Asia Pacific Emulsion Polymer Market Size & Outlook
Asia Pacific emulsion polymer market, 2018-2030 (US$M)
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Asia Pacific emulsion polymer market highlights
- The Asia Pacific emulsion polymer market generated a revenue of USD 4,242.9 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, acrylics was the largest revenue generating product in 2023.
- Acrylics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 4,242.9 million |
| Market revenue in 2030 | USD 6,583.5 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Acrylics |
| Fastest growing segment | Acrylics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acrylics, Styrene-Butadiene Latex, Vinyl Acetate Polymers, Other Products |
| Key market players worldwide | Synthomer PLC, OMV AG, Arkema SA, DIC Corp, Basf SE, Celanese Corp Class A, Wacker Chemie AG, Momentive, Solvay SA, Clariant AG, Asahi Kasei Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.4% of the global emulsion polymer market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,583.5 million by 2030.
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Emulsion Polymer Market Scope
Emulsion Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific emulsion polymer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to emulsion polymer market will help companies and investors design strategic landscapes.
Acrylics was the largest segment with a revenue share of 40.44% in 2023. Horizon Databook has segmented the Asia Pacific emulsion polymer market based on acrylics, styrene-butadiene latex, vinyl acetate polymers, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific along with being the largest is also expected to be the fastest-growing regional market for emulsion polymer owing to the increasing concentration of paint and coating companies such as Diamond Paints, Sherwin-Williams, RPM, Valspar, Asian Paint, Nippon Paint, and Nerolac.
In addition, the availability of cheap raw material, land, equipment, and skilled labor are some of the factors contributing toward the growth of emulsion industry in Asia Pacific. The main reason behind this substantial growth is the rapidly expanding Chinese and Indian markets.
The market is, therefore, expected to grow significantly over the forecast period. Asia Pacific is expected to continue to be the largest consumer in emulsion polymers market due to the increased spending on construction activities, growing middle class population, improving lifestyle, and increasing spending power.
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Target buyers of Asia Pacific emulsion polymer market databook
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Our clientele includes a mix of emulsion polymer market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific emulsion polymer market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific emulsion polymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific emulsion polymer market size, by country, 2018-2030 (US$M)
Asia Pacific Emulsion Polymer Market Outlook Share, 2023 & 2030 (US$M)
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