Published on : Apr 23, 2020
A recent market research report added in the vast research report repository of Research Moz that talks about the global synthetic and bio emulsion polymers market and its overall working dynamics. This report of the synthetic and bio emulsion polymers market offers comprehensive analysis, market shares, key trends, opportunities, and driving and restraining factors that are influencing the growth of the market. Along with in-detail market segmentation, the research report offers key insights and information that are imperative for devising decisive marketing strategies.
The growing demand for high performance and durable polymers has been very important for the development of the global synthetic and bio emulsion polymers. There are several key application areas of these synthetic and bio emulsion polymers such as paints, coatings, paper & paperboard coatings, and adhesive industries among others. Strong demand from these end-use application sectors is thus helping to drive the overall growth of the global synthetic and bio emulsion polymers market. In addition to this, favorable regulatory environment is also helping to push the development of the global synthetic and bio emulsion polymers market.
In recent years, there has been a growing demand for vinyl acetate polymers for the applications of adhesives. This is also considered to be a key driving factor for the development of the global synthetic and bio emulsion polymers market. There are several benefits of these polymers such as superior bonding, binding, and smooth coating among others. Such benefits too are driving the popularity of the market and are helping its growth.
Bio emulsion polymers are completely manufactured using renewable sources and act as a viable alternative for their synthetic counterparts. This too is expected to stimulate the growth of the global synthetic and bio emulsion polymers market. With the growing environmental concerns and strong regulations issued by the authorities about VOC and other toxic emissions, the growth of the bio emulsion segment is expected to witness a great promise. Furthermore, these regulations by REACH and EPA are also forcing the manufacturers to develop more sustainable products and thus is working the favor of the global synthetic and bio emulsion polymers market.
The global synthetic and bio emulsion polymers can be segmented in terms of type of product, application segment and region. In terms of type of application, the synthetic and bio emulsion polymers market can be further segmented into adhesives, paints and coatings, paper and paperboard coatings, and others. In terms of type of product, the global synthetic and bio emulsion polymers market is further segmented into styrene butadiene latex, acrylics, and vinyl acetate polymers.
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North America to Remain as Strongest Regional Segment
In terms of regional segmentation, the global synthetic and bio emulsion polymers market is divided into five major geographical areas. These are Middle East and Africa, Asia Pacific, Europe, Latin America, and North America. Of these, currently, the global synthetic and bio emulsion polymers market is led by the regional segment of North America. With growing demand from the end use industries and increasing adoption of sustainable production ways, the regional segment of North America is expected to continue to lead the global market in the coming years of the forecast period. On the other hand, the Asia Pacific region is projected to witness a promising growth on account booming industrial and application segment development in the emerging economies such as India and China.
Some of the key players in the global synthetic and bio emulsion polymers market include names such as BASF, Dow Chemicals, Omnova Solutions, Nuplex Industries, Trinseo, Momentive Performance Materials, Wacker Chemie, DIC Corporation, Lubrizol Corporation, and Arkema among others.