#Vinyl Acetate Emulsions Market Growing Popularity
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Vinyl Acetate Emulsions Market Industry Share, Size, Growth, Demands, Revenue, Top Leaders and Forecast to 2029
Industry Analysis
Vinyl acetate emulsions market is expected to witness market growth at a rate of 3.6% in the forecast period of 2022 to 2029. Data Bridge Market Research report on vinyl acetate emulsions market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the exertion for the use of low VOC coating is escalating the growth of vinyl acetate emulsions market.
Additionally, the credible Vinyl Acetate Emulsions Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Chemical and Materials industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.
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Market Insights and Scope
Major factors that are expected to boost the growth of the vinyl acetate emulsions market in the forecast period are the rise in the demand from food packaging and solar Industries. Furthermore, the social and regulatory intrusions encouraging the usage of eco-friendly emulsion is further anticipated to propel the growth vinyl acetate emulsions market. Moreover, the rise in the investment in the construction industry and the advancement of paints & coatings sector in developing countries is further estimated the growth of the vinyl acetate emulsions market.
The Vinyl Acetate Emulsions Market report encompasses various segments linked to Chemical and Materials industry and market with comprehensive research and analysis. These comprise industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, and company market share analysis. All the data, figures and information are backed up by well recognized analysis tools which include SWOT analysis and Porter’s Five Forces analysis. So, take business to the peak level of growth with the all-inclusive Data Bridge Market research report.
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Industry Segmentation and Size
The vinyl acetate emulsions market is segmented on the basis of type, applications and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, the vinyl acetate emulsions market is segmented into commonality VAE emulsion and waterproof VAE emulsion.
On the basis of application, the vinyl acetate emulsions market is segmented into coatings, wood glues, adhesives, and others.
On the basis of end user, the vinyl acetate emulsions market is segmented into wood, textile, paperboard & packaging, building & construction, paints & coatings, and others.
Market Country Level Analysis
The countries covered in the vinyl acetate emulsions market report are the
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
A reliable Vinyl Acetate Emulsions Market marketing report proves to be the finest and excellent market research report as it is formulated with the following critical factors. These consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. The report performs market study and analysis to provide market data by considering new product development from beginning to launch. The Chemical and Materials business report also provides evaluations based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Industry Share Analysis
Some of the major players operating in the vinyl acetate emulsions market are
Dow, Celanese Corporation, DIC Corporation, Synthomer PLC, Wacker Chemie AG, BASF SE, Omnova Solution Inc., STI Polymer, Asahi Kasei Corporation, Clariant, Arkema S.A., Momentive, AKZO Nobel N.V., Asian Paints, Trinseo, Solvay, Kaykay Cyano Chemical, ALLIANCE GLOBAL, Reliable Corporation, Pexi Chem Private Limited, Alpha Chemika, Benson Polymers Limited among others.
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Redispersible Polymer Powder Market Share | Analysis, Size, Growth, Trends, Demand, Key Player profile and Regional Outlook by 2027
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
The global redispersible polymer powder market has been driven by the range of its application in various sectors such as acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder, and others. Moreover, it is estimated that the acrylic sub-segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.
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Market Segmentation:
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
On the basis of the application, the market is segmented into tiling & flooring, mortars, plastering, insulation systems, and others. The tiling & flooring sector is the leading segment of the market and is anticipated to observe a rapid growth due to its boundless use in various applications such as glossy finish tiles, infrastructure developments, and maintenance work.
On the basis of the end-use, the market is segmented into residential construction, commercial construction, and industrial construction segments. The residential sector is the leading segment of the market and is anticipated to observe a rapid growth due to boundless use of redispersible polymer powder in various applications. The emulsion based product is used in these applications to improve the structural properties of the product.
Segmental Analysis:
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw materials and economic slowdown in the region. Additionally, the growing demand for the product in major industries is projected to boost the market in the Latin American region.
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Competitive Analysis
Some of the major players functioning in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Acquos (Australia), Akzo Nobel N.V. (the Netherlands), Ashland Global Holdings Inc. (U.S.), Hexion Inc. (U.S.), synthomer plc (U.K.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Bosson Union Tech (Beijing) Co.,Ltd (Belgium) and BASF SE (Germany) among others.
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Geotextiles Market |Major Countries with Business Share, Key Segment Analysis, Research and Development Status, Industry Outlook and Challenges by 2027
Market Synopsis
According to MRFR the analysis, the Global Geotextile Market was valued at more than USD 5 billion in 2018 and is expected to reach over USD 10 Billion by the end of 2025 at a CAGR of 10.8%.
Geotextiles are permeable textile materials and are among the most widely used geosynthetic materials for filtration, separation, drainage, reinforcement, and stabilization purposes. The key raw materials used include polypropylene and polyester (synthetic fibers) and natural fibers (jute, flax, sisal). Geotextiles are ideal materials in the construction of roads, landfills, harbors, dams, drainage structures, and other civil projects. Mechanical responses, high impact strength, scour and erosion protection, resistant to extreme wave action, and chemical resistance are some of the key characteristics exhibited by geotextiles, owing to which they are widely used in the aforementioned applications. The increasing demand for geotextiles in the construction of roadways and growing infrastructure developments across the globe are expected to be the primary drivers of the global market growth.
Pricing Analysis
In 2018, the price of Geotextile Market varied from USD 0.75 to 1.6 per square meter, which is witnessing an upward trend. In 2019, the price has slightly declined owing to the decline in price of polypropylene. These fluctuating prices of polypropylene and other polymers are expected to affect the prices of geotextiles during the forecast period.
SEGMENTATION
By Material
Synthetic Fibers: The synthetic fibers segment accounted for a market share of over 85% of the global market in 2018. The synthetic fibers segment is further divided into polypropylene, polyester, polyamide, and others. Polypropylene is the most widely used polymer in the manufacturing of geotextiles owing to its high tensile strength, low cost, ease of availability, and chemical inertness. It has low density, which results in a very low cost per unit volume.
Natural Fibers: The natural fiber-based geotextiles are bio-degradable and are gaining popularity in the global market on account of their eco-profile and are ecologically compatible. Natural fibers such as jute, hemp, and coir are generally applicable in temporary reinforcements and erosion-control uses of geotextiles.
By Product Type
Non-Woven: Non-woven geotextiles provide the best combination of the three functions (filtration, drainage, and reinforcement) and are hence used in the major applications including subsurface drainage, roadway separation, railroad stabilization, leachate management in landfill cells, and subsurface retention/detention systems. The increasing construction activities and growing use of geotextiles in the erosion control sector are expected to propel the market growth.
Woven: Woven geotextiles exhibit high tensile strength at low elongation (high tensile modulus) and help reduce rutting and extend the life of paved and unpaved roadways. Additionally, woven geotextiles are effective in controlling sediment runoff on construction sites, owing to which are gaining popularity in the global market. The increasing roadbuilding and embankment construction activities are expected to fuel the demand for woven geotextiles in the coming years.
Knitted: The segment held the least share of the global market in 2018. However, knitted geotextiles offer some advantages over woven geotextile, including exceptional tear strength, can incorporate an additional fabric to form a true composite geotextile, and are light in weight.
Others
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By End-Use
Transportation: The largest and the fastest-growing end-use segment. The expanding construction industry and increasing investments by governments in the emerging economies (India, China, Indonesia, and GCC, among others) for infrastructure development are expected to fuel the growth of the segment during the forecast period. The major investments such as announcement of USD 63.20 billion by the Indian Government for infrastructure development and a total expected investment of around USD 220 billion by the Chinese government for 27 major infrastructure projects are expected to boost the construction of roads and other transportation facilities in the region. Furthermore, initiation of various airport construction projects in the US, Brazil, Mexico, India, and China, are further expected to boost the demand for geotextiles in the construction of road pavement in these airports.
Environment: The stringent regulations pertaining to water pollution across the globe and growing need for construction of drainage systems and waste containment are among the major factors driving the growth of the segment. Moreover, the increasing demand for geotextiles in the erosion control sector is further expected to drive the market growth.
Energy & Water Resources: Rising need for efficient water storage water storages due to the global water crisis, is driving the demand for geotextiles in the construction of canals, dams and reservoirs, and irrigation channels. Increasing construction of dams for generating hydroelectricity is further expected to boost the demand for geotextiles in this application during the forecast period.
Building Site Infrastructure
Agriculture
Others
By Region
North America: Market growth is driven by the demand for reducing pollution of water resources by use of geotextiles in erosion and slope stabilization in oil fields.
Europe: A well-established market.
Asia-Pacific: The largest and fastest-growing regional market.
Latin America: A small regional market yet is projected to register healthy growth considering the upcoming airport construction projects, which is likely to fuel the demand for geotextiles in Latin America.
Middle East & Africa: Expanding construction sector in UAE and Saudi Arabia owing to which it is one of the fastest-growing regional market.
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Emulsion Adhesives Market Promising Growth Opportunities and Forecast 2017-2025
Global Emulsion Adhesives Market:Snapshot
The global market for emulsion adhesives has earned revenues through the popularity of these adhesives across key end-user industries. Furthermore, the growth of the global market for emulsion adhesives hinges on the development of several key industries including constructions, automotives, packaging, and plywood. Emulsion adhesives are used in these industries with a deft level of scrutiny, thus, enhancing the prospects of market growth. Emulsifying adhesives are manufactured from the saturated fatty acids, and they can be used in a number of industries due to their useful properties. The trustable manufacturing process and easy testing of the quality of emulsion adhesives is a key consideration for end-user industries.
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The cosmetics industry has been expanding its roots at a starry rate over the past decade. Hence, the use of emulsion adhesives in these industries ensures that there is a regular inflow of demand within the global market for the former. Furthermore, wall paints and coatings are also mixed emulsion adhesives for a number of reasons, and this further enhances the growth of the global market for emulsion adhesives. Despite these favourable factors for market growth, the low awareness of the workers in the constructions industry often results in misuse of emulsion adhesives. Furthermore, the global market for emulsion adhesives has not allotted a sufficient budget for the marketing and promotion of the product.
The market for emulsion adhesives in Asia Pacific is prospering as the constructions industries in India and China undergo key developments. Furthermore, the successful marketing and promotion of emulsion adhesives in the western world has given an impetus to the market for emulsion adhesives in North America and Europe.
Global Emulsion Adhesives Market: Overview
The global emulsion adhesives market is foreseen to bank on rising usage of ecofriendly adhesives in end-use industries to attain strong growth in the coming years. This could be one of the important factors anticipated to help the market to grow at a handsome rate between 2017 and 2025. Demand for emulsion adhesives could stay impressive because of their non-toxic, inflammable, and solvent-free nature. They could be mainly used for wood, cloth, paper, and other porous materials. Their ecofriendly nature could be attributed to the fact that they are free of solvents.
The global emulsion adhesives market is expected to take advantage of various applications in panels, composite members, packaging, working paper, decorated plywood, woodworking, and furniture. Application of emulsion adhesives in the automotive and transportation industry could significantly bode well for the market. This is predicted to take place because of the faster growth of the industry.
Global Emulsion Adhesives Market: Trends and Opportunities
Besides swelling demand for ecofriendly adhesives, the world emulsion adhesives market is foretold to gain momentum due to increasing requirement in emerging regions. Asia Pacific showcasing massive demand for acrylic emulsion adhesives could bring in ample of opportunities in the market. However, the market is forecasted to come face to face with certain challenges such as performance issues related to the usage of emulsion adhesives in high-strength applications. Furthermore, holt-melt and other solvent-less adhesives are envisaged to give a tough competition to emulsion adhesives. Another factor that could hamper the demand for emulsion adhesives is tight regulatory approvals needed for production.
Nevertheless, according to seasoned analysts, players are envisioned to reap lucrative growth benefits while riding on opportunities in high-end applications and innovations in the world emulsion adhesives market.
Global Emulsion Adhesives Market: Market Potential
Introduction of novel products in the world emulsion adhesives market could be one of the go-to strategies adopted by players to have an edge over other competitors. The Dow Chemical Company was said to exhibit complementary portfolios of Dow Packaging & Specialty Plastics and Dow Consumer Solutions at LABELEXPO Southeast Asia between May 10 and 12, 2018. Its platinum catalyzed emulsion systems of the Syl-Off range allows the combination of silicone and other adhesives to coat less refined and thinner papers. With stringent environmental regulations for solvents, emulsion coating is expected to gain attention increasingly.
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Global Emulsion Adhesives Market: Regional Outlook
On the basis of both volume and revenue, the international emulsion adhesives market is prognosticated to testify the rise of Asia Pacific as a region with higher CAGR. One of the vital factors augmenting the demand for emulsion adhesives in the region are mandatory use of low-VOC and ecofriendly products due to the implementation of certain policies. The developing region could also benefit from India and China exhibiting a telling demand for emulsion adhesives.
Increase in automobile production in Asia Pacific owing to the expansion of the automotive industry could prove to be significant for the growth of the regional market for emulsion adhesives. Interior trims, headliners, tail lights, and various other automotive components are manufactured using emulsion adhesives. The international emulsion adhesives market is prophesied to benefit from increasing residential and commercial activities in Colombia, Turkey, Brazil, and India.
Global Emulsion Adhesives Market: Competitive Landscape
The international emulsion adhesives market testifies the presence of key players such as Wacker Chemie, Ashland, Henkel, H.B. Fuller, and Arkema. Players are expected to involve themselves in expansion activities, mergers and acquisitions, and new product launches to extend their share of the market. The report sheds more light on competitive scenarios of the market and how they could shape in the foreseeable future.
Global Emulsion Adhesives Market: Type
Acrylic Polymer Emulsion
Lattices
Vinyl Acetate Ethylene (VAE) Emulsion
Polyurethane Dispersion (PUD)
Polyvinyl Acetate (PVA) Emulsion
Global Emulsion Adhesives Market: Application
Tapes and Labels
Paper and Packaging
Construction
Automotive and Transportation
Woodworking
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Acrylic Emulsions Market Progresses for Huge Profits by the End 2022
A copious number of regional as well as locally prominent players account for the intense competition in the global acrylic emulsions market, notes Transparency Market Research (TMR). However, the market is largely organized one with a handful of global players, leading to low bargaining power resting with buyers and suppliers. This is attributed to the threat of forward integration along with no noticeable gap in raw material demand and supply.
Companies exhibiting a prominent presence in the market include The Dow Chemical Company, The Lubrizol Corporation, DIC Corporation, Celanese Corporation, Ashland Inc., Synthomer Plc., H.B. Fuller, Clariant, BASF SE, and Arkema S.A. A growing number of leading players are focusing on product launches and entering into mergers and acquisitions, in a move to maintain a stronghold in the market, finds TMR. Several top players are keen on expanding their presence to new geographic areas in order to consolidate their shares.
According to TMR, the global acrylic emulsions market was worth US$5,915.9 million in 2017 and is anticipated to touch a valuation of US$8,792.6 million by 2022 end. The market is projected to rise at a healthy CAGR of 8.2% from 2017 to 2022.
The major product types are acrylics and vinyl acetate polymer. Of all the key segments, acrylics leads the pack and accounted for the dominant share in 2017. The product segment is expected to hold its sway throughout the forecast period by registering the leading year-on-year absolute growth. Expanding at a CAGR of 8.3% during the assessment period, the acrylics segment will be worth US$5,533.0 million by the end of 2022. The vastly rising uptake of acrylic in various consumer and industrial end-use products is driving the growth of the segment.
Geographically, Asia Pacific except Japan (APEJ), is projected to present substantial attractive opportunities over the forecast period. The region accounted for the leading share in 2017 and is likely to retain its dominance in the coming years as well. The APEJ market is estimated to gain 81 basis point in its share during 2017–2022.
Extensive Use in Formulating Paints & Coatings for Residential & Commercial Sector Boosts Market
The global acrylic emulsions market is driven primarily by the widespread use in making in adhesives and sealants, construction additives, paper coatings, and paints and coatings. The wide use is attributed to several attractive properties these emulsions exhibit. The ability to enhance the processing ability, boost performance, and improve the appearance of various end products are some of the compelling functions accounting for the ideal use of acrylic emulsions.
The vast strides experienced by the construction sector in several developing economies is aiding in the rapid expansion of the market. A substantial rise in residential and commercial building activities in a number of emerging and developed nations is fueling the uptake of coatings, which in turn will spur the demand for acrylic emulsions. The growing use of acrylic emulsions in graphic arts and premium quality decorative paints used in residential buildings is a notable factor accentuating the global market. The swift pace of industrialization, coupled with the vast rise in disposable incomes, in developing regions will contribute to the burgeoning demand for acrylic emulsions in such applications. The rising popularity of water-based paints is a crucial factor accentuating the market over the forecast period.
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Attractive Functional Profile Leads to Low Threat of Substitutes Benefitting Market
The low threat of substitutes is a prominent factor that will aid in the rapid expansion of the market. Manufactures of acrylic emulsions largely benefit from the lack of suitable alternatives for various end-use applications. The attractive functional profile of acrylic emulsions in making high-performing paints and coatings is a noteworthy factor bolstering its uptake. Pure (100%) acrylic emulsions witness wide applications for a number of industrial and consumer end-use products, notably architectural decorative and industrial coatings.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Acrylic Emulsions Market to Witness Exponential Growth by 2022
A copious number of regional as well as locally prominent players account for the intense competition in the global acrylic emulsions market, notes Transparency Market Research (TMR). However, the market is largely organized one with a handful of global players, leading to low bargaining power resting with buyers and suppliers. This is attributed to the threat of forward integration along with no noticeable gap in raw material demand and supply.
Companies exhibiting a prominent presence in the market include The Dow Chemical Company, The Lubrizol Corporation, DIC Corporation, Celanese Corporation, Ashland Inc., Synthomer Plc., H.B. Fuller, Clariant, BAcrylic Emulsions MarketASF SE, and Arkema S.A. A growing number of leading players are focusing on product launches and entering into mergers and acquisitions, in a move to maintain a stronghold in the market, finds TMR. Several top players are keen on expanding their presence to new geographic areas in order to consolidate their shares.
According to TMR, the global acrylic emulsions market was worth US$5,915.9 million in 2017 and is anticipated to touch a valuation of US$8,792.6 million by 2022 end. The market is projected to rise at a healthy CAGR of 8.2% from 2017 to 2022.
The major product types are acrylics and vinyl acetate polymer. Of all the key segments, acrylics leads the pack and accounted for the dominant share in 2017. The product segment is expected to hold its sway throughout the forecast period by registering the leading year-on-year absolute growth. Expanding at a CAGR of 8.3% during the assessment period, the acrylics segment will be worth US$5,533.0 million by the end of 2022. The vastly rising uptake of acrylic in various consumer and industrial end-use products is driving the growth of the segment.
Geographically, Asia Pacific except Japan (APEJ), is projected to present substantial attractive opportunities over the forecast period. The region accounted for the leading share in 2017 and is likely to retain its dominance in the coming years as well. The APEJ market is estimated to gain 81 basis point in its share during 2017–2022.
Extensive Use in Formulating Paints & Coatings for Residential & Commercial Sector Boosts Market
The global acrylic emulsions market is driven primarily by the widespread use in making in adhesives and sealants, construction additives, paper coatings, and paints and coatings. The wide use is attributed to several attractive properties these emulsions exhibit. The ability to enhance the processing ability, boost performance, and improve the appearance of various end products are some of the compelling functions accounting for the ideal use of acrylic emulsions.
The vast strides experienced by the construction sector in several developing economies is aiding in the rapid expansion of the market. A substantial rise in residential and commercial building activities in a number of emerging and developed nations is fueling the uptake of coatings, which in turn will spur the demand for acrylic emulsions. The growing use of acrylic emulsions in graphic arts and premium quality decorative paints used in residential buildings is a notable factor accentuating the global market. The swift pace of industrialization, coupled with the vast rise in disposable incomes, in developing regions will contribute to the burgeoning demand for acrylic emulsions in such applications. The rising popularity of water-based paints is a crucial factor accentuating the market over the forecast period.
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Attractive Functional Profile Leads to Low Threat of Substitutes Benefitting Market
The low threat of substitutes is a prominent factor that will aid in the rapid expansion of the market. Manufactures of acrylic emulsions largely benefit from the lack of suitable alternatives for various end-use applications. The attractive functional profile of acrylic emulsions in making high-performing paints and coatings is a noteworthy factor bolstering its uptake. Pure (100%) acrylic emulsions witness wide applications for a number of industrial and consumer end-use products, notably architectural decorative and industrial coatings.
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TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Acrylic Emulsions Market Development Trends, Key Manufacturers and Competitive Analysis 2017 - 2022
A copious number of regional as well as locally prominent players account for the intense competition in the global acrylic emulsions market, notes Transparency Market Research (TMR). However, the market is largely organized one with a handful of global players, leading to low bargaining power resting with buyers and suppliers. This is attributed to the threat of forward integration along with no noticeable gap in raw material demand and supply.
Companies exhibiting a prominent presence in the market include The Dow Chemical Company, The Lubrizol Corporation, DIC Corporation, Celanese Corporation, Ashland Inc., Synthomer Plc., H.B. Fuller, Clariant, BASF SE, and Arkema S.A. A growing number of leading players are focusing on product launches and entering into mergers and acquisitions, in a move to maintain a stronghold in the market, finds TMR. Several top players are keen on expanding their presence to new geographic areas in order to consolidate their shares.
According to TMR, the global acrylic emulsions market was worth US$5,915.9 million in 2017 and is anticipated to touch a valuation of US$8,792.6 million by 2022 end. The market is projected to rise at a healthy CAGR of 8.2% from 2017 to 2022.
The major product types are acrylics and vinyl acetate polymer. Of all the key segments, acrylics leads the pack and accounted for the dominant share in 2017. The product segment is expected to hold its sway throughout the forecast period by registering the leading year-on-year absolute growth. Expanding at a CAGR of 8.3% during the assessment period, the acrylics segment will be worth US$5,533.0 million by the end of 2022. The vastly rising uptake of acrylic in various consumer and industrial end-use products is driving the growth of the segment.
Geographically, Asia Pacific except Japan (APEJ), is projected to present substantial attractive opportunities over the forecast period. The region accounted for the leading share in 2017 and is likely to retain its dominance in the coming years as well. The APEJ market is estimated to gain 81 basis point in its share during 2017–2022.
Extensive Use in Formulating Paints & Coatings for Residential & Commercial Sector Boosts Market
The global acrylic emulsions market is driven primarily by the widespread use in making in adhesives and sealants, construction additives, paper coatings, and paints and coatings. The wide use is attributed to several attractive properties these emulsions exhibit. The ability to enhance the processing ability, boost performance, and improve the appearance of various end products are some of the compelling functions accounting for the ideal use of acrylic emulsions.
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The vast strides experienced by the construction sector in several developing economies is aiding in the rapid expansion of the market. A substantial rise in residential and commercial building activities in a number of emerging and developed nations is fueling the uptake of coatings, which in turn will spur the demand for acrylic emulsions. The growing use of acrylic emulsions in graphic arts and premium quality decorative paints used in residential buildings is a notable factor accentuating the global market. The swift pace of industrialization, coupled with the vast rise in disposable incomes, in developing regions will contribute to the burgeoning demand for acrylic emulsions in such applications. The rising popularity of water-based paints is a crucial factor accentuating the market over the forecast period.
Attractive Functional Profile Leads to Low Threat of Substitutes Benefitting Market
The low threat of substitutes is a prominent factor that will aid in the rapid expansion of the market. Manufactures of acrylic emulsions largely benefit from the lack of suitable alternatives for various end-use applications. The attractive functional profile of acrylic emulsions in making high-performing paints and coatings is a noteworthy factor bolstering its uptake. Pure (100%) acrylic emulsions witness wide applications for a number of industrial and consumer end-use products, notably architectural decorative and industrial coatings.
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Redispersible Polymer Powder Market Segment Leading & Anticipated to Dominance Over 2018 to 2023
Redispersible Polymer Powder Market to 2023
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region.
The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
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The growing residential and commercial infrastructure in the region is the key factor driving the global market. China is the most promising country in the market, which is closely followed by Japan and India. The market in China valued US$ 328.1 million in 2016 and is expected to grow at a CAGR of 8.47% during the forecast period. Whereas the Indian redispersible polymer powder market is expected to grow at a CAGR of 7.99 %. The developing construction industry in the region has fuelled the demand for tiling and flooring materials, which, in turn positively affecting the demand for redispersible polymer powder in the region.
Some of the major players functioning in the global redispersible polymer powder market are
Wacker Chemie AG (Germany),
The Dow Chemical Company (U.S.),
Acquos (Australia),
Akzo Nobel N.V. (the Netherlands),
Ashland Global Holdings Inc. (U.S.),
Hexion Inc. (U.S.),
synthomer plc (U.K.),
The Nippon Synthetic Chemical Industry Co., Ltd. (Japan),
Bosson Union Tech (Beijing)
BASF SE (Germany) among others.
There are three types of the product manufactured in the market and they are acrylic, vinyl acetate ethylene, versatic acid, and styrene butadiene redispersible powder segments. The rise in the constructional activities and growing demand for the product are the important factors influencing the market positively. Due to these factors, they are used in various applications such as tiles & flooring, mortars, plastering, insulation systems, and others.
Competitive Analysis
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
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Segmentation Analysis
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
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Polymer Chameleons Market: https://www.marketresearchfuture.com/reports/polymer-chameleons-market
Polyvinyl Butyral Market: https://www.marketresearchfuture.com/reports/polyvinyl-butyral-market-5059
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Bio-Emulsion Polymers Market 2018 | Technology, Applications, Growth and Region Forecast 2023
Synopsis of Bio-Emulsion Polymers Market:
Bio-Emulsion Polymers are manufactured from renewable sources of raw-materials. They are formed by using two methods such as bio-based latex polymer and bio-based sugar macromer methods. The bio-based latex polymer method utilizes starch produced from rice, potato, corn to fabricate polymers whereas bio-based sugar macromer method makes use of sugar as a feedstock for the production of final product. They are known for non-toxic nature, superior performance, extended life, and other features which are influencing the market positively. Due to these factors, bio-emulsion polymers are used in various applications such as paints & coatings, adhesives, textiles, paper, and others.
Among the various segments in the market, paints & coatings sector holds a major portion due to growing consumption of natural based emulsion polymers as they offer excellent life & recyclability, superior performance, and ease of application. They are mainly used to impart thermal and water resistance along with bio-compatibility to the final product. It is projected that the adhesives sub-segment is set to grow at a significant rate owing to increasing demand of the product in toys, furniture, and others. Additionally, the emission of volatile organic compounds and volatile crude oil prices has forced the manufacturers and investors to shift their focus from conventional emulsion polymers to natural materials. These polymers are used as binders in paper and coating industries as they offer enhanced mechanical properties to the final product. Moreover, the growing consumer awareness and increasing demand from the end-use industries is set to drive the market over the assessment period.
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Regional Analysis
The Bio-Emulsion Polymers Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America holds a major share of the market due to the growing demand for bio-based products in paper, packaging, textiles, and others. The increasing research & development activities of emulsion polymers and the growing production of ethyl vinyl acetate, acrylonitrile butadiene styrene bio-based materials has propelled the region to witness a higher growth over the assessment period. Countries such as the U.S., Canada, and Mexico are the major players in this market.
The Asia Pacific region is growing significantly in the market due to rapid urbanization coupled with growing popularity of the product in end-use industries. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing consumption of bio-based materials in textiles, paper board, and packaging sectors has propelled countries such as China, Japan, and India to achieve a stunning growth in the market as they provide excellent flexibility, stability and low maintenance to the product.
The European market has also observed a remarkable growth due to the implementation of new rules and regulations proposed by regulatory bodies such as the EPA( Environmental Agency) and the REACH(Regulation for Registration, Evaluation, Authorization and Restriction of Chemicals) to follow ecofriendly products than petroleum derived materials in end-uses. The market has been driven by the application of this rule in paints & coatings, textiles, and adhesives segments. It is estimated that the growing innovation and technological advancement are predicted to propel the growth in countries such as the U.K, Italy, Germany, and France during the forecast period.
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Composite Adhesives Market Trends 2021: Global Trends, Key Players, Industry Analysis Report to 2027
Growing popularity of composites over wood & metals in various end-use industries owing to its low weight, low cost, design flexibility, corrosion & chemical resistance, and high performance at elevated temperatures is projected to drive the global composite adhesives market over the forecast period.
Market Segmentation
The global composite adhesives market is segmented by component, form, product type, end-use industry, and region.
On the basis of the component, the global composite adhesives market is segmented into one component and two component. Two-component adhesive accounted to have the largest market share of the global composite adhesive market in 2017 and is expected to witness rising demand over the forecast period. Two-component adhesives cure when they are combined, and generally no external factor such as moisture, heat, or light is required and therefore is widely preferred in the various end-use industry such as construction, aerospace, automotive, healthcare, and electrical & electronics among other. However, one component adhesives market is slowly gaining momentum in various end-use industries owing to its simplified processing since it does not require mixing.
On the basis of the form, the global Composite Adhesives Market is segmented into liquid, paste, film, and others. A paste form of composite adhesive accounted to have the major market share over other two forms in 2017 owing to its wide preference in different end-use industries on accounts of its low cost and easy handling. However, advanced film forms of composite adhesives are expected to show rising demand over the forecast period.
On the basis of the product type, the global composite adhesives market is segmented into the epoxy, acrylic, polyurethane, methyl methacrylate, polyimide, phenolic, cyanoacrylate, silicone, and others. Epoxy adhesives accounted to have the largest market share in 2017 owing to its superior bonding & compatibility with different types of substrate, imparts high impact & compression strength to the final composite, superior chemical & heat resistance, excellent weather resistance, and superior electrical insulation properties and is expected to continue growth over the forecast period.
On the basis of the end-user industry, the global composite adhesives market is segmented into automotive & transportation, aerospace, healthcare, military & defense, electrical & electronics, wind energy, construction, marine, and others. Automotive, Aerospace, and construction industry collectively accounted the major market share owing to the wide consumption of composites materials for various applications.
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Regional Analysis
The global composite adhesives market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to the fastest growing market of composite adhesives over the forecast period. North America and European market is relatively mature and is expected to show steady growth over the forecast period. The Middle East & Africa and Latin America are expected to rising demand during the forecast period.
Competitive Analysis
Some of the key players in the global composite adhesives market are Huntsman International LLC. (U.S.), Ashland. (U.S.), 3M (U.S.), Sika AG (Switzerland), ITW Engineered Polymers GmbH (Germany), Master Bond Inc (U.S.), Henkel AG & Co. KGaA (Germany), LORD Corporation (U.S.), Arkema SA (France), Permabond.com (U.S.), and H.B. Fuller Company. (U.S.)
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https://www.marketresearchfuture.com/reports/naphthalene-sulfonate-market-4151
https://www.marketresearchfuture.com/reports/thermoplastic-honeycomb-market-4184
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Redispersible Polymer Powder Market Report | Segments, Size, Share, Trends, Demand, Key Player profile and Regional Outlook by 2027
Competitive Analysis
Some of the major players functioning in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Acquos (Australia), Akzo Nobel N.V. (the Netherlands), Ashland Global Holdings Inc. (U.S.), Hexion Inc. (U.S.), synthomer plc (U.K.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Bosson Union Tech (Beijing) Co.,Ltd (Belgium) and BASF SE (Germany) among others.
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
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The global redispersible polymer powder market has been driven by the range of its application in various sectors such as acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder, and others. Moreover, it is estimated that the acrylic sub-segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.
Market Segmentation:
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
On the basis of the application, the market is segmented into tiling & flooring, mortars, plastering, insulation systems, and others. The tiling & flooring sector is the leading segment of the market and is anticipated to observe a rapid growth due to its boundless use in various applications such as glossy finish tiles, infrastructure developments, and maintenance work.
On the basis of the end-use, the market is segmented into residential construction, commercial construction, and industrial construction segments. The residential sector is the leading segment of the market and is anticipated to observe a rapid growth due to boundless use of redispersible polymer powder in various applications. The emulsion based product is used in these applications to improve the structural properties of the product.
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Segmental Analysis:
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw materials and economic slowdown in the region. Additionally, the growing demand for the product in major industries is projected to boost the market in the Latin American region.
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Redispersible Polymer Powder Market Growth: Share, Size, Trends, Demand, Key Player profile and Regional Outlook by 2023
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
The global redispersible polymer powder market has been driven by the range of its application in various sectors such as acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder, and others. Moreover, it is estimated that the acrylic sub-segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.
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Market Segmentation:
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
On the basis of the application, the market is segmented into tiling & flooring, mortars, plastering, insulation systems, and others. The tiling & flooring sector is the leading segment of the market and is anticipated to observe a rapid growth due to its boundless use in various applications such as glossy finish tiles, infrastructure developments, and maintenance work.
On the basis of the end-use, the market is segmented into residential construction, commercial construction, and industrial construction segments. The residential sector is the leading segment of the market and is anticipated to observe a rapid growth due to boundless use of redispersible polymer powder in various applications. The emulsion based product is used in these applications to improve the structural properties of the product.
Segmental Analysis:
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw materials and economic slowdown in the region. Additionally, the growing demand for the product in major industries is projected to boost the market in the Latin American region.
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Competitive Analysis
Some of the major players functioning in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Acquos (Australia), Akzo Nobel N.V. (the Netherlands), Ashland Global Holdings Inc. (U.S.), Hexion Inc. (U.S.), synthomer plc (U.K.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Bosson Union Tech (Beijing) Co.,Ltd (Belgium) and BASF SE (Germany) among others.
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Redispersible Polymer Powder Market Growth : Industry Analysis, Segments and Demand by 2023
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
The global redispersible polymer powder market has been driven by the range of its application in various sectors such as acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder, and others. Moreover, it is estimated that the acrylic sub-segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.
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Market Segmentation:
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
On the basis of the application, the market is segmented into tiling & flooring, mortars, plastering, insulation systems, and others. The tiling & flooring sector is the leading segment of the market and is anticipated to observe a rapid growth due to its boundless use in various applications such as glossy finish tiles, infrastructure developments, and maintenance work.
On the basis of the end-use, the market is segmented into residential construction, commercial construction, and industrial construction segments. The residential sector is the leading segment of the market and is anticipated to observe a rapid growth due to boundless use of redispersible polymer powder in various applications. The emulsion based product is used in these applications to improve the structural properties of the product.
Segmental Analysis:
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw materials and economic slowdown in the region. Additionally, the growing demand for the product in major industries is projected to boost the market in the Latin American region.
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Competitive Analysis
Some of the major players functioning in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Acquos (Australia), Akzo Nobel N.V. (the Netherlands), Ashland Global Holdings Inc. (U.S.), Hexion Inc. (U.S.), synthomer plc (U.K.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Bosson Union Tech (Beijing) Co.,Ltd (Belgium) and BASF SE (Germany) among others.
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Redispersible Polymer Powder Market Growth: Size, Share, Trends, Demand, Key Player profile and Regional Outlook by 2023
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
The global redispersible polymer powder market has been driven by the range of its application in various sectors such as acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder, and others. Moreover, it is estimated that the acrylic sub-segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.
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Market Segmentation:
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
On the basis of the application, the market is segmented into tiling & flooring, mortars, plastering, insulation systems, and others. The tiling & flooring sector is the leading segment of the market and is anticipated to observe a rapid growth due to its boundless use in various applications such as glossy finish tiles, infrastructure developments, and maintenance work.
On the basis of the end-use, the market is segmented into residential construction, commercial construction, and industrial construction segments. The residential sector is the leading segment of the market and is anticipated to observe a rapid growth due to boundless use of redispersible polymer powder in various applications. The emulsion based product is used in these applications to improve the structural properties of the product.
Segmental Analysis:
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw materials and economic slowdown in the region. Additionally, the growing demand for the product in major industries is projected to boost the market in the Latin American region.
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Competitive Analysis
Some of the major players functioning in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Acquos (Australia), Akzo Nobel N.V. (the Netherlands), Ashland Global Holdings Inc. (U.S.), Hexion Inc. (U.S.), synthomer plc (U.K.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Bosson Union Tech (Beijing) Co.,Ltd (Belgium) and BASF SE (Germany) among others.
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Redispersible Polymer Powder Market Growth: Trends, Demand, Key Player profile and Regional Outlook by 2023
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
The global redispersible polymer powder market has been driven by the range of its application in various sectors such as acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder, and others. Moreover, it is estimated that the acrylic sub-segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.
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Market Segmentation:
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
On the basis of the application, the market is segmented into tiling & flooring, mortars, plastering, insulation systems, and others. The tiling & flooring sector is the leading segment of the market and is anticipated to observe a rapid growth due to its boundless use in various applications such as glossy finish tiles, infrastructure developments, and maintenance work.
On the basis of the end-use, the market is segmented into residential construction, commercial construction, and industrial construction segments. The residential sector is the leading segment of the market and is anticipated to observe a rapid growth due to boundless use of redispersible polymer powder in various applications. The emulsion based product is used in these applications to improve the structural properties of the product.
Segmental Analysis:
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw materials and economic slowdown in the region. Additionally, the growing demand for the product in major industries is projected to boost the market in the Latin American region.
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Competitive Analysis
Some of the major players functioning in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Acquos (Australia), Akzo Nobel N.V. (the Netherlands), Ashland Global Holdings Inc. (U.S.), Hexion Inc. (U.S.), synthomer plc (U.K.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Bosson Union Tech (Beijing) Co.,Ltd (Belgium) and BASF SE (Germany) among others.
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Redispersible Polymer Powder Market Growth: Scenario, Size, Share, Trends, Demand, Key Player profile and Regional Outlook by 2023
The emulsion based product manufactured by spray drying and surface treatment to develop thermosetting resin material is called redispersible polymer powder. This additive is utilized in various end-uses to impart aesthetic appearance, glossy finish, and others to the final product. Moreover, they also provide versatility and reliability to the product.
The global redispersible polymer powder market has been driven by the range of its application in various sectors such as acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder, and others. Moreover, it is estimated that the acrylic sub-segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.
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Market Segmentation:
The global redispersible polymer powder market is segregated into the type, application, and end-use. On the basis of the type, the market is further categorized into acrylic, vinyl acetate ethylene, versatic acid redispersible polymer powder, and styrene butadiene polymer powder segments. The acrylic polymer powder segment is most widely used due to its growing consumption in heavy end-use industries such as construction, cement, textiles, and others. Moreover, durability and reliable nature are the major factors behind the popularity of this segment. The increasing use of these materials in mortars, plastering, insulation systems, and others is estimated to drive the market during the assessment period.
On the basis of the application, the market is segmented into tiling & flooring, mortars, plastering, insulation systems, and others. The tiling & flooring sector is the leading segment of the market and is anticipated to observe a rapid growth due to its boundless use in various applications such as glossy finish tiles, infrastructure developments, and maintenance work.
On the basis of the end-use, the market is segmented into residential construction, commercial construction, and industrial construction segments. The residential sector is the leading segment of the market and is anticipated to observe a rapid growth due to boundless use of redispersible polymer powder in various applications. The emulsion based product is used in these applications to improve the structural properties of the product.
Segmental Analysis:
The global redispersible polymer powder market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to the rising demand for acrylic redispersible polymer powder in various applications. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for redispersible polymer powder in textiles, cement, and other sectors. The extensive use of redispersible polymer powder in adhesives, exterior, and interior renders has driven the manufacturers to use these materials in the end-use industries due to growing consumer preference and advantages offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to observe a slow growth due to changing prices of raw materials and economic slowdown in the region. Additionally, the growing demand for the product in major industries is projected to boost the market in the Latin American region.
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Competitive Analysis
Some of the major players functioning in the global redispersible polymer powder market are Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Acquos (Australia), Akzo Nobel N.V. (the Netherlands), Ashland Global Holdings Inc. (U.S.), Hexion Inc. (U.S.), synthomer plc (U.K.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Bosson Union Tech (Beijing) Co.,Ltd (Belgium) and BASF SE (Germany) among others.
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