The Africa Emulsion Polymer market is estimated at USD 29.8 billion in 2022 and is expected to grow at a CAGR rate of 7.6% to reach USD 42.9 billion in 2028.
The Emulsion Polymer market is expected to become more commonly used with paints, coatings, and adhesives. The increasing need for high-quality painting and coating, which will, in turn, increase industrial volumes, was also driven by the upcoming construction projects, especially in the emerging economies of Africa.
However, the increased use of adhesives in the automotive coating industry is expected to contribute significantly to market growth in the near future. Growing environmental concerns were required to enforce strict rules for increasing biobased material use and reducing adverse impacts on the environment through regulatory bodies including the EPA (Environments Protection Agency) and Chemicals Registers (REACH) Assessment, Authorization, and Restriction. These authorities have structured standards for regulating toxic chemical emissions such as methyl chloride, styrene, acrylonitrile, and toluene under the Clean Air Act. These campaigns encourage the use of water-based emulsion polymers with synthetic materials.
On The Basis Of Type
On The Basis Of Application
In 2018, the region of Africa dominated the world market. In the end-user industries, such as automotive, construction, electronics, and packaging, the market for materials such as paints, coatings, and adhesives has risen. African region is planning numerous building projects and investments, and the market for architectural paint, coating, and adhesive materials is expected to grow.
In view of region, the Africa Emulsion Polymer Market has been fragmented into countries like
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