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Introduction:Global emulsion polymer market is pacing up due to high demand for paints & coatings in the building & construction and automotive industries in Asia-Pacific region. Countries such as India, China, South Korea and Vietnam are in the developing phase, growth in industries has escalated demand for emulsion polymers.
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Emulsion Polymers are obtained by polymerization and emulsion of surfactants, monomers (styrene and butadiene) and water. They are monomer dissolved in water and are known as waterborne solvent due to the water content. Due to its low Volatile Organic Compound (VOC) and Vinyl Acetate (VAc) content emulsion polymers act as substitute for solvent borne polymers. Emulsion polymers have better recyclability and life than solvent borne polymers. They have high molecular weight which results in fast polymerization and are widely used in various industries. On the basis of end-users the global emulsion polymers market can be segmented as paper & paperboard, adhesives, textile & non-woven, paints & coatings and others (leather, etc.). These polymers are widely used in several industries amongst which paints & coatings is the largest segment and is expected to continue over the forecast period. On the basis of product type emulsion polymers market can be segmented as vinyl acetate polymers, acrylics, styrene-butadiene latex, polyurethane dispersions and others (silicone, hybrid epoxy, etc.). Polyurethane dispersions segment is expected to be the fastest growing in future as it is comply with several regulations of low VOC content.
Segments Covered:
Emulsion polymers market is fragmented and geographically it is segmented into North America, Latin America, Asia-Pacific (APAC), Europe and Rest of the world amongst which APAC followed by North America is the largest market. In Europe, countries such as Germany, the U.K., France and Italy dominated demand for emulsion polymers in recent past. However, Eastern Europe and Russia markets are expected to grow in next few years. Due to rise in industrialization Middle East and Africa regions are projected as one of the most lucrative emulsion polymer markets in near future.
The companies covered in the Global Emulsion Polymers Market report:
• Arkema S.A.
• BASF SE
• Asahi Kasei Chemicals Corporation
• Batf Industry Co. Ltd.
• Koninklijke DSM N.V.
• DIC Corporation
• Trinsea S.A.
• Nuplex Industry
• Wacker Chemie AG
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