Rockville, May 29, 2023 (GLOBE NEWSWIRE) -- The recent research analysis by Fact.MR on the global market global pvc emulsion provides a thorough overview of the industry’s product, end-user, and region categories. It also offers comprehensive details on important players and the crucial tactics they are turning to for gaining an upper hand over their competitors.
Fact.MR – A Market Research and Competitive Intelligence Provider: On the basis of analysis by Fact.MR, the global PVC emulsion market is estimated to be valued at US$ 3.5 billion in 2023 and is estimated to grow at a CAGR of 4.2% during the forecast period of 2023-2033.
PVC emulsion is used as a sealant in the automotive industry due to its excellent abrasion and chemical resistance, compression set, impact resistance, and water absorption. This product has a wide range of applications, such as the sealing of automotive body panels and related equipment parts as well as preventing the formation of rust at junctions. Thus, increasing the demand for the product in the coming years.
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With the growing population and rise in disposable income, demand for residential and commercial buildings is increasing. Since PVC emulsion is soft, as well as flexible, it is widely used in the manufacture of floors and ceilings. Further, its lightweight and strong nature drive the sale of the product.
Increased investment in infrastructure development is expected to boost the market value of PVC emulsions in the coming years. Several countries are investing heavily in infrastructure projects such as airports, ports, and railway corridors. Hence, it increases the demand for PVC emulsions in the infrastructure sector in the near future.
Key Takeaways from Market Study
- The global PVC emulsion market is estimated to be valued at US$ 3.5 billion in 2023
- The projected CAGR for the PVC emulsion market from 2023 to 2033 will be 4.2%
- Flooring and wall covering segments are the highest demand generator for PVC emulsions
- Chemplast Sanmar Limited Group, Kem One, SCG Chemicals Co., Ltd., Kaneka Corporation, and Rus Vinyl LLC are among prominent players operating in the market
- East Asia is projected to dominate the global demand for PVC Emulsions with more than 1/4th of the total revenue share
“Growing Demand from Construction & Automotive Industries to Accelerate the PVC Emulsion Market Growth” says a Fact.MR analyst.
Market Growth Stratagems
Companies are focusing on research and development to create new and improved products that meet the changing demands of customers. This can include developing more sustainable products or finding ways to reduce costs while maintaining quality. Companies are also expanding their product offerings by diversifying into related markets, such as additives or plasticizers, or by expanding their geographic reach to new regions.
Eminent Players Key Stratagems
Companies are establishing strategic partnerships or acquiring other companies to gain access to new technologies, markets, or distribution channels. Companies are prioritizing customer needs and preferences by providing excellent customer service, customized products, and timely delivery. Further, companies can adopt sustainable practices and develop environmentally friendly products to meet the growing demand for eco-friendly alternatives. Some of the key strategies adopted and implemented by market players are as follows
- Kaneka Corporation launched its new range of Kaneka’s Paste PVC “Kanevinyl Paste” for wallpapers, flooring, and other applications used in everyday life.
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Fact.MR has provided detailed information about the price points of key manufacturers of PVC emulsion positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Key Companies Profiled
- Chemplast Sanmar Limited Group
- Kem One
- SCG Chemicals Co., Ltd.
- Kaneka Corporation
- Rus Vinyl LLC
Segmentation of PVC Emulsion Industry Research
- By Application :
- Flooring & Wall Covering
- Synthetic Leather Manufacturing
- Automotive Mastic & Sealants
- Fabric Coatings
- Surface Coatings
- Printing Inks & Adhesives
- Others
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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What differences can the pvc emulsion report make on the revenue impacts and strategies of businesses?
Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the pvc emulsion and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:
- Attractiveness quotient of emerging product/technology types in various products in the pvc emulsion
- Micro-economics factors that may hamper the prospects of some of the key segments
- Recent spate of research and development (R&D) funding on key pvc emulsions
- New business models paving way for disruptions in demand dynamic of key segments
- Regional markets that will be future engine of growth and the industry trends that will support these markets
- Challenges overcoming which may offer industry players competitive edge
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the PVC emulsion market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of application (flooring & wall coverings, synthetic leather manufacturing, automotive mastic & sealants, fabric coatings, surface coatings, printing inks & adhesives, and others) and across major regions of the world.
Check out more related studies published by Fact.MR Research:
uPVC Market: The global uPVC market valuation is USD 51.37 Billion in 2022. The market is anticipated to expand and reach USD 99.18 Billion by end of 2032. The industry was likely to expand with a CAGR of 6.8% in the forecast period.
Bio-Based PVC Market Size: The market is likely to grow with a CAGR of 4% in the forecast period. The industrial shift to use bio-based polymers for achieving their sustainability goals is driving the growth of the Bio-based PVC market.
Pigment Emulsion Market Growth: The global pigment emulsion market experienced year-on-year (YoY) growth of 1% to reach US$ 12.6 billion at the end of 2021. As per forecasts, sales of pigment emulsions are predicted to increase at 7.6% CAGR and reach a market valuation of US$ 28.3 billion by the end of 2032.
Emulsion Adhesives Market Demand: The global emulsion adhesives market has been predicted to advance at a CAGR of 7.4% through 2033, with the market increasing from a valuation of US$ 18.5 billion in 2023 to US$ 38 billion by 2033-end.
PVC Plasticizers and Stabilizers Market Share: PVC plasticizers and stabilizers are types of additives that are widely used in the plastics industry. The PVC plasticizers are infused into plastics to deliver flexibility and elasticity owing to the utilization in the wiring and cable industry.
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