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Polymer Emulsion Market Size worth US$ 57,500.7 Mn by 2030 | CAGR: 6.9%

According to the study published by Astute Analytica, the Global Polymer Emulsion Market is projected to witness a rise in its revenue from US$ 32,166.3 Mn in 2021 to US$ 57,500.7 Mn by 2030. The market is registering a CAGR of 6.9% over the forecast period 2022-2030. In terms of volume, the market is registering a CAGR of 5.8% during the forecast period. The market is majorly driven by factors such as an increase in demand for paints & coatings and a rapid rise in the paper and paperboard markets.

Market Snapshot:

Emulsion Polymers are formed by free-radical polymerization of monomers emulsified into water. Physically they fall into the category of colloidal systems. Emulsion polymerization has a specific mechanism and kinetics, which makes it different from many other polymerization techniques. The various monomers that contribute to the majority of the bulk polymer material of all emulsion polymers are styrene-butadienes, pure acrylic, styrene-acrylic, vinyl acetate copolymers, and pure vinyl acetate, among others. Polymer emulsions are used in various end-use industries such as automotive, construction, retail & e-commerce, and manufacturing, among others. 

Market Dynamics

Drivers:

Emulsion polymers find application in the processing of diverse types of paints such as automotive OEM and refinish paints. Further, the market is driven by the rising demand for paints & coatings in the decorative, marine, automotive, construction, and industrial applications to provide better visual appeal, and texture, to increase shelf-life, and protect the product from external damage. Moreover, the rise in the paper and paperboard market owing to the higher growth of food and beverages, cosmetics, and other industries across the globe is fueling the market growth. In addition, the growing initiatives by governments of various countries are further influencing the market growth. The paper industry uses a wide range of synthetic emulsion polymers such as carboxylate styrene-butadiene latex, styrene-acrylic copolymers, acrylic polymer emulsions, and vinyl acetate. 

Restraints:

Lack of availability of key raw materials and significant price increases are a few factors that can lower the market value of the Global Polymer Emulsion Market.

Segmental Analysis

Liquid technology type dominates the Global Polymer Emulsion Market in 2021.

Based on technology, the market is divided into dry and liquid. The liquid segment holds the highest market share in 2021 and further registers the highest CAGR over the projection period. This is because inverse emulsion polymerization is an effective manufacturing technology for producing high-performance liquid thickeners. Further, companies such as Seppic are making easy to use liquid or powder polymers. 

Styrene-butadiene monomer base leads the polymer emulsion market in 2021

In terms of monomer base, the market is segmented into styrene-butadienes, pure acrylic, styrene-acrylic, vinyl acetate copolymers, pure vinyl acetate, vinyl-acrylic, and others. Among these, the styrene-butadiene segment has the highest share in the Global Polymer Emulsion Market in 2021. Styrene-Butadiene-based polymer emulsions are the second largest group of polymer emulsions. They are largely produced by high-volume manufacturers and are delivered almost exclusively in applications such as paper coatings and carpet backing adhesives. However, the pure acrylic segment is anticipated to grow at the fastest growth rate as the acrylic emulsion is used as an additive for paints and varnishes in order to improve abrasion resistance, washability, and resistance to fungi and algae.

Paints & coatings application dominates the market in 2021

Based on application, the market is classified into paints & coatings, adhesives & sealants, nonwovens, paper, print & packaging, construction, textiles, and others. The paints & coatings segment dominates the polymer emulsion market in 2021. Emulsion polymers are used for paintings and for coating fast food bags, wrappers, and paper plates to make the paper oil and grease resistant. However, the adhesives & sealant segment records the highest CAGR over the forecast period. Polymer emulsions have vast chemistries and provide low cost, low emissions, zero VOC, good shelf-life, and potential sustainability in many adhesive formulations.

Buildings are the highest end-users in the Global Polymer Emulsion Market in 2021

In terms of end-users, the market is segmented into automotive, buildings, retail & e-commerce, manufacturing, and others. The buildings segment holds the highest share in the Global Polymer Emulsion Market in 2021 as polymer emulsions are mainly applied to the waterproof and anti-seepage work of roofs, washrooms, and basements etc. Furthermore, paints and coatings with polymer emulsion are applied on the exterior of houses to not only give them a new look, but also protect them from blistering summers, freezing winters, soaking rain, and the daily bombardment of UV radiation, without fading, peeling away, and cracking.

Asia Pacific dominates the Global Polymer Emulsion Market in 2021

Asia Pacific holds the highest market share in 2021 and further registers the highest growth rate over the projection period. This is attributed to growing industrial and automotive sectors in countries such as China, India, and Japan. Further, companies such as Arkema Group, Synthomer Plc, and Celanese Corporation are using their technical capabilities to create differentiated solutions for their customers in Asia.

Competitive Landscape

  • Arkema SA manufactures and markets a wide range of chemicals. The company manufactures both industrial chemicals and performance products including acrylics, polymethyl methacrylate (PMMA), hydrogen peroxide, technical polymers, specialty chemicals, and functional additives.
  • Celanese Corporation (Celanese) is a chemical and specialty materials company. It produces engineered polymers that are used in a variety of high-value applications, as well as acetyl products, which are intermediate chemicals for industries.
  • DIC Corporation is a fine chemicals company with a top share in printing inks, organic pigments, and PPS compounds in the global market. The company provides materials to packaging, publication, coatings, plastics, cosmetics, and other industrial markets, including electronic materials, functional and specialty coatings, brand protection, and product authentication technologies.
  • Synthomer is a chemicals company and one of the suppliers of sustainable water-based polymer solutions. The company‚Äôs polymers help customers create new products and enhance the performance of existing products in key industries such as coatings, construction, textiles, paper, and synthetic latex gloves.
  • Wacker Chemie AG is a chemical company based in Germany. Its product range includes silicone rubbers, polymer products like ethylene-vinyl acetate redispersible polymer powder, chemical materials, polysilicon, and wafers for the semiconductor industry.

Segmentation Overview

The following are the various segments of the Global Polymer Emulsion Market:

By Technology segment of the Global Polymer Emulsion Market is sub-segmented into:

  • Dry (Isolated)
  • Liquid

By Monomer Base segment of the Global Polymer Emulsion Market is sub-segmented into:

  • Styrene-butadienes
  • Pure Acrylic
  • Styrene- Acrylic
  • Vinyl Acetate Copolymers
  • Pure Vinyl acetate
  • Vinyl- Acrylic
  • Others

By Applications segment of the Global Polymer Emulsion Market is sub-segmented into:

  • Paints & Coatings
  • Adhesives & Sealant
  • Nonwovens
  • Paper
  • Print & Packaging
  • Construction
  • Textiles
  • Others

By End User segment of the Global Polymer Emulsion Market is sub-segmented into:

  • Automotive
  • Buildings
  • Retail & Ecommerce
  • Manufacturing
  • Others

By Regionsegment of the Global Polymer Emulsion Market is sub-segmented into:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
    • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA
  • South America
    • Argentina
    • Brazil
    • Rest of South America

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