Stringent regulation pertaining to VOC emission and growing awareness for green buildings, and rising demand from end-use industries of emerging economies to drive the growth of the Polymer emulsion market. The global polymer emulsion market was valued at USD 30.0 billion in 2018 and is expected to reach USD 53.4 billion in 2026, growing at a CAGR of 7.5% during the forecast period.
Polymer emulsion is nothing but water-soluble polymers, like certain polyvinyl alcohols or hydroxylates celluloses that can also be used to act as emulsifiers or stabilizers. Before world war 1, polymer emulsion was first conceived by Byer in an attempt to prepare synthetic rubber. Again, the actual polymerization conducted in 1920 to polymerize isoprene. Then it is widely adopted for plastic production, afterword war 2.
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Polymer emulsion has a huge application in the construction industry. It is used in a variety of construction, paints & coatings and pressure-sensitive adhesives and sealants. Building and construction polymers such as acrylic and vinyl acetate emulsions are popular in enhancing the performance of membranes, cement repair mortars, tile mortars, drywall spackle, and concrete cure and seals. Owing to its low VOC content and non-flammable nature, it is used as a cost-effective solution in paints & coating applications. Also, it is widely polymer emulsion paints & coatings are widely used due to its low cost of handling and post painting clean-up cost.
Rising demand for polymer emulsion in end-use industries like building & construction and automotive & transportation in emerging countries is the key factors attributed to the market growth. Furthermore, the increasing awareness towards green building also expected to fuel the market growth during the forecast period. On the other hand, volatility in raw material cost is acting as a restraint to this market. However, continuous development in commercializing bio-based polymer emulsion is expected to create major growth opportunities during the forecast period.