Polymer Binders Market Size, Growth & Analysis, By Product, By Application, By Resin, And By Region, Global Forecast To 2027

 

Market Overview

Binder or a binding agent is a material that holds different materials together in order to provide a strong cohesion or adhesion to the whole structure. The binders commonly occur in a solid or liquid state which undergoes a chemical process to be used as a binding agent. The polymeric binders are both waterborne and solvent borne depending upon the type of solvent used. The important physical properties conferred by the polymer binders to the substrate are the excellent binding, high strength and durability, and relative inertness towards various chemicals. In the market, polymer binders mainly occur in the form of liquid, powder and high solids. The major applications of the polymer binders are paints & coatings, construction, textiles & carpets, paper & boards, and pharmaceuticals, among others.

Based on form the global Polymer Binders Market has been segmented into liquid, powder, high solids, and others. Liquid segment held the largest market share in 2017 on account of its easy process ability and preferability in paints and coatings applications. Powder form is also growing at a healthy CAGR during the forecast period.

By type, the market is categorized into acrylic, vinyl acetate, polyurethane (PU), polyester (PE), and other. Among them, acrylic accounted to the largest share of the market in 2017. This mainly due to wider scope of application of these type of polymer binders in paints and coatings industry for longevity of the paint. The product is primarily used in manufacturing the various coatings and paints. Moreover, it also used in the automotive components for effective bonding of the parts. This is anticipated to fuel demand for the product during the review period.

On the basis of application, the global polymer binders market has been categorized into paints & coatings, construction, textiles & carpets, paper & boards, and pharmaceuticals, among others. The paints and coatings industry held the major market share in 2017, which mainly attributed to the surging demand in the emerging economies. The textiles industry is also a significant consumers of the polymer binders.

Browse Complete Report @

https://www.marketresearchfuture.com/reports/polymer-binders-market-7181

Market Segmentation

The global Polymer Binders market has been segmented on the basis of form, type, application, and region.

Based on form, the global polymer binders market has been segregated into liquid, powder, high solids, and others.

By type, the market has been categorized into acrylic, latex, vinyl acetate, polyurethane (PU), polyester (PE), and others.

On the basis of application, the market has been divided into paints & coatings, construction, textiles & carpets, paper & boards, and pharmaceuticals, among others.

The global polymer binders market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

 

Regional Analysis

The global polymer binders market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is anticipated to grow at a high CAGR due to the increasing demand for the product in the construction, textiles, and paper industries. North America is expected to witness considerable growth during the forest period. This is due to the growing demand for the product in various the reconstruction activities in this region.

 

Competitive Analysis

The leading players in the global polymer binders market are BASF SE (Germany), Wacker Chemie AG (Germany), Celanese Corporation (US), Arkema (France), Dairen Chemical Corporation (Taiwan), Chemrez Technologies, Inc. (Philippines), OMNOVA Solutions Inc. (US), Toagosei Co., Ltd. (Japan), Visen Industries Limited (India), and shandong hearst building materials co., ltd. (China), among others.

 

Get A Sample Report of @

https://www.marketresearchfuture.com/sample_request/7181

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Phone: +16468459312

Email: sales@marketresearchfuture.com

 

Read More Related Article:

https://www.marketresearchfuture.com/reports/water-borne-epoxy-resins-market-5334

 

https://www.marketresearchfuture.com/reports/nitrite-butadiene-rubber-market-5342

 

https://www.marketresearchfuture.com/reports/pet-coke-market-5349

 

https://omnexus.specialchem.com/news/industry-news/elastomers-market-mrfr-analysis-000225743

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more