Global Polymer Emulsion Market: Overview
Product innovation leaping from solvent-borne polymer emulsion to water-borne variants is leading to an upsurge in the global polymer emulsion market. Due to increasing environment protection norms conventional solvent-based emulsion polymers are losing ground to water-based products.
Structurally, an emulsion polymer refers to a colloidal dispersion of disjointed polymer particles in an apparatus such as water. The size of constituent particles of an emulsion polymer is typically between 0.01- 1.o microns.
TMR’s upcoming report on the global polymer emulsion market provides a quantitative and qualitative analysis of the global polymer emulsion market. The report delves int market drivers, restraints, and opportunities that could influence the growth of this market over the forecast period. Apart from this, market size projections and revenue share of key segments over the forecast period are some other key features of this report. Geographical distribution along with a succinct analysis of competitive position of key players adds to the credibility of the report.
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Global Polymer Emulsion Market: Key Trends
The vast end-use applications of latex products such as trade paints, printing inks, and industrial coatings that use polymer emulsions for binding is a key factor driving the global polymer emulsion market.
Exponential economic growth in emerging economies leading to the demand for consumer goods is stoking demand for polymer emulsion for a number of end-use industries. This includes paints & coatings, paper & paperboard, and adhesives & sealants. Low VoC content of emulsion polymers over alternate products is boosting their uptake. Moreover, polymer emulsion based paints & coatings are non-inflammable, which helps reduce handling cost and fire insurance cost of paints & coatings.
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At present, increasing environmental deterioration has raised alarm among environment protection agencies. These agencies are increasingly enforcing use of environment-friendly materials for the manufacture of products used in several end-use industries.
In addition, increasing efforts for the construction of green buildings is indirectly benefitting the polymer emulsion market. Water-based polymer emulsion are free of VoC emissions unlike their synthetic counterpart. This is serving to boost the global polymer emulsion market.
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Global Polymer Emulsion Market: Geographical Analysis
Geography-wise, the global polymer emulsion market could be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among them, Asia Pacific is projected to emerge as a key region for polymer emulsion over the forecast period. This is mainly due to the rapid expansion of end-use industries of polymer emulsion in the region. In addition, low cost of setting up manufacturing facility and easy availability of feedstock are some other factors boosting the Asia Pacific polymer emulsion market.
North America and Europe are likely to continue to display moderate growth in the polymer emulsion market over the forecast period.
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Global Polymer Emulsion Market: Competitive Scenario
Leading companies operating in the global polymer emulsion market include BASF SE, Arkema SA, The Dow Chemical Company, Momentive Performance Materials Holdings LLC, AkzoNobel N.V., and Wacker Chemie AG. Product innovation to keep up with environment protection norms is currently the key focus of players in the polymer emulsion market.