In March 2018, BASF SE extended its Joncryl water-based emulsions manufacturing facility at its Ludwigshafen site. This will reinforce the company's place as a significant supplier of water-based resins and emulsions used in overprinting varnishes, printing inks and functional coatings for flexible packaging and paper & board apps.
Asia Pacific Polymer Emulsion Market Size and Growth Rate:
The Asia Pacific (APAC) area is the world's biggest consumer of polymer emulsion. Increased infrastructure development, expansion in the manufacturing and automotive industries, robust economic growth and a growing middle-class population is driving demand for polymer emulsion in various applications.
The Polymer Emulsion market in the Asia pacific was around USD 12.46 billion in the year 2020 and is expected to reach USD 18.6 billion by the end of 2025 with a CAGR of 8.34%.
Asia Pacific Polymer Emulsion Market Overview:
Polymer emulsion is obtained by radical polymerization, which generally starts with an emulsion incorporating water, monomer, and surfactant. Owing to their relatively higher weight, the polymer emulsions instantly undergo polymerization. Polymer emulsions are employed in the production of many commercially significant polymers. They have very low levels of VOC contents. As a consequence, polymer emulsions have emerged as a preferred material of choice for paint & coating businesses.
Asia Pacific Polymer Emulsion Market Growth Drivers:
Growing demand for polymer emulsion is anticipated to be driven by increasing demand for paints & coatings, paper & paperboard and adhesives & sealants in line with the growing population, changing lifestyle and rising disposable revenue.
Increased demand for low VOC goods and eco-friendly goods and the need to comply with strict public laws in both advanced and developing nations provide market development possibilities.
Asia Pacific Polymer Emulsion Market Regional Existence:
China dominates the Asia-Pacific industry with a share of more than 45 per cent, with strong demand from the paint & coating segment. The increase in the construction industry, which is the result of rising urbanization and industrialization, coupled with public projects such as the' State Council Green Building Action Plan' to support green buildings, is anticipated to drive the market in China during the forecast period.
By Country – India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC.
Prominent Companies in the Asia Pacific Polymer Emulsion Market analyzed in the report are:
This research report includes following segmentation for the Asia Pacific Polymer Emulsion Market size and forecast until 2025:
Asia Pacific Polymer Emulsion Market – By Type:
Asia Pacific Polymer Emulsion Market – By Application:
Asia Pacific Polymer Emulsion Market – By Region:
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
22.214.171.124 By Geographical Area
126.96.36.199 By Type
188.8.131.52 By Application
6.1.4 Market Attractiveness Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Type
18.104.22.168 By Application
6.1.5 Market Share Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Type
188.8.131.52 By Application
6.5 South Korea
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. Market Leaders' Analysis
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
8.2 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