Published on : Mar 05, 2020
The global bio-based emulsion polymer market promises significant growth in the near future, as bio-based emulsion polymers continue to drive market growth. Polymers like styrene butadiene latex, and vinyl acetate have driven growth for the market with increased advancements in bio-based polymers making way for high performance and robust durability. The developments of these polymers still remains at nascent stages, and fluctuation in prices of petrochemicals remain a challenge for growth. However, the rising demand in end-products like paints, adhesives, and coatings, and their increased importance in construction, and packaging paints a promising horizon of growth for the market. Their renewability and bans on toxic substances in paints, and coating will also add fuel to its engine of growth with new opportunities and expansion.
Researchmoz has released a report titled “Global Bio-based Emulsion Polymer Market Professional Survey Report 2019.” The report offers the growth scenarios present globally as well as revenues of the overall market. The global bio-based emulsion polymer Market report thoroughly discusses robust growth prospects and prominent strategies implicated by several key players operating in the global market, which are likely to benefit the market growth and grab leading position in terms of revenue in the market. The report is available on the website ResearchMoz.us as well.
Stringent Regulatory Environment to Promise New opportunities for Growth
Growing consumer awareness about toxicity of different chemicals and their use in homes, and appliances will drive new opportunities for growth for the bio-based emulsion polymer market. Government agencies like EPA, and REACH have put in place several measures including VOC emission regulation which will positively impact growth of the bio-based emulsion polymer market. The effect of regulations has already become apparent as over the last six years, the market has witnessed continuous upward trajectory for growth. Moreover, similar legislation enactment in emerging nations like India, China, where the demand for coatings, and paints is an all-time high remains an even more promising prospect.
Request a Sample PDF copy with detailed Insights: https://www.researchmoz.us/enquiry.php?type=S&repid=2516073
Complex Manufacturing Remains a Major Challenge
The complex process of manufacturing for biopolymers as compared to synthetic chemicals remains a challenge for further growth. However, increased manufacturing activity in Asia Pacific, and increased advancements especially coming due to research and innovation in western countries, and the US, will drive 100% bio-based polymers in the market in near future. Moreover, paper board coatings, and paper will also promise new opportunities for players in the bio-based emulsion polymer market.
Key players in the bio-based emulsion polymer market are Trinseo S.A., Dow Chemical Company, BASF SE, and Ecosynthetix. The increasing merger and acquisition activity among major players and growing diversification in products is a key trend to watch out for. The increased investment in research and development will drive more opportunities for collaboration, and product launches in the near future.