The Global Polymer Emulsion for Nitriles Market size is estimated to reach USD 63.22 Billion by 2027 from USD 37.38 Billion in 2019, delivering a CAGR of 6.8% through the forecast period. The market growth is driven by an extensive product demand for construction, paints coatings, automotive adhesive applications, and others. Growing environment concerns along with strict regulation by environment agencies like EPA and REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) is favoring product demand. Under the Clean Air Act, these regulatory bodies have outlined standards to control toxic chemical emissions, including styrene, methyl chloride, toluene, and acrylonitrile. These agencies are extensively promoting the use of water-based emulsion polymer over synthetic products to reduce environmental impact. The increasing emphasis on the use of the bio-based product to limit noxious emissions is fuelling the adoption of polymer emulsion by various end-use industries.
Top Companies Operating in the Global Polymer Emulsion for Nitriles Market:
Dow Chemicals (US), Clariant International, DIC Corporation, Mallard Creek Polymers, British Paints, Synthonomer, Wacker Chemie AG (Germany), Kansai Nerolac Paints Ltd., Asian Paints Ltd, The Lubrizol Corporation.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Polymer Emulsion for Nitriles Market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Polymer Emulsion for Nitriles Market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Polymer Emulsion for Nitriles Market key players
3.2 Global Polymer Emulsion size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Polymer Emulsion for Nitriles Market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Polymer Emulsion for Nitriles Market Segmentation
Type Outlook (Revenue, USD Million; 2017–2027)
- Styrene-butadiene
- Acrylic
- Styrene-acrylic
- Vinyl-acetate
- Nitriles
Application Type Outlook (Revenue, USD Million; 2017–2027)
- Paints Coatings
- Adhesives
- Others
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