Polymer Dispersions Market size was around USD 7.48 billion in 2018. It is expected to grow at a CAGR of 8.4% to reach USD 11.2 billion by 2023. Polymer dispersions are water-borne emulsion polymers which are utilized in numerous applications such as paints, papers, inks, coatings, adhesives, sealants, and protecting coating. Particle size and presence of solid content are the two main factors that determine the type of polymer dispersion. Film-forming polymer dispersions are mainly utilized to provide security from grease, oil, and different substances.
Market Drivers and Restraints:
The growth of the Polymer Dispersions market is driven by the expansion of the leather industry as polymer dispersions are extensively involved in their manufacture. With regards to the future, interior decorating products is an industry that could provide major growth prospects. Enactment of strict environmental regulations on the cutback of high volatile organic compound (VOC) emission is also expected to further drive the growth of the polymer dispersion market in the near future.
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Report segmented as
By Resin Type:
Acrylic
SB
Vinyl
Polyurethane
By End-User:
automotive
Consumer Goods
Packaging
Paints
Construction
By Application:
Decorative & Protective Coating
Paper
Printing Ink
Carpet & Fabrics
Adhesives & Sealants
Geographical Analysis:
By geography, the market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. North America and Asia-Pacific together account for around 50% of the global Polymer Dispersions market. Asia-Pacific is the fastest growing region internationally led by the huge markets of India and China. In rising markets, like Asia-Pacific and South America, the ornamental & protecting coating application is projected to drive the growth significantly.
Important Market Players:
Key players in the market include The Dow Chemical Company, BASF SE, Evonik Industries AG, Synthomer, Polymerics Inc., Solvay Group, Michelman, Vinavil S.p.A., IKERLAT Polymers S.L., and Covestro AG.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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