The global Organic Binder market is predicted to accrue revenue worth 21.06 (USD Billion) by 2026 and will record a CAGR of nearly 4.8% over 2020-2026. The report offers assessment and analysis of the Organic Binder market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Introduction
Organic binders are made up of polymers and belong to family of cellulose. In addition to this, these materials were detected in old Chinese paintings & art works with the help of various immunological methods like ELISA and immunofluorescence microscopy. They possess exceptional features like mixing ability and minimal change in slip viscosity. Apparently, these materials reduce carbon footprints and hence contribute notably towards the green environment. The product finds lucrative applications in construction industry due to its exceptional physical & chemical properties.
Market Growth Dynamics
Swift breakthroughs in production methods and focus on carrying out research activities on developing new formulas has opened new horizons of growth for the market in the current years. Low energy consumption, low costs, and eco-friendly feature are some of the factors that are slated to steer the market growth in the coming years. A prominent rise in the infrastructural development across the globe are expected to succor the growth of the market over the forthcoming years.
Furthermore, constant search for durable building materials has prompted researchers to produce organic binders having low density along with good rheology. In addition to this, they are trying to enhance the fire properties of concrete structures and hence are making every effort to unravel the potential of organic binders. All these aforementioned factors will drive the market trends.
Asia Pacific To Acquire Market Domination Over Forecast Timespan
The expansion of the market in Asia Pacific zone during the forecast timespan is owing to massive use of product in construction & automotive sectors in the countries like Australia, China, and Japan. In addition to this, surge in the acceptance of sustainable techniques in the manufacturing activities will further steer the regional market growth in the years ahead.
Key players profiled in the report are BASF, OILEX GmbH, Wacker Chemie AG, ENDURA IPNR, and Keramicalia.
The global organic binder market is segmented as follows:
By End-Use
- Construction
- Paint and Coating
- Others
By Resin Type
- Acrylic
- EVA
- Alkyd
- Epoxy
- Others
By Form
- Dispersible Powder
- Dispersion
- Solid Resin
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
Swift breakthroughs in production methods and focus on carrying out research activities on developing new formulas has opened new horizons of growth for the market in the current years.
The CAGR of the market over 2020- 2026 is expected to be nearly 4.8%.
Asia Pacific will contribute remarkably towards the global market share over the estimated timeline.
The key market players include BASF, OILEX GmbH, Wacker Chemie AG, ENDURA IPNR, and Keramicalia.
