Market Size of South America Polymer Emulsion Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Polymer Emulsion Market Analysis
The South America polymer emulsion market is estimated to witness a healthy growth, at an estimated CAGR of over 4%, over the forecast period. The major factor driving the growth of the market studied is growing awareness with regard to volatile organic compound (VOC).
- Availability of substitutes are likely to hinder the markets growth.
- Increasing awareness about bio-based polymer emulsion is likely to create opportunities for the market in the coming years.
- Brazil is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.
South America Polymer Emulsion Industry Segmentation
The South America polymer emulsion market report includes:
Product Type | |
Acrylics | |
Polyurethane (PU) Dispersions | |
Styrene Butadiene (SB) Latex | |
Vinyl Acetate | |
Other Product Types |
Application | |
Adhesives & Carpet Backing | |
Paper & Paperboard Coatings | |
Paints & Coatings | |
Other Applications |
Geography | |
Brazil | |
Argentina | |
Colombia | |
Chile | |
Rest of South America |
South America Polymer Emulsion Market Size Summary
The South America polymer emulsion market is poised for robust growth, driven primarily by increasing awareness of volatile organic compounds (VOC) and the rising demand for eco-friendly solutions. The market is characterized by the extensive use of emulsion polymers in paints and coatings, which are crucial in the architectural sector for both exterior and interior applications. These polymers, including acrylic, vinyl acrylic, styrene acrylic, and vinyl acetate ethylene copolymer latex, are integral to manufacturing durable and high-performance paints that protect structures from environmental elements while enhancing aesthetic appeal. Despite the availability of substitutes posing a challenge, the growing interest in bio-based polymer emulsions presents new opportunities for market expansion. Brazil is anticipated to lead the market, benefiting from its significant construction activities and government initiatives aimed at boosting infrastructure development.
The construction industry in Brazil, however, faces challenges due to political and economic issues, including corruption, which has led to government interventions like the 'car wash investigation' and programs such as the Programme of Investment Partnerships (PPI) and 'Minha Casa, Minha Vida'. These initiatives are designed to foster private-public partnerships and stimulate housing development, respectively, thereby influencing the demand for polymer emulsions. The market is partially consolidated, with key players such as Akzo Nobel N.V., Arkema Group, BASF SE, Clariant, and Dow playing significant roles. As these factors converge, the South America polymer emulsion market is expected to experience sustained growth over the forecast period, driven by both demand-side dynamics and strategic industry developments.
South America Polymer Emulsion Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Awareness with Regard to Volatile Organic Compound (VOC)
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Availability of Substitutes
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Acrylics
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2.1.2 Polyurethane (PU) Dispersions
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2.1.3 Styrene Butadiene (SB) Latex
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2.1.4 Vinyl Acetate
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2.1.5 Other Product Types
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2.2 Application
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2.2.1 Adhesives & Carpet Backing
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2.2.2 Paper & Paperboard Coatings
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2.2.3 Paints & Coatings
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 Brazil
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2.3.2 Argentina
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2.3.3 Colombia
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2.3.4 Chile
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2.3.5 Rest of South America
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South America Polymer Emulsion Market Size FAQs
What is the current South America Polymer Emulsion Market size?
The South America Polymer Emulsion Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in South America Polymer Emulsion Market?
Akzo Nobel N.V., Arkema Group, BASF SE and Dow are the major companies operating in the South America Polymer Emulsion Market.