The Chinese polymer emulsion market is expected to register a high CAGR during the forecast period, 2018-2023. The market is driven by many factors, such as stringent government regulations regarding emissions and the growing automotive and construction industries in China.
Stringent Government Regulations Regarding Emissions Driving the Market
China has tightened its regulations on VOCs in different industries, such as chemical, packaging, printing, and coatings industries. Government initiatives, such as air pollution prevention and control action plan focus on curbing VOCs. Therefore, these control policies are pushing companies to adopt products which release less VOC emissions, thereby driving the market. In addition, the environmental pollution agency have tightened their procedures and shut down ten thousand factories, as they were not complying with the pollution control regulations. All these aforementioned factors are propelling the growth of the market.
Vinyl Acetate - the Fastest Growing Segment
Based on product type, vinyl acetate is expected to be the fastest growing segment due to increasing applications in end-user industries, such as building & construction and automotive etc. In China, increasing end-users such as construction, automotive, etc., in response to urbanization and increasing aesthetic preference in residential sector, has increased the usage of vinyl acetate in architectural paints and coatings, as it increases aesthetic appeal and provides high resistant to temperatures.
Major Players: 3M, AkzoNobel N.V., Asahi Kasei Corporation, Celanese Corp., Clariant, Cytec Industries Inc., DIC Corporation, DowDuPont, HB Fuller, Nuplex Industries Ltd, Scott Bader Company Ltd, Shalimar Paints Limited, and Sumitomo Chemical Co. Ltd among others.
Reason to Purchase this Report
- To understand the impact of growing end-user industries on the market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- The product type and application that is expected to dominate the market
- Countries expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support, along with the Market Estimate sheet (in Excel).
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1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Force Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition within the Industry
4. Market Dynamics
4.1.1 Strict Government Regulations Regarding Emissions
4.1.2 Growing Automotive and Construction Industries
4.1.3 Other Drivers
4.2.1 Stringent Environmental Regulations on Butadiene
4.2.2 Availability of Substitutes
4.2.3 Other Restraints
4.3.1 Increased Awareness about Bio-based Polymer Emulsion
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market size, Growth, and Forecast)
5.1 By Product Type
5.1.2 Polyurethane (PU) Dispersions
5.1.3 Styrene Butadiene (SB) Latex
5.1.4 Vinyl Acetate
5.2 By Application
5.2.1 Adhesives & Carpet Backing
5.2.2 Paper & Paperboard Coatings
5.2.3 Paints & Coatings
5.3 By End-user Industry
5.3.1 Building & Construction
6. Future of the Market
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.2 AkzoNobel N.V.
8.3 Asahi Kasei Corporation
8.4 Celanese Corp.
8.6 Cytec Industries Inc.
8.7 DIC Corporation
8.9 HB Fuller
8.10 Nuplex Industries Ltd
8.11 Nuplex Industries Ltd
8.12 Scott Bader Company Ltd
8.13 Shalimar Paints Limited
8.14 Sumitomo Chemical Co. Ltd
*List not exhaustive
**Subject to feasibility and availability on Public Domain