123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Polymer Binders Industry Global Market Recent Trends And Projected Market Size By 2020 – 2023

Profile Picture
By Author: Market Research Future
Total Articles: 235
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

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

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.

Polymer Binders Industry 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.
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.

Total Views: 348Word Count: 561See All articles From Author

Add Comment

Business Articles

1. How An Investor Made $1 Million From A Retirement Saving Of $35,000
Author: maria

2. How The Covid-19 Pandemic Led To An Increase In Cryptocurrency Scams?
Author: Alex Miller

3. Complex Fertilizers Market To Hit 54.32 Billion Usd By 2022
Author: Sonal

4. Car Insurance Calgary: Some Basic Pointers To Buy Insurance
Author: Jason Davis

5. How To Prevent Ransomware With Some Simple Tips?
Author: defencebyte

6. Covid-19 Impact On Medical Supplies Market | Increased Demand Of Ppe Kits And N95 Masks Globally
Author: robert henric

7. 8 Things To Know Before Contacting A Website Development Company
Author: Ratnesh sharma

8. Flavor Enhancers Market: Significant Growth Is Observed In The Asia-pacific Region
Author: Sonal

9. How To Setup Battery Manufacturing Business In India?
Author: SolutionBuggy

10. A Basic Summary Of A Bariatric Post Op Diet
Author: Johnny Kwon

11. Defining Features Of Awg Fire Alarm Cable
Author: Greg Anixter

12. The Future Of Communication - Contactless Near Field Communication (nfc)
Author: NFC Tagify

13. Covid-19 Impact Analyzer For Peptides And Heparin Market Through, Concludes Fact.mr
Author: Faisal

14. Four Steps For The Perfect Fresh Coat Of Paint
Author: Jrossi Construction

15. Best Astrologer In Mississauga | Famous Indian Astrologer In Mississauga
Author: Pandit Ganapathi

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: