Emulsion Polymers Market, By Type (Acrylics, Vinyl Acetate Polymer, Styrene-Butadiene Latex (SB), Others), By Application (Paints & Coatings, Adhesives &Sealants, Paper & Paperboard, Others Products), By End Use Industry (Building & Construction, Automotive, Chemicals, Textile & Coatings, Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI507323 | Publish Date: March 2024 | No. of Pages: 170

Emulsion Polymers Market Overview

Introduction

Emulsion polymer is the result of radical polymerization, which starts in the emulsion phase, which includes monomers, water, and surfactants in the most common case, oil-in-water emulsion.

During the estimation period, growing awareness among end-use industries about the impact of willic-based products on the environment, coupled with favourable regulatory trends, is expected to drive global emulsion polymer market demand. VOC-free or low-VOC paints and coatings are expected to benefit from a shift in trend towards eco-friendly paints and coatings. This trend has fueled the market for emulsion polymerization. Using this technique, chemical industry operators can produce high molecular weight polymers with low viscosity. In addition, over the projected period, increasing awareness of green building is expected to boost global demand.

Emulsion Polymers Market Dynamics

Growth in the field of global architectural paints and coatings

The growing demand for mainly protective and durable paints led to significant growth in the global architectural paints and coatings industry. Urbanisation and increasing cost-effective incomes of consumers are expected to stimulate the growth of the global emulsion polymer market in the estimated period. The growing demand for high-quality coloured clothing and the development of residential infrastructure, especially in emerging countries, are expected to boost industry growth in the projected period.

Rising demand for vinyl acetate polymer by the end-users

Vinyl acetate-based emulsion polymer items have a major impact on areas such as viscosity, paints, and coatings. From a cost-effective and safety point of view, emulsion polymer-based paintings and coatings are fire resistant, and it is anticipated that emulsion polymers around the world will shock the market in the estimated time frame.                                              

Restrains:

Volatile raw material costs

The polymer emulsion market is under control due to volatile raw material prices. Manufacturers are unable to estimate the cost of raw materials. Moreover, manufacturers generally prefer the bulk purchase of raw materials. This helps them get more profits.

Increasing competition and environmental issues

Increasing competition and environmental issues faced by producers that force them to produce high-quality, safe, environmentally friendly materials are factors that adversely affect market growth.

Emulsion Polymers Market Segmentation

Emulsion Polymers Market is segmented based on type, End Use Industry, and region.

Emulsion Polymers Market, By Type

On the basis of Type, the Emulsion Polymers Market is segmented into Acrylics, Vinyl Acetate Polymer, Styrene-Butadiene Latex (SB), Others. Acrylics is likely to be the fastest growing segment in the coming years as the demand for products from superabsorbent polymers and adhesives and sealant segments increase. Furthermore, increased use of acrylic polymers in water purification is expected to stimulate growth.

Emulsion Polymers Market, By Application

On the basis of indication, the Emulsion Polymers Market is segmented into Paints & Coatings, Adhesives & Sealants, Paper & Paperboard, Others Products. Paints and coatings seem to have the largest market share and are expected to continue their dominance over the projected period. Consumers are increasingly concerned about quality and appearance, and as a result, the growing demand for high-quality paints and technology-based coatings is predicted to drive production growth in the coming years. 

Emulsion Polymers Market, By End Use Industry

On the basis of indication, the Emulsion Polymers Market is divided into Building & Construction, Automotive, Chemicals, Textile & Coatings, and Others. The emulsion polymer market in this term is dominated by building and construction. The high demand for polymer emulsions in architectural paints, decks and trim paints and elastomeric wall coatings has led to the growth of the market in this segment.

On the basis of region, the Emulsion Polymers Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific dominated the emulsion polymer market with sales of more than 40% of total sales, followed by Europe and North America.

In addition, the Asia Pacific is expected to remain the largest consumer in the projected period due to increased construction costs, rising population, a high standard of living, and high purchasing power.

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Type - Acrylics, Vinyl, Acetate Polymer, Styrene-Butadiene, Butadiene Latex (SB), Otheres

By Application- Paints & Coatings, Adhesive & Sealants, Paper & Paperboard, Other Products 

By End Use Industry - Buildings & Construction, Automotive, Chemicals, Textile & Coatings, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Emulsion Polymers Market report based on type, application, end-use industries and region:

Emulsion Polymers Market, By Type:

  • Acrylics
  • Vinyl Acetate Polymer
  • Styrene-Butadiene Latex (SB)
  • Others

Emulsion Polymers Market, By Application:

  • Paints & Coatings
  • Adhesives &Sealants
  • Paper & Paperboard
  • Others Products

Emulsion Polymers Market, By End Use Industry:

  • Building & Construction
  • Automotive
  • Chemicals
  • Textile & Coatings
  • Others

Emulsion Polymers Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Recent Development:

  • In April 2022, Trincio, the global content solution provider and manufacturer of plastic and latex binders, announced the launch of a more sustainable version of its installed ABS resin for automotive applications.
  • In January 2020, Celenes Corporation announced plans to expand the emulsion polymer business globally. Under this expansion, Selenes began debottlenecking VAE manufacturing facilities in Nanjing, China, and Gailon, the Netherlands. Besides, the company also announced plans to expand the VAE manufacturing facilities in Nanjing by 65,000 MT by 2022 and the Gelen facility by 50,000 MT annually by 2023.
  • In March 2018, Germany-based BASF SE expanded the Jonchryl water-based emulsion manufacturing facilities at its Ludwigshafen site. This will strengthen the company's position as a leading manufacturer of water-based resin and emulsion used in overprint lacquer, printing inks, and emulsion coatings for flexible packaging and paper and board applications.
  • In February 2019, Wecker Chemie AG launched Vineva, a polymer binder based on vinyl acetate-ethylene copolymer, for applications in the construction industry. This polymer binder bituminous emulsion was designed to make it more flexible and resistant and to reduce the tendency to form cracks.

Emulsion Polymers Market Key Players

The key players operating the Emulsion Polymers Market includes, 

  • BASF SE, a leading global supplier of high-quality polymer emulsions, acrylic binders, resins, editives, and dyes, has recently increased its acrylic dispersion production capacity in Malaysia. This new product portfolio has been developed to meet the growing demand in New Zealand, Australia, and Asean markets.
  • Celanese Corporation acts as a global integrated manufacturer of chemicals and advanced materials. The company offers products such as acetyl, acetate, vinyl emulsion, and engineering polymers.
  • Dow Chemical Company, an Emulsion Polymers market player, is making a huge effort to achieve good cash flow convergence as well as to promote its bottom-line growth over the top-line to maintain a strong investment grade rating and good cash flow.
  • Asahi Kasei Emulsion Polymer Market Player recently acquired Ericsson Framing Operations LLC to expand its Hebel Haus order-built division.
  • Selenes Corporation is a technology company that provides solutions and specialised content. The company's products seek applications in a variety of end-use markets, including paints and coatings, automotive, consumer, and industrial adhesives; filtration; paper and packaging; chemical substances; construction; food and beverages; energy storage; performance industrial; and textile industry.
  • Synthomer plc is the world's leading supplier of acrylic and vinyl emulsion polymers, polymers and styrene-butadine, and acryloneitril-butadine latex.
  • Omnova Solutions Inc. is a manufacturer of emulsion polymers, specialised chemicals, and other products utilised in commercial, industrial, and residential applications. Its products, which contain special coatings and ingredients such as elastomers, nonvivens, oil, gas, and laminates and films, are used by manufacturers to manufacture rubber, plastic, paper, carpets, coated fabrics, and other products.
  • Trinsio deals in the manufacture and marketing of synthetic rubber, plastic, and latex binders; the company's portfolios include polystyrene, polycarbonate (PC), styrene-acrylonitrile, acrylonitril-butadin-styrene-styrene (ABS), and styrene monomer.
  • Lubrizol Corporation, a manufacturer of chemical products, is providing coatings, engineering polymers, piping systems, industrial lubricants, and chemical products.
  • Nuplex Industries Limited is the manufacturer and distributor of decorative paints and resins utilised in industrial and performance coatings, with operations in Europe, Asia, the United States, Australia, and New Zealand.

Emulsion Polymers Market Company Profile

  • Celanese Corporation *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BASF SE
  • DOW Chemical Company
  • Asahi Kasei
  • Celanese Corporation
  • Synthomer PLC
  • Omnova Solution Inc.
  • Trinseo
  • Lubrizol Corporation
  • Nuplex Industries Ltd.

“*” marked represents similar segmentation in order categories in the respective section

Emulsion Polymers Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Cell and Gene Therapy Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By-Type
      • Market Snippet, By Application
      • Market Snippet, By End Use Industry
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Segment Trends
    • Acrylics
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Vinyl Acetate Polymer
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Styrene-Butadiene Latex (SB)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
  6. Market Segmentation, Application, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Segment Trends
    • Paints & Coatings
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Adhesives & Sealants
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Paper & Paperboard
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Other Products
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
  7. Market Segmentation, End Use Industry, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Segment Trends
    • Building & Construction
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Automotive
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Chemicals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Textile & Coatings
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
  8. Global Market, By Region, 2022-2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
      • Y-o-Y Growth Analysis (%), 2022-2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Application, 2022-2032
      • Market Size and Forecast (US$ Bn), By End Use Industry, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Application, 2022-2032
      • Market Size and Forecast (US$ Bn), By End Use Industry, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Application, 2022-2032
      • Market Size and Forecast (US$ Bn), By End Use Industry, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Application, 2022-2032
      • Market Size and Forecast (US$ Bn), By End Use Industry, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, 2022-2032
      • Market Size and Forecast (US$ Bn), By Application, 2022-2032
      • Market Size and Forecast (US$ Bn), By End Use Industry, 2022-2032
      • Market Size and Forecast (US$ Bn), By Country, 2022-2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
      • Celanese Corporation
        • Company Overview
        • Product and Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • BASF SE
      • DOW Chemical Company
      • Asahi Kasei
      • Celanese Corporation
      • Synthomer PLC
      • OBnova Solution Inc.
      • Trinseo
      • Lubrizol Corporation
      • Nuplex Industries Ltd
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Emulsion Polymers Market is US$ 29.4 billion in 2022.

The Emulsion Polymers Market is projected to increase at a CAGR of 9.2 % during the forecast period.

The Emulsion Polymers market is segmented based on Type, Application, End-Use Industries and region.

The growing demand for high-quality coloured colours and the development of residential infrastructure, especially in emerging countries, is expected to boost industry growth in the projected period.

Asia Pacific dominated the emulsion polymer market with sales of more than 40% of total sales, followed by Europe and North America.