Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The polymer dispersion market is influenced by several key factors that shape its dynamics and growth prospects. One significant driver of this market is the increasing demand for eco-friendly and sustainable coatings and adhesives across various industries. As awareness of environmental issues grows, there is a rising preference for water-based polymer dispersions over solvent-based alternatives due to their lower VOC (volatile organic compound) emissions and reduced environmental impact. This shift towards environmentally friendly solutions is driving the adoption of polymer dispersions in applications such as paints, coatings, adhesives, and sealants.
Technological advancements in polymer dispersion formulations and manufacturing processes also play a crucial role in driving market growth. Manufacturers are continually innovating to develop polymer dispersions with improved properties such as enhanced durability, adhesion, and weather resistance. Additionally, advancements in dispersion technology enable the production of customized polymer dispersions tailored to meet specific performance requirements of end-users, thereby expanding the market potential across various industries.
Moreover, regulatory standards and government initiatives aimed at reducing emissions and promoting sustainable practices are driving the adoption of polymer dispersions. Regulatory bodies worldwide are imposing stricter regulations on the use of solvent-based coatings and adhesives, thereby encouraging the transition towards water-based alternatives. Compliance with these regulations is incentivizing industries to invest in eco-friendly solutions like polymer dispersions, driving market growth and expansion.
The growing construction and automotive industries are also significant drivers of the polymer dispersion market. Polymer dispersions find extensive applications in construction materials such as paints, coatings, sealants, and adhesives due to their excellent adhesion, durability, and weather resistance properties. Similarly, in the automotive industry, polymer dispersions are used in coatings and adhesives for vehicle exteriors and interiors, contributing to the market's growth. As urbanization and infrastructure development continue to drive demand for construction materials and automotive products, the demand for polymer dispersions is expected to witness steady growth.
Furthermore, the competitive landscape of the polymer dispersion market influences its dynamics and growth trajectory. With numerous players operating in the market, competition is intense in terms of product innovation, quality, and pricing. Manufacturers are investing in research and development to introduce novel polymer dispersion formulations that offer superior performance and address evolving customer needs. Strategic collaborations, partnerships, and acquisitions are also common strategies adopted by companies to expand their market presence and gain a competitive edge.
Economic factors such as GDP growth, industrial output, and consumer spending patterns also impact the polymer dispersion market. Economic growth stimulates construction activities, infrastructure development, and automotive production, thereby driving the demand for polymer dispersions in related applications. Moreover, rising disposable incomes and changing lifestyles drive the demand for durable and aesthetically pleasing coatings and adhesives, further fueling market growth.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | Â Â 2030: 4.69% |
Polymer Dispersion Market Highlights:
Polymer Dispersion Market Overview:
Polymer dispersions are water-borne emulsion polymers with colloidal particles in a stabilized state, the most widely known being latex. Polymer dispersions are primarily employed to provide protection from water, water vapor, grease, and other substances. Polymer dispersions are used in various application such as inks, adhesives, paints, coatings, papers, and sealants. The type of polymer dispersion to be used is selected based on the particle size and presence of solid content.
The growth of the global dispersion market is driven by the increasing demand in paints and coatings. Polymer dispersions are widely used in manufacturing decorative and protective paints and coatings; increasing construction activities in developing and developed economies across the globe are, therefore, expected to boost the demand for polymer dispersions in paints and coatings. The acrylic dispersion segment of the global polymer dispersion market, by type, is expected to be the fastest-growing during the forecast period. This is due to the widespread use of acrylic dispersions in the production of water-based coatings as they are more environmentally friendly than solvent-based dispersions. Strict environmental regulations on the use of solvent-based dispersions due to VOC emissions are further expected to drive the demand for polymer dispersions in the coming years.
Key Players
Some of the key players in the global polymer dispersion are BASF SE (Germany), Arkema (France), DIC Corporation (Japan), Akzo Nobel NV (Netherlands), Asahi Kasei Corporation (Japan, Clariant AG (Switzerland), Momentive Performance Materials Holdings LLC (US), Nuplex Industries Ltd (Australia), Omnova Solutions (US), Wacker Chemie AG (US), Trinseo SA (US), the Dow Chemicals Company (US), Asian Paints Ltd (India), Celanese Corporation (US), Cytec Industries Inc. (US), Financiera Maderera SA (Spain), Eastman Chemical Company (US), and Lubrizol Corporation (US).
Polymer Dispersion Market Share, by Application, 2017 (%)
Source: MRFR Analysis
Regional Analysis
Asia-Pacific is expected to be the fastest-growing polymer dispersion market, with India and China as the leading country-level markets. The use of polymer dispersions in decorative and protective coatings is projected to drive market growth in Asia Pacific owing to the rising consumer awareness of the toxicity of VOC , coupled with the increasing adoption of green coatings application in the construction and automotive industries.
North America was the largest market for polymer dispersion in 2017 owing to growing awareness of the adverse effects of VOC on the environment and human health resulting in the use of polymer dispersions over solvent-based dispersions. The established automotive and construction industries in the region are expected to drive the demand for polymer dispersions during the forecast period, with increasing environmental scrutiny on the use of solvent-based dispersions.
The European market is expected to show moderate growth during the review period due to recent changes in the regulations concerning the emission of organic solvents, which have led to a growing interest in the use of polymer dispersions in high-performance water-based solvents.
The Latin American market is expected to grow at a significant rate during the review period with the expanding automotive industry in Brazil and Mexico. The market in the Middle East & Africa is likely to grow at a considerable rate in the coming years with increasing investments in the construction industry.
Segmentation
The global polymer dispersion market has been segmented by resin type, application, end-use industry, and region.
On the basis of resin type, the polymer dispersion market has been divided into polyurethane, acrylic, styrene butadiene, and vinyl.
Based on application, the polymer dispersion market has been categorized as carpets and fabric, adhesives and sealants, decorative and protective coatings, and printing ink.
By end-use industry, the market has been segregated into automotive, consumer goods, packaging, paints, and construction.
The polymer dispersion market has been studied with respect to five regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.Industry News:Mar 2021 - BASF has doubled the capacity of its acrylic dispersions production plant in Pasir Gudang, Malaysia. The production facility at Pasir Gudang is part of the Johor Port Free Trade Zone, which is a multi-purpose integrated free trade zone. The factory will manufacture acrylic dispersions for the Asia-Pacific coatings, construction, adhesives, and packaging industries. According to the business, the new line is fitted with condensate stripping recovery technology, which minimizes freshwater usage and wastewater generation. Pasir Gudang is crucial for exports to the region because it is located within the integrated multi-purpose Johor Port Free Trade Zone.November 2019 - BASF India Limited announced that they are planning to double their capacity of polymer dispersion. This would take place in Dahej, Gujarat. The company is preparing to grow its business opportunities in India and in other countries of South-East Asia.
Intended Audience
- Polymer dispersion manufacturers
- Traders and distributors of polymer dispersions
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
