폴리머 바인더 시장 : 예측(2024-2029년)

The polymer binders market is projected to grow at a CAGR of 7.22% during the forecasted period (2024-2029).

The polymer binders market is the provision of polymers to be used as binding agents across the globe for various uses. Polymer binder is an important constituent that assists in binding and enhancing the characteristics of different commodities and materials. They find application in architectural coatings, adhesives and sealants, textiles and carpets, paper and board, and construction additives. They offer properties of improvement in endurance, stickiness, elasticity, and proficiency to the final products. Customers require superior-quality construction materials, paints and coatings, and sophisticated adhesives, which have led to an increased demand for polymer binders.

The Asia-Pacific region, specifically China and India, will lead the market due to increased industrialization, urbanization, and infrastructural development. Other drivers that the market for polymer binders in architectural coatings and related industries is experiencing include the rise in the application of polymer binders, the advancement of the automotive industry, and the changes in environmentally friendly binders.

• The rising demand from the construction segment is one of the key factors poised to drive the polymer binder market. The polymers are widely used in the production of cement, mortar, and other products regarding construction thus enhancing quality constructions. Therefore, it can be concluded that as the construction business evolves and as more developing countries continue to urbanize and develop infrastructure, the market for polymer binders is set to increase. These binders offer other properties like better mechanical strength, bonding strength, and flexibility to construction material and thus they are products of paramount importance to the construction industry.
• The polymer binders market also enjoys another growth-enabling factor in the continuously expanding automotive industry worldwide. Matrix polymers play a significant role in large-degree existing coatings, adhesives, and sealants for automotive pieces, making sure that these parts are wearing and durable when used. The polymer binders industry is thus benefiting from the rising global automotive market as it seeks high-quality and durable automotive materials. Manufacturers of automobiles are always in search of better ways of enhancing their products, which increases their efficiency and sustainability, thus driving the need for polymer binders in this segment.
• The requirement for green and sustainable solutions is also contributing to the polymer binders' market tremendously. Hazardous effects on the environment and government regulations as to the use of environment-friendly products in the manufacturing processes have driven the need for waterborne and bio-based polymer binders instead of the usual petroleum-based ones. As such, binders that are from renewable raw materials or that have inherent sustainability characteristics are gradually finding their way into the market across various industries, including the construction and manufacturing industry in countries that are nowadays much more conscious about sustainability in construction. Some of them are as follows: The market for polymer binders is slowly expanding as there is an increasing concern and necessity for environment-friendly products and solutions.

POLYMER BINDERS MARKET DRIVERS:

• The vinyl acetate segment by type will likely be the fastest-growing segment during the forecast period.

The polymer binders market is expecting a high growth rate in the vinyl acetate segment within the polymer binders' market size during the given period of the overall corporation. This can be referred to the enhanced properties of the vinyl acetate-based polymer binders and their use in numerous applications. Vinyl acetate polymer binders provide very good pigment-wetting ability, high oil and grease resistance, and resistance to dusting. For these reasons, they are ideally suited for numerous uses, especially in the construction and architectural coat industries. Vinyl acetate binding agents are widely employed in paints, coatings, and adhesives to increase the durability, adhesion, and performance characteristics of the end products.

The development of the construction industry, mainly due to continuous urbanization and construction activity worldwide and especially across emerging economies, has remained an essential factor for consuming vinyl acetate polymer binders. These binders are popular in preparing cement, mortar, and other construction-related commodities to establish quality construction products. With the further development of the construction industry in international markets, the demand for vinyl acetate-based polymer binders will significantly increase.

In addition, the paper and board industry is another large application market for vinyl acetate polymer binders. These binders are employed widely in North America owing to their efficiency in increasing the brightness, opacity, porosity, and stiffness of paper coats. The demand for high-quality paper and packaging materials is also on the rise, which is an additional driver for developing the vinyl acetate segment in the polymer binders market. Moreover, the higher adaptability of water-borne and environment-friendly polymer binders also influences the development of more VA-based products. Vinyl acetate binders are more eco-friendly than regular petroleum binders, which gives the direction of developments in the industry. It was anticipated that this trend would fuel the use of vinyl acetate polymer binders in various industries and subsequently boost this segment of the polymer binders market even more.

• The coatings segment by application will likely be the fastest-growing segment during the forecast period.

It also highlighted the polymer binders market based on application, which includes coatings, adhesives and sealants, and elastomers; of these, the coatings segment is expected to grow at the fastest pace within the given time frame. This may be a result of the growing need by industries to use coatings that provide high performance and long-lasting, especially in the construction and automobile industries.

Polymer binders are used extensively to coat the pigments as they can act as a binding medium or vehicle to hold the pigment particles together and impart properties like adhesion, gloss, and flexibility to the dried film. The demand for architectural coatings in the construction industry is predominant because the construction industry is expanding due to an increased rate of urbanization as well as infrastructural development, mainly in developing economies. These binders find application in paints, varnishes, and other protective coatings, including exterior and interior types, which play an important role in the creation of superior and sustainable construction materials.

In addition, automotive application is another major sector that encompasses a vast demand for polymer-bound coatings. For modern car producers, the requirements to increase the performance and durability of cars' bodies, as well as the necessity to make cars environmentally friendly, new coatings with higher wear, weathering, and corrosion resistance properties are in demand. These basecoat clearing agents and other highly specified automotive coatings require polymer binders, which also fuels the coatings branch of the appraised polymer binders marketplace. The greater demand for green and water-borne coatings has also led to the coatings segment's growth. Some of the newest trends include the use of polymer binders that are made from renewable resources or have other inherently sustainable properties offered with the tendency to move away from the traditional solvent-based systems. It will also be useful to anticipate that this trend will continue strengthening the necessity of polymer binders in the coatings sector.

Hence, by offering high performance, durability, and sustainability and driven by the growth of the construction and automotive industries, the coatings segment is set to be the fastest-growing application of the polymer binders market in the forecast period.

• Asia Pacific to dominate the polymer binders market during the forecast period.

It is anticipated that Asia-Pacific, which dominates the global polymer binders market, will continue in this position during the forecast period. A number of factors are fuelling the regional polymer binders industry's expansion.

First and foremost, rapid urbanization and infrastructure developments in countries like China and India drive the augmenting demand for polymer binders. These binders find extensive applications in the construction industry, mainly in the formulation of paints, coatings, adhesives, and other building materials. With the construction sector gaining strenuous momentum to match the demand of the booming urban population, it is very likely that polymer binder consumption will steadily increase in the Asia-Pacific region. Another major growth driver for these binders market is the boom in the automotive sector, specifically in countries such as China, India, and Japan. These binders are useful in the making of advanced coatings, adhesives, and sealants with better performance and durability. Interestingly, the growing demand for high-quality and sustainable materials for the automotive market of this geographical area contributes to the increasing demand for polymer binders.

The Asia-Pacific region has also seen growth in the adoption rate of eco-friendly and water-based polymer binders, particularly in countries that have stringent environmental regulations. Manufacturers are developing sustainable polymer binder solutions to meet the growing demand for environment-friendly products in industries such as construction, coatings, and textiles. This is further anticipated to boost the Asia-Pacific polymer binders market. This means that rapid urbanization, booming construction and automobile industries, and growing preference for and requirement of sustainable polymer binders will all combine to see Asia-Pacific master the global polymer binders market during the forecast period.

The polymer binders market is segmented and analyzed as follows:

By Type

• Vinyl Acetate
• Acrylic
• Styrene Acrylic
• Latex

By Form

• Powder
• Liquid
• High Solids

By Application

• Coatings
• Adhesives
• Textiles
• Inks
• Metals
• Other Applications

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Rest of Europe
• Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Rest of the Middle East and Africa
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Thailand
• Indonesia
• Rest of Asia-Pacific

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Key Findings
• 3.2. Analyst View

4. MARKET DYNAMICS

• 4.1. Market Drivers
  • 4.1.1. Growing Demand for Polymer Binders from Architectural Coatings
• 4.2. Market Restraints
  • 4.2.1. Decreasing Demand for Polymer Binders from Paper and Carpet Products
  • 4.2.2. Government Regulations on Production of Powdered Polymer Binders
  • 4.2.3. Threats from Substitutes
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. The Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. POLYMER BINDERS MARKET BY TYPE

• 5.1. Introduction
• 5.2. Vinyl Acetate
• 5.3. Acrylic
• 5.4. Styrene Acrylic
• 5.5. Latex

6. POLYMER BINDERS MARKET BY FORM

• 6.1. Introduction
• 6.2. Powder
• 6.3. Liquid
• 6.4. High Solids

7. POLYMER BINDERS MARKET BY APPLICATION

• 7.1. Introduction
• 7.2. Coatings
• 7.3. Adhesives
• 7.4. Textiles
• 7.5. Inks
• 7.6. Metals
• 7.7. Other Applications

8. POLYMER BINDERS MARKET BY GEOGRAPHY

• 8.1. Global Overview
• 8.2. North America
  • 8.2.1. United States
  • 8.2.2. Canada
  • 8.2.3. Mexico
• 8.3. South America
  • 8.3.1. Brazil
  • 8.3.2. Argentina
  • 8.3.3. Rest of South America
• 8.4. Europe
  • 8.4.1. United Kingdom
  • 8.4.2. Germany
  • 8.4.3. France
  • 8.4.4. Italy
  • 8.4.5. Spain
  • 8.4.6. Rest of Europe
• 8.5. Middle East and Africa
  • 8.5.1. Saudi Arabia
  • 8.5.2. United Arab Emirates
  • 8.5.3. Rest of Middle East and Africa
• 8.6. Asia-Pacific
  • 8.6.1. China
  • 8.6.2. India
  • 8.6.3. Japan
  • 8.6.4. South Korea
  • 8.6.5. Taiwan
  • 8.6.6. Thailand
  • 8.6.7. Indonesia
  • 8.6.8. Rest of Asia-Pacific

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations
• 9.4. Competitive Dashboard

10. COMPANY PROFILES

• 10.1. BASF SE
• 10.2. Dow
• 10.3. Celanese Corporation
• 10.4. Arkema
• 10.5. Wacker Chemie AG
• 10.6. Trinseo
• 10.7. OMNOVA Solutions Inc.
• 10.8. DCC
• 10.9. Toagosei Co. Ltd
• 10.10. Synthomer PLC
• 10.11. Trinseo
• 10.12. Dairen Chemical Corporation