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BASF SE (Germany), & Synthomer Plc. (U.K.) are top 2 companies of Polymer Dispersions Market


The polymer dispersions market is driven by the increasing demand for water-based dispersions from applications such as decorative & protective coating, paper, carpet & fabrics, and adhesives & sealants. The report includes an analysis of the polymer dispersions market by region, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The growth of the polymer dispersions market is expected to be fueled by the rising demand from application segments due to the rapid growth in the construction industry and expansion of installed capacities in water-based dispersions.

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This report estimates the size of the polymer dispersions market by resin type, application, and region, in terms of value and volume. The polymer dispersions market is projected to grow at a CAGR of 8.0% from 2017 to 2022, in terms of value. The trend of using polymer dispersions in various applications is projected to drive the polymer dispersions market as it improves characteristics such as strength, durability, and temperature sensitivity.

Among all resin type segments, the PU dispersions segment is projected to witness the highest growth from 2017 to 2022. These resins are white or transparent in color and do not have an odor due to the low VOC content. They are thus widely preferred in the manufacture of green or ecofriendly coatings.

Among all application segments, the decorative & protective coating application is projected to grow at the highest CAGR from 2017 to 2022 The demand for this subsegment is fueled by the increasing usage of polymer dispersions in the manufacture of wood coatings, metal coatings, and textile finishing. This application segment is driving the polymer dispersions market in the Asia-Pacific and North America.

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Asia-Pacific was the fastest growing polymer dispersions market in 2016, in terms of value and volume, followed by North America. Developed regions, such as Europe and North America, are relatively mature markets compared to the Asia-Pacific region, the Middle East & Africa, and South America. In emerging markets, such as the Asia-Pacific and South America, the decorative & protective coating segment is expected to drive the polymer dispersions market during the forecast period. This is due to increasing consumer awareness, demographic changes, and growing construction & infrastructure activities.

BASF SE (Germany) is a leading player in the global polymer dispersions market. As a major dispersions manufacturer, the company aims to expand its market share to become one of the most innovative companies in the world. As a part of its growth strategy, in 2016, the company started its production plant for polymer dispersions in Pasir Gudang, Malaysia.  This has helped the company in expanding its foothold in the Asia-Pacific market.
Synthomer Plc. (Germany) invested USD 21.0 million in its dispersion plant located in Worms, Germany. This has helped the company in expanding its product portfolio in Europe, by manufacturing greater volumes of water-based dispersions.

Reference:
https://www.marketsandmarkets.com/Market-Reports/polymer-dispersion-market-64183740.html?utm_source=Blog%2FML
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