Polymer Binders Analysis Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 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 sha