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

Emulsion Polymer Market Driver

• 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.
• Rising end-user awareness about the environmental impact of solvent-based products, combined with favorable regulatory trends, is expected to drive market demand during the forecast period. The shift in the trend toward environmentally friendly paints and coatings is expected to aid in the development of low VOC content or VOC-free paints and coatings. This trend has fuelled emulsion polymerization production in the global market. Using this method, industry operators can create high molecular weight polymers with low viscosity. Furthermore, rising consumer awareness of green building is expected to drive global demand over the forecast period.

Emulsion Polymer Market Restraint

• Some raw materials used by industry operators are derived from petrochemical-based feedstocks, such as crude oil and natural gas, which are subject to rapid and significant price volatility. These price fluctuations could be exacerbated by global macroeconomic factors, as well as supply and demand factors, such as OPEC production quotas and increased global demand for petroleum-based products. Significant changes in the cost and availability of raw materials may have a negative impact on industry operations.