Transparency Market Research, New York: Emulsion polymers find application in the processing of diverse types of paints such as automotive OEM and refinish paints. These polymers are also increasingly used in coatings such as decorative coatings, architectural coatings, and other industrial coatings.
Emulsion polymers are used in painting industry as they help in improving color quality, self-repairing abilities, heat sensitivity of paints.
According to analysts at TMR, the acrylics segment in global emulsion polymers market will offer lucrative avenues for players in this market. This segment is foreseen to show growth at prodigious CAGR of over 5.5% during the forecast period of 2019 to 2027 and achieve the valuation of worth over US$21 Bn in 2027.
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New entrants in the global emulsion polymers market will need to use diverse strategies to sustain in the highly competitive atmosphere. Market leaders are focused on strengthening their product portfolio by rolling out new products. This aside, many players are growing efforts to explore the usability of emulsion polymers in newer end-use industries. Development of bio-based emulsion polymers is one of the key strategies used by gamut of enterprises in the global emulsion polymers market in recent times.
The list of important players in the global emulsion polymers market includes Trinseo S.A., BASF SE, Synthomer plc, The Dow Chemical Company, Celanese Corporation, and Arkema S.A.
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