Global Emulsion Polymer Market

Emulsion Polymer Market Size, Share, Growth Analysis, By Type(Acrylics, Vinyl Acetate Polymer, SB Latex), By Application(Paints & Coatings, Adhesives & Sealants, Paper & Paperboard), By End Use(Buildings & Construction, Automotive, Textile & Coatings), By Product(Polyethylene, Polypropylene, Polyvinyl Chloride, Polyurethane), By Application(Paints & Coatings, Adhesives & Sealants, Paper & Paperboard), By End Use(Buildings & Construction, Automotive, Textile & Coatings), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15A2136 | Region: Global | Published Date: February, 2024
Pages: 280 | Tables: 175 | Figures: 79

Emulsion Polymer Market Regional Insights

In 2021, Asia Pacific had the largest Emulsion Polymers market share. Moreover, the availability of low-cost raw materials, land, equipment, and skilled labor are some of the factors driving the growth of the Asia Pacific emulsion industry. The rapidly expanding Chinese and Indian markets are the primary drivers of this significant growth. Water-borne coatings and adhesives are replacing solvent-based coatings and adhesives due to their environmental friendliness. As a result, the market is expected to expand significantly during the forecast period. The Asia Pacific is expected to remain the largest consumer due to increased construction spending, a growing middle-class population, a better lifestyle, and increased spending power.

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Emulsion Polymer Market size was valued at USD 27.23 billion in 2019 and is poised to grow from USD 29.47 billion in 2023 to USD 54.12 billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

The emulsion polymer market is fairly concentrated, with a few big and medium-sized market participants accounting for a large portion of market revenue. Major players are including Celanese Corporation, BASF SE, the Dow Chemical Company, and Arkema Co. 'Celanese Corporation (U.S)', 'DIC Corporation (Japan)', 'Omnova Solutions Inc. (U.S)', 'AkzoNobel', 'Arkema', 'BASF SE', 'Clariant AG', 'Dow Chemical Company', 'Eastman Chemical Company', 'Evonik Industries AG', 'Henkel AG & Co. KGaA', 'Kuraray Co., Ltd.', 'Lubrizol Corporation', 'Nippon Shokubai Co., Ltd.', 'PPG Industries, Inc.', 'Synthomer plc', 'The Dow Chemical Company', 'Wacker Chemie AG', 'Michelman, Inc.', 'ZEON Corporation'

The architectural paints and coatings market is expected to grow significantly in 2021, owing primarily to the increased demand for protective and durable paints. Rapid urbanization and rising consumer disposable income are also expected to drive market growth during the forecast period. This pattern is expected to increase demand for emulsion products. Surging demand for high-quality color paints, combined with increased residential infrastructure development, particularly in emerging economies, is expected to boost industry growth over the forecast period.

Water and bio-based polymer emulsions are expected to present enormous development opportunities. Consumer awareness of green building is expected to drive demand over the forecast period. Increased awareness among end-use industries about the environmental impact of solvent-based products, combined with favorable regulatory trends, is expected to drive the market during the forecast period.

In 2021, Asia Pacific had the largest Emulsion Polymers market share. Moreover, the availability of low-cost raw materials, land, equipment, and skilled labor are some of the factors driving the growth of the Asia Pacific emulsion industry. The rapidly expanding Chinese and Indian markets are the primary drivers of this significant growth. Water-borne coatings and adhesives are replacing solvent-based coatings and adhesives due to their environmental friendliness. As a result, the market is expected to expand significantly during the forecast period. The Asia Pacific is expected to remain the largest consumer due to increased construction spending, a growing middle-class population, a better lifestyle, and increased spending power.

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Global Emulsion Polymer Market

Report ID: SQMIG15A2136

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