New York, Aug. 08, 2019 (GLOBE NEWSWIRE) -- According to the current analysis of Reports and Data, the global Polymer Emulsion market was valued at USD 35 Billion in 2018 and is expected to reach USD 59.20 Billion by year 2026, at a CAGR of 6.8%. The study covers polymer-based emulsions, which are further used in various industrial applications like the manufacturing sector, automobiles, paints and coatings, adhesives, etc. Polymers emulsions are preferred over their substitutes, due to their low VOC (Volatile Organic Compounds) content. An advantage associated with polymer emulsions is, the continuous water phase in it is an excellent conductor of heat, enabling fast polymerization without loss of temperature control.
The rising awareness among the consumers towards opting eco-friendly paints and emulsions, easy storage and development due to the non-flammable nature of polymer emulsions, superior end product quality, low carbon footprint in production activities, has led to the development of the polymer emulsion market. Availability of public as well private funds for research, and favorable regulatory scenario, are some of the key factors propelling market growth in the industry. However, tight government regulations towards environment protection, some of the polymer emulsion processes being energy-intensive, rising crude oil prices, are the major hindrance for market growth during 2019-2026.
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Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the Polymer Emulsion market on the basis of product type, application type, and region:
Type (Revenue, USD Million; 2016–2026)
Application Type (Revenue, USD Million; 2016–2026)
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Regional Outlook (Revenue, USD Billion; 2016-2026)
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