Global Polymer Dispersion Market is expected to reach USD 12.17 Billion by 2024 from USD 7.01 Billion in 2016 at a CAGR of 8.2.
Polymer dispersion market is mainly driven by leather industry as polymer dispersions are extensively involved in their manufacture. Shifting commodity prices Cheap Mikko Rantanen Hat , the strength of private label brands, rise in R&D investments and increased competition among players in polymer dispersion market is driving the market of polymer dispersion market. Strict environmental regulations on high volatile organic compound (VOC) emission is also predicted to further drive the growth of the polymer dispersion market in the forecast.
Global Polymer Dispersions Market Polymer dispersion are water-borne emulsion polymers in stabilized state with colloidal particles. Polymer dispersion are used by various industry verticals in numerous applications such as for inks, paints, coatings, adhesives Cheap Gabriel Landeskog Hat , papers, sealants and decorative and protective coating.
Acrylic dispersions segment is accounts major share of polymer dispersion market. Large use of acrylic dispersions in the production of water-based coatings for decorative and paper coating applications will further assist to increase its revenue.
Decorative & protective coating, paper, carpet & fabrics, printing ink Cheap Nathan MacKinnon Hat , adhesives & sealants and others are various application segments of polymer dispersion market. Decorative & protective coating application is predicted to grow at highest CAGR attributed to growing housing projects in the emerging economies.
Geographically, the polymer dispersion market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. North America is expected to be one of the largest market for polymer dispersions during the forecast period. This is due to its large demand for coating applications Cheap Matt Duchene Hat , mainly in interior and furniture coating.
