Global Emulsion Polymer Market Size, Share, Growth Analysis, By Type, By Application, By End Use, By Product, By Application, By End Use - Industry Forecast 2023-2030

Emulsion Polymer Market size was valued at USD 27.23 billion in 2021 and is poised to grow from USD 29.47 billion in 2022 to USD 54.12 billion by 2030, growing at a CAGR of 8.5% in the forecast period (2023-2030).

Radical polymerization, which starts with the emulsion phase of water, monomer, and surfactant, leads to emulsion polymers. An oil-in-water emulsion is the most typical kind of emulsion. Emulsion polymers are categorised as bio-based or synthetic depending on their structure and method of polymerization. Emulsion polymers are rapid to polymerize, have a high molecular weight, and are safe for the environment. In the paper business, emulsion polymers are used to create sheets, paper bags, boxes, cartons, and other products. In adhesives like bands, stickers, glue, windings, and hygiene items, it serves as a binding agent. These end-user categories have a big impact on the expansion of the polymer emulsion market.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Emulsion Polymer Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report:

The global emulsion polymer market is segmented based on product, type, application, end user and region. Based on type it is categorized into Acrylics, Vinyl Acetate Polymer, and SB Latex. Based on product, the market is segmented into Polyethylene, Polypropylene, Polyvinyl Chloride, Polyurethane, Polyethylene Terephthalate, Polystyrene, and Others. Based on end user it is categorized into Buildings & Construction, Automotive, Textile & Coatings and others. Based on Application it is categorized into: Paints & Coatings, Adhesives & Sealants, and Paper & Paperboard. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Driver

The need for protective and long-lasting paints is predicted to expand, which will lead to a large expansion in the market for architectural paints and coatings in 2021. During the projected period, rapid urbanisation and rising consumer disposable income are also anticipated to fuel market expansion. The demand for emulsion goods is predicted to rise as a result of this pattern. Over the projection period, market growth is anticipated to be aided by rising residential infrastructure development and soaring demand for premium colour paints, particularly in emerging nations.

Demand for products containing solvents is anticipated to increase over the course of the forecast period as a result of growing end-user knowledge of the negative environmental effects of these products and favourable regulatory developments. Low VOC content or VOC-free paints and coatings are anticipated to benefit from the shift in the trend towards ecologically friendly paints and coatings. Emulsion polymerization output has increased due to this trend on the international market. Operators in the industry can produce low viscosity, high molecular weight polymers using this technique. Additionally, over the projected period, increased consumer awareness of green construction is anticipated to fuel demand globally.

Restraint

Some of the raw materials utilised by business owners come from petrochemical-based feedstocks like crude oil and natural gas, which are prone to sharp and extreme price fluctuations. worldwide macroeconomic considerations, supply and demand issues, such as OPEC output quotas and rising worldwide demand for petroleum-based products, might all exacerbate these price variations. Operations in the industry could be negatively impacted by significant changes in the price and availability of raw materials.

Market Trends

Emulsions made of bio-based polymers and water are predicted to offer tremendous development potential. Over the projection period, consumer awareness of green construction is anticipated to increase global demand. During the projection period, the market is anticipated to be driven by favourable legislative trends along with increased awareness among end-use industries regarding the environmental impact of solvent-based products.

Low VOC content or VOC-free paints and coatings are likely to be supported by the shift in consumer demand for ecologically friendly paints and coatings and a supportive regulatory environment. As a result, the emulsion polymerization market has started to grow internationally. When using the emulsion polymerization method, high molecular weight but low viscosity polymers are produced. Contrarily, polymers can be specifically created to have the required shape and composition.

The market for emulsion polymers is growing as a result of rising consumer awareness of painting techniques, protective coatings, and a trend in interior design. The increasing usage of colour and coating compounds in the automobile industry is another factor boosting market expansion. The market for water-based polymer emulsion has also increased due to consumer demands for ecologically friendly products that promote a safe and healthy environment. Global large-scale urbanisation has raised the need for housing, which has increased the demand for end-user commodities. The outcome is an increasing population.