Global Emulsion Polymer Market

Global Emulsion Polymer Market Size, Share, Growth Analysis, By Type(Acrylics, Vinyl Acetate Polymer), By Application(Paints & Coatings, Adhesives & Sealants), By End Use(Buildings & Construction, Automotive), By Product(Polyethylene, Polypropylene), By Application(Paints & Coatings, Adhesives & Sealants), By End Use(Buildings & Construction, Automotive) - Industry Forecast 2024-2031


Report ID: SQMIG15A2136 | Region: Global | Published Date: February, 2024
Pages: 280 | Tables: 175 | Figures: 79

Global Emulsion Polymer Market Insights

Emulsion Polymer Market size was valued at USD 27.23 billion in 2019 and is poised to grow from USD 29.47 billion in 2023 to USD 54.12 billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

Emulsion polymers are the result of radical polymerization that begins with the emulsion phase, which consists of water, monomer, and surfactant. The most common type of emulsion is an oil-in-water emulsion. Depending on their structure and method of polymerization, emulsion polymers are classified as bio-based or synthetic. Emulsion polymers have a high molecular weight, polymerize quickly, and are environmentally friendly. Emulsion polymers are used in the paper industry to make sheets, paper bags, boxes, cartons, and other items. It is used as a binding agent in adhesives such as bands, stickers, glue, windings, and hygiene products. These end-user segments significantly contribute to the growth of the polymer emulsion industry.

US Emulsion Polymer Market is poised to grow at a sustainable CAGR for the next forecast year.

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Emulsion Polymer Market size was valued at USD 27.23 billion in 2019 and is poised to grow from USD 29.47 billion in 2023 to USD 54.12 billion by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

The global emulsion polymer market is fairly concentrated, with a few big and medium-sized market participants accounting for a large portion of market revenue. Major players are including Celanese Corporation, BASF SE, the Dow Chemical Company, and Arkema Co. 'Celanese Corporation (U.S)', 'DIC Corporation (Japan)', 'Omnova Solutions Inc. (U.S)', 'AkzoNobel', 'Arkema', 'BASF SE', 'Clariant AG', 'Dow Chemical Company', 'Eastman Chemical Company', 'Evonik Industries AG', 'Henkel AG & Co. KGaA', 'Kuraray Co., Ltd.', 'Lubrizol Corporation', 'Nippon Shokubai Co., Ltd.', 'PPG Industries, Inc.', 'Synthomer plc', 'The Dow Chemical Company', 'Wacker Chemie AG', 'Michelman, Inc.', 'ZEON Corporation'

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.

Water and bio-based polymer emulsions are expected to present enormous development opportunities. Consumer awareness of green building is expected to drive global demand over the forecast period. Increased awareness among end-use industries about the environmental impact of solvent-based products, combined with favorable regulatory trends, is expected to drive the market during the forecast period.

In 2021, Asia Pacific had the largest Emulsion Polymers market share. Moreover, the availability of low-cost raw materials, land, equipment, and skilled labor are some of the factors driving the growth of the Asia Pacific emulsion industry. The rapidly expanding Chinese and Indian markets are the primary drivers of this significant growth. Water-borne coatings and adhesives are replacing solvent-based coatings and adhesives due to their environmental friendliness. As a result, the market is expected to expand significantly during the forecast period. The Asia Pacific is expected to remain the largest consumer due to increased construction spending, a growing middle-class population, a better lifestyle, and increased spending power.

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Global Emulsion Polymer Market

Product ID: SQMIG15A2136

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