Product ID: UCMIG15E2145
Report ID:
UCMIG15E2145 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2022, the market for emulsion polymers was estimated to be worth USD 30,422.9 million, and it is anticipated to increase at a compound annual growth rate (CAGR) of 6.4% during the following five years. The rise of infrastructure projects and the construction industry are driving the market. The growing demand for environmentally friendly and biodegradable goods is also projected to have a positive impact on the industry. High-performance, bio-based, polarised styrene-butadiene latex will be made available in November 2021 thanks to a collaboration between Shell and Asahi Kasei Corporation. Emulsion polymers are commonly utilised in coatings and other applications due to their non-toxicity, biodegradability, and environmental acceptability.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG15E2145