Asia Pacific Polymer Binders Market Size & Outlook
The polymer binders market in Asia Pacific is expected to reach a projected revenue of US$ 22,908.1 million by 2030. A compound annual growth rate of 7.9% is expected of Asia Pacific polymer binders market from 2024 to 2030.
Revenue, 2023 (US$M)
$13,420.6
Forecast, 2030 (US$M)
$22,908.1
CAGR, 2024 - 2030
7.9%
Report Coverage
Asia Pacific
Asia Pacific polymer binders market highlights
- The Asia Pacific polymer binders market generated a revenue of USD 13,420.6 million in 2023.
- The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, acrylic was the largest revenue generating type in 2023.
- Acrylic is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 13,420.6 million |
| Market revenue in 2030 | USD 22,908.1 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Acrylic |
| Fastest growing segment | Acrylic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acrylic |
| Key market players worldwide | Basf SE ADR, Wacker Chemie AG, OMNOVA Solutions, Inc., Celanese Corp Class A, Arkema SA, Dairen Chemical Corporation, Toagosei, Weifang Yingsheng Chemicals Co., Mayfairsilk, Vinavil, The Lubrizol Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 39.7% of the global polymer binders market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 22,908.1 million by 2030.
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Polymer Binders Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vinavil | View profile | 101-250 | Deerfield Beach, Florida, United States, North America | https://www.vinavil.com/us/en/home-page |
| OMNOVA Solutions, Inc. | View profile | 1001-5000 | Fairlawn, Ohio, United States, North America | http://www.omnova.com |
| Weifang Yingsheng Chemicals Co. | View profile | 11-50 | Weifang, Shandong, China, Asia | http://www.yingshengchem.com |
| Mayfairsilk | View profile | 1-10 | London, England, United Kingdom, Europe | https://mayfairsilk.com |
| Basf SE ADR | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Toagosei | View profile | 1001-5000 | Minato, Chiba, Japan, Asia | http://www.toagosei.co.jp/ |
| Dairen Chemical Corporation | View profile | - | Taipei, T'ai-pei, Taiwan, Asia | https://www.dcc.com.tw/dccweb.nsf/HomepageEN/ |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| Wacker Chemie AG | View profile | 16378 | Hanns-Seidel-Platz 4, Munich, BY, Germany, 81737 | https://www.wacker.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
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