• Blog
  • Polymer Dispersions Market Growth Analysis | 2023-2028

    Polymer Dispersions Market Growth Analysis | 2023-2028

    Polymer Dispersions Market Growth Analysis | 2023-2028
    Report code - SRAM215 Delivery - 2 Weeks
    Polymer Dispersions Market Size, Share, Trend, Forecast, & Industry Analysis: 2023-202 See more...

    Market Insights

    The Polymer Dispersions Market was estimated at US$ 9.8 billion in 2022 and is expected to grow at a healthy CAGR of 8.1% during 2023-2028 to reach US$ 15.68 billion in 2028.

    Wish to get a free sample? Register Here

    What is Polymer Dispersion?

    Polymer dispersion refers to a system in which polymer particles are dispersed or suspended in a liquid medium. It involves the process of breaking down polymer solids into small particles and dispersing them in a solvent or water-based medium. This dispersion can be achieved through various methods such as mechanical mixing, high-pressure homogenization, or emulsion polymerization. Polymer dispersions are widely used in industries such as coatings, adhesives, textiles, and paper, where they provide improved properties such as viscosity control, stability, adhesion, and film formation. They offer advantages over traditional solvent-based systems, including reduced environmental impact and enhanced safety during handling and application.

    Market Dynamics

    Key market dynamics of polymer dispersion can be summarized as follows:

    • Growing Demand: Polymer dispersion is experiencing increasing demand across diverse industries such as coatings, adhesives, textiles, and paper. This demand surge is driving the market growth.

    • Technological Advancements: Ongoing research and development efforts are leading to technological advancements in polymer dispersion. Improved formulations, enhanced stability, and superior performance properties are expanding its applications and attracting greater market interest.

    • Impact of End-User Industries: The growth and performance of industries such as automotive, construction, packaging, and textiles directly influence the demand for polymer dispersions. Factors such as economic growth, consumer trends, and industry expansion significantly shape the market dynamics of polymer dispersion.

    • Competitive Landscape: The polymer dispersion market is highly competitive, with intense rivalry among key players. Manufacturers are prioritizing product innovation, quality enhancement, and cost optimization to gain a competitive edge. Strategies such as partnerships, acquisitions, and expansions are commonly employed to strengthen market position and broaden customer reach.

    Segments Analysis

    By Resin Type

    Based on the resin type, the market is segmented into acrylic dispersions, vinyl dispersions, polyurethane (PU) dispersions, styrene-butadiene (SB) dispersions, and others. It is estimated that the acrylic dispersions segment will lead the market during the forecast period, owing to its large-scale use in water-based coatings for decorative and paper applications. Further, acrylic dispersions are available at a low cost in comparison to other dispersions leading to their higher demand in the market.

    By Application Type

    Based on the application type, the market is segmented as decorative & protective coatings, adhesives & sealants, paper, carpet & fabrics, printing ink, and others. The decorative & protective coatings segment held the largest share of the market and is expected to remain dominant during the forecast period. Expanding housing projects in emerging economies owing to the rising urbanization rate along with the growing awareness among consumers regarding the harmful effects of VOC contents associated with solvent-based coatings are the major factors driving the demand for polymer dispersion in the application of the decorative & protective coating.

    Regional Analysis

    In terms of regions, North America dominated the polymer dispersion market and is expected to maintain its dominant position during the forecast period owing to significant demand from coating applications especially in interior and furniture coatings. Asia-Pacific is the second-largest market and is expected to witness substantial growth during the forecast period. Significant economic development in the Asia-Pacific region along with the rising disposable income of consumers is driving the building and construction industry which is creating huge demand for paints and coatings. Further, rising awareness among consumers regarding the harmful effects of VOC content is acting as a catalyst for the growth of polymer dispersion in the Asia-Pacific region. China, Japan, India, South Korea, and ASEAN countries are the growth engines of the region and are expected to provide huge growth opportunities to the industry players in the polymer dispersions market.

    Want to know which region offers the best growth opportunities? Register Here

    Key Players

    Some of the major players in the global polymer dispersions market are-

    • BASF SE
    • Mitsui Chemicals, Inc.
    • Synthomer plc
    • Eastman Chemical Company
    • Solvay S.A.
    • Covestro AG
    • Huntsman Corporation
    • Michelman, Inc.
    • The DOW Chemical Company
    • Wacker Chemie AG
    • Alberdingk Boley GmbH
    • Allnex Group
    • Chase Corporation
    • DIC Corporation
    • Evonik Industries AG
    • Hexion Inc.
    • Kamsons Chemicals Pvt. Ltd.

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholder validation, and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Polymer Dispersions Market

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Customization Option

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players).
    • SWOT analysis of key players (up to three players).

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The Polymer Dispersions Market is expected to grow at a healthy CAGR of 8.1% during 2023-2028.

    BASF SE, Mitsui Chemicals Inc., Synthomer PLC, Eastman Chemical Company, Solvay S.A., Covestro AG, Huntsman Corporation, Michelman Inc., The DOW Chemical Company, Wacker Chemie AG, Alberdingk Boley GmbH, Allnex Group, Chase Corporation, DIC Corporation, Evonik Industries AG, Hexicon Inc., and Kamsons Chemicals Pvt. Ltd. Are among the key players in the polymer dispersions market.

    The Polymer Dispersions Market was estimated at US$ 9.8 billion in 2022 and is expected to reach US$ 15.68 billion in 2028.

    The acrylic dispersions segment is expected to lead the polymer dispersions market in the coming years.

    The decorative & protective coatings segment is expected to remain dominant in the polymer dispersions market during the next five years.

    North America is expected to remain dominant in the polymer dispersions market during the forecast period.

    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities