Exactitude Consultancy Press Release: global polymer dispersions market

Implementation of strict environmental regulations is the primary factor driving the global polymer dispersions market growth.

Due to the increasing implementation of various stringent environmental regulations intended to reduce high volatile organic compound (VOC) emissions, polymer dispersion is in high demand. Automobiles are major sources of VOC emissions, which come from both their running tailpipes and the evaporative emissions from gasoline-powered vehicles. Alkenes (with the exception of ethylene), aromatic hydrocarbons, oxygenated VOCs, and acetonitrile can all be ionised by the reaction. The market demand for polymer dispersion is anticipated to increase as a result of polymer dispersion’s contribution to the reduction of VOC emissions.

Volatility in raw material prices and regulatory constraints on VOC emissions are the major restraining factors for the polymer dispersions market.

Many barriers exist in the market for Polymer Dispersions. Prices for additives and monomers, which are raw materials, can fluctuate, which can affect the cost and profitability of making dispersions. Compliance with regulatory restrictions on volatile organic compound (VOC) emissions is difficult. Alternative technologies, like solvent-based systems and powder coatings, are another threat to the market. These elements may restrict market expansion and pose challenges for the sector’s manufacturers and suppliers.

With Table of Contents

The polymer dispersions market offers several opportunities for growth.

There are numerous growth prospects in the polymer dispersions market. Environmental regulations and consumer preferences are driving up the demand for waterborne coatings and adhesives, creating a sizable market opportunity. Expanding into emerging economies with increasing industrial and construction activity offers new clientele. Additionally, there is an opportunity to create cutting-edge, high-performance dispersions for specialized uses in the fields of electronics, automobiles, and healthcare, which could create new market niches and revenue streams.

COVID 19 had a significant impact on the polymer dispersions market.

The COVID-19 pandemic had a conflicting effect on the market for polymer dispersions. Due to lockdown measures and economic uncertainty, the market initially saw disruptions in the supply chain, decreased production, and decreased demand. But as economies recovered and businesses resumed operations, the demand for polymer dispersions increased once more, propelled by the adhesives, coatings, and construction industries. The emphasis on cleanliness and hygiene has also increased the demand for waterborne and antimicrobial dispersions in a variety of applications.

Paints & coatings segment is anticipated to hold the largest market share in the polymer dispersions market based on end use industry.

In 2021, the paints & coatings segment had the largest revenue share. Wood, building and construction, transportation, industrial OEM, protection, and adhesion to numerous surfaces all use polyurethane paint and coatings. The layer count of a multilayer coating system will be reduced with the help of the new high-solid content polyurethane dispersions. The basis of sustainable coatings is high bio-carbon content polyurethanes, which enable low VOC and internationally regulated formulations. For matte finishes, inherent self-matting polyurethane dispersions do not require the use of matting additives, which could negatively affect other crucial characteristics like clarity, haze, or chemical resistance.

Asia-Pacific is dominating the global market for polymer dispersions.

In terms of revenue share, the Asia Pacific region led all other regional markets in the global polymer dispersions market in 2021. Due to rising consumer awareness of VOC toxicity and the expanding use of green coatings in the construction and automotive industries, the Asia Pacific polymer dispersions market is anticipated to experience a rapid growth in revenue over the course of the forecast period. The region’s market for polymer dispersions, which are used in protective and decorative coatings, is anticipated to grow in revenue.

Market Players

The key players include Dow Chemical Company, BASF SE, Evonik Industries AG, Synthomer, Polymerics Inc., Solvay Group, Michelman, Vinavil S.p.A, IKERLAT Polymers S.L, Covestro AG, and others.

Key Market Segments:

By type, 2020-2029, (USD Billion, Kilotons)

• Acrylic Dispersions
• Vinyl Dispersions
• Polyurethane Dispersions
• SB Dispersions
• Others

By Application , 2020-2029, (USD Billion, Kilotons)

• Decorative And Protective Coating
• Paper
• Carpet And Fabrics
• Printing Ink
• Adhesives & Sealants
• Others

By End Use Industry, 2020-2029, (USD Billion, Kilotons)

• Automotive Industry
• Consumer Goods Industry
• Packaging Industry
• Paints Industry
• Construction Industry

By Region, 2020-2029, (USD Billion, Kilotons)

• North America
• Asia Pacific
• Europe
• South America
• Middle East And Africa

Important Countries In All Regions Are Covered.

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