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Global Polymer Emulsion Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Global Polymer Emulsion Market
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The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Polymer Emulsion market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to emerging segment in the Polymer Emulsion market.
Emulsion can be defined as the process of mixing two liquids with differences in their densities. Polymer emulsion is completed by the process of emulsion polymerization in which the emulsification of a monomer is done in the presence of water and a surfactant agent, particularly sodium stearate. Mostly common monomers used in the process of emulsion polymerization are styrene, acrylate ester, acrylonitrile, butadiene, and methacrylate ester.
Polymer emulsions are specialty polymers that are used in the production of specialty chemicals such as adhesives, paper & paperboards, textiles, paints, and coatings, offset inks, and construction chemicals. The polymer emulsion production process is an eco-friendly process that produces polymers with high molecular weight and very lean volatile organic compounds. Polyvinyl acetate-based polymer emulsion products have a major impact on the industries such as adhesives, paints, and coatings.
From the economical and safety point of view, the polymer emulsion-based paintings and coatings are flame resistant and are expected to propel the global polymer emulsion market over the forecast timeframe. The regulatory norms and rules of the government for the protection of the environment are another driving force that will boost the global polymer emulsion market during the forecast period. Low investment required for setting up a manufacturing plant is one of the parameters driving the global polymer emulsion market. Moreover, the increasing cost of feedstock is acting as a restraint in the growth of the global polymer emulsion market throughout the forecast period.
Based on type, acrylic emulsions are anticipated to dominate the global polymer emulsions market. Acrylic emulsions are likely to expand at a profitable rate due to the rising demand in the manufacture of adhesives primarily in label applications and medical tapes and also its applications in the construction and textile industries. Moreover, expanding acrylics polymer application in water treatment is further anticipated to boost industry enhancement.
In terms of application, Paints & coatings hold the largest share during the forecast period, followed by adhesives & sealants and paper & paperboard. The Paints & coatings are fueling the market for low-VOC polymer emulsions used in their production. Moreover, polymer emulsion paints & coatings are inflammable, which reduces its handling charges and fire insurance costs.
Rising demand and awareness among the consumers about painting ideas and protective coatings and the growing trend of interior decoration are pushing the growth of the emulsion polymer market. The widespread use of color and coating composites in the automobile sector is also another factor boosting the growth of the market.
Geographically, Asia Pacific leads the highest market during the forecast period, due to the rapid growth of end-user industries such as consumer durables, buildings & construction, and transportation in the APAC region. Low investment for setting up manufacturing units and easy availability of raw material aids in the growth of the polymer emulsion in the region.
Furthermore, the low pays of skilled labor in the region make it easier for the company to have control on their operating cost. Lower costs of electricity and water are the other reasons for the spur in the growth rate in the Asia Pacific region.
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Global Polymer Emulsion MarketKey Players Operating in the Global Polymer Emulsion Market:
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