Polymer Emulsion Market Size, Share, Opportunities, And Trends By Type (Acrylic, Vinyl Acetate, Polyurethane (PU) Dispersion, Styrene Butadiene (SB) Latex, Others), By Application (Adhesives and Sealants, Paper and Paperboard, Paint & Coatings, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Jul 2023
- Report Code : KSI061614640
- Pages : 135
The polymer emulsion market is projected to grow at a CAGR of 7.78% to reach US$41.037 billion in 2028 from US$24.295 billion in 2021.
Polymer emulsion is used extensively in a wide range of applications such as adhesives, paints, coatings, and paper. Polymer emulsions are water-based and consist of small droplets of polymer dispersed in water. These droplets are stabilized by surfactants that prevent them from coalescing, which makes the emulsion stable and easy to use. The polymer emulsion market is a growing industry that involves the production and distribution of water-based polymers that are used in a variety of applications. Polymer emulsions are created by dispersing small droplets of a polymer in water, which creates a stable mixture that can be used in many different applications. the polymer emulsion market is a growing industry that is used in a wide range of applications and industries. The increasing demand for sustainable and eco-friendly products, coupled with the growth of end-use industries such as construction and automotive, is expected to drive continued growth in the global polymer emulsion market.
The polymer emulsion market is driven by growing demand from various end-use industries such as construction, automotive, textiles, and packaging as well as increased demand for eco-friendly and sustainable products.
- The demand for polymer emulsions is being driven by the growing demand from industries such as construction, automotive, and textiles. Polymer emulsions are used in a wide range of applications in these industries, including coatings, adhesives, and sealants. According to the United States Geological Survey, the total US production of synthetic latex polymers, which includes polymer emulsions, was 3.9 million metric tons in 2020. This represents an increase of 4% from the previous year. Additionally, this has led to an increase in the value of shipments for goods associated with polymer emulsions. The US Census Bureau reports that the value of shipments of adhesives and sealants, which include polymer emulsions, was US$12.3 billion in 2020. This represents an increase of 5.6% from the previous year.
- The increasing awareness of environmental issues is driving the demand for sustainable and eco-friendly products. Polymer emulsions are often used as a replacement for traditional solvent-based products, as they have lower VOC emissions and are non-toxic.
Market Developments:
- In January 2023, Engineered Polymer Solutions (EPS), a global speciality chemicals company, announced the launch of a new acrylic direct-to-metal polymer for the coatings market called EPS 2585, a high-solids waterborne acrylic emulsion. It has the capability to be formulated for direct-to-metal applications, making it ideal for high-performance general industrial and railcar coatings. The polymer offers excellent hardness, block resistance, and early water resistance. EPS has developed the polymer to meet the market requirements, striking the perfect balance of properties. The new polymer optimizes the coating process by eliminating the priming step, which helps manufacturers save time and money, while also extending the life of coated products. The product is well-suited for exterior applications due to its exceptional gloss retention and multi-substrate adhesion.
- In September 2022, Mallard Creek Polymers, LLC (MCP) launched Rovene® 6590, an emulsion polymer for pressure-sensitive adhesive (PSA) applications that is free of alkylphenol ethoxylates (APEO) and specifically targets the construction and flooring adhesives' performance requirements. Rovene 6590 is an acrylic polymer with a low glass transition temperature (-41°C) and high solids content (61%), boasting excellent peel/loop tack and shear balance, with consistent peel increase over a 24-hour period. It is also formulated for enhanced adhesion to low surface energy substrates, particularly polyolefin-based substrates. The product has shown exceptional performance in flooring adhesive applications, with demonstrated resistance to alkali water and plasticizers. It also requires less thickener and offers good mechanical stability, allowing it to be effectively formulated to increase its viscosity and incorporate fillers.
Based on application, the polymer emulsion market is expected to witness positive growth in the paint and coatings segment.
The polymer emulsion market is a significant component of the global paint and coatings industry. Polymer emulsions are widely used in paints and coatings as a binder or adhesive to enhance the performance of the coating. They provide various benefits such as improved water resistance, durability, adhesion, and gloss retention, making them an essential component of many paint and coating formulations. It is a crucial market segment for the polymer emulsion industry, and it is expected to continue to witness significant growth in the coming years, driven by the increasing demand for high-performance, water-based coatings and the growth of the construction and automotive industries.
North America and Asia Pacific account for major shares of the polymer emulsion market.
In North America, the United States is the largest market for polymer emulsions. The growth of the construction industry in the region has led to an increase in demand for polymer emulsions for coatings, adhesives, and sealants. Additionally, the growing demand for water-based coatings and adhesives in the region is driving the growth of the market.
In the Asia-Pacific region, China, India, and Japan are the largest markets for polymer emulsions. The growth of the construction industry in these countries, coupled with the increasing demand for water-based coatings and adhesives, is driving the growth of the market. Additionally, the increasing population and urbanization in these countries are leading to a rise in demand for infrastructure, further driving the demand for polymer emulsions.
Polymer Emulsion Market Scope:
Report Metric | Details |
Market Size Value in 2021 | US$24.295 billion |
Market Size Value in 2028 | US$41.037 billion |
Growth Rate | CAGR of 7.78% from 2021 to 2028 |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Type, Application, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Gellner Industrial LLC, Celanese Corporation, Arkema, Akzo Nobel N.V., BASF SE, Synthomer PLC, DOW, Wacker Chemie AG, Accepta Water Treatment |
Customization Scope | Free report customization with purchase |
Market Segmentation:
- By Type
- Acrylic
- Vinyl Acetate
- Polyurethane (PU) Dispersion
- Styrene Butadiene (SB) Latex
- Others
- By Application
- Adhesives and Sealants
- Paper and Paperboard
- Paint & Coatings
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East And Africa
- Saudi Arabia
- UAE
- Israel
- Other
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Taiwan
- Others
- North America
Frequently Asked Questions (FAQs)
The global polymer emulsion market is projected to grow at a CAGR of 7.78% during the forecast period.
The global polymer emulsion market is projected to reach a market size of US$41.037 billion by 2028.
Polymer Emulsion Market was valued at US$24.295 billion in 2021.
The demand for polymer emulsions is driven by the growing demand from industries such as construction, automotive, and textiles.
North America and Asia Pacific account for major shares of the polymer emulsion market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Design
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. POLYMER EMULSION MARKET BY TYPE
5.1. Introduction
5.2. Acrylic
5.3. Vinyl Acetate
5.4. Polyurethane (PU) Dispersion
5.5. Styrene Butadiene (SB) Latex
5.6. Others
6. POLYMER EMULSION MARKET BY APPLICATION
6.1. Introduction
6.2. Adhesives and Sealants
6.3. Paper and Paperboard
6.4. Paint & Coatings
6.5. Others
7. POLYMER EMULSION MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Spain
7.4.5. Others
7.5. Middle East And Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Other
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Taiwan
7.6.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Gellner Industrial LLC
9.2. Celanese Corporation
9.3. Arkema
9.4. Akzo Nobel N.V.
9.5. BASF SE
9.6. Synthomer PLC
9.7. DOW
9.8. Wacker Chemie AG
9.9. Accepta Water Treatment
Gellner Industrial LLC
Celanese Corporation
Arkema
Akzo Nobel N.V.
BASF SE
DOW
Wacker Chemie AG
Accepta Water Treatment
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