by The polymer emulsion market comprises polymer dispersions and emulsions that offer various functional advantages over other resins such as solvent resistance, flexibility, durability, and adhesion. Polymer emulsions are utilized in water-based adhesives, paints & coatings, paper & paperboard coatings, and others due to their environment-friendly nature. The growing applicability of polymer emulsions in various end-use industries such as building & construction, paper & paperboard, packaging, and others is positively impacting the market growth.
The Global Polymer Emulsion Market is estimated to be valued at US$ 38.23 Bn in 2024 and is expected to exhibit a CAGR of 16% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the Polymer Emulsion market are VIVUS Inc., Pfizer Inc., Novo Nordisk, Bayer AG, F Hoffmann-La Roche, Glaxosmithkline, Arena Pharmaceuticals, Eisai Co. Ltd., Takeda Pharmaceutical Company, and Nalpropion Pharmaceuticals Inc., among others. The rising demand for water-based adhesives from various end-use industries like packaging, construction, paper & paperboard coatings is fueling the polymer emulsion market growth. Owing to the environmental compliance and low volatile organic compound (VOC) content of polymer emulsions, their demand is increasing globally. Major players are focusing on expanding their production capacities especially in the Asia Pacific and Latin American regions to tap the rise in demand.
Market key trends
One of the key trends gaining traction in the Global Polymer Emulsion Market Size is the development of sustainability-focused and eco-friendly products. Emerging technologies allow manufacturers to produce polymer emulsions from bio-based resources that lower environmental footprint. Moreover, newer grades with advanced performance characteristics are enabling wider end-use ranging from construction to personal care. For example, redispersible polymer powders (RDPs) minimize generated waste and provide ease of handling & transportation. Their rising popularity is expected to drive the polymer emulsion market during the forecast period.
Porter’s Analysis
Threat of new entrants: Entry barriers like patents and regulations make it difficult for new players to enter.
Bargaining power of buyers: Large buyers can negotiate lower prices due to their high volumes.
Bargaining power of suppliers: Suppliers have moderate power due to differentiated products requiring specialized production processes.
Threat of new substitutes: Potential substitutes like solution polymer can gain market share if they offer better properties.
Competitive rivalry: Companies compete based on product quality, technical support and pricing giving customers best value for money.
Geographical regions
North America holds the major share of the global polymer emulsion market owing to high demand across industries like paints & coatings, paper & paperboard, carpets & fabrics in the region. The Asia Pacific region is expected to grow at the fastest rate during the forecast period due to presence of rapidly growing economies like India and China coupled with increasing consumption of polymer emulsions in various end-use industries. India and China are the fastest growing markets in Asia Pacific owing to improving economic conditions and rising per capita income.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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