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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Polymer Emulsion Market: By Type, By Application, By End User and Geography
Polymer Emulsion Market: By Type, By Application, By End User and Geography
Polymer Emulsion Market size was valued at US$ 28.4 billion in 2023 and is expected to reach US$ 45.9 billion by 2030, at a CAGR of 9.4% from 2024-2030. Strict rules concerning VOC emission, increasing construction projects, low capital requirement for setting up manufacturing units, rise in the number of industrial applications of polymer emulsion and rising adoption of environment-friendly paints and coatings are some key factors influencing the market growth. However, factors such as high cost of raw materials are restricting the market growth. In addition, the development of water and bio-based polymer emulsions provides a huge growth opportunity for the market growth. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global polymer emulsion market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (regional Investment hot spots) and market unmet needs (Product opportunities).
Study Period
2024-2030Base Year
2023CAGR
9.4%Largest Market
EuropeFastest Growing Market
Asia-Pacific
Solvent-based compound release volatile organic compounds into the atmosphere which is not only dangerous to the environment but also for human beings and numerous other forms of life. The benefit of polymer emulsion products is that they do not contain any VOC in them. Severe environmental rules and standards placed down by the numerous governments, along with social awareness concerning the go green concept are the main socio-political reasons driving the polymer emulsion market. Most of the industries that use polymer emulsions include paints & coatings, paper & paper-board and adhesives, with all of them concentrating on reducing VOC emissions. Hence, growing awareness with respect to the adverse effects of VOC emissions is increasing demand for polymer emulsion.
Asia Pacific accounted for larger revenue share in global polymer emulsion market with considerable CAGR. The growth in this region can be attributed to strong economic growth, increasing infrastructure development, growing middle-class population and expansion in industrial & automotive sectors. Also, rapidly growing Chinese and Indian markets are other factor responsible for market growth. Moreover, Asia Pacific is likely to continue its dominance in the coming years owing to the availability of land, equipment, cheap raw material, and skilled labor.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 28.4 billion |
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Market Size in 2030 |
US$ 45.9 billion |
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Market CAGR |
9.4% |
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By Type |
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By Application |
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By End User |
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The Polymer Emulsion Market size was valued at US$ 28.4 billion in 2023
The Polymer Emulsion Market key players are: Arkema Group (France) BASF SE (Germany) Celanese Corporation (US) DIC Corporation (Japan) DowDuPont (US) Omnova Solutions Inc. (US) Synthomer Plc (UK) The Lubrizol Corporation (US) Trinseo (US) Wacker Chemie AG (Germany)
The Polymer Emulsion Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.