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.
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