Synthetic and Bio Emulsion Polymers Market is set to projected 15 million tons by 2024
Date: 2018-12-10   Author: Rahul Varpe  Category: #market

Synthetic and Bio Emulsion Polymers Market is set to projected 15 million tons by 2024

According to a new research report by Global Market Insights, Inc. Synthetic and Bio Emulsion Polymers Market size is set to exceed USD 40 billion by 2024.

Synthetic emulsion polymers demand from paint & coatings applications may surpass USD 16 billion by the end of projected timespan. It is widely used owing to its low VoC content, making it environment friendly product. The manufacturing process has lower carbon footprint as it consumes less energy. Low operational cost and positive application scope in marine, construction, aviation and automotive will boost product demand.

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Bio emulsion polymers have same structure and chemical properties as that of synthetic counterparts. It is manufactured from 100% renewable resources. EPA and REACH are implementing rules regarding the use of eco-friendly products to restrict toxic emissions.

SB latex is extensively used in carpet black-coatings, paperboard coatings and pigmented/coated paper as it improves brightness and printing performance. Increasing application potential in paper and paperboard coatings in the U.S and China will stimulate emulsion polymers market size.

Acrylic emulsion polymers market size should exceed USD 17 billion by the end of projected period due to its usage in adhesives, personal care, paper coatings, and textile industries. Increasing acrylics usage owing to key properties which includes water resistance and fast drying ability along with technological innovations in this segment will drive product demand. Presence of large scale automotive manufacturers in Europe along with stringent regulations implemented by REACH will boost product demand.

India emulsion polymers market size may witness significant gains at over 7% by 2024. Rapid growth of construction, consumer durables and automotive industry along with strong base for chemical industries will drive product demand. Increasing investments to improve its existing portfolio and launch new products by various companies will boost industry growth.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/synthetic-and-bio-emulsion-polymer-market

Vinyl acetate emulsion polymer market size may should surpass 2.8 million tons at the end of projected timeframe. It is widely used in adhesives owing to its characteristics which includes film forming and binding. Vinyl acetate is used in textiles, on-site construction, paperboard packing and book binding, thereby enhancing product demand.
 
Styrene and acrylics are major petrochemical raw materials for manufacturing synthetic based products. These are produced as by-products of crude oil and natural gas. Cost concern regarding volatile petrochemical oil index may hinder emulsion polymers price trend.

Positive application outlook in adhesives, paints & coatings and paper & paper board coatings industry may stimulate market emulsion polymer market growth. Polymer emulsions have low VoCs compared to solvent-borne polymers and results in strong application in end-use industries such as automobile, construction and consumer durables.
 
Supporting regulatory guidelines by REACH & EPA regarding usage of environment friendly products along with increasing awareness regarding the concept of green buildings will promote product demand. Better shelf life & recyclability, superior standards and easy handling & usage over its counterparts, may stimulate emulsion polymers market size.

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Synthetic and bio emulsion polymers market research report include in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments:

Emulsion Polymers Market By Product
•    Vinyl acetate polymers
•    Acrylics
•    Styrene-butadiene latex


Emulsion Polymers Market By Application
•    Paper & paperboard coatings
•    Paints & coatings
•    Adhesives



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Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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