Sarasota, FL -- (SBWIRE) -- 12/31/2018 -- Global Polymer Binders Market: Overview

Polymeric binders are valuable raw materials in coatings and in the construction industry. Final product properties strongly depend on the type and nature of the applied binder. Because of environmental concerns, powder coatings, 100% UV/EB curing systems, and waterborne polymer dispersions are being substituted for traditional resins used in solventborne coatings.

Polymeric dispersions may be used as: a conventional binder drying in the physical process during evaporation; a binder crosslinking by cat ion-anion interaction between acid groups and bivalent cat ions; a binder crosslinking in the reaction with hardener molecules or as a reactive polymeric or oligomeric material prone to crosslinking under the influence of UV/EB radiation.

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Global Polymer Binders Market: Growth Factors

The growth of the polymer binders market can be attributed to the rising per capita paint consumption in regions such as Asia Pacific and the global growth in the construction industry. In addition, the increased demand for technical textiles is expected to drive the demand for polymer binders across the globe. Application of the heterogeneous polymers usually described as core-shell structures in paints and cement compositions will further boost the growth curve of polymer binders market in the upward direction. Massive applications of the compound in coatings sector as compared to traditional solventborne coating will steer the revenue growth of polymer binders market in the coming decade. Lucrative use of polymer binders in 3D sector will further enlarge the business scope. Owing to the easy availability, low –costs, and versatility, polymer binders such as acrylic polymers find a spectrum of applications in coating and adhesives sector. In addition, chemical stability and longitivity along with a wide range of glass transiting temperatures make these products more preferred in a plethora of indoor as well as outdoor applications. The growth in the construction industry will have a favorable impact on the growth of the polymer binders market. In the construction industry, polymer binders are used in the tile adhesive, repair mortar, decorative mortar, waterproofing mortar, and skim coats applications to improve mortar properties such as workability, durability, and tensile strength.

Global Polymer Binders Market: Segmentation

The global polymer binders market can be divided based on type, form, and application. Based on the type, the market is sectored into Acrylic, Vinyl Acetate, and Latex. On the basis of form, the market can be segmented into Liquid, Powder, and High Solids. Based on the application, the polymer binders market can be sectored into Architectural Coatings, Adhesives & Sealants, Textile & Carpets, Paper & Board, and Construction Additives.

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Global Polymer Binders Market: Regional Analysis

Based on regions, the global polymer binders market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is estimated to account for the largest share of the polymer binders market in the coming years, owing to the thriving construction industry which is likely to generate humungous demand for polymer binders in the architectural coatings, construction additives, and adhesives & sealants applications in the countries such as India and China.

Technological innovations and growing awareness about environmental safety and corporate social responsibility among the manufacturers will boost the product acceptance in the regions of Europe and North America. This will contribute substantially towards the polymer binders market earnings in Europe and North America.

MEA and Latin America are projected to be the markets with the huge growth potential.

Global Polymer Binders Market: Competitive Players

The key players of the global polymer binders market include BASF, DowDuPont Wacker, Celanese, Arkema S.A. Trinseo ,Taogosei, Synthomer, Dairen Chemical , and OMNOVA.

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