Global Emulsion Polymers Market – Increased Demand in Paints and Coatings Applications to Promote Growth | Technavio

LONDON–(BUSINESS WIRE)–#Research—Technavio
market research analysts forecast the global
emulsion polymers market to grow at a CAGR of almost 7%
during the period 2018-2022, according to their latest report.

This market research report segments the global emulsion polymers market
into the following applications (paints and coatings, paper and
paperboard coatings, and adhesives) and key regions (the Americas, APAC,
and EMEA). It provides an in-depth analysis of the prominent factors
influencing the market, including drivers, opportunities, trends, and
industry-specific challenges.

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In this report, Technavio analysts highlight the increased demand for
emulsion polymers in paints and coatings applications as a key factor
contributing to the growth of the global emulsion polymers market:

Increased demand for emulsion polymers in
paints and coatings applications

The rapid rise in the automobile and construction sector is one of the
major factors that has been contributing to the increased paints and
coatings applications. This will create a direct growth opportunity for
the emulsion
polymers market. The improvement in the standard of living along
with the improving gross domestic product (GDP) is a major factor that
has been contributing to the growth of the construction sector. Emulsion
polymers that are used in the production of paints provide improved
quality, heat sensitivity, and self-repairing ability.

According to a senior analyst at Technavio for plastics,
polymers, and elastomers, “Emulsion polymers are used largely
in paints and coatings products because they are environmentally safe
and are resistant to stain and chemical. The emulsion polymers used in
paints and coatings have lesser VOC components. Therefore, growing
consumer awareness for a safe product can increase the consumption of
emulsion polymers. The increasing awareness of consumers regarding
customized interior paints and designs can also act as a major growth
driving factor.”

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Global emulsion polymers market segmentation

Among all the application segments, the paints and coatings segment
dominated the global emulsion polymers market, contributing for
approximately 37% of the market share. This sector is expected to
project steady growth during the forecast period.

APAC was the leading region for the global emulsion
polymers market in 2017, accounting for a market share of more
than 43%. The market share of this region is anticipated to increase
significantly during the forecast period.

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