United States Polymer Emulsion Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

United States Polymer Emulsion Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The United States polymer emulsion market is estimated to witness a healthy growth, at an estimated CAGR of over 5%, over the forecast period. The major factors driving the growth of the market studied are growing awareness with regard to volatile organic compound (VOC) and increasing demand from various end-user industries in the United States.

Key Highlights

• Availability of substitutes are likely to hinder the markets growth.
• Growing awareness towards water-based acrylic dispersion for anticorrosive & antimicrobial coatings is likely to create opportunities for the market in the coming years.

Key Market TrendsVinyl Acetate - the Fastest Growing Segment

• Vinyl acetate is expected to be the fastest growing segment on account to growing applications in end-user industries, such as building and construction, automotive, etc.
• In buildings and construction end-user segment, it is increasingly used in architectural paints and coatings because of its aesthetic appeal and high resistance to temperatures.
• In addition, the growing building and construction sector due to the increased construction spending in non-residential sector is providing opportunities for the market.
• The construction industry in the United States continued to expand, owing to a strong economy and positive market fundamentals for commercial real estate, along with an increase in federal and state funding for public works and institutional buildings.
• The US residential sector’s growth is slower than the non-residential sector. In the country, the growing population is expected to boost the demand for housing. Furthermore, about 20 million households are projected to be constructed over the next decade. The US commercial construction sector is expected to witness growth in the next few years.
• Owing to all these factors, the demand for polymer emulsions in the country is expected to increase during the forecast period.

Increasing Demand from Paints and Coatings

• Paints and coatings are extensively used in the architectural sector for both, exterior and interior applications. Acrylic, vinyl acrylic, styrene acrylic, and vinyl acetate ethylene copolymer latex are the major emulsion polymers used in such paints and coatings.
• In the building and construction industry, emulsion polymers are used in the manufacturing process of architectural paints, high scrub interior paints, exterior paints for high durability and wet adhesion, deck and trim paints, and stains and elastomeric coatings. Paints and coatings are applied on exterior of the house to not only give them a new look, but also protect it from blistering summers, freezing winters, soaking rain, and the daily bombardment of UV radiation, without fading, peeling away, and cracking.
• Additionally, paints and coatings are used in interiors of houses to add colors or decorative purposes, along with a wide range of other functions. Their functions vary, depending upon the type of environment and room that they are used on.
• For example, due to the moisture, bathroom walls need to have wipe-ability for keeping them clean. Paints with glossier sheens have a tighter molecular structure than flat paints, making it more difficult for moisture to penetrate. Hence, these types of paints are used in bathroom.
• Owing to all the above-mentioned factors, the market for polymer emulsions is expected to grow during the forecast period.

Competitive Landscape

The United States polymer emulsion market is a fragmented market, where numerous players account for insignificant share to influence the market demand, individually. Some of the noticeable players in the market include Akzo Nobel N.V., Arkema Group, BASF SE, Clariant, and Dow, amongst others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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