Bio-Emulsion Polymers Market| Industry Shares, Opportunities, Development Status, Key Findings and Growth Forecast to 2023
Market
Analysis
The global
bio-emulsion polymers market is likely to grow at a healthy CAGR between 2017-
2023, as per the new report by Market Research Future (MRFR). Bio-emulsion
polymers are made from renewable raw material sources using two methods, namely
the bio-based sugar macromer method and bio-based latex polymer method. Paper,
textiles, adhesives, paints, and coatings, and others are some of its key
applications.
Various factors are
adding to the global bio-emulsion polymers market growth. Such factors,
according to the new MRFR report, include the need to address the conventional
emulsion polymer concerns, strict environmental rules for release of VOCs,
fluctuating cost of crude oil, and increasing use as adhesives, and concrete
additives.
Bio-emulsion polymers have superior properties like film-forming,
adhesive, and binding, which is also adding market growth. Besides the
increasing use of vinyl acetate in paperboard packaging, on-site construction,
textiles, and bookbinding are also fuelling the growth of the market.
Market
Segmentation
The MRFR report
offers an inclusive segmental analysis of the global bio-emulsion polymers
market report based on application and material composition.
By material
composition, the bio-emulsion polymers market is segmented into polybutylene
terephthalate, polybutylene, polymethyl methacrylate, polyamide, polyacrylic
acid, ethylene vinyl acetate, and acrylonitrile butadiene styrene.
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By application, the
bio-emulsion polymers market is segmented into paper, textiles, adhesives,
paints and coatings, and others. Of these, paints and coatings will lead the
market over the forecast period.
Regional
Analysis
Based on the region,
the bio-emulsion polymers market report covers the recent trends & growth
opportunities across North America, Europe, the Asia Pacific (APAC), Latin
America, and the Middle East and Africa (MEA). Of these, North America will
have the lion's share in the market over the forecast period for the surging need
for bio-based products in textiles, packaging, paper, and other industries.
Besides, the growing ethyl vinyl acetate production and rising R&D
activities of emulsion polymers are also adding market growth. Mexico, Canada,
and the US are the chief contributors in the region.
The bio-emulsion
polymers market in the APAC region is predicted to have significant growth over
the forecast period. Factors boosting the bio-emulsion polymers market growth
in this region include its increasing popularity in various end-use industries,
rapid urbanization, increasing investments in end-use industries, and the
increasing consumption of bio-based materials in packaging, paper board, and textile
sectors in India, China, and Japan as they offer stability, needs minimal
maintenance and has excellent flexibility.
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https://www.marketresearchfuture.com/reports/bio-emulsion-polymers-market-5158
The bio-emulsion
polymers market in Europe is predicted to have remarkable growth over the
forecast period for the implementation of the latest rules & regulations
proposed through regulatory bodies like REACH and EPA to follow
environmentally-friendly products compared to petroleum-derived materials. This
rule is also applicable in adhesives, textiles, and paints & coatings
segments. France, Germany, Italy, and the UK are the chief contributors in the
region for the growing technological advances and innovation.
The bio-emulsion
polymers market in Latin America is predicted to have moderate growth over the
forecast period for lack of technological standardization and high production
cost.
The bio-emulsion
polymers market in the MEA is predicted to have sound growth over the forecast
period for rising infrastructure developments.
Key
Players
Notable players profiled in the global bio-emulsion polymers market report include The Dow Chemical Company (U.S.), OMNOVA Solutions Inc (U.S.), Trinseo (U.S.), Nuplex Industries Ltd (Australia), Arkema S.A. (France), DIC CORPORATION (Japan), Cytec Industries Inc (U.S.), Clariant (Switzerland), The Lubrizol Corporation (U.S.), and BASF SE (Germany).
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