Polymer Binder Market - by Type (Vinyl Acetate, Acrylic, Styrene Acrylic, and Latex), Form (Powder, Liquid, and High Solids), Application (Coatings, Adhesives, Textiles, Inks, Metals, and Other Applications): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

According to the report published by Zion Market Research, global demand for Polymer Binder market was valued at approximately USD 26.75 Billion in 2019, and is expected to generate revenue of around USD 45.56 Billion by end of 2026, growing at a CAGR of around 7.9% between 2020 and 2026.

25-Sep-2020 | Number of pages: 110 | Report Code: ZMR-3683 | Report Format : | Status : Published

Abstract

According to the report published by Zion Market Research, global demand for Polymer Binder market was valued at approximately USD 26.75 Billion in 2019, and is expected to generate revenue of around USD 45.56 Billion by end of 2026, growing at a CAGR of around 7.9% between 2020 and 2026.

Global Polymer Binder Market: Overview

Polymeric covers are significant crude materials in coatings and in the development business. Last item properties firmly rely upon the sort and nature of the applied cover. As a result of ecological concerns, powder coatings, 100% UV/EB restoring frameworks, and waterborne polymer scatterings are being filled in for conventional gums utilized in dissolvable borne coatings.

Polymeric scatterings might be utilized as: a customary folio drying in the physical cycle during dissipation; a cover crosslinking by feline particle anion connection between corrosive gatherings and bivalent feline particles; a fastener crosslinking in the response with hardener atoms or as a receptive polymeric or oligomer material inclined to crosslinking affected by UV/EB radiation.

Global Polymer Binder Market: Growth Factors

Developing demand in both private and public growth projects, extending the use of polymer fasteners on decks and tiles, laying, mortar grinding and safety structures are being developed to drive the global demand for polymer binders. The polymer binder supplanted the normal pitches used in the dissolvable bore coatings. Powder coatings, waterborne polymer dispersion and UV / EB relieving frames are commonly accepted in a variety of companies due to their ecologically sustainable nature. Such utilizations of polymer fasteners are needed to boost the worldwide polymer binder industry.

Global Polymer Binder Market: Segmentation

The Polymer Binder market is fragmented based on type, form, and application. On basis of type the market is divided into acrylic, latex, styrene acrylic, and vinyl acetate. Additionally on the basis of form the market powder, liquid, and high solids. Further, the application segment is bifurcated into Textile & Carpets, Paper & Board, Construction Additives, Architectural Coatings, Adhesives & Sealants, and Others

Region-wise, the global market is segregated into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

Global Polymer Binder Market: Regional Analysis

Asia Pacific is considered to represent the largest portion of the demand for polymer fasteners in the coming years, inferable from the booming construction industry, which is likely to create humongous interest for polymer binders in automotive coatings, construction of added substances, and cement and sealant applications in countries such as China and India. Technical advances and the growth of understanding of natural protection and corporate social responsibility among producers will help the identification of products in the areas of Europe and North America. This would make a major contribution to the polymer business income in Europe and North America. MEA and Latin America are extended to be the business sectors with the colossal development potential.

Global Polymer Binder Market: Competitive Players

Some main participants of the Polymer Binder market are Wacker Chemie AG, Trinseo, OMNOVA Solutions Inc., Dow, Celanese Corporation, BASF SE, Arkema, Trinseo, Toagosei Co. Ltd, Synthomer PLC, DCC, and Dairen Chemical Corporation, among others.

Polymer Binder Market: Regional Segment Analysis

  • 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

Increased per capita paint consumption in areas such as Asia-Pacific and global growth in production can be due to the expansion of the polymer-covered sector. Moreover, the increased demand in advanced materials is relied on to push the development in polymer fasteners across the globe. The use of heterogeneous polymers usually represented as centre shell structures in paints and concrete organisations may further contribute to the growth of the upward demand for polymer fasteners.

According to Zion Market Research, global demand for Polymer Binder market is expected to generate revenue of around USD 45.56 Billion by end of 2026, growing at a CAGR of around 7.9% between 2020 and 2026.

The Asia Pacific Polymer Binder market is projected to hold the largest share globally in the future. The rising interest for polymer binder from compositional coatings, with the developing development ventures in creating nations, similar to China and India, is relied upon to drive the general interest for polymer fasteners in this region.

Some main participants of the Polymer Binder market are Wacker Chemie AG, OMNOVA Solutions Inc., Trinseo, Celanese Corporation, Dow, Arkema, BASF SE, Toagosei Co. Ltd, DCC, Dairen Chemical Corporation, and Synthomer PLC among others.


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