Polymer dispersions are water-borne emulsion polymers with colloidal particles in a stabilized state, the most widely known being latex. Polymer dispersions are primarily employed to provide protection from water, water vapor, grease, and other substances. Polymer dispersions are used in various application such as inks, adhesives, paints, coatings, papers, and sealants. The type of polymer dispersion to be used is selected based on the particle size and presence of solid content.
The growth of the global dispersion market is driven by the increasing demand in paints and coatings. Polymer dispersions are widely used in manufacturing decorative and protective paints and coatings; increasing construction activities in developing and developed economies across the globe are, therefore, expected to boost the demand for polymer dispersions in paints and coatings. The acrylic dispersion segment of the global polymer dispersion market, by type, is expected to be the fastest-growing during the forecast period. This is due to the widespread use of acrylic dispersions in the production of water-based coatings as they are more environmentally friendly than solvent-based dispersions. Strict environmental regulations on the use of solvent-based dispersions due to VOC emissions are further expected to drive the demand for polymer dispersions in the coming years.
Key Players
Some of the key players in the global polymer dispersion are BASF SE (Germany), Arkema (France), DIC Corporation (Japan), Akzo Nobel NV (Netherlands), Asahi Kasei Corporation (Japan, Clariant AG (Switzerland), Momentive Performance Materials Holdings LLC (US), Nuplex Industries Ltd (Australia), Omnova Solutions (US), Wacker Chemie AG (US), Trinseo SA (US), the Dow Chemicals Company (US), Asian Paints Ltd (India), Celanese Corporation (US), Cytec Industries Inc. (US), Financiera Maderera SA (Spain), Eastman Chemical Company (US), and Lubrizol Corporation (US).
Polymer Dispersion Market Share, by Application, 2017 (%)
Source: MRFR Analysis
Regional Analysis
Asia-Pacific is expected to be the fastest-growing polymer dispersion market, with India and China as the leading country-level markets. The use of polymer dispersions in decorative and protective coatings is projected to drive market growth in Asia Pacific owing to the rising consumer awareness of the toxicity of VOC , coupled with the increasing adoption of green coatings application in the construction and automotive industries.
North America was the largest market for polymer dispersion in 2017 owing to growing awareness of the adverse effects of VOC on the environment and human health resulting in the use of polymer dispersions over solvent-based dispersions. The established automotive and construction industries in the region are expected to drive the demand for polymer dispersions during the forecast period, with increasing environmental scrutiny on the use of solvent-based dispersions.
The European market is expected to show moderate growth during the review period due to recent changes in the regulations concerning the emission of organic solvents, which have led to a growing interest in the use of polymer dispersions in high-performance water-based solvents.
The Latin American market is expected to grow at a significant rate during the review period with the expanding automotive industry in Brazil and Mexico. The market in the Middle East & Africa is likely to grow at a considerable rate in the coming years with increasing investments in the construction industry.
Segmentation
The global polymer dispersion market has been segmented by resin type, application, end-use industry, and region.
On the basis of resin type, the polymer dispersion market has been divided into polyurethane, acrylic, styrene butadiene, and vinyl.
Based on application, the polymer dispersion market has been categorized as carpets and fabric, adhesives and sealants, decorative and protective coatings, and printing ink.
By end-use industry, the market has been segregated into automotive, consumer goods, packaging, paints, and construction.
The polymer dispersion market has been studied with respect to five regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.Industry News:Mar 2021 - BASF has doubled the capacity of its acrylic dispersions production plant in Pasir Gudang, Malaysia. The production facility at Pasir Gudang is part of the Johor Port Free Trade Zone, which is a multi-purpose integrated free trade zone. The factory will manufacture acrylic dispersions for the Asia-Pacific coatings, construction, adhesives, and packaging industries. According to the business, the new line is fitted with condensate stripping recovery technology, which minimizes freshwater usage and wastewater generation. Pasir Gudang is crucial for exports to the region because it is located within the integrated multi-purpose Johor Port Free Trade Zone.November 2019 - BASF India Limited announced that they are planning to double their capacity of polymer dispersion. This would take place in Dahej, Gujarat. The company is preparing to grow its business opportunities in India and in other countries of South-East Asia.
Intended Audience
| Report Attribute/Metric | Details |
| Market Size | 2032: USD 1078.5 billion |
| CAGR | 2032: 4.69% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Resin Type, Application, End-Use Industry |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | BASF SE (Germany), Arkema (France), DIC Corporation (Japan), Akzo Nobel NV (Netherlands), Asahi Kasei Corporation (Japan, Clariant AG (Switzerland), Momentive Performance Materials Holdings LLC (US), Nuplex Industries Ltd (Australia), Omnova Solutions (US), Wacker Chemie AG (US), Trinseo SA (US), the Dow Chemicals Company (US), Asian Paints Ltd (India), Celanese Corporation (US), Cytec Industries Inc. (US), Financiera Maderera SA (Spain), Eastman Chemical Company (US), and Lubrizol Corporation (US). |
| Key Market Opportunities | New product launches and R&D Amongst major key Players |
| Key Market Drivers | increasing demand in paints and coatings |
Polymer Dispersion Market Highlights:
Frequently Asked Questions (FAQ) :
Polymer dispersion are primarily used to protect products from moisture, grease, and other substances. They are widely used in automotive, packaging, consumer goods, paints applications.
Rapidly growing packaging and automotive industry.
Asia Pacific holds the largest share in the global polymer dispersion market followed by North America and Europe, respectively.
Arkema (France), BASF SE (Germany), DIC Corporation (Japan), Asahi Kasei Corporation (Japan, Akzo Nobel NV (Netherlands), Clariant AG (Switzerland), Nuplex Industries Ltd (Australia), Momentive Performance Materials Holdings LLC (US), Omnova Solutions (US), Trinseo SA (US), Wacker Chemie AG (US), the Dow Chemicals Company (US), Celanese Corporation (US), Asian Paints Ltd (India), Cytec Industries Inc. (US), Eastman Chemical Company (US), Financiera Maderera SA (Spain), and Lubrizol Corporation (US), are some of the major players operating in the global polymer dispersion market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global polymer dispersion market adopt to gain a larger competitive advantage.
Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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