High
demand for emulsion polymers in paints and coatings, led by a rise in
building and construction activities, and growth in the automotive
industry have been driving the emulsion polymers market since the
past few years. Emulsion polymers are primarily employed in
architectural coatings and automotive coatings. Increase in
disposable income of consumers in developing countries such as China
and India is expected to boost infrastructure activities. This, in
turn, is anticipated to propel the demand for emulsion polymers.
Furthermore,
a rise in the consumption of adhesives in end-users such as
furniture, automotive, and packaging has been augmenting the emulsion
polymers market across all regions. Paper and paperboard was another
major end user of the emulsion polymers market in 2014. Production of
bio-based emulsion polymers coupled with technological breakthroughs
is likely to drive the emulsion polymers market in the near future.
However, volatility in prices of raw materials and stringent
regulations related to raw materials such as butadiene, styrene, and
urethane are estimated to hamper market growth during the forecast
period.
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Acrylics
constituted the largest product segment, accounting for more than 35%
share of the global emulsion polymers market in 2014. Acrylic
emulsions are used in paints and coatings, adhesives, and paper and
paperboard industries. Styrene-butadiene latex emulsion constituted
the second-largest share of the global emulsion polymers market in
2014. Styrene-butadiene latex is used in paper and paperboard and
fiber processing. Vinyl acetate polymer is one of the fastest-growing
product segments of the emulsion polymers market. Vinyl acetate
polymers are primarily employed as binders in the adhesives and
paints and coatings industries. Polyurethane was also among the major
end user sectors for the emulsion polymers market in 2014.
Paints
and coatings has been the dominant end user in the emulsion polymers
market since the past few years. Increase in demand for water-borne
coatings is projected to boost the demand for emulsion polymers in
the paints and coatings market. Emulsion polymers are used in
industrial, architectural, and automotive coatings. Adhesives
accounted for the second-largest market share of the global emulsion
polymers market in 2014. Emulsion polymers such as vinyl acetate
polymers and acrylics are primarily employed in adhesives. Paper and
paperboard held the third-largest market share in 2014. The segment
is likely to exhibit sluggish growth during the forecast period.
Leather and textiles and non-woven are some of the other end-users of
emulsion polymers.
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In
terms of demand, Asia Pacific dominated the emulsion polymers market
in 2014. This trend is expected to continue in the near future. A
rise in the demand for paints and coatings and adhesives in
industries such as building and construction and automotive is
anticipated to boost the emulsion polymers market in the next few
years. Demand for emulsion polymers is estimated to be sluggish in
Europe and North America owing to stringent environmental regulations
in the regions. Middle East and Africa will be promising emerging
markets for emulsion polymers in the near future.
The
report provides a comprehensive overview of the emulsion polymers
market in terms of volume and revenue. It includes current demand
analysis and forecast for product segments and end-users in North
America, Europe, Asia Pacific, Latin America, and Middle East and
Africa. Furthermore, the report provides detailed country-wise
analysis of the emulsion polymers market in the regions mentioned
above. The emulsion polymers market has been divided into the
following segments:
This
report segments the global emulsion polymers market as follows:
Emulsion
Polymers Market - Product Analysis
- Acrylics
- Styrene-butadiene latex
- Vinyl acetate polymers
- Polyurethane
- Others (Silicone, Hybrid Epoxy, etc.)
Emulsion
Polymers Market - End-user Analysis
- Paints & Coatings
- Paper & Paperboard
- Adhesives
- Textiles & Non-woven
- Others (Leather, etc.)
Emulsion
Polymers Market - Regional Analysis
North
America
- U.S.
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia
Pacific
- China
- India
- ASEAN
- Rest of Asia Pacific
Latin
America
- Brazil
- Rest of Latin America
Middle
East & Africa (MEA)
- GCC
- South Africa
- Rest of Middle East & Africa
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