The Polymer Emulsion Market is expected to grow at > 7.6% during 2021-2026, according to a report from Stratview Research.
COVID-19 pandemic – Boon or a Curse to the industry?
The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.
Key insights on Polymer Emulsion Market
Polymer Emulsion Market is likely to witness an impressive CAGR of 7.6% during the forecast period. The major factors propelling the polymer emulsion market are the increasing construction activities, growth in automotive & transportation sector, industrial development, and the stringent regulations regarding Volatile Organic Compound (VOC) control, including initiatives, such as REACH Europe and Clean Air Act, respectively.
Asia-Pacific is estimated to be the largest as well as fastest-growing market for polymer emulsions during the forecast period. The growth of the market is driven by the growing economies in the Asia-Pacific region, development of infrastructure, growth in automotive and industrial sectors. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Market Scope & Market Segmentation
Polymer Emulsion Market Share: By Polymer Type
Based on the polymer type, the market is segmented as acrylics, vinyl acetate polymer, SB Latex, and others. The acrylics segment held the largest share of the market in 2019, and is expected to witness the highest growth during the forecast period. The extensive use of acrylics is owing to the absence of VOC content along with their long-lasting nature, which is driving the growth of the segment.
Polymer Emulsion Market Share: By Application Type
Based on the application type, the polymer emulsion market is segmented as paints & coatings, adhesives & sealants, paper & paperboard, and others. The paints & coatings segment dominates the market and is also expected to lead the market during the forecast period. Paints & coating applications use polymer emulsions due to their various advantages, such as low VOC content, inflammable nature, lower energy consumption in the manufacturing process of polymer emulsion paints & coatings and its low handling cost.
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Which key questions will this report answer?
This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.
Some of the key questions answered by the report are:
- What is the impact of COVID-19 on the market forecast?
- What are the trends, drivers, and challenges?
- How competitive is the market? Who are the market leaders?
- What are the key strategies adopted by the market players?
- Which segments offer the greatest opportunities?
- Which are the most attractive regions?
- What are the key success factors for the market players?
- How does the business environment impact the market?
- Which strategic alliances have taken place recently and their significance?
Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.
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