Emulsion Polymers Market | Increased Demand For Acrylic Emulsion Polymers to Boost Growth in the Materials Industry | Technavio

LONDON--(BUSINESS WIRE)--#EmulsionPolymersMarket--The emulsion polymers market is expected to grow by USD 15.64 bn during 2020-2024, expanding at a CAGR of 7%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.



The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. - Request a Free Sample Report on Pandemic Recovery Analysis

Emulsion Polymers Market: Increased demand for acrylic emulsion polymers will drive growth

The increasing living standards of the people and the rising GDP, coupled with the rapid growth of the automotive industry are increasing the demand for paints and coatings. Even the manufacturing process also plays a huge part in their increasing demand. As acrylic emulsion polymers consume less energy and require very low maintenance and handling cost. These factors will drive the growth of the emulsion polymers market during the forecast period.

Is there any relief during this COVID-19 pandemic? Click to know

As per Technavio, the rapid growth in the automotive industry will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Emulsion Polymers Market: Rapid growth in the automotive industry

The rapid growth of the automotive industry has also led to an increase in the demand for emulsion polymers, as these polymers are used for paints and coatings. Emulsion polymer products are extensively used in the production of paints to improve heat sensitivity, self-repairing ability and quality. Therefore the upward growth trajectory of the automotive industry will have a positive impact on the emulsion polymer industry, during the forecast period.

"Emulsion polymers are emerging to be a substance of high-importance as they are preferred due to their low VOC emissions and other flammable constituents. The growing demand from the paint and polymer coating applications is expected to boost the growth of the emulsion polymers market during the forecast period.," says a senior analyst at Technavio

Register for a free trial today and gain instant access to 17,000+ market research reports

Technavio's SUBSCRIPTION platform

Emulsion Polymers Market: Segmentation Analysis

This market research report segments the emulsion polymers market by Application (Paints and coatings, Paper and paperboard coatings, Adhesives, and Others) and Geography (APAC, Europe, North America, South America, and MEA).

The paints and coatings segment led the global emulsion polymers market in 2019. The growth of the construction and automotive industries, majorly in APAC, is one of the most important factors for the growth of the paints and coatings application segment. The biodegradable and eco-friendly nature of emulsion polymers is yet another factor driving the growth market. The increasing demand for low VOC emission products in paints is expected to increase the demand for emulsion polymers in the paints and coatings applications even further during the forecast period.

The APAC region led the emulsion polymers market in 2020, followed by Europe, North America, South America, and MEA respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to the implementation of stringent government norms to reduce the use of products with high petrochemical or VOC content.

Technavio’s sample reports are free of charge and Gain competitive intelligence about market players. Track key industry trends, opportunities, and threats. Inform your marketing, brand, strategy, and market development. Request a free sample report

Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/