Dublin, Oct. 08, 2020 (GLOBE NEWSWIRE) — The “Polymer Emulsion Market by Type (Acrylics, Vinyl Acetate Polymers, SB Latex) Application (Paints & Coatings, Adhesives & Sealants, Paper & Paperboard) End Use Industry (Buildings & Construction, Automotive, Textile & Coatings) – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global polymer emulsion market size is projected to reach USD 38,120.5 million by 2025, at a CAGR of 8.6% between 2020 and 2025.
The growth of the market is driven mainly by the growing end-use industries such as transportation, consumer durables, and building & construction, especially in developing countries.
Polymer emulsion is witnessing steady growth owing to increasing demand from various end-use industries, namely construction, automotive, textile & coatings, and chemicals. Polymer emulsion exhibits excellent chemical & impact resistance, improved performance, and aesthetics of industrial products. Owing to superior properties, such as low VOC, high adhesion, water resistance, and high viscosity, polymer emulsions are used extensively in paints & coatings. The building & construction industry witnessed high growth due to increasing construction activities, coupled with rising demand for high-quality paints & coatings. In the automotive industry, polymer emulsion helps to provide flexibility, excellent adhesion, and wear resistance, which is required in the automotive interior.
Acrylics polymer emulsion segment is estimated to dominate the overall Polymer emulsion market
Acrylics are synthesized from acrylic monomers and the most widely used polymer emulsions. Acrylics are probably the most versatile family of monomers. Acrylic monomers comprise the monomeric alkyl esters of acrylic acid and methacrylic acid and their derivatives. Methyl-, ethyl-, butyl- and 2-ethylhexyl-acrylate, methyl methacrylate, and acrylic- and methacrylic-acid are the most commonly used acrylic monomers. Acrylics are used to prepare polymers with rigid, flexible, ionic, nonionic, hydrophobic, or hydrophilic properties. They are transparent, have resistance to breakage, provide excellent finish gloss, improved adhesion to non-porous surfaces, and flow and stability. They are also commonly known as polyacrylates.
Paints & coating is the largest application market for polymer emulsion
The paints & coatings segment is the biggest consumer of polymer emulsion. Earlier, solvent-based paints & coatings were used widely. However, the high VOC content of solvent-based products and the implementation of government regulations regarding air pollution control has stimulated the development of low VOC paints & coatings. This increased the demand for water-based paints & coatings, which in turn, drive the growth of polymer emulsions in the paints & coatings segment. Polymer emulsion paints & coatings are used mainly to decorate and protect new construction as well as to maintain existing structures, including residential homes & apartments, public buildings, and plants & factories.
APAC is projected to be the largest Polymer emulsion market
The Asia Pacific is the largest and fastest-growing market for polymer emulsion. It accounted for the largest share of the global market, in terms of value, in 2019. The market in this region is dominated by countries such as China, India, and Japan. The region is witnessing growth in the polymer emulsion market because of the rapid expansion of building & construction, consumer durables, and transportation sectors.
Key Topics Covered:
2 Research Methodology
3 Market Overview 3.1 Introduction 3.2 Market Dynamics 3.2.1 Drivers 22.214.171.124 Increasing Demand from Growing End-Use Industries in Emerging Countries 126.96.36.199 Stringent Regulations Regarding VOC Emission 188.8.131.52 Increasing Awareness About Green Buildings 3.2.2 Restraints 184.108.40.206 Volatile Raw Material Cost 3.2.3 Opportunities 220.127.116.11 Rising Demand for Bio-Based Polymer Emulsion 3.2.4 Challenges 18.104.22.168 Manufacturing Cost-Effective Polymer Emulsion
4 Industry Trends 4.1 Porter’s Five Forces Analysis 4.1.1 Threat of New Entrants 4.1.2 Threat of Substitutes 4.1.3 Bargaining Power of Suppliers 4.1.4 Bargaining Power of Buyers 4.1.5 Intensity of Competitive Rivalry 4.2 Macroeconomic Overview and Key Trends 4.2.1 Introduction 4.2.2 Paper & Packaging Industry 4.2.3 Trends and Forecast in the Construction Industry Before COVID-19 Outbreak 4.3 Trends and Forecast in the Automotive Industry 4.4 Growth Trend of World GDP Before COVID-19 Outbreak
5 Executive Summary
6 Premium Insights 6.1 Attractive Opportunities in the Polymer Emulsion Market 6.2 Polymer Emulsion Market, by Region 6.3 Polymer Emulsion Market, by Country 6.4 Polymer Emulsion Market, by Type 6.5 Polymer Emulsion Market, by End-Use Industry
7 Polymer Emulsion Market, by Type 7.1 Introduction 7.2 Acrylic Polymer Emulsion 7.2.1 Wide Range of Applications and Low VOC Emissions Drives the Demand for Acrylic-Based Polymer Emulsion 7.3 Vinyl Acetate Polymer Emulsion 7.3.1 Low Cost and Increasing Demand from Construction Industry Drives the Demand of Vinyl Acetate Polymer Emulsions 7.4 SB Latex 7.4.1 Wide Usage of SB Latex Polymer Emulsion in Carpet Backing and Adhesive Applications Drives Its Demand 7.5 Others
8 Polymer Emulsion Market, by Application 8.1 Introduction 8.2 Paints & Coatings 8.2.1 Expansion in End-Use Industries Drives the Demand of Polymer Emulsion in Paints & Coatings Applications 8.3 Adhesives & Sealants 8.3.1 Shift from Solvent-Based Formulations to Water-Based Formulations to Drive the Demand of Polymer Emulsion in Adhesives & Sealants Application 8.4 Paper & Paperboard 8.4.1 Increasing Demand from Packaging Industry to Support the Growth of Polymer Emulsion in Paper & Paperboard Application 8.5 Others
9 Polymer Emulsion Market, by End-Use Industry 9.1 Introduction 9.2 Building & Construction 9.2.1 Increasing Use of Polymer Emulsion Drives the Demand in Building & Construction Industry 9.2.2 Impact of COVID-19 on the Building & Construction Industry 9.3 Automotive 9.3.1 Water-Based Emulsion Polymer for Use in the Automotive Industry 9.3.2 Impact of COVID-19 on the Automotive Industry 9.4 Textile & Coatings 9.4.1 Sanguine Demand from Non-Woven Textiles Drives the Growth of the Polymer Emulsion Market 9.4.2 Impact of COVID-19 on the Textile & Coatings Industry 9.5 Chemicals 9.5.1 Increasing Demand from Chemicals Industry to Support the Growth of Polymer Emulsion Market 9.5.2 Impact of COVID-19 on the Chemical Industry 9.6 Others
10 Polymer Emulsion Market, by Region 10.1 Introduction 10.2 Asia Pacific 10.2.1 China 10.2.1.1 Expanding End-Use Industries and Stringent Government Regulation are Expected to Drive the Market 10.2.2 Japan 10.2.2.1 Shift Towards Water-Based Formulations is Supporting Growth of Polymer Emulsion Market 10.2.3 India 10.2.3.1 Rapid Industrialization is Driving the Market in India 10.2.4 Malaysia 10.2.4.1 Strong Construction Activities to Drive the Growth of Polymer Emulsion Market 10.2.5 South Korea 10.2.5.1 Government’s Efforts to Promote Technology and Manufacturing Industries to Drive the Demand for Polymer Emulsion 10.2.6 Rest of Asia Pacific 10.3 Europe 10.3.1 Impact of COVID-19 on Europe 10.3.2 Germany 10.3.2.1 Strong Economy and Manufacturing Sector Drives the Demand for Polymer Emulsion 10.3.3 France 10.3.3.1 Stringent Regulations to Reduce VOC Emissions to Drive the Market 10.3.4 UK 10.3.4.1 Expansion in Construction and Packaging to Drive the Demand for Polymer Emulsion 10.3.5 Russia 10.3.5.1 Stable Economic Growth and Increasing Investment to Expand End-Use Industries of Polymer Emulsion 10.3.6 Turkey 10.3.6.1 Strong Economic Growth and Expansion of End-Use Industries to Drive the Polymer Emulsion Market 10.3.7 Italy 10.3.7.1 Stringent Regulations on VOC Content and Growing Awareness About Environment-Friendly Products to Drive the Demand 10.3.8 Rest of Europe 10.4 North America 10.4.1 Impact of COVID-19 in North America 10.4.2 US 10.4.2.1 Strong Economic Growth and Stringent Regulation for VOC Emission is Expected to Drive the Market of Polymer Emulsion 10.4.3 Canada 10.4.3.1 Increase in Investment in the Oil & Gas Industry is Boosting the Polymer Emulsion Market in Canada 10.4.4 Mexico 10.4.4.1 Expansion in End-Use Industries is Expected to Drive the Market for Polymer Emulsion 10.5 Middle East & Africa 10.5.1 Impact of COVID-19 on Middle East & Africa 10.5.2 Saudi Arabia 10.5.2.1 Efforts to Diversify Oil-Based Economy and Strong Economic Growth will Increase the Demand for Polymer Emulsion 10.5.3 Iran 10.5.3.1 Lifting of Sanctions is Expected to Boost Its Industrial Base and Construction Sector 10.5.4 UAE 10.5.5 Rest of Middle East & Africa 10.6 South America 10.6.1 Impact of COVID-19 on South America 10.6.2 Brazil 10.6.2.1 Rebound in Economic Growth Likely to Boost Demand for Polymer Emulsion in Paints & Coatings 10.6.3 Argentina 10.6.3.1 Revival of Economic Growth to Drive Demand in Automotive and Construction Industries 10.6.4 Rest of South America