In the Asia-Pacific market, polymer emulsions find applications mainly in the automotive and building & construction industries as components of the paints & coatings. The growing population in the region has resulted in phenomenal demand for more constructions and automobiles, thereby leading to the growth of the polymer emulsions market as well. The APAC polymer emulsions market is projected to grow significantly in the coming years, mainly owing to the demand from the construction industry.
Asia-Pacific is among the largest contributors to the global polymer emulsions market, having accounted for a share of 33.71% in 2013. The APAC market is dominated by the Chinese segment, which held a share of 43.8% in 2013. In terms of applications, the paints & coatings segment held the largest share of 41.6% in the APAC market. Acrylic emulsion is the most common type of polymer emulsions used in the APAC region. The adhesives & sealants segment is estimated to gain momentum in the coming years.
Asia-Pacific houses some of the fastest-emerging economies of the world, such as India and China. The significant economic growth in these economies has led to the growth and expansion of the automotive and construction industries in the region. This is estimated to increase the demand for paints & coatings, thereby leading to the growth of the polymer emulsions market. In addition, strict environmental regulations in the region have led to a shift in demand from solvent-based paints to lower VOC-based products. This is another important factor driving the growth of the polymer emulsions market in the APAC region. Some of the leading companies contributing to the market growth include Nippon Paint (Japan), Asian Paints Ltd. (India), and BASF SE (Germany), among others.
The Asia-Pacific polymer emulsions market report provides insights into the market segmentation, competitive landscape, and also elaborates on the strategies & developments undertaken by the leading companies. This helps to understand the dynamics of the market as well as the prospects for new companies. The Asia-Pacific market has been segmented in terms of applications, types, and main countries in the region. On the basis of types, the market is segmented into acrylic emulsion, polyurethane dispersion (PUD), styrene butadiene latex emulsion, and vinyl emulsion. On the basis of applications, the market has been segmented into adhesives & sealants, paints & coatings, and paper & paperboard. Countries that have been considered for the market analysis are Japan, China, and India, among others. The report also provides details regarding the main factors driving or restraining the growth of the Asia-Pacific polymer emulsions market.
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