Title: Polymer Binders Market
1Polymer Binders Market To Reach USD 43.3 Billion
By 2026
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2Market Summary
Growing global construction industry coupled with
increasing per capita paint consumption in APAC
is expected to stimulate market growth. Market
Size USD 23.93 billion in 2018, Market Growth -
CAGR of 7.7, Market Trends Increased demand
for technical textiles The global polymer
binders market is expected to reach USD 43.3
billion by 2026, according to a new report by
Reports and Data. Growing global construction
industry is a major factor affecting the demand
for polymer binders. Based on statistics, by
2030, the volume of construction output is
projected to grow by 85 to USD 15.5 trillion.
China, U.S. and India are anticipated to be the
major contributors and are likely to account for
57 of the global growth. Growing global
technical textile industry is also likely to
influence market growth. Increasing demand of
technical textile from end-use industries such as
automobile, healthcare, construction, and
geotextile among others are expected to drive
market demand.
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3Market Summary
Polymer binders are generally used as mortars and
are being increasingly used in buildings and
other structures. They are generally used as
protective coatings on concrete, reinforced
concrete and sometimes on steel. Increasing
global construction activities is expected to
lead to an increase in the demand for
architectural coatings and mortar. This is likely
to immense potential for polymer binders over the
forecast period. North America is estimated to
grow at a CAGR of 7.8 percent in the forecast
period. Increasing construction activities in the
U.S. is expected to stimulate the demand for
polymer binders. The non-residential construction
is expected to witness a significant increase in
investment under the Fixing Americas Surface
Transportation. Apart from this, the technical
textile industry in the region is also
anticipated to witness a boost. Healthcare and
automobile industry are a major consumer of
technical textiles in the U.S. Increasing
healthcare expenditure coupled with growing
medical technology in fields such as implantable
devices, bandaging and other medical devices
would foster demand for the product in the coming
years. Avail the inside scoop of the Sample
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4Market Summary
- Further key findings from the report suggest
- North America is projected to grow at a CAGR of
7.8 in the forecast period. Increasing demand of
medical textiles in the region is a key factor
affecting market growth. Key manufacturers in the
region are keen on innovating and bringing out
new products in the market. For instance In
2018, Siren, a San Francisco-based health
technology company unveiled developing
Neurofabric. The Neurofabric is the first textile
which has microsensors embedded directly into the
fabric. For instance he Siren Diabetic Sock and
Foot Monitoring System would help in monitoring
foot temperature so that diabetic patients can
detect signs of inflammation, the precursor to
diabetic foot ulcers. - Vinyl Acetate is expected to account for a major
share of the overall industry in the forecast
period owing to increasing adoption in various
end-use industries. For instance The paper
board industry mainly in North America makes
extensive use of vinyl acetate on account of
benefits associated with the product such as a
better brightness, and improved opacity,
porosity, and stiffness. Apart from that, other
benefits such as excellent pigment binding
capacity and superior dust and oil grease
resistance is expected to foster the growth of
the product. - Click here to avail the report at discount rate
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5Market Summary
- Key participants include BASF. DowDuPont,
Celanese Corporation, Arkema, Wacker, Taogosei,
Synthomer, Dairen Chemical, and OMNOVA. - For the purpose of this report, Reports and Data
have segmented the global polymer binding market
on the basis of type, form, application and
region - Type Outlook (Revenue, USD Million, 2015-2026)
- Acrylic
- Vinyl Acetate
- Latex
- Others
- Form Outlook (Revenue, USD Million, 2015-2026)
- Liquid
- Powder
- High Solids
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coverage, visit https//www.reportsanddata.com/ch
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6Market Summary
- Application Outlook (Revenue, USD Million,
2015-2026) - Architectural Coatings
- Adhesives Sealants
- Textile Carpets
- Paper Board
- Construction Additives
- Others
- Regional Outlook (Revenue, USD Million
20162026, Volume, Tons 2016-2026) - North America
- Europe
- Asia Pacific
- Middle East Africa
- Latin America
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