The global market report on the polymer dispersion is showing various possibilities in terms of growth during the forecast period of 2018 to 2023. Market Research Future (MRFR) has recorded various factors that can ensure better changes in the market by 2023.
These factors would mostly be governed by several end user industries like automotive, construction, and others. In Europe, the automotive sector would score big but its growing impact in the North American and Indian market would also inspire better strategic developments. Various developing countries are also ensuring a strong demand for the product in the construction and paint industries. VOC emissions would also ensure a hike in the intake of the polymer dispersion products. It would lead to various innovations, which can increase the process of revenue-generation.
MRFR’s understanding of the global polymer dispersion market is on the basis of an effective study of segments that includes resin type, application, and end users. These segments have various inputs and insights that can help the market in devising better strategies that would be more sustainable in the coming years.
By resin type, the global report on the polymer dispersion market can be segmented into polyurethane, acrylic, styrene-butadiene, and vinyl.
By application, the report on the polymer dispersion market includes adhesives and sealants, decorative and protective coatings, carpets and fabric, and printing ink. Its use as decorative and protective coatings would be remarkable.
By end users, the same report discusses prospects in industries like consumer goods, packaging, construction, automotive, and paints. The automotive segment is providing good traction as the industry is booming across the world.
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The global market for polymer dispersion is expected to get boosted by various companies like DIC Corporation (Japan), BASF SE (Germany), Arkema (France), Asahi Kasei Corporation (Japan, Clariant AG (Switzerland), Akzo Nobel NV (Netherlands), Nuplex Industries Ltd (Australia), Momentive Performance Materials Holdings LLC (US), Wacker Chemie AG (US), Trinseo SA (US), Omnova Solutions (US), Asian Paints Ltd (India), the Dow Chemicals Company (US), Cytec Industries Inc. (US), Celanese Corporation (US), Eastman Chemical Company (US), Financiera Maderera SA (Spain), and Lubrizol Corporation (US). These segments would get ample backing from rising investment for research and development projects. They would also invest in strategic moves like innovation, branding, marketing, merger, collaboration, acquisition, and others.
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The global market players involved in the polymer dispersion market would benefit from a detailed understanding of various demographic challenges in growth pockets. That is why the report has focused on dynamics that would impress the growth of the market.
Asia Pacific market would lead the global market in terms of CAGR as the region would have ample scope to ensure strong growth possibilities. This is due to the industrial boom this region is witnessing. The regional market is also allowing an easy percolation of the green products due to the rising awareness regarding VOC emission standards. The automotive industry is also going to impact the market outcome.
In North America, this market would gain maximum revenue. This growth would be sufficient as the growing awareness regarding the environment and human health would trigger the inclusion of high standard products. Automotive and construction industries would make substantial changes.
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