SELBYVILLE, Del., Dec. 15, 2017 /PRNewswire-iReach/ -- Synthetic
and Bio Emulsion Polymers Market have been gaining remarkable
traction in recent years, on account of the fact that these
products are extensively deployed in the paint & coatings and
paper & paperboard coatings sectors. Paints and coatings, as is
distinctly known, are hugely demanded across the aerospace,
manufacturing, automotive, and marine sectors, which incidentally
will boost synthetic and bio emulsion polymers industry share over
the years ahead.
Styrene and acrylics are major petrochemical raw materials for
manufacturing synthetic based products. These are produced as
by-products of crude oil and natural gas. Cost concern regarding
volatile petrochemical oil index may hinder emulsion polymers price
trend.
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Positive application outlook in adhesives, paints & coatings
and paper & paper board coatings industry may stimulate market
emulsion polymer market growth. Polymer emulsions have low VoCs
compared to solvent-borne polymers and results in strong
application in end-use industries such as automobile, construction
and consumer durables.
Supporting regulatory guidelines by REACH & EPA regarding
usage of environment friendly products along with increasing
awareness regarding the concept of green buildings will promote
product demand. Better shelf life & recyclability, superior
standards and easy handling & usage over its counterparts, may
stimulate emulsion polymers market size.
Synthetic emulsion polymers demand from paint & coatings
applications may surpass USD 16
billion by the end of projected timespan. It is widely used
owing to its low VoC content, making it environment friendly
product. The manufacturing process has lower carbon footprint as it
consumes less energy. Low operational cost and positive application
scope in marine, construction, aviation and automotive will boost
product demand.
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Speaking on similar lines, subject to this extensive requirement
for non-VoC products, Europe
emulsion polymer industry share has been projected to surpass
USD 10 billion by the end of 2024.
Germany, UK, and France have been projected to be the key
revenue pockets of Europe
synthetic and bio emulsion polymers market, pertaining to the fact
that these countries are strong automotive hubs of the
continent.
India emulsion polymers market
size may witness significant gains at over 7% by 2024. Rapid growth
of construction, consumer durables and automotive industry along
with strong base for chemical industries will drive product demand.
Increasing investments to improve its existing portfolio and launch
new products by various companies will boost industry growth.
Browse key industry insights spread across 180 pages with 162
market data tables & 11 figures & charts from the report,
"Synthetic and Bio Emulsion Polymers Market Share &
Forecast, 2017 – 2024" in detail along with the table of
contents:
https://www.gminsights.com/industry-analysis/synthetic-and-bio-emulsion-polymer-market
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