Global emulsion polymer market size is expected to reach USD 44.22
Billion by 2020, according to a new report by Grand View Research, Inc.
Favorable regulatory scenario is presumed to compliment the global market
growth. Surge in demand for emulsion polymer in major end-use industries such
as paper & paperboard coatings, paints & coatings and adhesives is
projected to drive the overall demand for the next five years.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/emulsion-polymer-market
Further key findings from the study
suggest:
·
Volatile oil and gas prices are anticipated to
act as major challenge for market participants and may impact market
profitability. Shifting consumer preferences towards bio-based products promise
ample opportunities for the market development. Government initiatives and
incentives to encourage environment friendly products in developing as well as
developed markets are expected to offer abundant opportunities for industry
participants.
·
Global emulsion polymer market was worth USD
29.77 billion in 2013 and is expected to be valued at USD 44.22 billion by
2020, growing at an estimated CAGR of 5.9% from 2014 to 2020. Acrylics were the
most dominant product and accounted for over 30% of the global revenue
generated from the product segment. Acrylics market valuation is expected to
witness fastest growth at a CAGR of 6.4% from 2014 to 2020. Other products are
projected to have a stable market over the forecast period.
·
Paints & coatings application accounted for
over 30% of the global application market. Rapid urbanization and
industrialization in emerging countries is expected to drive global demand.
Adhesive applications market worth is expected to witness a CAGR of 5.3% over
the next five years.
·
Asia Pacific market accounted for nearly 40% of
the overall revenue in 2013. Emerging economies such as China and India are
presumed to lead their regional market. Asia Pacific is also projected to
witness the highest growth rate over the forecast period. Mature markets such
as North America and Europe are presumed to experience moderate growth rate
over the next five years.
·
Market concentration is low with top
participants occupying similar shares. The industry is also highly price
sensitive and thus is characterized by industry participants adopting a low
price strategy and focusing on reducing their production cost. Companies are
taking ardent measures to increase their production capacity and develop their
product portfolio with an aim to cater to the demand from the emerging regions.
Browse All Reports of
this category @ http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry
James
Corporate
Sales Specialist, U.S.A.
Grand
View Research, Inc.
United
States
Phone: 1-415-349-0058
Toll
Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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