| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Polymer Emulsion Market Analysis
The India Polymer Emulsion Market is expected to register a CAGR of greater than 5% during the forecast period.
- Stringent environmental regulations on butadiene 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.
India Polymer Emulsion Market Trends
Vinyl Acetate - the Fastest Growing Segment
- Vinyl acetate is expected to be the fastest growing segment on account to growing applications in end-user industries, such as building and construction, automotive, etc.
- In buildings and construction end-user segment, it is increasingly used in architectural paints and coatings because of its aesthetic appeal and high resistance to temperatures.
- In addition, the growing building and construction sector due to the increased construction spending in non-residential sector is providing opportunities for the market.
- The market for vinyl acetate in India is witnessing a significant growth, owing to the rapid growth in the construction industry. Government initiatives like 'Housing for all by 2022' have largely facilitated the growth of the construction sector in the country.
- The government is taking various steps to restructure corporate taxes and make them more appealing to foreign investors. The move is anticipated to boost investments in the healthcare, education, housing, transport, and water infrastructure sectors.
- Owing to all these factors, the demand for polymer emulsions in the country is expected to increase during the forecast period.
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Increasing Demand from Paints and Coatings
- Paints and coatings are extensively used in the architectural sector for both, exterior and interior applications. Acrylic, vinyl acrylic, styrene acrylic, and vinyl acetate ethylene copolymer latex are the major emulsion polymers used in such paints and coatings.
- In the building and construction industry, emulsion polymers are used in the manufacturing process of architectural paints, high scrub interior paints, exterior paints for high durability and wet adhesion, deck and trim paints, and stains and elastomeric coatings. Paints and coatings are applied on exterior of the house to not only give them a new look, but also protect it from blistering summers, freezing winters, soaking rain, and the daily bombardment of UV radiation, without fading, peeling away, and cracking.
- Additionally, paints and coatings are used in interiors of houses to add colors or decorative purposes, along with a wide range of other functions. Their functions vary, depending upon the type of environment and room that they are used on.
- For example, due to the moisture, bathroom walls need to have wipe-ability for keeping them clean. Paints with glossier sheens have a tighter molecular structure than flat paints, making it more difficult for moisture to penetrate. Hence, these types of paints are used in bathroom.
- Owing to all the above-mentioned factors, the market for polymer emulsions is expected to grow during the forecast period.
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India Polymer Emulsion Industry Overview
The India polymer emulsion market is a fragmented market, where numerous players account for insignificant share to influence the market demand, individually. Some of the noticeable players in the market include Akzo Nobel N.V., Arkema Group, BASF SE, Clariant, and Dow, amongst others.
India Polymer Emulsion Market Leaders
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Akzo Nobel N.V.
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Arkema Group
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BASF SE
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Clariant
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Dow
- *Disclaimer: Major Players sorted in no particular order
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India Polymer Emulsion Industry Segmentation
The India polymer emulsion market report includes:
| Product Type | Acrylics |
| Polyurethane (PU) Dispersions | |
| Styrene Butadiene (SB) Latex | |
| Vinyl Acetate | |
| Other Product Types | |
| Application | Adhesives & Carpet Backing |
| Paper & Paperboard Coatings | |
| Paints & Coatings | |
| Other Applications |
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India Polymer Emulsion Market Research FAQs
What is the current India Polymer Emulsion Market size?
The India Polymer Emulsion Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)
Who are the key players in India Polymer Emulsion Market?
Akzo Nobel N.V., Arkema Group, BASF SE, Clariant and Dow are the major companies operating in the India Polymer Emulsion Market.
What years does this India Polymer Emulsion Market cover?
The report covers the India Polymer Emulsion Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Polymer Emulsion Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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India Polymer Emulsion Industry Report
Statistics for the 2025 India Polymer Emulsion market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Polymer Emulsion analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
