Market Size of United States Polymer Emulsion Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Polymer Emulsion Market Analysis
The United Statespolymer emulsion market is estimated to witness a healthy growth, at an estimated CAGR of over 5%, over the forecast period. The major factors driving the growth of the market studied are growing awareness with regard to volatile organic compound (VOC) and increasing demand from various end-user industries in the United States.
- Availability of substitutes are likely to hinder the markets growth.
- Growing awareness towards water-based acrylic dispersion for anticorrosive & antimicrobial coatings is likely to create opportunities for the market in the coming years.
US Polymer Emulsion Industry Segmentation
The United States 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 |
United States Polymer Emulsion Market Size Summary
The United States polymer emulsion market is poised for robust growth, driven by increasing awareness of volatile organic compounds (VOC) and rising demand from diverse end-user industries. The market is expected to benefit from the growing adoption of water-based acrylic dispersions for anticorrosive and antimicrobial coatings, presenting new opportunities. Vinyl acetate is anticipated to be the fastest-growing segment due to its expanding applications in sectors such as building and construction and automotive. The construction industry, particularly the non-residential sector, is experiencing significant growth, supported by increased spending and federal and state funding. This expansion is expected to bolster the demand for polymer emulsions, especially in architectural paints and coatings, which are valued for their aesthetic appeal and durability.
In the architectural sector, emulsion polymers like acrylic, vinyl acrylic, styrene acrylic, and vinyl acetate ethylene copolymer latex are extensively used in paints and coatings for both exterior and interior applications. These polymers contribute to the durability and functionality of paints, protecting structures from environmental elements and enhancing interior aesthetics. The residential sector's growth, although slower, is also contributing to the demand for polymer emulsions, with projections of significant housing construction in the coming years. The market is characterized by fragmentation, with numerous players such as Akzo Nobel N.V., Arkema Group, BASF SE, Clariant, and Dow, each holding a small share. This competitive landscape is expected to sustain the market's growth trajectory over the forecast period.
United States 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 (VOCs)
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1.1.2 Rising Construction Industry in the United States
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1.2 Restraints
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1.2.1 Availability of Substitutes
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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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United States Polymer Emulsion Market Size FAQs
What is the current United States Polymer Emulsion Market size?
The United States Polymer Emulsion Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in United States Polymer Emulsion Market?
Akzo Nobel N.V., Arkema Group, BASF SE, Clariant and Dow are the major companies operating in the United States Polymer Emulsion Market.