Pune, India -- (SBWire) -- 05/25/2018 --Industry Latest News:
January 2018 –Arkema company achieved new advances in hydrophobic acrylic emulsion market. The research and development team of company focused on performance attributes of hydrophobic emulsions using new Arkema products for both interior and exterior formulation. The new development would help the product to be more resilient and better performance in paint formulation. These products perform wide range of improvements when compared to traditional resins such as water whitening resistance, alkali resistance and silica stability.
June 2017 –Lubrizol Corporation announced partnership with distributors in Middle East market. The agreement was done with Al-Shihab Al Thahabi and Al Azzaz based in UAE and Saudi Arabia respectively. These companies would distribute Lubrizol Corporation solvent-based adhesives and elastomer application in countries such as UAE, Oman, Qatar and Kuwait. This partnership would strengthen distribution of specialty chemicals in EMEA region along with cater the requirements of customer in specialized market.
November 2016 – The Dow Chemical Company technologies has been recommended for use in projects which are leading blueprint 2025 sustainability goal. U.S.-China building efficiency and green development fund is public-private partnership which is convened by Paulson institute. This institute provides financing for innovative ideas in effort to reduce carbon emission. The collaborative idea to transform China as sustainability economy and use high performance building technology in subsequent projects. Dow Chemical efforts to build relation in construction sector especially in China market which accounts for approximately 50% of new construction in the world.
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Bio Emulsion Polymer Market – Market Overview
Bio Emulsion Polymer Market witnessed substantial growth due to increasing preference towards low VOC and environmental friendly emulsion polymer material. This material is manufactured from renewable source of raw material with two different method such as bio-based latex polymer or sugarcane macromer method. Superior performance, non-toxic, easy availability, enhance efficiency and reliable nature are some of the factors influencing the market growth. Due to aforementioned factors, Bio-Emulsion Polymers are used in various application such as textiles, paints & coating, adhesives and paper among others.
The Bio-Based Emulsion Polymer produced from latex polymer method is more stable and renewable thereby, gives better performance compared to synthetic emulsion polymer such as styrene acrylate and styrene-butadiene. The growing consumption of natural based emulsion polymers owing to ease of application, superior performance and excellent life & recyclability are anticipated to drive the market growth. Paints & coating industry is dominating application segment in Global Bio Emulsion Polymer Market. Bio Based Emulsion Polymer used in paints and coatings are not flammable which readily reduces storage, transportation and fire insurance cost. Thus, they consume less energy which releases low carbon footprint, thereby anticipated to fuel the demand for Bio Emulsion Polymer in paints and coatings industry. Bio emulsion polymer used in adhesives are stable and offer excellent weathering. However, rising demand of adhesive and sealants is projected to drive the product market growth during assessment period. This polymer emulsion is also used as binder in paper industry as they offer mechanical strength to final product. The growing awareness among consumer to reduce plastic and switch to Bio-Based Emulsion Polymer in paper is also likely to propel the market growth.
The Global Bio Emulsion Polymer Market is spanned across five regions such as Europe, North America, Asia Pacific, Latin America and the Middle East & Africa. Among regions, North America witnessed considerable growth during forecast period owing to stringent regulation regarding low VOC emission and rising number of investments for development of natural based emulsion polymer. Countries such as U.S and Canada are contributing to the growth of bio-based emulsion polymer. Moreover, increasing demand of adhesives and paints & coatings in construction, automotive and packaging sector is projected to drive the market growth. Asia Pacific market witnessed sluggish growth owing to growing strategic alliances among regional players and divergence of major players in emerging economies. Lenient government regulations are hampering the market growth in this region. Over the time period, with changing government bodies and high focus on high performance of products, are expected to propel the market growth. Europe region is projected to witnessed highest CAGR during review period. EPA and REACH regulatory bodies has set certain regulations which led to high product penetration in end use industries. The increasing demand of renewable or eco-friendly products in textile and paper industries is expected to witnessed substantial growth of bio emulsion polymer market in this region.
Bio Emulsion Polymer Market – Competitive Analysis
Bio Emulsion Polymer Market is fragmented with presence of tier 1 and tier 2 regional players. The various strategies followed by market players are product launch, expansion and agreement. The key players are developing new products in order to meet customer requirements. The companies are focusing on quality and high performance of products through adoption of high tech technologies. Rising investments in manufacturing emulsion polymer by natural processing method in order to reduce toxic emission has resulted in growth potential. Companies are shifting towards natural production technology to minimize emission and meet stringent regulations. Other strategies adopted by key players are partnership and agreements to acquire emerging markets which thereby, resulted in rise in number of expansion and acquisition. Key players are enhancing distribution channels and increasing contract distribution agreement to increase market share and profits across value chain.
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Bio-Emulsion Polymers Market : Recent Study Including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts Till 2023
Global bio-emulsion polymers market research report: by material composition (acrylonitrile butadiene styrene, ethylene vinyl acetate, polyacrylic acid, and polyamide), application (paints & coatings, adhesives, textiles, and paper) – Forecast till 2023.