Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 24.53 Billion | USD 41.45 Billion | 6% | 2023 |
According to a report from Zion Market Research, the global Polymer Emulsion Market was valued at USD 24.53 Billion in 2023 and is projected to hit USD 41.45 Billion by 2032, with a compound annual growth rate (CAGR) of 6% during the forecast period 2024-2032.
This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Polymer Emulsion industry over the next decade.
Polymer emulsion can be carried out through emulsion polymerization procedure in which the monomer emulsification is made with water and surfactant acting as a catalyst. The normally used monomers in the emulsion polymerization process include acrylate ester, styrene, butadiene, acrylonitrile, and methacrylate ester. Polymer emulsions find a plethora of applications in the production of adhesives, textiles, paper & paperboards, paints & coatings, offset inks, and construction chemicals.
Inflating a number of polymer emulsion applications across paints & coatings, paper, adhesives, and textiles will drag the growth graph of polymer emulsion market in the upward direction. Owing to the flame resistant property of polymer emulsion-based paintings & coatings, the polymer emulsion market is likely to gain traction over the years to come. Additionally, low capital need for establishing production entities is a key factor accelerating polymer emulsion market progress. However, rising raw material costs will inhibit the expansion of polymer emulsion market in the years to come.
Moreover, escalating demand for the product across building & construction, vehicle, transport, and industrial sectors in developing markets and strict legislations in Europe and North America will multiply the polymer emulsion market size.
The polymer emulsion market can be classified into end user, product type, and application.
product type wise, the market is sectored into vinyl acetate polymers, acrylic, polyurethane dispersions, and styrene butadiene latex.
End-user wise, the polymer emulsion market is classified into chemicals, textile & coatings, automotive, building & construction, and others.
Application wise, the polymer emulsion market is classified into paper & paperboard, adhesive & sealants, paints & coatings, and others.
Report Attributes | Report Details |
---|---|
Report Name | Polymer Emulsion Market |
Market Size in 2023 | USD 24.53 Billion |
Market Forecast in 2032 | USD 41.45 Billion |
Growth Rate | CAGR of 6% |
Number of Pages | 110 |
Key Companies Covered | The Dow Chemical Company, H.B. Fuller, Synthomer Plc, Omnova Solutions Inc., Celanese Corporation, Scott Bader Company Ltd., The Lubrizol Corporation, 3M, Wacker Chemie AG, BASF SE, and Apotex Industries Ltd |
Segments Covered | By End User, By Product Type, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on region, the polymer emulsion market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Escalating demand of the product in building & construction, paints and coatings, and automotive sectors in developing nations of Asia Pacific will catapult the polymer emulsion market growth over the forecast timeline. Furthermore, massive demand for paints & coatings in the countries of Europe will further stimulate the growth of polymer emulsion market in Europe.
Massive use of the product in the countries such as the U.S. in North America will impel polymer emulsion market size across the region. Thriving automotive sector along with large-scale construction activities carried out in Latin America will steer the expansion of Latin American polymer emulsion market in the near future. The Middle East & African market is slated to experience a humungous growth over the coming years, subject to humungous presence of manufacturers along with favorable initiatives taken by the government for infrastructural growth in the region.
Some of key players in polymer emulsion market are -
By Product Type
By End-User
By Application
Global Polymer Emulsion Market: Regional Segment Analysis
FrequentlyAsked Questions
A colloidal dispersion of polymer particles in water is referred to as a polymer emulsion. It is typically produced through a process known as emulsion polymerization, in which monomers (tiny molecules that can join together) are dispersed in water with the assistance of surfactants or emulsifying agents. Subsequently, the monomers are polymerized (linked together) to form larger molecules, or polymers. The emulsion that results is composed of fine polymer particles suspended in water, which facilitates its application and handling in a variety of industrial and commercial settings.
The demand for water-based polymer emulsions, which are considered eco-friendly alternatives to solvent-based products, has been stimulated by stringent regulations on volatile organic compounds (VOCs) and a growing awareness of environmental issues.
According to a report from Zion Market Research, the global Polymer Emulsion Market was valued at USD 24.53 Billion in 2023 and is projected to hit USD 41.45 Billion by 2032.
According to a report from Zion Market Research, the global Polymer Emulsion Market a compound annual growth rate (CAGR) of 6% during the forecast period 2024-2032.
Based on region, the polymer emulsion market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The Dow Chemical Company, H.B. Fuller, Synthomer Plc, Omnova Solutions Inc., Celanese Corporation, Scott Bader Company Ltd., The Lubrizol Corporation, 3M, Wacker Chemie AG, BASF SE, and Apotex Industries Ltd
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