Emulsion Polymers Market – Worldwide Market Overview
Emulsion polymer is a polymer that is derived from emulsion of monomer surfactant and water. Emulsion polymer market is expected to experience an augmented growth owing to rise in demand of paints and coatings industry. Other major applications of emulsion polymers are paper and paperboards, adhesives, and paint market. Emulsion polymers can be segmented as synthetic rubber, plastics and dispersions.
The latest report on the global emulsion polymer market titled “Global Emulsion Polymers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021 ” studies the market by application (paints and coatings, adhesives, and paper and paperboard coatings), by products (into acrylics, vinyl acetate polymers, and styrene- butadiene latex, others) and by geography. The report provides a descriptive analysis about the current and future market opportunities.
The report segments the global emulsion market based on products into acrylics, vinyl acetate polymers, and styrene- butadiene latex. Acrylics market is estimated to be largest market owing to its properties of water resistance and quick drying ability. This market has experienced an augmented growth due to the growing demand of paints and coating market. Vinyl acetate polymers has also been witnessing growth led by the rise in its use in binders for paints industry, adhesives, and coatings industry.Styrene – butadiene latex is a discreet market due to the sluggish growth in the paper and paperboard industry.
Emulsion polymers is categorised based on its various applications in paints and coatings, adhesives, and paper and paperboard coatings. Paints and coatings market has dominated this market due to rise in demand of water-resistance paints over oil-based paints. The demand for adhesives market has also increased with the rise of vinyl emulsion in industrial companies.
Urbanization and rapid industrial development in China and India has made Asia- Pacific as the fastest growing market. Market leaders of the construction industry are heavily investing in this region which has largely led to the development of emulsion polymers market. North – America market has also experienced an augmented growth due to use of emulsion polymers in building and construction industries.
Developing countries have majorly contributed to the upward movement of this market. The rise in disposable income has led to more buying in the housing and automobile industry. In addition to this rise in demand of adhesives in furniture, packaging and automotive industry has also powered the growth of the emulsion polymers market. The increased demand for bio- based polymers has also been a major factor in the development of this market. Stringent government rules and growing environmental concerns are some factors that would act as a restrain for this market.
This market is highly disintegrated market with 5 players holding the maximum share. They are Akzo Nobel N.V, Arkema S.A, DIC Corporation, The Dow Chemical Company, and Wacker Chemie A.G. Recently, Apcotex Industries, one of the leading producers of performance emulsion polymers in India, has acquired 100-percent stake of Omnova Solutions India Pvt Ltd. This market is highly competitive, companies have been focusing on mergers and acquisitions and new product launch to help them to gain maximum market share
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