Reports and Data estimates the global Polymer Binders competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Polymer Binders during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF. DowDuPont, Celanese Corporation, Arkema, Wacker, Taogosei, Synthomer, Dairen Chemical, and OMNOVA.
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Polymer Binders Overview :-
The polymer binders market is projected to grow at a CAGR of 7.73% , in terms of value, from 2018 to reach USD 50.51 Billion by 2028. The growth of the construction sector along with increasing per capita consumption of paint in various countries including India, China, Thailand, Saudi Arabia, UAE, Thailand and Malaysia in light of urbanization, population growth, and government infrastructure development initiatives is expected to promote the foundation activity. Rising adoption of technical textiles is further expected to augment industry growth over the coming years.
Asia Pacific with a CAGR of 8.2 percent is expected to be a key revenue generating region in the forecast period. This can be mainly associated with increasing construction activities going on in the region. For instance relaxation of the real estate industry in China is likely to be a major factor affecting growth. Post the housing crisis in China, the Chinese government took various measures. One of these measures involved simplified application procedures to facilitate foreign investment in the real estate market. The government lifted the restrictions imposed on foreign investment in land development, high-end hotels, office buildings, international exhibition centers, and the construction and operation of large theme parks
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For the purpose of this report Reports and Data has segmented global Polymer Binders market on the basis of type, application, and region:
Type Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 20162025)
- Acrylic
- Vinyl Acetate
- Latex
- Others
Form Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 20182028)
- Liquid
- Powder
- High Solids
Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 20182028)
- Architectural Coatings
- Adhesives Sealants
- Textile Carpets
- Paper Board
- Construction Additives
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Polymer Binders during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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