New York, NY -- (SBWire) -- 04/02/2019 --The global polymer binders market is expected to reach USD 43.3 billion by 2026, according to a new report by Reports and Data. Growing global construction industry is a major factor affecting the demand for polymer binders. Based on statistics, by 2030, the volume of construction output is projected to grow by 85% to USD 15.5 trillion. China, U.S. and India are anticipated to be the major contributors and are likely to account for 57% of the global growth. Growing global technical textile industry is also likely to influence market growth. Increasing demand of technical textile from end-use industries such as automobile, healthcare, construction, and geotextile among others are expected to drive market demand.
The major players covered in this Polymer Binders market report are BASF, DowDuPont, Celanese Corporation, Arkema, Wacker, Taogosei, Synthomer, Dairen Chemical, and OMNOVA
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Polymer binders are generally used as mortars and are being increasingly used in buildings and other structures. They are generally used as protective coatings on concrete, reinforced concrete and sometimes on steel. Increasing global construction activities is expected to lead to an increase in the demand for architectural coatings and mortar. This is likely to immense potential for polymer binders over the forecast period.
Knowing the trends influencing the Polymer Binders industry performance
Stakeholders, marketing executives and business owners planning to refer Polymer Binders market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
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Market split by Type, can be divided into:
- Acrylic
- Vinyl Acetate
- Latex
- Others
Market split by Form, can be divided into:
- Liquid
- Powder
- High Solids
Market split by Application, can be divided into:
- Architectural Coatings
- Adhesives & Sealants
- Textile & Carpets
- Paper & Board
- Construction Additives
- Others
Geographically, this Polymer Binders market report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Further key findings from the report suggest:
- Vinyl Acetate is expected to account for a major share of the overall industry in the forecast period owing to increasing adoption in various end-use industries. For instance: The paper & board industry mainly in North America makes extensive use of vinyl acetate on account of benefits associated with the product such as a better brightness, and improved opacity, porosity, and stiffness. Apart from that, other benefits such as excellent pigment binding capacity and superior dust and oil & grease resistance is expected to foster the growth of the product.
- North America is projected to grow at a CAGR of 7.8% in the forecast period. Increasing demand of medical textiles in the region is a key factor affecting market growth. Key manufacturers in the region are keen on innovating and bringing out new products in the market. For instance: In 2018, Siren, a San Francisco-based health technology company unveiled developing Neurofabric. The Neurofabric is the first textile which has microsensors embedded directly into the fabric. For instance: he Siren Diabetic Sock and Foot Monitoring System would help in monitoring foot temperature so that diabetic patients can detect signs of inflammation, the precursor to diabetic foot ulcers.
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Key Points from TOC:
Chapter 9. Company Profiles
9.1. BASF SE
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Dowdupont
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Wacker Chemie
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
Continued…
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Polymer Binders Market Report 2018- 2026 by Top Players: BASF, DowDuPont, Arkema, Wacker, Synthomer
A closer look at the overall Polymer Binders business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.