Acrylic Emulsions Market: Size, Share, Growth, Trends, and Forecast, 2018–2024
Sarasota, FL -- (SBWIRE) -- 05/23/2018 -- Global Acrylic Emulsions Market: Overview
Acrylic emulsions are quick-drying paints composed of pigments that are acrylic polymer suspended and formed into an emulsion. These are water-soluble and water resistant when dried and mainly used in painting and coating sector. Also, these are colloidal suspensions of one fluid in another fluid, mainly oil in water. These are used in building material, industrial coatings, painting and commercial applications in construction and automotive and are both water-based and solvent-based emulsions. Acrylic emulsions are produced by emulsion polymerization process where the acrylic polymer droplets are emulsified in water and then polymerized. Owing to their superior properties like versatile nature, low volatile emission and flexibility make it suitable for use in building sector, paints and textile sector.
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Global Acrylic Emulsions Market: Growth Factors
Rising commercialization and growing construction sector increased residential complexes, and commercial buildings are expected to drive the market significantly. High demand for paints and coating is also driving the market along with urbanization and evolving infrastructural sector. Increasing use of polyurethane dispersions in coating sector which is considerably economical than acrylic emulsions is expected to be a restraining factor. Also, the growing awareness about the harmful effects of solvent-based emulsions is fuelling the market size of acrylic emulsions. Rising accessible income is fuelling the desire for superior quality home interiors and exterior decorative paints, coatings and industrial painting which indeed is uplifting the demand for acrylic emulsions in coatings and paints sector. Expenditure on infrastructure and constructions sector is also helping in the growth of the acrylic emulsion market.
Global Acrylic Emulsions Market: Segmentation
The global acrylic emulsion market is segmented on basis of application, type, and region. On basis of application, the market is fragmented into paper coating, construction additives, paints and coatings, adhesives and sealant and others. In terms of type, the market is divided into pure acrylic and polymer and copolymer. On basis of region, the market is segmented into North America, Asia-Pacific, Europe, Middle East and Africa and South America.
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Global Acrylic Emulsions Market: Regional Analysis
Asia-Pacific is the fastest growing economy in the acrylic emulsions market due to rising consumer awareness and construction and building sector in these regions. Increased demand in the application sector like paper and packaging, buildings, construction, and textiles sector may also propel the market significantly. Europe followed by North America is expected to be the largest emerging regional market in acrylic emulsions owing to the rapid expansion of paints and textiles industry and growing industrialization. The renovation and reconstruction elements also are boosting the market in North America. The Middle East and Africa are expected to grow significantly.
Global Acrylic Emulsions Market: Competitive Players
Some of the key players in the global acrylic emulsion market include Ashland, Synthomer Plc., BASF SE, Celanese Corporation, H.B. Fuller, The Dow Chemical Company, Lubrizol Corporation, Kamsons Chemical PVT. LTD. and Astra Chem Tech Private Limited, among others.
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Global Acrylic Emulsions Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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