Emulsion Polymer Market Size To Reach $49.35 Billion By 2030

Emulsion Polymer Market Growth & Trends

The global emulsion polymer market size is anticipated to reach USD 49.35 billion by 2030 and it is projected to grow at a CAGR of 6.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing construction activities across the world and growing application of emulsion polymers in the paint and coatings industry are driving the market.

Polymer emulsion is in high demand in a variety of industries because of its unique features, environmental benefits, and versatility of application. This increased need is attributed to a greater emphasis on environmental standards, and sustainability has resulted in a move to water-based systems in businesses that formerly relied on solvent-based formulations. Furthermore, polymer emulsions are used in the construction industry for applications such as waterproofing, cement modification, and surface treatments, which contributes to increased demand.

The increasing awareness among consumers of paint concepts and protective coatings, as well as the developing trend in interior decor, are driving the expansion of the emulsion resin market. Another factor driving market growth is the growing usage of paints and coating solutions in the automobile industry. Furthermore, customer demand for ecologically friendly products that provide a safe and healthy environment has increased global demand for water-based polymer emulsions. Population expansion is a result of global urbanization, which is likely to boost the need for housing, resulting in growing demand for end-user commodities.

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Emulsion Polymer Market Report Highlights

• Based on type, acrylic polymer dominated the type segment with more than 41.0% share in 2023 owing to increasing demand for high-performance materials, the need for lightweight and durable materials, and growth in end-use industries

• Based on application, the paint & coatings application segment is expected to grow at the fastest CAGR over the forecast period

• Based on end-use, the building & construction segment held the largest market share of 37.7% in 2023. This growth can be attributed worldwide infrastructure development and increasing commercial and residential sector

• The rise in residential and commercial construction projects due to the growing housing needs and notable growth opportunities prevailing in the market

• Asia Pacific dominated the market owing to the increased investment in construction projects, a growing middle class, improved lifestyles and increased purchasing power of consumers

• In October 2023, BASF launched line of emulsions for architectural coatings in North America. These emulsion polymers offer the same quality and performance as existing Acronal products but have the added benefit of reducing carbon emissions

Emulsion Polymer Market Segmentation

Grand View Research has segmented the global emulsion polymer market based on type, application, end-use, and region:

Emulsion Polymer Type Outlook (Revenue, USD Million, 2018 - 2030)

• Acrylics

• Styrene-Butadiene Latex

• Vinyl Acetate Polymers

• Other

Emulsion Polymer Application Outlook (Revenue, USD Million, 2018 - 2030)

• Paints and Coatings

• Adhesives & Sealants

• Paper & Paperboard

• Others

Emulsion Polymer End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Building & Construction

• Automotive

• Chemicals

• Textile & Coatings

• Others

Emulsion Polymer Region Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

  • Australia

  • Southeast Asia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in the Emulsion Polymer Market

• Synthomer

• OMNOVA Solutions

• Allnex GMBH

• Arkema

• DIC CORPORATION

• BASF SE

• Celanese Corporation

• Wacker Chemie AG

• Momentive

• Mallard Creek Polymers

• Solvay

• Clariant

• Asahi Kasei Corporation