MARKET OVERVIEW
Polymer binders are a type of material that can be used to bind other materials together. They are used in applications such as adhesives, coatings, and printing inks. In recent years, the polymer binders market has grown due to increasing demand for environmentally friendly and sustainable binders. Water-based polymer binders have gained popularity due to their low VOC (volatile organic compound) emissions and biodegradability. Furthermore, the rise of new technologies, such as digital printing, has also increased the demand for specialized polymer binders in the printing industry.
Market Dynamics
Rise in the usage of polymer binders in flooring, tiling, plastering, mortar mix, and insulation systems are driving the growth of the polymer binder market. Along with this, the increase in per capita paint utilization and demand for technical textiles are also responsible for the growth of the market. There are some risks associated with spray dying, which are standing as a hindrance in the development of polymer binders market. Since many industries are adopting environment-friendly techniques, the application of polymer binders in the form of powder coatings, waterborne dispersion and UV/EB curing systems is expected to fuel the global polymer binder market in future.
Market Scope
The "Global Polymer Binders Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polymer binder market with detailed market segmentation by type, form, application and geography. The global the polymer binder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading the polymer binder players and offers key trends and opportunities in the market.
Market Segmentation
The global polymer binder market is segmented on the basis of type, form, application, and geography. On the basis of type, the market segmented into acrylic, vinyl acetate, latex and others. The market on the basis of form, is broken into liquid, powder, high solids and others. On the basis of application, the market is bifurcated into paper board, construction additives, textiles & carperts, architectural coatings and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the polymer binders market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polymer binders market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polymer binders market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polymer binders in these regions.
MARKET PLAYERS
The reports cover key developments in the polymer binders market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polymer binders market are anticipated to lucrative growth opportunities in the future with the rising demand for polymer binders in the global market. Below mentioned is the list of few companies engaged in the polymer binders market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polymer binders market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF
- DowDuPont
- Celanese Corporation
- Arkema
- Wacker
- Trinseo
- Synthomer
- Dairen Chemical
- OMNOVA
- Taogosei