Polymer Dispersions Market Potential and Niche Segments, Geographical regions and Trends to 2023
Polymer Dispersions Market Potential and Niche Segments, Geographical regions and Trends to 2023
(EMAILWIRE.COM, October 08, 2018 ) Polymer dispersions are water-borne emulsion polymers which are utilized in numerous applications such as paints, papers, inks, coatings, adhesives, sealants, and protecting coating. Particle size and presence of solid content are the two main factors that determine the type of polymer dispersion. Film-forming polymer dispersions are mainly utilized to provide security from grease, oil, and different substances.
Polymer Dispersions Market size was around USD 7.48 billion in 2018. It is expected to grow at a CAGR of 8.4% to reach USD 11.2 billion by 2023.
The growth of the Polymer Dispersions market is driven by the expansion of the leather industry as polymer dispersions are extensively involved in their manufacture. With regards to the future, interior decorating products is an industry that could provide major growth prospects. Enactment of strict environmental regulations on the cutback of high volatile organic compound (VOC) emission is also expected to further drive the growth of the polymer dispersion market in the near future.
The Polymer Dispersions market is segmented by resin type and by application. By Resin type, the market is categorized into Acrylic Dispersions, Styrene-Butadiene (SB) Dispersions, Vinyl Dispersions, and Polyurethane (PU) Dispersions. Under this segment, Acrylic dispersions account for the majority of the market revenue due to factors such as relatively low cost and extensive range of applications. On the basis of Application, the market is segregated into Decorative & Protective Coating, Paper, Printing Ink, Carpet & Fabrics, and Adhesives & Sealants. The decorative coatings section is anticipated to grow at the quickest rate throughout the forecast period because of the rising demand for high-quality and aesthetical interior furnishings. Based on End user, the market is divided into automotive, consumer goods, packaging, paints, and construction.
By geography, the market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. North America and Asia-Pacific together account for around 50% of the global Polymer Dispersions market. Asia-Pacific is the fastest growing region internationally led by the huge markets of India and China. In rising markets, like Asia-Pacific and South America, the ornamental & protecting coating application is projected to drive the growth significantly.
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Key players in the market include The Dow Chemical Company, BASF SE, Evonik Industries AG, Synthomer, Polymerics Inc., Solvay Group, Michelman, Vinavil S.p.A., IKERLAT Polymers S.L., and Covestro AG.
Polymer Dispersions Market size was around USD 7.48 billion in 2018. It is expected to grow at a CAGR of 8.4% to reach USD 11.2 billion by 2023.
The growth of the Polymer Dispersions market is driven by the expansion of the leather industry as polymer dispersions are extensively involved in their manufacture. With regards to the future, interior decorating products is an industry that could provide major growth prospects. Enactment of strict environmental regulations on the cutback of high volatile organic compound (VOC) emission is also expected to further drive the growth of the polymer dispersion market in the near future.
The Polymer Dispersions market is segmented by resin type and by application. By Resin type, the market is categorized into Acrylic Dispersions, Styrene-Butadiene (SB) Dispersions, Vinyl Dispersions, and Polyurethane (PU) Dispersions. Under this segment, Acrylic dispersions account for the majority of the market revenue due to factors such as relatively low cost and extensive range of applications. On the basis of Application, the market is segregated into Decorative & Protective Coating, Paper, Printing Ink, Carpet & Fabrics, and Adhesives & Sealants. The decorative coatings section is anticipated to grow at the quickest rate throughout the forecast period because of the rising demand for high-quality and aesthetical interior furnishings. Based on End user, the market is divided into automotive, consumer goods, packaging, paints, and construction.
By geography, the market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. North America and Asia-Pacific together account for around 50% of the global Polymer Dispersions market. Asia-Pacific is the fastest growing region internationally led by the huge markets of India and China. In rising markets, like Asia-Pacific and South America, the ornamental & protecting coating application is projected to drive the growth significantly.
Free sample: https://www.marketdataforecast.com/market-reports/polymer-dispersions-market-8180/request-sample
Key players in the market include The Dow Chemical Company, BASF SE, Evonik Industries AG, Synthomer, Polymerics Inc., Solvay Group, Michelman, Vinavil S.p.A., IKERLAT Polymers S.L., and Covestro AG.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +9118887029626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +9118887029626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results