Market Size of Asia-Pacific Polymer Emulsion Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 6.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Polymer Emulsions Market Analysis
The Asia-Pacific polymer emulsion market is estimated to witness a healthy growth, at an estimated CAGR of over 6%, over the forecast period. The major factor driving the growth of the market studied is growing awareness with regard to volatile organic compound (VOC).
- Availability of substitutes are likely to hinder the markets growth.
- Rising demand for water-based paints and coatings is likely to create opportunities for the market in the coming years.
- China is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.