Latin America Polymer Dispersions Market (2023-2028)
The Latin America Polymer Dispersions Market size was around USD 0.9 billion in 2022. It is expected to grow at a CAGR of 7.3% to reach USD 1.28 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.
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