Polymer Binders Market is estimated to be US$ 61.1 billion by 2032; Rising Construction Activities Foster the Industrial Progress

Binders are used to hold or draw other material together to form a cohesive whole mechanically.  Polymer binders are raw material used in coatings and construction industry and has high comprehensive strength and low tensile strength. They are used to increase the durability, workability, tensile and flexural strength. Polymers such as Polyvinyl acetate (PVAc) and copolymers are used for wall repair compounds.

Rising demand from construction industries due to increasing construction & reconstruction activities in developed and developing regions has become the major factor in Polymer Binders market growth. Further, rising demand from technical textiles for polymeric binders is expected to propel the demand for Polymer Binders market growth over the forecast period.

The report “Polymer Binders Market, By Type (Acrylic, Vinyl Acetate, and Latex), By Form (Liquid, Powder, and High Solids), By Application (Architectural Coatings, Adhesives & Sealants, Textile & Carpets, Paper & Board, and Construction Additives), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

 Key Highlights:

• In February 2023, Wacker unveils new product “VINNOL L-6868” polymer resin binder with enhanced solubility for printing inks, solvent-borne coatings, UV curing systems and for high solids and also compatible with wide range of reactive diluents and UV monomers.
• In June 2021, Archroma launched “Appretan NTR6304” a water based polymeric binder which is based on renewable natural ingredients. Newly launched “Appretan NTR6304” offers soft hand-feel option and displays a higher content based on natural and renewable raw materials with excellent film forming properties and hydrophobic behavior

Analyst View:

The key factor driving the growth of the Polymer Binders market is increasing construction activities in developed and developing regions. Further, presence of major key players operating in emerging economies, rising presence of major paint & coating industries, technological advancement and wide application of heterogeneous polymers as core-shell structures in paints and cement compositions is another factor which is further expected to boost the growth of Polymer Binders market over the forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

 Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Polymer Binders Market, By Type (Acrylic, Vinyl Acetate, and Latex), By Form (Liquid, Powder, and High Solids), By Application (Architectural Coatings, Adhesives & Sealants, Textile & Carpets, Paper & Board, and Construction Additives), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

Polymer Binders Market accounted for US$ 25.5 billion in 2022 and is estimated to be US$ 61.1 billion by 2032 and is anticipated to register a CAGR of 8.6%. The Polymer Binders Market is segmented based on Type, Form, Application and Region.

• Based on Type, Polymer Binders Market is segmented into Acrylic, Vinyl Acetate, and Latex.
• Based on Form, Polymer Binders Market is segmented into Liquid, Powder, and High Solids.
• Based on Application, Polymer Binders Market is segmented into Architectural Coatings, Adhesives & Sealants, Textile & Carpets, Paper & Board, and Construction Additives.
• By Region, the Polymer Binders Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Polymer Binders Market:

The prominent players operating in the Polymer Binders Market includes, BASF SE, DowDuPont Inc., Wacker Chemie AG, Celanese Corporation, Arkema S.A., Trinseo S.A., Toagosei Co., Ltd., Synthomer plc, Puyang Yintai Industrial Trading, and Bosson Union Tech and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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