Acrylic Polymer Emulsion is produced by an emulsion polymerization process in which the acrylic polymer droplets are emulsified in water and then polymerized. Acrylic Polymer Emulsion are versatile in nature because of the acrylic ester functionality. They possess superior properties such as low volatile emission compound (VOCs) emission rate and excellent durability which make it suitable for numerous applications in end use industries such as building & construction, paints & coatings, textiles, and others.
Rising consumer awareness regarding harmful effects of solvent based emulsion, is driving Acrylic Polymer Emulsion Growth. However, higher price of Acrylic Polymer Emulsion in comparison to conventional is expected to hinder market growth over the forecast period.
Growing demand from paper & packaging industry that include boxes, paper bags, and folded cartons is anticipated to drive the Acrylic Polymer Emulsion Market growth. In addition, demand for Acrylic Polymer Emulsion is benefitting from social and regulatory intervention promoting the usage of eco-friendly emulsion. Escalating investments in the mining and construction industry along with expansion of industrial sector in developing regions is driving demand for Acrylic Polymer Emulsion.
The increasing usage of Acrylic Polymer Emulsion in packaging material such as boxes, sanitary food containers, tubes and cans is further anticipated to fuel market growth. The growth in consumption of water based emulsion has propelled the usage of Acrylic Polymer Emulsion in paints & coatings industry.
The major players operating in the Acrylic Polymer Emulsion Market include Celanese Corporation (U.S), Kamsons Chemicals Pvt. Ltd (India), Pexi Chem Private Limited (India), StanChem, Inc. (U.S), The Dow Chemical Company (U.S), Asian Paints Ltd (India), The Lubrizol Corporation (U.S), Xyntra Chemicals B.V. (the Netherlands) and others.
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Asia Pacific is predicted to lead the market during the forecast period due to increasing consumption of acrylic polymer emulsion in end use industries such as paper & packaging, building & construction, paints & coatings, textile, and others. Asia Pacific will continue to see significant growth in demand throughout the forecast period driven by strong growth of construction and textile industry India, China, Bangladesh, Vietnam, and Thailand. Favorable weather conditions, availability of cheap labor, and governmental support are the other factors driving the acrylic polymer emulsion market.
Europe holds the second rank in terms of demand for polymer emulsion market after Asia Pacific. Stringent regulations regarding volatile organic compound (VOCs) emission rate resulting in shifting consumer preference from solvent based to lower VOCs based products is driving market growth. Moreover, heavy investment in the infrastructure and building & construction sectors from private as well as government companies is expected to drive the market growth. The expansion of building & construction in emerging economies of Asia Pacific and Latin America has resulted in increased demand for environment friendly paints & coatings.
In North America, specifically in Mexico significant growth of automotive sector has been observed, thus increasing the demand for acrylic polymer emulsion. The growing demand for protective coatings in the textile industry and increasing easy to use paints consumption are among the important factors driving the growth of acrylic polymer emulsion market in North America.
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Key Points from Table of Contents:
11. Company Profiles
11.1 Celanese Corporation
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 Kamsons Chemicals Pvt. Lt
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Pexi Chem Private Limited
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 StanChem, Inc.
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.5 The Dow Chemical Company
11.5.1 Company Overview
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
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