Market Size of Polymer Emulsions Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 6.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Polymer Emulsions Market Analysis
The market for polymer emulsions is expected to grow at a CAGR of around 6% during the forecast period. The major factors driving the growth of the market studied are the growing awareness with regard to the Volatile Organic Compound (VOC), growing construction activities, and government regulations. On the flip side, environmental regulations on butadiene is likely to hinder the growth of the studied market.
- The paints & coatings segment dominated the market and is expected to grow during the forecast period with growing demand from industries, such as construction, automotive, and general industrial.
- The emerging market for bio-based emulsion polymers is likely to provide opportunities for the studied market during the forecast period.
- Asia-Pacific dominated the market across the globe with growing construction activities, increasing automotive production, and robust demand for packaging materials in the region.