Emulsion Polymers Market

Growing Prevalence of spine degeneration to boost the market growth

The  expansion of residential and commercial development has significantly influenced the demand for emulsion polymers used in architectural paints and coatings. Due to the Asia-Pacific region's apparent economic potential and expanding housing needs, large-scale residential and commercial development projects have been underway. Investments in businesses like tourism, hospitality, and healthcare are encouraged by government measures to boost non-oil industries in the Middle East, which has raised the demand for and spending on commercial infrastructure. In North America, there are many more home construction and remodeling projects. A projected 15.6% more housing units—1,595,100—were started in 2021 than in 2020 (1,379,600).

Therefore the growing construction industry has enhanced the emulsion polymers market CAGR ly in recent years.

With the certification of a variety of bio-attributed acrylic monomers using the mass balance* strategy in 2022, Arkema declares a significant advancement in its cutting-edge sustainable provide. With the help of these monomers, Arkema is able to provide certified bio-attributed specialized acrylic resins and additives for a variety of uses. This establishes the Group as a major market partner for clients and as a leader in the supply of bio-attributed acrylic materials worldwide.

Franklin Adhesives & Polymers introduced a line of emulsion detachable pressure-sensitive adhesives (PSAs) with adjustable performance balance in 2024. These adhesives comply with the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) regulations. Emulsion removable PSAs for polymer, glass, textured surfaces, and other applications are available in the new Covinax series. In addition to providing easy removal without leaving residue or harming materials including paper, plastics, glass, metal, and painted surfaces, removable PSAs provide temporary bonding.

EPS 2585, a high-solids waterborne acrylic emulsion with the capacity to formulate direct-to-metal applications at <100g/L VOC, was introduced by EPS - Engineered Polymer Solutions in 2023. High-performance general industrial and railcar coatings with exceptional hardness, block resistance, and early water resistance are advised to use EPS 2585.

In June 2023, BASF collaborated with Avient Corporation to come up with color grades for Ultrason® high-performance polymers. The Color grades of Ultrason® high-performance polymers were introduced worldwide due to an alliance between Avient Corporation and BASF. By providing end-to-end technical support ranging from base polymer to final painted product, this cooperation will bring specific benefits to clients within consumer food service, electrical electronics, and healthcare fields.

In the near future, it is anticipated that increased adhesive use in the automobile coating industry will considerably contribute to market growth. As environmental concerns grow, regulatory agencies like the Environmental Protection Agency (EPA) and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) are being forced to set strict guidelines to promote the use of bio-based products and reduce harmful environmental effects. Toluene, methyl chloride, styrene, acrylonitrile, and other harmful chemical emissions are under control thanks to regulations set by these regulatory organizations under the Clean Air Act.

These programs encourage the use of water-based emulsion polymers rather than synthetic ones. Thus, the expanding automobile sector is another factor driving the growth of the emulsion polymers market revenue.

The Global Emulsion Polymers Market Industry is projected to experience substantial growth over the coming years. In 2024, the market is anticipated to reach 33.8 USD Billion, with expectations of doubling to 66.3 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 6.33% from 2025 to 2035. Such projections reflect the increasing adoption of emulsion polymers across various industries, including construction, automotive, and consumer goods. The market's expansion is indicative of the rising demand for sustainable and high-performance materials, positioning emulsion polymers as a critical component in future industrial applications.

The Global Emulsion Polymers Market Industry experiences a notable surge in demand driven by the construction sector. As urbanization accelerates, the need for durable and sustainable building materials increases. Emulsion polymers are integral in producing paints, coatings, and adhesives, which are essential for modern construction. In 2024, the market is projected to reach 33.8 USD Billion, reflecting the sector's growth. This trend is expected to continue, with the market potentially doubling to 66.3 USD Billion by 2035, indicating a robust compound annual growth rate of 6.33% from 2025 to 2035. Such growth underscores the importance of emulsion polymers in meeting construction demands.

The Global Emulsion Polymers Market Industry benefits from the growth in the automotive and transportation sectors. Emulsion polymers are utilized in coatings, adhesives, and sealants, which are essential for vehicle manufacturing and maintenance. As the automotive industry shifts towards lightweight materials and eco-friendly solutions, the demand for high-performance emulsion polymers is likely to rise. This trend is supported by the increasing production of electric vehicles, which require advanced materials for efficiency and sustainability. The market's growth trajectory indicates a potential increase to 66.3 USD Billion by 2035, driven by these sectoral advancements.

Technological advancements play a pivotal role in shaping the Global Emulsion Polymers Market Industry. Innovations in polymerization techniques and formulations enhance the performance characteristics of emulsion polymers, making them more versatile for various applications. For instance, advancements in high-performance emulsions allow for improved adhesion, durability, and resistance to environmental factors. These developments not only meet the evolving needs of industries such as automotive and textiles but also contribute to the overall market growth. As manufacturers adopt cutting-edge technologies, the market is poised for significant expansion, potentially reaching 66.3 USD Billion by 2035.

The Global Emulsion Polymers Market Industry is increasingly influenced by stringent environmental regulations that promote the use of water-based products. Governments worldwide are implementing policies to reduce volatile organic compounds (VOCs) in industrial applications. Emulsion polymers, being water-based, align well with these regulations, offering a sustainable alternative to solvent-based products. This shift not only enhances product safety but also appeals to environmentally conscious consumers. As a result, manufacturers are likely to invest more in developing eco-friendly emulsion polymer solutions, further driving market growth. The emphasis on sustainability is expected to bolster the industry's expansion in the coming years.

The Global Emulsion Polymers Market Industry is significantly influenced by changing consumer preferences towards aesthetic and functional products. As consumers become more discerning, there is a growing demand for high-quality paints, coatings, and adhesives that not only offer durability but also enhance visual appeal. Emulsion polymers are at the forefront of this trend, providing formulations that meet both aesthetic and performance criteria. This shift in consumer behavior is likely to drive market growth, with projections indicating a rise to 66.3 USD Billion by 2035. Manufacturers are responding by innovating and diversifying their product offerings to cater to these evolving preferences.

By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. Asia Pacific Emulsion Polymers market accounted for USD 10.7 billion in 2021 and is expected to exhibit a significant CAGR of 43.2 percent growth during the study period. The end-user sectors, including automotive, construction, electronics, and packaging, have been driving demand for goods like paints, coatings, and adhesives. India, Thailand, Vietnam, Pakistan, and Malaysia are just a few of the nations where the manufacture of automobiles has seen a noteworthy increase.

The largest auto manufacturer in the world, China, intends to create 2 million electric vehicles (EVs) annually by 2020 and 7 million annually by 2025. Moreover, China's emulsion polymers market held the largest market share, and the Indian emulsion polymers market was the fastest-growing market in the Asia-Pacific region.

Further, the major countries studied in the market report are The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3:  EMULSION POLYMERS MARKET SHARE BY REGION 2021 (%)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

North America’s emulsion polymers market accounts for the second-largest market share. With the nation’s robust economy, favorable commercial real estate market fundamentals, and increased federal and state funding for infrastructure projects and institutional buildings, the construction industry in the United States has kept growing. The nation's expanding population is anticipated to increase housing demand. A further projection for the next ten years is the construction of around 20 million homes. Further, the U.S emulsion polymers market held the largest market share, and the Canadian emulsion polymers market was the fastest-growing market in the region.

Europe’s Emulsion Polymers Market is expected to grow at the fastest CAGR from 2022 to 2030. The demand for commercial construction is predicted to increase, especially in countries like Germany, France, Russia, and Spain. This is largely because more people are using the product to improve the aesthetics of structures. Experts in the field predict that the demand for new homes will increase by 350,000 annually through 2020, which would help the building industry. During the projected period, there is expected to be strong growth potential for non-residential and commercial buildings in the nation.

Further, the German emulsion polymers market held the largest market share, and the UK emulsion polymers market was the fastest-growing market in the European region.

The emulsion polymers market will keep expanding since the major market players are spending a lot of money on R&D to broaden their product offerings. Market participants are engaged in several strategic initiatives to expand their worldwide presence, in addition to important market developments such as new product releases, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. Competitors in the emulsion polymers industry must offer products at competitive prices if they want to thrive and survive in a hostile climate where competition and the market are expanding.

One of the primary business strategies manufacturers use in the worldwide emulsion polymers industry to assist clients and expand the market sector is local production to reduce operational costs. Recently, the emulsion polymers industry has contributed some of the most significant advantages to medicine. Emulsion Polymers major market players, including Omnova Solutions Inc. (U.S), DIC Corporation (Japan), The Dow Chemical Company (U.S), and Celanese Corporation (U.S), are investing in R&D activities to boost consumer demand.

Celanese Corporation, previously Hoechst Celanese, is a technology and specialty materials corporation based in Irving, Texas. The Fortune 500 firm is the world's top producer of acetic acid, generating around 1.95 million tonnes per year, accounting for approximately 25% of  production. Celanese is also the largest manufacturer of vinyl acetate monomers in the world. In January 2020, Celanese will begin a debottlenecking operation at its Nanjing VAE production facility in 2022, with a capacity of 20,000 metric tonnes per year.

Celanese will increase VAE production capacity at its Nanjing site by 65,000 metric tonnes per year by building a third VAE reactor by late 2022, bringing overall VAE capacity at the Nanjing facility from 130,000 to 215,000 metric tonnes per year. Through Celanese's sustainable products and solutions, in the end, uses like redispersible powders and waterproofing, these expansion steps complement emulsion polymers growth aspirations in Asia.

Also, Synthomer PLC creates, manufactures, and distributes tackifying resins and adhesive additives. The company concentrates on appealing end markets such as packaging, cleanliness, and high-performance tire additives. Synthomer serves customers in the United Kingdom. Polymers from the company assist customers in developing new goods and improving the performance of existing products in major industries such as coatings, construction, textiles, paper, and synthetic latex gloves. In April 2020, Synthomer plc bought Omnova Solutions Inc., a specialty chemical company and a leading supplier of water-based polymers solutions.

The acquisition significantly boosts Synthomer's footprint in North America while expanding its presence in Europe and Asia, including additional penetration into the rapidly expanding Chinese market. Synthomer seeks to boost production and service by leveraging best practices across the larger Group.

H.B. Fuller announced on May 2023 the acquisition of Beardow Adams, a British family business involved in making multi-purpose industrial adhesives. The acquisition of the company will contribute to profitable growth in end markets and will generate business synergies through production optimization, a broader distribution platform, and differentiated innovation.