Quick Summary:
In the rapidly evolving Polymer Binders Market, informed decision-making is critical to maintaining competitiveness and driving future growth. Globally, the market which currently sits at US$28.8 Billion is predicted to nearly double, reaching a projected size of US$63.3 Billion by 2030. Our comprehensive market research report elucidates these trends, dissecting the global landscape, and briefing you on dominant segments like Acrylic and Vinyl Acetate.
Particularly noteworthy we identify the U.S and China, as these are anticipated to showcase rapid growth in the coming years. With the U.S market evaluated at US$7.9 Billion this year, and China projected to witness a phenomenal 15.4% CAGR, our report provides an expert analysis that keeps you at the cutting edge of your industry. Stay ahead of the market dynamics with our report, essential for executives who demand accurate, timely, and authoritative information to thrive in the global Polymer Binders market. We also provide an overview of key competitors, geographical breakdowns and emerging market trends.
Global Polymer Binders Market to Reach $63.3 Billion by 2030
The global market for Polymer Binders estimated at US$28.8 Billion in the year 2022, is projected to reach a revised size of US$63.3 Billion by 2030, growing at a CAGR of 10.3% over the analysis period 2022-2030. Acrylic, one of the segments analyzed in the report, is projected to record 10.8% CAGR and reach US$27.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Vinyl Acetate segment is readjusted to a revised 11.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 15.4% CAGR
The Polymer Binders market in the U.S. is estimated at US$7.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.2 Billion by the year 2030 trailing a CAGR of 15.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 9.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.Select Competitors (Total 34 Featured) -
- Arkema
- BASF SE
- Celanese Corporation
- Dairen Chemical Corporation
- DCC
- Dow
- OMNOVA Solutions Inc.
- Synthomer PLC
- Toagosei Co. Ltd
- Trinseo
- Wacker Chemie AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Polymer Binders?
What is the growth rate of the Global Market for Polymer Binders?
What is the forecasted size of the Global Market for Polymer Binders?
Who are the key companies in the Global Market for Polymer Binders?
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 28.8 Billion |
| Forecasted Market Value ( USD | $ 63.3 Billion |
| Compound Annual Growth Rate | 10.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Arkema
- BASF SE
- Celanese Corporation
- Dairen Chemical Corporation
- DCC
- Dow
- OMNOVA Solutions Inc.
- Synthomer PLC
- Toagosei Co. Ltd
- Trinseo
- Wacker Chemie AG
