Market Size of India Polymer Emulsion Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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India Polymer Emulsion Market Analysis
The India polymer emulsion market is estimated to witness a healthy growth, at an estimated CAGR of over 5%, over the forecast period. The major factors driving the growth of the market studied are growing awareness with regard to volatile organic compound (VOC) and tightening government regulations.
- 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.