Synthetic and Bio Emulsion Polymers Market Size

Synthetic and Bio Emulsion Polymers Market Size

Synthetic and Bio Emulsion Polymers Market  size was above USD 25 billion in 2016 and industry expects to surpass 15 million tons by 2024.
 

Strong application outlook from paper & paperboard coatings, paints & coatings and adhesives industries should stimulate emulsion polymers market size. Supporting government regulations by REACH and EPA pertaining to usage of eco-friendly products should propel product demand in Europe and North America.
 

Increasing vinyl acetate polymers application scope in adhesives should stimulate product demand. Superior properties such as binding, adhesive and film forming along with high usage of vinyl acetate in bookbinding, textiles, on-site construction and paperboard packaging should boost emulsion polymers market size. Global adhesives & sealants market may surpass USD 50 billion by 2024. Increasing adhesives application scope in automotive, packaging and construction industry should stimulate market growth.
 

Strong application outlook in paints & coatings industry owing to less energy consumption and low carbon emission in manufacturing process is likely to drive polymer emulsion market size. Paints & coating have extensive application in various end-use industries such as automotive, marine & aviation industries, architectural and manufacturing industries which may have positive influence on market growth.
 

Bio-based emulsion polymers are produced from 100% renewable resources and may act as an effective alternative for its synthetic counterparts which may stimulate industry growth. Rise in environmental constraints are forcing EPA and REACH to implement stringent rules for usage of biomass derived products. These bodies are implementing regulations to control toxic emissions and minimize noxious impact on environment by framing standards under the Clean Air Act.
 

Synthetic emulsion polymers are manufactured from crude oil & natural gas by-products including styrene and acrylics. Fluctuating crude oil index may act as a major constraint for industry growth thereby affecting emulsion polymer market price trend. Manufacturers need to comply with stringent regulations on production of low VoC emitting products, which may pose challenge for industry growth.