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SOURCE Research and Markets
DUBLIN, Feb. 26, 2014 /PRNewswire/ --
Research and Markets
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The key ingredients required for the production of emulsion polymer include co-monomer such as styrene, butyl acrylate, etc. which are primarily used to produce acrylics, vinyl acetates, styrene-butadiene latex amongst others. Emulsion polymers are primarily employed in the production of synthetic rubber, resins, textile coatings, latex gloves and so on. Emulsion polymers are commercially available as styrene butadiene latex, acrylics, vinyl acetates, and ethylene vinyl acetate. Based on their physical and chemical properties, emulsion polymer can be used in different applications such as paints & coatings, paper & paperboard coatings, textiles, packaging & construction, etc.
The revenue generated by the global emulsion polymer market was USD 28.24 billion in 2012, which is expected to grow to USD 41.63 billion by 2019, growing at a CAGR of 5.7% from 2013 to 2019. Acrylics and styrene-butadiene latex accounted for the largest share of the emulsion polymer market in terms of both volume and revenue in 2012. Vinyl acetate polymers and ethylene vinyl acetate emulsion polymers are the other key types used in the market.
Among the various application segments for emulsion polymers, the paint and coating market is a major consumer of EP and high demand of acrylics in this segment is expected to drive market growth in the future. The demand for emulsion polymers in the paint and coating market is expected to grow in the Asia Pacific region due to improved standard of living and stable economic condition in the region, leading to an increase in infrastructure activities. Housing and construction activities have been on a rise in the developed as well as developing countries. With over 30% share in total volume consumed, paints & coatings was the largest outlet for emulsion polymers in 2012. Adhesive industry is expected to be the second fastest application market for emulsion polymers and is expected to exhibit CAGR of 4.7% from 2013 to 2019.
Stringent environmental regulations regarding volatile organic compounds (VOCs) in Europe will drive the demand for water based EPs in the region. Environmental Protection Agency (EPA) under the Clean Air Act (1990) set some standards for emission of chemicals such as styrene, methyl chloride, acrylonitrile and toluene, among others. VOCs are toxic in nature and have harmful effects on human health and environment, contributing to respiratory illnesses.
Key Topics Covered:
2 Executive Summary
3 Emulsion Polymers - Industry Analysis
4 Emulsion Polymers - Product Segment Analysis
5 Emulsion Polymer - Application Analysis
6 Emulsion Polymer - Regional Analysis
7 Company Profiles
For more information visit http://www.researchandmarkets.com/research/gmbsh6/emulsion_polymer
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