Global Styrene Acrylic Emulsion Polymer Market was valued at USD xx Bn in 2019 and is expected to reach at USD xx Bn by 2027 at a CAGR of xx% over forecast period 2020-2027.
The report covers an in depth analysis of COVID 19 pandemic impact on Global Styrene Acrylic Emulsion Polymer Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Global Styrene Acrylic Emulsion Polymer Market Dynamics;
Styrene-acrylic emulsion polymers are water based polymers that can be produced from styrene and various acrylate esters such as methyl methacrylate, butyl acrylate, 2-ethylhexyl acrylate and acrylic acid. Various factors such as an increasing use of styrene acrylic emulsion polymer in packaging material such as envelopes, tapes, and labels, growth in consumption of water based emulsion has propelled the usage of styrene acrylic emulsion polymer in paints & coatings industry, growing consumer awareness regarding harmful effects of solvent based emulsion and increasing importance as an Opacifier in cosmetics & personal care industry are mainly driving the global styrene acrylic emulsion polymer market over forecast period.
However, factors such as high price of raw material styrene, stringent regulations and availability of substitutes are restraining the market growth over forecast period.
Global Styrene Acrylic Emulsion Polymer Market is segmented by application, by end user and by region. By end user, paints and coating held 38.65% of market share in 2019 and is expected to keep its dominance over forecast period.
Consumers are focusing quality and appearance and as a result, increasing demand for enhanced quality paints and technology driven coatings is expected to drive product demand over the forecast period.Furthermore, increasing preference for odour-free products that contain low VOCs is spurring growth of paints and coatings segment. The primary reason for this preference is the stringent environmental regulations and policies that are in favour of environment-friendly products.
Paints and coating segment is followed by Paper and packaging end user segment.
By geography, Asia Pacific dominated the global market with xx% of market share in 2019 and is expected to keep its dominance over forecast period. Increasing demand for styrene acrylic emulsion polymer from developing countries such as China, India, Vietnam, Malaysia and Japan due to increasing construction activities and development in paints & coatings industry is mainly driving the market growth in this region.
Moreover, the availability of cheap raw material, land, equipment, and skilled labour are some of the factors also boosting the market growthin this region. APAC is followed by North America and Europe. North America is expected to hold xx% of market share over forecast period owing to increased spending on construction activities and growing investment by manufacturers. The U.S. is largest styrene acrylic emulsion polymer market in the region followed by Canada.
Europe is expected to hold xx% of market share over forecast period. stringent regulation imposed by European Chemicals Agency (ECHA) and European Environment Agency (EEA) on the emission rate of VOCs compel regional manufacturer to shift their focus towards production of environment friendly paints which is expected to boost the styrene acrylic emulsion polymer market growth in this region. The Middle East & Africa is expected to hold xx% of market share over forecast period owing to the rising development activities along with the increasing demand for VOC free paint, especially in United Arab Emirates (UAE) and Qatar is expected to drive the regional market growth.
Report covers in depth analysis of key development, marketing strategies, value chain, supply chain and company profiles of market leaders, potential players and new entrants.These key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, collaborations, strategic alliances, expansion, joint ventures, new product launches, patent and diversification to increase regional presence and business opeartions.Celanese Corporation (U.S.) is emerging as leading market players in this market.
Celanese Corporation (U.S.) produce products that make lives a little easier, by helping customers to bring their inspired ideas and innovations to life. From the global production network of Styrene Acrylic Emulsion PolymerChain, they provide materials that are critical to the global chemicals and paints and coatings industries. They have approximately 7,500 employees working to serve customers around the world. From Dallas to Amsterdam to Shanghai, they manage a global network of commercial offices, technical centers, and twenty-seven production facilities and additional strategic affiliate production facilities.Celanese manufactures styrene acrylic copolymer dispersions for use in a variety of industrial and consumer end-use applicationssuch as architectural decorative coatings, construction products as ceramic tile adhesives, fillers, putties and elastomeric roof coatingsglass-fiber secondary binder applications, such as wall coverings.
The objective of the report is to present a comprehensive analysis of the Global Styrene Acrylic Emulsion Polymer Marketincluding all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Styrene Acrylic Emulsion Polymer Market dynamics, structure by analyzing the market segments and project Global Styrene Acrylic Emulsion Polymer Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Styrene Acrylic Emulsion Polymer Market make the report investor’s guide.
Scope of Global Styrene Acrylic Emulsion Polymer Market
Global Styrene Acrylic Emulsion Polymer Market segmentation, by Application
Global Styrene Acrylic Emulsion Polymer Market segmentation, by End Users
• Paper & Packaging
• Building & Construction
• Paints & Coatings
• Cosmetics & Personal Care
Global Styrene Acrylic Emulsion Polymer Market segmentation, by Region
• North America
• MEA& Africa
• South Africa
Global Styrene Acrylic Emulsion Polymer Market Major Players
• Celanese Corporation (U.S.)
• Pexi Chem Private Limited. (India)
• The Dow Chemical Company (U.S)
• H.B. Fuller (U.S.)
• Acquos (Australia)
• Xyntra Chemicals B.V. (Netherlands)
• The Lubrizol Corporation (U.S.)
• Mallard Creek Polymers, Inc.
• Specialty Polymers Inc.
• STI Polymer
• Engineered Polymer Solutions
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