The Europe Polymer Dispersions Market size was around USD 1.34 billion in 2022. It is expected to grow at a CAGR of 7.6% to reach USD 1.94 billion by 2028.
Polymer dispersions are water-borne emulsion polymers that are utilized in numerous applications such as paints, papers, inks, coatings, adhesives, sealants, and protecting coating. Particle size and the presence of solid content are the two main factors that determine the type of polymer dispersion. Film-forming polymer dispersions are mainly utilized to provide security from grease, oil, and different substances.
The growth of the Polymer Dispersions market is driven by the expansion of the leather industry as polymer dispersions are extensively involved in their manufacture. With regards to the future, interior decorating products is an industry that could provide major growth prospects. Enactment of strict environmental regulations on the cutback of high volatile organic compound (VOC) emission is also expected to further drive the growth of the polymer dispersion market in the near future.
Under this segment, Acrylic dispersions account for the majority of the market revenue due to factors such as relatively low cost and extensive range of applications.
The decorative coatings section is anticipated to grow at the quickest rate throughout the forecast period because of the rising demand for high-quality and aesthetical interior furnishings. Based on End-user, the market is divided into automotive, consumer goods, packaging, paints, and construction.
Developed nations are endeavoring to decrease the emission of volatile organic compounds (VOCs). Moreover, water-based polymer dispersions are utilized in food packaging and flexible packaging applications as they are eco-friendly.
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