Emulsion Polymers Market will be worth of US$54.95 bn in 2023, expanding at a CAGR of 6.1% between 2015-2023

Transparency Market
Research
Emulsion Polymers Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
11-Sept-2015
197 Page Report
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Press Release
Commercialization of Bio-based Emulsion Polymers to Pave
Way for New Entrants in Global Market, Observes TMR
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Emulsion Polymers Market
REPORT DESCRIPTION
Emulsion Polymers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
The leading players in the global emulsion polymers market – BASF SE, The Dow Chemical Company,
Celanese Corporation, Arkema S.A., and Trinseo S.A. – collectively held a share of 29.9% in 2014. Expanding
their product portfolio and catering to a wide range of end uses for emulsion polymers will be the top priority of
these key players in the near future, says the new research report published by Transparency Market
Research. According to the research report, the opportunity in the global emulsion polymers market will be
worth US$54.9 bn in 2023, rising from US$32.2 bn in 2014 at a CAGR of 6.1% from 2015 to 2023.
“To break through the high level of dominance of the aforementioned players, new entrants will have to develop
new ways of manufacturing polymers. The commercialization of bio-based sources is likely to open up new
channels to reach a sizeable consumer base,” recommends the lead author of this research report. Forming
meaningful alliances with local manufacturers in developing countries is also expected to leverage the
presence of larger companies in other regions.
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Demand for Paints and Coatings in Developing Regions Renews Demand for Emulsion Polymers
The increasing demand for paints and coatings in the developing regions of Latin America and Asia Pacific
have been the critical driving force for the global emulsion polymers market. The rising per capita income in
these regions and the subsequent upgrade in the standard of living has led to a growth in the construction
activity, which in turn, has resulted in the burgeoning demand for emulsion polymers. Growing awareness
amongst builders and consumers about the quality of color, self-repairing ability of paint, and heat sensitivity
have pushed manufacturers to undertake new process technologies and deliver innovation, thereby prompting
them to increase the usage of emulsion polymers.
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Emulsion polymers are also used for manufacturing removable as well as permanent adhesives, which are
extensively used in packaging, household furnishings, and footwear. The growing demand for these items has
resulted in a considerable demand for emulsion polymers in the adhesives industry. The increasing usage of
adhesives in automobile manufacturing and in the aerospace industry has also resulted in an increased
demand for emulsion polymers, which is the key ingredient of adhesives.
Emulsion Polymers Market Suffers as Raw Material Supply Dwindles
The surging prices of raw materials used in the production of emulsion polymers such as naphtha and ethane
are hampering the overall market. The dependency of these raw materials on crude oil reserves is also
restraining the market due to fluctuating prices of petrochemical products. Furthermore, demand for raw
materials in various other end-user industries is expected have a negative impact on the supply of raw
materials required for manufacturing emulsion polymers.
Acrylics Remain Prominent Segment due to their Unique Properties
The acrylics segment has been steering the growth of the global market and is expected to expand at a CAGR
of 6.1% during the forecast period to present an opportunity worth US$19.8 bn by 2023. The unique abilities of
acrylics such as excellent water resistance, strength, and good adhesion will continue to drive this segment at
a pace faster than the others in the global market.
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Over the past few years, Asia Pacific has had a stronghold over the global emulsion polymers market as the
construction industry across developing countries such as China and India is gaining momentum. Thus, the
burgeoning demand for paints and coatings, along with a surge in the demand for adhesives, will result in an
increased demand for acrylics.
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This review is based on Transparency Market Research’s report, titled “Emulsion Polymers Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”
Key Takeaways:
•
Global emulsion polymers market to reach a valuation of US$54,948.9 mn by 2023 as construction
activity picks up in developing countries
•
Acrylics segment to expand at a CAGR of 6.1% between 2021 and 2023
•
Asia Pacific emulsion polymers market surges at 5.9% CAGR with growing demand from India and
China
This report segments the global emulsion polymers market as follows:
Emulsion Polymers Market - Product Analysis
•
Acrylics
•
Styrene-butadiene latex
•
Vinyl acetate polymers
•
Polyurethane
•
Others (Silicone, Hybrid Epoxy, etc.)
Emulsion Polymers Market - End-user Analysis
•
Paints & Coatings
•
Paper & Paperboard
•
Adhesives
•
Textiles & Non-woven
•
Others (Leather, etc.)
Emulsion Polymers Market - Regional Analysis
North America
•
U.S.
•
Rest of North America
Europe
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Emulsion Polymers Market
•
Germany
•
France
•
U.K.
•
Italy
•
Spain
•
Rest of Europe
Asia Pacific
•
China
•
India
•
ASEAN
•
Rest of Asia Pacific
Latin America
•
Brazil
•
Rest of Latin America
Middle East & Africa (MEA)
•
GCC
•
South Africa
•
Rest of Middle East & Africa
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
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1.2.1 Global Emulsion Polymers Market Segmentation, by Product, End-user, and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
1.4.1 Abbreviations
1.4.2 Currency Rates
Chapter 2 Executive Summary
2.1 Global Emulsion Polymers Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 3 Emulsion Polymers Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 High Demand from Paints & Coatings Industry to Increase the Emulsion Polymers Market Growth
3.3.1.1 Consumption of Paints & Coatings, Major Countries, 2014 (Kg/head)
3.3.2 Increased Consumption of Adhesives to Propel the Demand for Emulsion Polymers
3.3.2.1 Global Adhesives Market, 2014 – 2023, (Kilo Tons) (US$ Mn)
3.4 Market Restraints
3.4.1 Volatile Raw Material Prices to Hamper Emulsion Polymers Market Demand
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3.4.1.1 Global Historical Prices of Raw Materials, 2009 – 2014, (US$/Ton)
3.4.2 Stringent Environmental Regulations to Hinder Growth of Butadiene Market
3.5 Market Opportunities
3.5.1 Production of Bio-based Emulsion Polymers Coupled with Technological Advancements Expected to
Intensify Emulsion Polymers Market by 2023
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Emulsion Polymers: Market Attractiveness Analysis
3.7.1 Global Emulsion Polymers: Market Attractiveness Analysis
3.8 Emulsion Polymers: Company Market Share Analysis
3.8.1 Global Emulsion Polymers: Company Market Share Analysis, 2014
Chapter 4 Emulsion Polymers Market – Raw Material Analysis
4.1 Emulsion Polymers: Manufacturing/Raw Material Extraction Process
4.1.1 Typical Schematic Representation of Emulsion Polymerization Process
4.2 Raw Material Price Trends, 2014 – 2023, (US$/Ton)
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4.2.1 Raw Material Price Trends - 2014 – 2023, US$/Ton
4.3 Emulsion Polymers Price Trends, 2014 – 2023, US$/Ton
4.3.1 Emulsion Polymers Price Trends, US$/Ton, 2014 - 2023
Chapter 5 Emulsion Polymers Market – Product Segment Analysis
5.1 Emulsion Polymers Market: Product Segment Overview
5.1.1 Global Emulsion Polymers Market Volume Share, by Product Segment, 2014 and 2023
5.2 Acrylics
5.2.1 Global Acrylics Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.3 Styrene-butadiene Latex
5.3.1 Global Styrene-butadiene Latex Market, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.4 Vinyl Acetate Polymers
5.4.1 Global Vinyl Acetate Polymers Market, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.5 Polyurethane
5.5.1 Global Polyurethane Market, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.6 Others (Silicone, Hybrid Epoxies, etc.)
5.6.1 Global Other Emulsion Polymers Market, 2014 - 2023 (Kilo Tons) (US$ Mn)
Chapter 6 Emulsion Polymers Market – End-user Analysis
6.1 Emulsion Polymers Market: End-user Overview
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6.1.1 Global Emulsion Polymers Market Volume Share, by End-user, 2014 and 2023
6.2 Paints & Coatings
6.2.1 Global Demand for Emulsion Polymers in Paints & Coatings, 2014 - 2023 (Kilo Tons) (US$ Mn)
6.3 Paper & Paperboard
6.3.1 Global Demand for Emulsion Polymers in Paper & Paperboard, 2014 - 2023 (Kilo Tons) (US$ Mn)
6.4 Adhesives
6.4.1 Global Demand for Emulsion Polymers in Adhesives, 2014 - 2023 (Kilo Tons) (US$ Mn)
6.5 Textiles & Non-woven
6.5.1 Global Demand for Emulsion Polymers in Textiles & Non-woven, 2014 - 2023 (Kilo Tons) (US$ Mn)
6.6 Others (Including Leather Polishes and Mortar Additives)
6.6.1 Global Demand for Emulsion Polymers in Others, 2014 - 2023 (Kilo Tons) (US$ Mn)
Chapter 7 Emulsion Polymers Market - Regional Analysis
7.1 Global Emulsion Polymers Market: Regional Overview
7.1.1 Global Emulsion Polymers Market Volume Share, by Region, 2014 and 2023
7.2 North America
7.2.1 North America Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.2.2 North America Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.2.3 North America Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.2.4 North America Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
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7.2.5 U.S.
7.2.5.1 U.S. Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.2.5.2 U.S. Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.2.5.3 U.S. Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.2.5.4 U.S. Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.2.6 Rest of North America
7.2.6.1 Rest of North America Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023
(Kilo Tons)
7.2.6.2 Rest of North America Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023
(US$ Mn)
7.2.6.3 Rest of North America Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo
Tons)
7.2.6.4 Rest of North America Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$
Mn)
7.3 Europe
7.3.1 Europe Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.3.2 Europe Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.3.3 Europe Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.3.4 Europe Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.3.5 Germany
7.3.5.1 Germany Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
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7.3.5.2 Germany Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.3.5.3 Germany Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.3.5.4 Germany Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.3.6 France
7.3.6.1 France Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.3.6.2 France Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.3.6.3 France Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.3.6.4 France Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.3.7 U.K.
7.3.7.1 U.K. Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.3.7.2 U.K. Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.3.7.3 U.K. Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.3.7.4 U.K. Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.3.8 Italy
7.3.8.1 Italy Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.3.8.2 Italy Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.3.8.3 Italy Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.3.8.4 Italy Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.3.9 Spain
7.3.9.1 Spain Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
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7.3.9.2 Spain Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.3.9.3 Spain Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.3.9.4 Spain Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.3.10 Rest of Europe
7.3.10.1 Rest of Europe Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo
Tons)
7.3.10.2 Rest of Europe Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$
Mn)
7.3.10.3 Rest of Europe Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.3.10.4 Rest of Europe Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.4 Asia Pacific
7.4.1 Asia Pacific Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.4.2 Asia Pacific Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.4.3 Asia Pacific Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.4.4 Asia Pacific Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.4.5 China
7.4.5.1 China Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.4.5.2 China Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.4.5.3 China Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.4.5.4 China Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.4.6 India
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7.4.6.1 India Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.4.6.2 India Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.4.6.3 India Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.4.6.4 India Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.4.7 ASEAN
7.4.7.1 ASEAN Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.4.7.2 ASEAN Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.4.7.3 ASEAN Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.4.7.4 ASEAN Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (Kilo Tons)
7.4.8 Rest of Asia Pacific
7.4.8.1 Rest of Asia Pacific Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023
(Kilo Tons)
7.4.8.2 Rest of Asia Pacific Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023
(Kilo Tons)
7.4.8.3 Rest of Asia Pacific Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.4.8.4 Rest of Asia Pacific Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.5 Latin America
7.5.1 Latin America Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.5.2 Latin America Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.5.3 Latin America Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.5.4 Latin America Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
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7.5.5 Brazil
7.5.5.1 Brazil Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.5.5.2 Brazil Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.5.5.3 Brazil Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.5.5.4 Brazil Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.5.6 Rest of Latin America
7.5.6.1 Rest of Latin America Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023
(Kilo Tons)
7.5.6.2 Rest of Latin America Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023
(US$ Mn)
7.5.6.3 Rest of Latin America Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo
Tons)
7.5.6.4 Rest of Latin America Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$
Mn)
7.6 Middle East & Africa (MEA)
7.6.1 Middle East & Africa Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo
Tons)
7.6.2 Middle East & Africa Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$
Mn)
7.6.3 Middle East & Africa Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.6.4 Middle East & Africa Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.6.5 GCC
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7.6.5.1 GCC Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.6.5.2 GCC Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
7.6.5.3 GCC Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.6.5.4 GCC Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.6.6 South Africa
7.6.6.1 South Africa Emulsion Polymers Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
7.6.6.2 South Africa Emulsion Polymers Market, Revenue by Product Segment, 2014 - 2023 (US$
Mn)
.6.6.3 South Africa Emulsion Polymers Market, Volume by End-user, 2014 - 2023 (Kilo Tons)
7.6.6.4 South Africa Emulsion Polymers Market, Revenue by End-user, 2014 - 2023 (US$ Mn)
7.6.7 Rest of Middle East & Africa
7.6.7.1 Rest of Middle East & Africa Emulsion Polymers Market, Volume by Product Segment, 2014 2023 (Kilo Tons)
7.6.7.2 Rest of Middle East & Africa Emulsion Polymers Market, Revenue by Product Segment, 2014 2023 (US$ Mn)
7.6.7.3 Rest of Middle East & Africa Emulsion Polymers Market, Volume by End-user, 2014 - 2023
(Kilo Tons)
7.6.7.4 Rest of Middle East & Africa Emulsion Polymers Market, Revenue by End-user, 2014 - 2023
(Kilo Tons)
Chapter 8 Company Profiles
8.1 Arkema S.A.
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8.2 Asahi Kasei Chemicals Corporation
8.3 BASF SE
8.4 Batf Industry Co., Ltd.
8.5 Celanese Corporation
8.6 DIC Corporation
8.7 JSR Corporation
8.8 OMNOVA Solutions Inc.
8.9 Koninklijke DSM N.V.
8.10 Shanxi Sanwei Group Co, Ltd.
8.11 Synthomer Plc
8.12 The Dow Chemical Company
8.13 The Lubrizol Corporation
8.14 Trinseo S.A.
8.15 Wacker Chemie AG
Chapter 9 Primary Research – Key Findings
9.1 Primary Research
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This review is based on Transparency Market Research’s report, titled “Emulsion Polymers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” The acrylics segment has been steering the growth of the global market and is expected to expand at a CAGR of 6.1% during the forecast period to present an opportunity worth US$19.8 bn by 2023. The unique abilities of acrylics such as excellent water resistance, strength, and good adhesion will continue to drive this segment at a pace faster than the others in the global market.