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NEW DELHI , May 18, 2022 /PRNewswire/ -- The study undertaken by Astute Analytica forecasts a tremendous growth in revenue of the Global Polymer Emulsion Market 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. Polymer emulsion is the process of polymerization of emulsion, where emulsification of monomer is prepared with water and surfactant. 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-butadiene, pure acrylic, styrene-acrylic, vinyl acetate copolymers, and pure vinyl acetate, among others.
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The market is majorly driven by factors such as an increase in demand for paints and coatings and a rapid rise in paper and paperboard markets. 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, 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 the 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. However, the 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 of the Global Polymer Emulsion Market
The various segmentations considered to analyze the Global Polymer Emulsion Market are based on technology type, monomer base, application, end-users, and region. Based on technology, the liquid segment holds the highest market share in 2021. In terms of monomer base, the styrene-butadiene segment dominates the global market in 2021. Further, in terms of application, the paintings & coatings application displays the highest market share. Moreover, buildings are the highest end-users in the polymer emulsion market. The Asia Pacific holds the highest share in the Global Polymer Emulsion Market in 2021.
Regional Analysis of the Global Polymer Emulsion Market:
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BASF SE, Dow Chemical Company, Celanese Corporation, and Arkema Group, among others
By Technology, By Monomer Base, By Applications, By End-User, By Region
North America, Europe, Asia Pacific, Middle East and Africa, South America
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The key players in the Global Polymer Emulsion Market are BASF SE, Dow Chemical Company, Celanese Corporation, and Arkema Group, among others.
Recent developments in the Global Polymer Emulsion Market:
The following are the various segments of the Global Polymer Emulsion Market:
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