Polymer Dispersions Market to Post 8% CAGR to 2022, States M&M in Its New Report Published at MarketPublishers.com
18 Jul 2017 • by Natalie Aster
LONDON – The market for polymer dispersions is forecast to gain momentum, increasing from USD 6.99 billion by end-2017 to USD 10.27 billion by end-2022, at an 8% CAGR. The market owed its healthy growth to the expanding use of polymer dispersions in environmentally-green coating applications.
The PU dispersion segment is poised to see the fastest growth in the polymer dispersions market in the offing owing to the growing use of this resin type in nonwoven hygiene products. Some other key applications of PU dispersions include paper coating, coating, textile and leather finishing, etc. Vinyl is another key segment, which is likely to display significant growth in the years to come.
Geography-wise, the APAC market for polymer dispersions is projected to register the most rapid rate to 2022, in terms of value and volume. Fast-paced economic growth, the rise of manufacturing industries, the availability of low-cost labour, a hike in foreign investments, and an increased usage of polymer dispersions in decorative & protective coating applications are amid the key factors set to ignite the market growth. An upsurge in demand in countries like India, China, Malaysia, and Thailand are projected to stimulate the regional market growth.
BASF SE, Synthomer Plc., Mitsui Chemicals, Eastman Chemical Company, Covestro AG, and Solvay SA, amid others, are the leading players in the marketplace.
New report “Polymer Dispersions Market by Resin Type, Application, and Region - Global Forecast to 2022” elaborated by MarketsandMarkets (M&M) gives comprehensive, unbiased insights into the market worldwide, categorising it by type of resin, application, and based on region.
The research study provides detailed revenue data for the entire market and the subsegments across various verticals and geographical regions. The study casts light on the market driving and restraining factors, alongside key challenges and opportunities in the marketplace. The publication also canvasses the competitive landscape, covering competitive leadership mapping and a granular analysis of the market shares. It also provides granular profiles of the top companies. The report also contains granular market size forecasts to 2022.
More new reports by this publisher can be found in M&M online catalogue at MarketPublishers.com.