Pune, India -- (SBWire) -- 05/18/2018 --Market Research Future (MRFR) recognizes the following companies as the key players in the Global Emulsion Polymers Market: Celanese Corporation (U.S), BASF SE (Germany), The Dow Chemical Company (U.S), Arkema Co. (France), Koninklijke DSM N.V. (Netherlands), DIC Corporation (Japan), Trinsea Co. (U.S), Wacker Chemie AG (Germany), Omnova Solutions Inc. (U.S), Nuplex Industries Ltd (Australia) and others.
Commenting on this report, an analyst from Market Research Future (MRFR)'s team said, "The market for Emulsion Polymer is growing rapidly owing to use of Emulsion Polymers in paints & coatings which is driven by high demand for construction industry". Growing demand for adhesive in automotive and aerospace industry is also anticipated to drive the demand for Emulsion Polymers in coming years. Emulsion Polymers are polymer obtained by polymerization of surfactants, monomer and water. The widely-used emulsion polymer is oil in water emulsion. Due to low molecular weight and easy recyclability, water borne emulsion polymer is highly preferred than solvent borne emulsion polymer. Regulatory bodies in concern of chemical emissions in environment has put regulation in usage of Emulsion Polymer in various industries. Thus, water borne Emulsion Polymer contains low volatile organic compounds (VOC) leading to high demand in global market. As product is derived from crude oil and natural gas, fluctuating prices of crude oil can hamper the market growth in coming years.
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Acrylic provides quick drying property which are extensively used in Superabsorbent Polymers and consumer goods. Therefore, unique properties of acrylic such as water resistant, good adhesion and strength drive the demand for acrylic based emulsion polymers in paints & coating industry. The rising demand of emulsion polymers in paints for improving quality, heat sensitivity and self-repairing abilities has shifted the manufacturers to use Emulsion Polymers on large scale. The growing awareness among consumers to use High Performance Adhesives in automotive industry has resulted increased demand for emulsion polymers. Adhesive is key ingredient in consumer goods such as household furnishing, packaging and footwear. Thus, increasing disposable incomes has boosted these items which has in turn increase the demand for adhesives in Emulsion Polymer Market.
The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of these, APAC accounts for the largest share owing to technological advancement in manufacturing industries particularly in country like China and Japan. China is the leading producer in the Emulsion Polymers Market due to its growing population, development in infrastructure and increase in consumer spending. Paints & Coatings Market is growing rapidly in China due to increase in government expenditure in infrastructure and the blooming automotive industry. North America and Europe are expanding their business in the Emulsion Polymers Market. Europe showed a steady flow due to restrains from government in using chemicals on a large scale. Countries like Indonesia, Thailand and Brazil are the growing market for Emulsion Polymers due to favorable government regulations and tax subsidies here.
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Emulsion Polymers Market: Historical Analysis, Global Trends, Opportunity Assessment, Future Scope and Potential of Industry from 2018-2022
Global Emulsion Polymers Market Information-by Types (Vinyl acetate polymers, Styrene- butadiene latex, Acrylics, Polyurethane dispersions, Others), by Application (Adhesives & Sealants, Paper & Paperboard, Paints & Coatings, Others) and by Region - Forecast to 2022