A recent report published by
Infinium Global Research on the emulsion polymers market provides an in-depth analysis
of segments and sub-segments in the global as well as regional emulsion
polymers market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional emulsion polymers market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global emulsion polymers market.
According to the report, the global emulsion polymers market is projected to
grow at a CAGR of 6.1% over the forecast period of 2020-2026.
Emulsion Polymers are obtained by
polymerization and emulsion of surfactants, monomers (styrene and butadiene),
and water. They are monomer dissolved in water and are known as waterborne
solvent due to the water content. Due to their low Volatile Organic Compound
(VOC) and Vinyl Acetate (VA) content, emulsion polymers have replaced harmful
solvent-borne polymers. Emulsion polymers improve recyclability and have a
longer life than solvent-borne polymers, thereby increasing the demand for the
former. They have a high molecular weight which results in fast polymerization
and is widely used in various industries.
Additionally, the current concern
over the spread of coronavirus is expected to have a major impact on the
emulsion polymers market. The COVID-19 crisis and the control measures
introduced by the government have severely affected businesses although key
players are focusing on keeping the production floating. However, paint and
coatings, textile, paper, and adhesives are listed as non-essential services by
government regulations which in turn affecting production rate and material
availability. Further, key players operating in this field also facing huge
disruption in the whole production and supply chain and a massive shortage of
skilled labor force.
The global emulsion polymer market
is driven by the rising demand for paints & coatings from the building
& construction and textile industries. The construction and textile
industries in emerging economies such as India, China, South Korea are growing
at a rapid pace, escalating the demand for emulsion polymers. Further, the
growing adoption of eco-friendly technology for paint and coating and the
presence of large unskilled labor, changing trends in the paints & coatings
industry are the key contributing factors for the emulsion polymers market
growth. However, unstable prices and stringent government regulations
associated with raw materials such as butadiene, styrene, and urethane are some
factors restraints market growth. Furthermore, growing awareness of bio-based
emulsion polymers and the rising usage of water-borne acrylic dispersion in
end-user industries is likely to service opportunities for the emulsion polymer
market growth in the coming future.
Geographically, Asia Pacific held
the largest share in the emulsion polymers market in 2019. China and India are
the key revenue generator in the Asia Pacific emulsion polymers market. Factors
such as low-cost labor, easy availability of raw material, and rapid growth in
the manufacturing industry augmenting the demand for the emulsion polymers in
the Asia Pacific. Further, North America is expected to witness rapid growth in
the forecast period owing to the increasing purchasing power of consumers and
rising demand for a better aesthetic view.
The report on global emulsion
polymers market covers segments such as product type, and application. On the
basis of product type, the sub-markets include vinyl acetate polymers,
acrylics, styrene-butadiene latex, polyurethane dispersions, and others. On the
basis of application, the sub-markets include paper & paperboard,
adhesives, textile & non-woven, paints & coatings, and others.
The report provides profiles of
the companies in the market such as Celanese Corporation, Arkema S.A., BASF SE,
Asahi Kasei Chemicals Corporation, BATF Industry Co. Ltd., Koninklijke DSM
N.V., DIC Corporation, Trinsea S.A., Nuplex Industries Limited, and Wacker
Chemie AG.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of emulsion polymers market. Moreover, the study highlights current
market trends and provides forecast from 2020-2026. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.