According to the latest market survey conducted by Future Market Insights, the global Polymer Emulsion market is relishing a market valuation of USD 23,867.2 Million in 2022, and all are set to expand with a CAGR of 6.1% during the 2022 to 2032 period. The market is anticipated to top a valuation of USD 43,147.5 Million by the end of the forecast period.
Attributes | Details |
---|---|
Market Size 2022 | USD 23,867.2 Million |
Market Size 2032 | USD 43,147.5 Million |
Value CAGR (2022 to 2032) | 6.1% |
Collective Value Share: Top 3 Countries (2022E) | 50% to 55% |
The process of combining two liquids with different densities is known as an emulsion (oil-water). In the process of emulsion polymerization, a monomer is emulsified in the presence of water and a surfactant, particularly sodium stearate, to create a polymer emulsion.
Styrene, acrylonitrile, butadiene, acrylate ester, and methacrylate ester are the monomers that are most frequently employed in the emulsion polymerization process. Speciality chemicals including offset inks, adhesives, paper & paperboards, paints and coatings, textiles, and construction chemicals are produced using polymer emulsions, which are speciality polymers.
A procedure known as polymer emulsion synthesis yields polymers with high molecular weight and extremely low volatile organic components. Products made from polymer emulsions based on polyvinyl acetate have a considerable impact on the adhesive, paint, and coatings industries.
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Over the period covered by the study (2015-2021), the Paints & coating, and paper industry, in particular, has seen significant growth in its customer base. The market for Polymer Emulsions was recorded to grow at a phenomenal CAGR of 4.7 % between 2015 and 2021, mostly due to the Low capital requirement for setting up manufacturing units, environment friendly, and possess rapid polymerization.
Whereas, as per the latest survey conducted by FMI, the Polymer Emulsion market is expected to progress at a CAGR of 6.1% between 2022 and 2032. In order to prevent garments from being damaged and to preserve the packaging's visual appeal, the polymer emulsion coating lends paper resistance to oil and grease. The rising application of Polymer Emulsion in various industries and the increasing awareness about eco-friendly products drive the market for polymer emulsion.
A Rise in the Use of Polymer Emulsion with Bio-Based Supplements
It is projected that emulsions made up of bio-based polymers and water will offer tremendous development prospects. Over the forecast period, rising consumer awareness of green construction is expected to fuel demand globally.
The development of paints and coatings with low VOC content or no VOCs is likely to be supported by the movement in consumer preference toward the use of environmentally friendly paints and coatings and the favourable regulatory environment.
High molecular weight polymers with negligible viscosity are created using the emulsion polymerization process. However, polymers can also be customised based on how they will be used.
Increasing Usage of Polymer Emulsion in the Automotive Industry
According to FMI Analysis automotive industry is expected to boost the demand for polymer emulsions as it is used in LASD coatings and can be tailored for flexibility, adhesion, and filler content. Another excellent feature for manufacturers is that they attach to metal components without difficulty. Utilizing polymer emulsions has additional benefits, such as less expensive application and improved consistency and repeatability of placement.
Styrene-butadiene polymer emulsions are used to formulate these coatings. This is due to its ability to accommodate high filler loadings, compatibility with anti-corrosion pigments, and its range of strength and flexibility to meet the demands of harsh operating environments. With all these above-mentioned facts it is expected that growth in the automotive industry drives the demand for polymer emulsion.
In 2022, the Paints and coatings sector dominated the market and generated the majority of global revenue. Polymer emulsions are used in a wide range of products, including adhesives, inks, paints, films, drug delivery systems, coatings, gloves, and cosmetics, floor polish. The modelling and regulation of the PSD are of great interest and are an important area of research since the end-use properties of the polymers largely depend on the PSD. A significant portion of the growth of the polymer emulsion market is anticipated to come from the end users’ applications in the paints and coating industries over the course of the forecast period as a result of these industries’ highest consumption of polymer emulsion.
The demand for high-quality paints has increased recently, as a result, companies that produce paint are using more emulsion polymers to raise the calibre of their finished goods.
In the upcoming years, it is predicted that growing permanent and removable adhesive usage in the consumer products sector would expand market opportunities for polymer emulsion.
The binder used in the formulation of paint is a polymer emulsion made with good opacity and deep colour. Physical and chemical characteristics of the prepared paints were evaluated, including viscosity, gloss, hot box stability, gloss retention, opacity, colour, scrub resistance, adhesion, etc. As a result, one of the main factors propelling the market forward is the paints and coating sector's exponential increase.
North America is the leading Polymer Emulsion market, holding the majority of shares in global revenue in 2022, The size of the North American polymer emulsion industry is expected to grow significantly in the coming years.
Regional demand is primarily driven by expansion in the automotive sector. Automakers in the region are rapidly ramping up vehicle production to meet rising consumer demand.
For example, the General Motors Company announced in October 2020 to expand the production of electric vehicles in the United States over the next few years. These factors, along with increased building renovation activity and growing demand for high-quality beauty, cosmetic and personal care products, will boost the growth of the polymer emulsion market in the region.
The market is expected to expand at the fastest rate in the Asia Pacific. China is the largest economy in the Asia-Pacific area in terms of GDP. Today, China is one of the largest production hubs in the world and one of the fastest-growing rising economies.
The region's economy has been steadily improving, which has improved customers' financial situations and increased demand for homes and other infrastructure projects in the nation.
2016 marked the beginning of China's 13th Five-Year Plan and was a significant year for the country's engineering, procurement, and construction (EPC) sector. Additionally, the Country experimented with innovative business methods both domestically and Internationally throughout the year. All these factors are expected to boost the demand for polymer emulsion in Asia pacific regions.
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To meet the rising industrial demand for Polymer Emulsion applications in end-use industries including Building & Construction, Chemicals, Automotive, and Textile & Coatings, market participants are constantly improving the production process and formulations to increase their global footprint and better position themselves to take advantage of the burgeoning market opportunity, some major companies in the market are engaging in mergers and acquisitions, and new entrants to the sector are also doing the same. For Instance
A similar development has been tracked by Future Market Insights in its latest market study.
Attribute | Details |
---|---|
Growth Rate | CAGR of 6.1% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, Volume in Tons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type, Application, End-Use Industry, Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia Pacific; Middle East and Africa |
Key Countries Covered | USA, Canada, Mexico, Brazil, Germany, UK, France, Italy, Spain, Russia, BENELUX, China, Japan, South Korea, India, ASEAN Countries, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa |
Key Companies Profiled | Asahi Kasei; Financiera Maderera; Wacker Chemie; Trinseo; BASF; Celanese; OMillionova Solutions; Arkema; DIC; BATF Industrial; Nuplex; DSM |
Customization & Pricing | Available upon Request |
In 2022, the value of the global Polymer Emulsion market reached over USD 23867.2 Million
During the forecast period, the global Polymer Emulsion market is estimated to expand at a CAGR of 6.1% during 2022-2032.
The global Polymer Emulsion market is projected to reach USD 43147.5 Million by the end of 2032.
The key players operating in the Polymer Emulsion market are Asahi Kasei, Financiera Maderera, Wacker Chemie, Trinseo, BASF, Celanese, Omnova Solution, Arkema, DIC, BATF Industrial, Nuplex, DSM and various others.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Application 6.3. End-Use Industry 7. Global Market Analysis and Forecast, By Product Type 7.1. Acrylic 7.2. Styrene Butadiene Latex 7.3. Vinyl Acetate Polymers 7.4. Polyurethane Dispersions 7.5. Others (hybrid epoxy, silicon, etc.) 8. Global Market Analysis and Forecast, By Application 8.1. Adhesive & Sealants 8.2. Paints & Coatings 8.3. Paper & Paperboard 8.4. Others 9. Global Market Analysis and Forecast, By End-Use Industry 9.1. Building & Construction 9.2. Chemicals 9.3. Automotive 9.4. Textile & Coatings 9.5. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. South Asia Pacific 10.5. East Asia 10.6. Middle East & Africa 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. South Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Type, Application, and End-Use Industry for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Asahi Kasei 19.2. Financiera Maderera 19.3. Wacker Chemie 19.4. Trinseo 19.5. BASF 19.6. Celanese 19.7. OMillionova Solutions 19.8. Arkema 19.9. DIC 19.10. BATF Industrial 19.11. Nuplex 19.12. DSM
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