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U.S.
emulsion polymer market volume by product, 2014-2024, (Kilo Tons)
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The global Emulsion Polymer Market is
expected to reach USD 56.86 million by 2024, according to a new report by Grand
View Research, Inc. Acrylic use for superabsorbent polymers and personal care
products is increasing on account of their quick drying ability and water
resistance characteristics. Such favorable characteristics are anticipated to
augment overall industry demand.
Increasing construction spending,
particularly in Asia Pacific and the Middle East, has prompted the demand for
paints & coatings in the recent past. The growth of paints & coatings
industry has had a direct impact on emulsion polymer demand. Stringent
environmental regulations to control noxious chemical emissions coupled with
increasing preference for greener products are expected to limit synthetic
based demand and augment bio-based and water based product demand. Volatile
prices of key raw materials are expected to remain a key challenge for market
participants over the forecast period.
Acrylics was the leading product segment
and accounted for 39.3% of total market volume in 2015. High demand for diapers
& training pants and personal care particularly in the emerging markets of
Asia Pacific is expected to drive this segment over the forecast period. It is
also expected to witness the highest growth of 6.0% from 2016 to 2024.
Full Research Report On Emulsion Polymer Market Analysis:
Further key findings from the report suggest:
·
The global emulsion polymer
market demand was 13.36 million tons in 2015 and is expected to reach 21.88
million tons by 2024, growing at a CAGR of 5.7% from 2016 to 2024
·
Paints& coatings emerged as
the leading application segment with demand share exceeding 35% in 2015.
Increasing construction activities in China, India, South Korea and the Middle
East coupled with a positive outlook on the global automotive industry is
expected to drive this segment over the forecast period.
·
Asia Pacific was the leading
regional market with demand share estimated 40% in 2015. Rapid urban
construction has increased the paint consumption which in turn is expected to
fuel the global market. Asia Pacific is also expected to witness the fastest
growth of 7.2% from 2016 to 2024.
·
Key players operating in the
global emulsion polymer market include Nuplex industry, Synthomer, STI polymer,
Wacker Chemie AG, BASF, Omnova Solutions, Styron, Clariant International
Limited, and DIC Corporation. Product innovation coupled with expansion
strategies are expected to be adopted by the mid-sized manufacturers to
increase their global presence.
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has segmented the
emulsion polymer market on the basis of product, application and region:
Global Emulsion Polymer Product Outlook (Volume, Kilo
Tons; Revenue, USD Million, 2016 - 2024)
·
Acrylics
·
Styrene-Butadiene Latex
·
Vinyl Acetate Polymers
·
Others
Global Emulsion Polymer Application Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2016 - 2024)
·
Paints and Coating
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Paper and Paperboard coating
·
Adhesives
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Others
Global Emulsion Polymer Regional Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2016 - 2024)
·
North America
o U.S
o Mexico
·
Europe
o European Union (EU)
o Russia
o Turkey
·
Asia Pacific
o China
o India
o Japan
o South Korea
·
Central & South America
o Brazil
·
Middle East and Africa
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/emulsion-polymer-market-report
https://www.grandviewresearch.com/press-release/emulsion-polymer-market-report
About Grand View
Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
