The polymer dispersions industry is expected to reach USD 10.39 billion by 2025 at a CAGR of 8.1%, in value terms. Polymeric dispersions are polymers in aqueous emulsion with colloidal particles in a stabilized state, the best known being latex. Polymer dispersions are employed in various applications such as inks, adhesives, paints, coatings, papers, and sealants. The type of polymer dispersion to be employed is chosen based on the size of the particles and the presence of solids.
Market drivers and restraints:
The industry for polymer dispersions is driven by increasing call for polyurethane dispersions and other application polymer dispersions. The expansion of the worldwide polymer dispersion industry is driven by increasing call for paints and coatings. Polymer dispersions are broadly employed in the making of decorative and protective paints and coatings; Therefore, escalated construction activity in advancing and developed economies around the world is predicted to drive call for polymer dispersions in paints and coatings. The acrylic dispersion sector of the worldwide polymer dispersion industry, by type, is predicted to witness the quickest expansion over the foreseen period. Strict environmental regulations on the use of solvent-based dispersions owing to VOC emissions are expected to drive call for polymer dispersions in the coming years. However, the question of durability and the useful life of surfaces and structures can slow down the call for nanoemulsions. Although nanoemulsions can have some drawbacks, various studies and experiments show that nanoemulsions’ water repellency, breakage prevention, and moisture migration create a call for suitable applications on other substrates.
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Report segmented as:
By resin type:
carpets and fabric
adhesives and sealants
decorative and protective coatings
By end use industry:
Asia-Pacific is expected to be the fastest growing polymer dispersion industry, with India and China being the main industrys domestically. The use of polymer dispersions in decorative and protective coatings is expected to drive industry expansion in Asia-Pacific owing to increasing consumer awareness of the toxicity of VOCs, along with the increasing adoption of green coatings applications in industries. construction and automobile. North America was the largest industry for polymer dispersions in 2020 owing to increasing awareness of the adverse effects of VOCs on the environment and human health as a result of the use of polymer dispersions compared to solvent based dispersions. . Established automotive and construction industries in the region are expected to drive call for polymer dispersions during the foreseen period, with increasing environmental scrutiny of the use of solvent-based dispersions. The European industry is expected to show moderate expansion during the period under review owing to recent regulatory changes regarding emissions of organic solvents, which have led to a growing interest in the use of polymer dispersions in based solvents. high performance water. The Latin American industry is expected to experience significant expansion during the review period, with the expansion of the automotive industry in Brazil and Mexico. The industry in the Middle East and Africa is likely to grow at a tremendous rate in the coming years with increased investment in the construction industry.
Important market players:
Some of the key players in the global polymer dispersion are BASF SE (Germany), Arkema (France), DIC Corporation (Japan), Akzo Nobel NV (Netherlands), Asahi Kasei Corporation (Japan, Clariant AG (Switzerland), Momentive Performance Materials Holdings LLC (US), Nuplex Industries Ltd (Australia), Omnova Solutions (US), Wacker Chemie AG (US), Trinseo SA (US), the Dow Chemicals Company (US), Asian Paints Ltd (India), Celanese Corporation (US), Cytec Industries Inc. (US), Financiera Maderera SA (Spain), Eastman Chemical Company (US), and Lubrizol Corporation (US).
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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