Styrene Acrylic Emulsion Polymer is dominatingly utilized as cements and development synthetic substances. The Styrene Acrylic Emulsion Polymer Market is anticipated to develop significantly and register a solid development with a sound CAGR during the anticipated period. A portion of the significant drivers supporting the market development are constant development in paper and bundling and beautifying agents and individual consideration industry. Styrene Acrylic Emulsion Polymer is utilized as fastener and opacifier in development and beauty care products ventures. Developing mindfulness in regards to the advantages related with Styrene Acrylic Emulsion Polymer alongside consistent development of paper and bundling industry is assessed to drive the interest in not so distant future.
Moreover, developing per capita extra cash in agricultural nations joined with enormous consumption on beautifying agents and individual consideration items is anticipated to impel the market development. Paints and coatings application section arose as the biggest portion of the overall industry in 2016 and is assessed to hold its strength over the evaluation time frame because of expanding request in different end use enterprises.
Celanese Corporation, Pexi Chem Private Limited., The Dow Chemical Company, H.B. Fuller, Acquos, Xyntra Chemicals B.V., The Lubrizol Corporation among others are some of the prominent players at the forefront of competition in the Global Styrene Acrylic Emulsion Polymer Industry and are profiled in MRFR Analysis.
The Styrene Acrylic Emulsion Polymer report analyses the degree of competition among the market players as well as industry growth and market scenario. The global Styrene Acrylic Emulsion Polymer market is at a growing stage, which represents modest stats in terms of market volume. In recent years, Styrene Acrylic Emulsion Polymer market has witnessed average demand on account of rising use in cosmetics & personal care industry. Increasing cosmetic demand along with rising number of working professional across the globe has resulted in increased usage of personal care product which in turn has raised the demand for Styrene Acrylic Emulsion Polymer. Nevertheless, the degree of competition among the key market players is still less owing to limited manufacturers. Globally market for Styrene Acrylic Emulsion Polymer is classified and it is moving towards growth expansion by specifically approving partnership, expansion and joint-venture strategies and product launch strategies.
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Industry/ Innovation/ Related News:
September 2017- Celanese Corporation, a leading technology and specialty material company will increase its styrene acrylic emulsion with effect from 1 October, 2017. The increase in price is due to continued cost escalation of major raw materials used to manufacture these product.
April 2017- Mallard Creek Polymers announced to participate in TAPPI and PaperCon 2017. In these event, the company will launch its new acrylic emulsion polymer named as Tykote6160. With this product launch the company enhance its product portfolio for styrene emulsion polymer.
December 2015- IQOXE, a petrochemical company acquired the production site, also including a technology license agreement for the manufacturing of acrylic and styrene acrylic copolymers dispersions, vinyl homo polymers and vinyl ester dispersions.
June 2015- The Lubrizol Corporation announced that the company will expand new acrylic emulsion capacity at its production site located in Antwerp, Belgium. With this expansion, the company will able to meet the demand of customers across the Europe which require unique, high performance technologies for differentiated resin performance.
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