[123 Pages Report] The Polymer Binders Market size is projected to grow from USD 24.1 billion in 2018 to USD 35.0 billion by 2023, at a CAGR of 7.8% during the forecast period. It is segmented into various types, such as acrylic, latex, and vinyl acetate. The market is also segmented on the basis of form into liquid, powder, and high solids. Polymer binders have wide applications such as architectural coatings, adhesives & sealants, textile & carpets, paper & board, and construction additives. The demand for polymer binders is majorly driven by the architectural coatings application. Polymer binders are used in the formulation of decorative paints & coatings as a binding agent for pigments.
Download PDF brochure of the report for more industry insights: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80334872
The key companies have adopted various inorganic and organic growth strategies, such as new product launch, acquisition, and expansion, to strengthen their foothold in the polymer binders market. BASF (Germany), DowDuPont (US), Wacker (Germany), Celanese (US), and Arkema (France) are some of the leading players operating in the polymer binders market. New product launch was the key growth strategy adopted by the leading players between 2015 and 2018 to strengthen their product portfolio and business prospects.
https://www.marketsandmarkets.com/Market-Reports/polymer-binder-market-80334872.html
Drivers & Opportunities in global industry:
DowDuPont (US) is one of the leading polymer binder manufacturers that operate globally. It is ranked second in the polymer binders market. In 2017, the company launched a new polymer binder for the paper & board. The company caters to all major applications and operates globally in this market. Its wide range of product offering for wide applications areas has helped the company to capture a major share of the polymer binders market.
Wacker (Germany) is another leading player in the polymer binders market. It specializes in vinyl acetate-based polymer binders, leading in this segment with the largest global production capacity. The company adopted the strategy of new product launch to maintain its competitive position in the polymer binders market. In 2017, the company launched six new polymer binders for applications such as architectural coatings, adhesives & sealants, paper & board, and textile & carpets.
APAC has the largest populous countries such as China and India. These countries are rapidly going through infrastructural development to meet public and private infrastructural needs, owing to which the demand for polymer binders in these countries is high. The presence of rapidly growing economies along with growing per capita paint consumption across the region is driving the polymer binders market. In addition, the presence of largest textile producing countries, such as India, China, and South Korea, is also favourable for the growth of the polymer binders market. China is the world’s largest consumer of adhesives & sealants, making China a favourable polymer binders market.
Early buyers will receive 10% customization on this report.
Don't miss out on business opportunities in Polymer Binders Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=80334872
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Download PDF brochure of the report for more industry insights: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80334872
The key companies have adopted various inorganic and organic growth strategies, such as new product launch, acquisition, and expansion, to strengthen their foothold in the polymer binders market. BASF (Germany), DowDuPont (US), Wacker (Germany), Celanese (US), and Arkema (France) are some of the leading players operating in the polymer binders market. New product launch was the key growth strategy adopted by the leading players between 2015 and 2018 to strengthen their product portfolio and business prospects.
https://www.marketsandmarkets.com/Market-Reports/polymer-binder-market-80334872.html
Drivers & Opportunities in global industry:
- Growth in the Global Construction Industry
- Increasing Demand From Technical Textile
- Rising Per Capita Paint Consumption
- Increased Demand for Water-Based Polymer Binders in Emerging Markets
DowDuPont (US) is one of the leading polymer binder manufacturers that operate globally. It is ranked second in the polymer binders market. In 2017, the company launched a new polymer binder for the paper & board. The company caters to all major applications and operates globally in this market. Its wide range of product offering for wide applications areas has helped the company to capture a major share of the polymer binders market.
Wacker (Germany) is another leading player in the polymer binders market. It specializes in vinyl acetate-based polymer binders, leading in this segment with the largest global production capacity. The company adopted the strategy of new product launch to maintain its competitive position in the polymer binders market. In 2017, the company launched six new polymer binders for applications such as architectural coatings, adhesives & sealants, paper & board, and textile & carpets.
APAC has the largest populous countries such as China and India. These countries are rapidly going through infrastructural development to meet public and private infrastructural needs, owing to which the demand for polymer binders in these countries is high. The presence of rapidly growing economies along with growing per capita paint consumption across the region is driving the polymer binders market. In addition, the presence of largest textile producing countries, such as India, China, and South Korea, is also favourable for the growth of the polymer binders market. China is the world’s largest consumer of adhesives & sealants, making China a favourable polymer binders market.
Early buyers will receive 10% customization on this report.
Don't miss out on business opportunities in Polymer Binders Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=80334872
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Comments
Post a Comment