The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.
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Market Insights
The Polymer Dispersions Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.
Profiling Key Companies –
BASF SE
Mitsui Chemicals, Inc.
Synthomer plc
Eastman Chemical Company
Solvay S.A.
Covestro AG
Huntsman Corporation
Michelman, Inc.
The DOW Chemical Company
Wacker Chemie AG
Alberdingk Boley GmbH
Allnex Group
Chase Corporation
DIC Corporation
Evonik Industries AG
Hexion Inc.
Kamsons Chemicals Pvt. Ltd.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Polymer Dispersions Market value and growth drivers over the trend period of 2022-27. According to the report -
Polymer dispersions market is likely to witness an impressive CAGR of 8.3% during the forecast period. Polymer dispersions provide properties, such as enhanced processability, performance, and appearance to products, owing to which they are used in applications, such as decorative protective coatings, printing inks, paper, carpet fabrics, and adhesives and sealants. The growing range of applications of polymer dispersion is likely to drive its demand in the global market.
Segment Analysis:
Based on Resin Type:
Based on the resin type, the market is segmented as acrylic dispersions, vinyl dispersions, polyurethane (PU) dispersions, styrene-butadiene (SB) dispersions, and others. It is estimated that the acrylic dispersions segment will lead the market during the forecast period, owing to its large-scale use in water-based coatings for decorative and paper applications. Further, acrylic dispersions are available at low cost in comparison to other dispersions leading to its higher demand in the market.
Based on Region:
In terms of regions, North America dominated the polymer dispersion market and is expected to maintain its dominant position during the forecast period owing to significant demand from coating application especially in interior and furniture coatings. Asia-Pacific is the second-largest market and is expected to witness substantial growth during the forecast period. Significant economic development in the Asia-Pacific region along with the rising disposable income of consumers is driving the building and construction industry which is creating huge demand for paints and coatings. Further, rising awareness among consumers regarding harmful effects of VOC content is acting as a catalyst towards the growth of polymer dispersion in the Asia-Pacific region. China, Japan, India, South Korea, and ASEAN countries are the growth engines of the region and are expected to provide huge growth opportunities to the industry players in the polymer dispersions market.
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Covid Impact
This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.
- Appropriate market trend and forecast analysis.
- All-inclusive report
- Decent price-performance ratio
- Reliable data
- Attractive market segments and associated growth opportunities.
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