Africa Emulsion Polymer Market Introduction:
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, 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 structure standards for regulating toxic chemicals 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.
Emulsion Polymer Market value and expected growth –
The Emulsion Polymer market is estimated at USD 29.8 billion in 2019 and is expected to grow at a CAGR rate of 7.6% to reach USD 42.9 billion in 2024.
Crude oil price decreases have affected overall income in recent years and have been the primary constraint on production. Volatile Organic Compounds (VOC) is a physical production process that emits. Soon, such a factor is expected to threaten African market growth.
Water and organic polymer emulsions are expected to offer tremendous development opportunities. In the forecast period, growing market perception of green growth is expected to fuel global demand. Awareness of the environmental impact of solvent-based products and favorable regulatory patterns among end-use industries will increase over the forecast period. The market is likely to push ahead.
The move to environmentally sound paints and coatings, combined with the favorable regulatory scenario, would likely help to develop low VOC content and VOC-free surfaces. It resulted in emulsion polymerization being launched on the global market. The process of emulsion polymerization creates high molecular weight, low viscosity polymers. Polymers can, however, also be tailor-made to display the desired morphology and composition according to their application.
Market research involves studying market trends, growth patterns, and understanding the influence of variables like macro and microeconomic conditions, geopolitical and demographic conditions on the market value and market dynamics.
The research methodology used to calculate and forecast the Emulsion Polymer market began by collecting information on the market key player's sales using multiple sources via secondary research. In order to identify market segmentation, supplier offers have been considered.
Drivers and market limitations:
The Emulsion Polymer market size is exponentially expanding owing to the following:
Restraints of Emulsion Polymer market can be –
Opportunities of Emulsion Polymer market can be
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 material 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.
Key players in the market:
DIC Corporation (Japan), DowDuPont (US), BASF SE (Deutschland), Arkema Group (France), Celanese Corporation (US) and TRINSE (US), Wacker Chemie AG (Germany), Synthomer Plc (KU), as well as Omnova Solutions Inc. (US), are among the leading players on the emulsion plant markets.
Key highlights of the research report:
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.3 SB Latex
5.1.4 Vinyl Acetate Polymers
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 By Application
5.2.2 Paints & Coatings
5.2.3 Adhesives & Sealants
5.2.4 Paper & Paperboard
5.2.5 Y-o-Y Growth Analysis, By Application
5.2.6 Market Attractiveness Analysis, By Application
5.2.7 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Type
18.104.22.168 By Application
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Type
188.8.131.52 By Application
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Type
18.104.22.168 By Application
6.2 Middle East & Africa
7. Strategic Analysis 7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.1 Asian Paints Ltd.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8. Market Leaders' Analysis 8.2 Apcotex Industries Ltd.
8.3 Berger Paints India Ltd.
8.4 Kansai Nerolac Paints
8.6 AkzoNobel N.V.
8.7 British Paints
8.9 Dynamic Speciality Chemicals Ltd.
8.10 Jenson & Nicholson India Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures