others. 

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