Rapidly growing construction sector globally, coupled with increasing per capita income and rising use of paints in various countries across the globe is a key factor driving market revenue growth.
Market Size - USD 27.94 Billion in 2020, Market Growth - CAGR of 7.7%, Market Trends - Rising adoption of technologically advanced products such as technical textiles.
The global polymer binders market size is expected to reach USD 50.51 Billion in 2028, and register a CAGR of 7.7% during the forecast period. Rapid, urbanization, global population growth, rising government infrastructure development initiatives, and rising adoption of technical textiles are some of the major factors expected to drive growth of the global polymer binders market.
Increasing demand of technical textile from various end-use industries such as automotive, healthcare, construction, and geotextile among others is expected to drive market revenue growth.
Polymer binders are generally used as mortars and are being increasingly used in buildings and other structures. They are generally used as protective coatings on concrete, reinforced concrete and sometimes on steel. Increasing global construction activities is expected to lead to an increase in the demand for architectural coatings and mortar.
Some Key Findings From the Report:
For the purpose of this report, the global polymer binders market is segmented on the basis of type, form, application and region:
Type Outlook (Revenue, USD Billion; 2018 - 2028)
Form Outlook (Revenue, USD Billion; 2018 - 2028)
Application Outlook (Revenue, USD Billion; 2018 - 2028)
Region Outlook (Revenue, USD Billion; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 27.94 Billion in 2020, Market Growth - CAGR of 7.7%, Market Trends - Rising adoption of technologically advanced products such as technical textiles.
The global polymer binders market size is expected to reach USD 50.51 Billion in 2028, and register a CAGR of 7.7% during the forecast period. Rapid, urbanization, global population growth, rising government infrastructure development initiatives, and rising adoption of technical textiles are some of the major factors expected to drive growth of the global polymer binders market.
Increasing demand of technical textile from various end-use industries such as automotive, healthcare, construction, and geotextile among others is expected to drive market revenue growth.
Polymer binders are generally used as mortars and are being increasingly used in buildings and other structures. They are generally used as protective coatings on concrete, reinforced concrete and sometimes on steel. Increasing global construction activities is expected to lead to an increase in the demand for architectural coatings and mortar.
Some Key Findings From the Report:
- Among the type segments, the acrylic segment accounted for the largest revenue share of 38.5% in 2020. The vinyl acetate segment is expected to register a robust revenue growth rate during the forecast period, due to increasing adoption of vinyl acetate in various end use industries such as paper and board.
- North America market accounted for the largest revenue share in the global market in 2020, due to increasing number of construction, renovation and infrastructural development projects, and rapid industrialization in countries in the region.
- The Asia Pacific market size was USD 9.33 Billion in 2020, and revenue from the regional market is expected to expand at a robust revenue growth rate during the forecast period.
- Key players profiled in the report include BASF SE, DowDuPont, Celanese Corporation, Arkema, Wacker, Taogosei, Synthomer, Dairen Chemical, and OMNOVA. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global polymer binders market is segmented on the basis of type, form, application and region:
Type Outlook (Revenue, USD Billion; 2018 - 2028)
- Acrylic
- Vinyl Acetate
- Latex
- Others
Form Outlook (Revenue, USD Billion; 2018 - 2028)
- Liquid
- Powder
- High Solids
Application Outlook (Revenue, USD Billion; 2018 - 2028)
- Architectural Coatings
- Adhesives & Sealants
- Textile & Carpets
- Paper & Board
- Construction Additives
- Others
Region Outlook (Revenue, USD Billion; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Polymer Binders Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Polymer Binders Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Polymer Binders Market Segmentation & Impact Analysis
Chapter 4. Polymer Binders Market Type Insights & Trends
Chapter 5. Polymer Binders Market Form Insights & Trends
Chapter 6. Polymer Binders Market Application Insights & Trends
Chapter 7. Polymer Binders Market Regional Outlook
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
Companies Mentioned
- BASF. DowDuPont
- Celanese Corporation
- Arkema
- Wacker
- Taogosei
- Synthomer
- Dairen Chemical
- OMNOVA.
