Global Emulsion Polymers Market: Industry Outlook, Growth Prospects and Key Opportunities

 Infinium Global Research’s recent report on the “Emulsion Polymers Market (By product type (vinyl acetate polymers, acrylics, styrene-butadiene latex, polyurethane dispersions, and others), By Application (paper & paperboard, adhesives, textile & non-woven, paints & coatings and others)): Global Industry Analysis, Trends, Size, Share and Forecasts up to 2026” provides a comprehensive outline of the factors responsible for the growth of the market. Emulsion polymers market to grow with a CAGR of 6.1% over the forecast years.

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Emulsion polymer is a made of radical polymerization that usually starts with an emulsion incorporating water, surfactant, and monomer. Emulsion polymerization technique produces high molecular weight polymers with lower viscosity. The polymers can also be tailor-made according to their usage to display the desired morphology and composition. The emulsion polymers market is majorly driven by the growing demand for emulsion-based paints and coating from construction and textile industry. Furthermore, growing adoption of eco-friendly technology for paint and coating and changing trends are the key contributing factors for the emulsion polymers market growth.

Moreover, the current outbreak of coronavirus is affecting the demand for emulsion polymers market from end-user industries such as paints & coatings, textiles and paper. The major end-user industry products are listed as non-essential and thus, government lockdown orders have compelled the end-user industries to reduce or shutdown their production. This decline in demand will be seen until 2021 for emulsion polymer market. Additionally, the recent outbreak is also creating value chain disruptions in the market. The stringent government regulatory coupled with limited availability of labour has led to reduced production of emulsion polymers. With reduced production, there had been shortage of emulsion polymers in the market.

Paints and Coatings Application Contribute to the Largest Market Share in Emulsion Polymers

Emulsion polymers are used for various industrial applications including paper & paperboard, adhesives, textile & non-woven, paints & coatings, and others. Emulsion polymers offer various advantages including low cost, easy clean-up, good adhesion and flexibility, and abrasion resistance, which in turn, increase applications area in pigment dispersion, paints, ink, wood coatings, and plastics. Emulsion polymer uses a variety of surfactant to disperse reactive monomers as well as to stabilise the resulting polymer latex. Further, changing consumer preferences, rising demand for better aesthetic view, and quality increase the demand of emulsion polymer for paint and coating applications.

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Asia Pacific to be the Dominant Region in Emulsion Polymers Market

In terms of geography, Asia Pacific generated the largest revenue in the emulsion polymers market in 2019 and is expected to continue its dominance over the forecast years. Factors such as the rapidly growing automotive industry and rising demand for environmentally sustained paint and coatings is expected to augment the demand for emulsion polymer in the Asia Pacific region. Further, the presence of large number of manufacturing industries in emerging countries such as China, India, is expected to drive the demand for emulsion polymer in this region. Furthermore, the region is set to offer several growth opportunities to market vendors in the near future.

Companies Operating in Emulsion Polymers Market to Focus on Product Advancement

The emulsion polymers market is intensely competitive and fragmented with the presence of several established national and regional players. The major players Celanese Corporation, Arkema S.A., BASF SE, Asahi Kasei Chemicals Corporation, and Koninklijke DSM N.V are continuously focusing on improving technique and facilitate other effective strategies to gain a competitive edge in the market. Key players are majorly focusing on product advancement and are offering additional features to the consumers which are likely to increase the demand for metal foam in the future years. These manufacturers are also focusing on strategic collaboration with local vendors to fulfil rising demand from emerging countries. 

For instance, in November 2020, Al-Hejailan Group and Dow collaborated to form a joint venture to build a polyacrylic acid (PAA) and emulsion polymers plant in the Kingdom of Saudi Arabia. This partnership is expected to fulfil the growing customer demand for coatings and water treatment applications in the Kingdom of Saudi Arabia and Middle East region. Infinium Global Research’s recent report on the global Emulsion Polymers Market is an encompassment of such recent developments in the global marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of the market and also estimates the impact of recent developments in the global market.

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