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Emulsion polymer market was worth USD 28.24 billion and is expected to reach USD 41.63 billion by 2019, growing at a CAGR of 5.7% from 2012 to 2018.
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Emulsion
polymerization is used for the manufacturing of several important
polymers. Key raw materials used in the manufacturing of emulsion
polymer are styrene, butyl acrylate, surfactants and initiators. The
rebound in paints and coatings industry in North America and Europe, as well as rapid economic growth in Asia Pacific
is expected to remain the major driving force for the emulsion polymer
market. Volatile raw material prices are expected to be a key challenge
for market participants.
Acrylics
and styrene-butadiene latex were the most dominant product segments,
accounting for over 65% of the total emulsion polymer demand in 2012.
Emulsion polymer is mainly employed in paints and coatings, adhesives,
paper and paperboard coatings and other applications. Paints and
coatings industry dominated the global market followed by paper and
paperboard coatings market. Paints and coatings industry is expected to
be the key growth market for emulsion polymer over the next five years.
Asia Pacific accounted for 38.2% of the total emulsion polymer market in 2012, followed by Europe and North America. Asia Pacific
is also expected to be the fastest growing regional market in terms of
both emulsion polymer consumption and production. This can be attributed
to the growing economies and this region. Cheap availability of raw
materials, skilled labor, land, and equipment has resulted in Asia Pacific emerging as a key destination for manufacturers of emulsion polymer. Europe
is the other major region where emulsion polymer consumption was very
strong and is expected to grow in demand with a CAGR of about 4.1% in
terms of revenue from 2013 and 2019. BASF SE, Celanese, Dow Chemical,
Styron, Synthomer, Wacker Chemie, and Clariant International are some of
the major players in the emulsion polymer industry.
Emulsion Polymer Market - Product Segment Analysis
Acrylics
Styrene-Butadiene Latex
Vinyl Acetate Polymers
Others
Emulsion Polymer Market - Application Segment Analysis
Paintings & Coatings
Paper & Paperboard Coatings
Adhesives
Others
Emulsion Polymer Market - Regional Analysis
North America
Europe
Asia Pacific
Rest of the world
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