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Polymer Dispersion Market Trends

ID: MRFR//4914-HCR | 100 Pages | Author: Priya Nagrale| November 2024

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 (%)


Polymer Dispersion Market Share


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

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