Polymer Emulsions Market - North America Industry Analysis, Size, Share, Growth , Trends, and Forec

Polymer Emulsions Market - North America Industry Analysis, Size, Share, Growth , Trends, and Forecast The North America polymer emulsions market size is projected to expand at a high CAGR during the forecast period. Growth of the market is attributed to rising demand from end users.

Emulsion polymerization is a type of radical polymerization that begins with an emulsion that contains water, monomer, and surfactant. An oil-in-water emulsion is the most common type of emulsion polymerization, in which droplets of monomer are emulsified in a continuous phase of water. The demand for residential building construction is expected to be low, as people are discouraged from looking for new homes due to negative consumer sentiment and low incomes.

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Market Trends, Drivers, Restraints, and Opportunities    

Increasing demand from end user industries is projected to drive the market.

Rising acceptance of green building in the region has fueled the market.

High cost of raw material is estimated to hinder the market growth.

Development of bio based polymer emulsion is anticipated to create immense opportunities for the market players.

Market Segment Insights: The acrylics segment is projected to hold a major market share

Based on types, the North America polymer emulsions market is segregated into acrylics, polyurethane dispersions, styrene butadiene latex, vinyl acetate, and others. The acrylics segment accounts for the major market share. Growth of the market is attributed to expand at a high CAGR during forecast period. Due to factors such as low VOC emission and excellent durability, acrylic polymer emulsion is widely used in a variety of applications. Because of its versatility, it is also preferred in a variety of enduse applications. Acrylics are used to make polymers that are rigid, flexible, ionic, nonionic, hydrophobic, or hydrophilic. They are transparent, resistant to breakage, have a high finish gloss, and improved adhesion to non-porous surfaces.

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Competitive Landscape Major players competing in the North America polymer emulsions market include Akzo Nobel N.V., Arkema Group, BASF SE, Clariant, and Dow. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

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