Synthetic and Bio Emulsion Polymers Market Analysis

Synthetic and Bio Emulsion Polymers Market Analysis

Synthetic emulsion polymer based styrene-butadiene (SB) latex market size should surpass USD 9 billion by 2024. It is a polymer emulsion composed of styrene and butadiene. SB latex contains 45 to 80% styrene, having wide range of applications including paperboard coatings, coated/pigmented paper and carpet back-coatings.
 

Styrene content in the latex is varied depending on the physical properties desired in the manufacturing of final product. It improves printing performance and brightness uniformity, results into usage in coated printed papers such as advertising flyers, annual reports, magazines, catalogs and label stocks. Rise in SB latex demand mainly in China and U.S. owing to positive application scope in paper coatings will drive emulsion polymer industry growth.
 

Acrylics polymer emulsions market size may register gains at over 4% owing to its wide application scope across the paper coatings, adhesives, paint, cement modifier and textile industry. Effective water resistance coupled with quick drying ability when compared to its competitive counterparts further thrust the product demand.

Acrylics are widely used in personal care items and superabsorbent polymers owing to its stability, high technology and chemical purity. Acrylics are further projected to sustain majority of market share, subjected to rapid technological advancements along with superior characteristics such as hardness, storage and alkali resistance. Increasing adoption of acrylic based products across Europe may substantially drive industry growth.
 

Paint & coating based applications are projected to witness considerable growth at over 6% at the end of forecast timeline owing to increasing investments in real estate sector. Growth in refurbishment activities of existing infrastructure in Europe favoured by stringent government regulations pertaining to adoption of bio-based products may drive industry growth. Rising environmental constraints coupled with rapid technological advancements drive product demand.
 

Synthetic emulsion polymers market size from adhesive applications should surpass USD 8.5 billion by 2024. Global adhesives market size was over 10 million tons in 2016. Superior characteristics of adhesives based on emulsion polymers includes absence of flammable solvents reduces the risk of fire, particularly in automotive and paper & paperboard packaging industry. Increasing usage of environmentally compliant materials such as hot melt and radiation curable adhesives which are cost-effective should result in growth in product demand.
 

Europe emulsion polymers market size, driven by Germany, France and UK should surpass USD 10 billon by 2024. Supportive governmental regulations on promotion of green buildings along with rise in demand for low VoC products should stimulate product demand. Strong presence of automotive giants coupled with regulations enforcing manufacturers to decrease carbon footprints in production of polymer emulsion paints & coatings will enhance regional growth.
 

China emulsion polymers market size should witness significant gains at over 6.5% by 2024. Increase in infrastructure spending along with paint & coating industry development will drive regional demand. Low cost for setting up of manufacturing sites of coupled with availability of skilled labours at low wages, results to decrease in operational cost of manufacturers, thereby stimulating product demand. Low electricity & water cost and easy availability of feedstock also aid to regional industry growth.
 

MEA, led by UAE and Saudi Arabia emulsion polymers market size, should witness gains at over 4.5% by 2024. Increasing high quality paints & coatings demand along with growth in construction projects should positively influence regional growth. Growth in water-borne coatings demand from paints & coatings industry, should further stimulate regional product demand.