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Acrylic Emulsions (water-based) Market Size Will Reach Xxx Million Usd In
The acrylic emulsions market is segmented by type (pure acrylic, polymer, and copolymer, etc.), particle size (small and large particles), application (coatings, textiles, construction technology, and others), end user (paints and paints). coatings, construction, textile industry, automotive industry, etc.) and by region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - share, size, outlook, and opportunity analysis, 2022-2029
acrylic emulsions market Overview of Size, Share, Growth Rate
Acrylic Emulsions Market reached million US$ in 2021 and is expected to grow significantly to reach million US$ by 2029, growing at a CAGR of 5.7% during the forecast period (2022-2029).
Acrylic emulsions belong to the category of polymer emulsions. These are acrylic paints that form a waterproof layer after drying. To improve abrasion resistance, resistance to fungi and algae, and washability, they are applied to paints as additives and as volatile substances. The initial form of pure acrylic emulsion is cloudy and highly disturbed, so it should be evaluated. Dilution can cause changes in ...
... emulsion stability, droplet size, and particle production. Particle size, concentration, and distribution are important factors in the effectiveness and efficiency of an emulsion. Good acrylic emulsions have a larger surface area and strongly affect thickeners. According to
DataM Intelligence, the Acrylic Emulsions Market Research Analysis provides a comprehensive market outlook that includes quantitative and qualitative data. It provides a global market outlook and forecast based on market segmentation. It also provides the global market size and growth of the latest trends, opportunities, and forecasts to 2029 in the global market assessed in major countries such as the United States, Canada, Brazil, Germany, Italy, Spain, and the United States. Great Britain, Russia, European countries, United Arab Emirates, Saudi Arabia, South Africa, Japan, China, India, South Korea, Australia, and other countries around the world.
Among all the regions, the North American region is expected to hold the largest share of the global market during the forecast period. The acrylic emulsion market in the United States and Canada produces the largest share. Meanwhile, the European acrylic emulsion market will continue its global presence during 2022-2029.
Browse the study's key takeaways here: https://www.datamintelligence.com/download-sample/acrylic-emulsions-market
Acrylic Emulsions Market Dynamics
Market expansion is mainly due to increasing government regulations and growth in global construction. In addition, sustainability issues may hinder the development of the acrylic emulsions market.
Emerging Government Regulations
Government enforcement of strict infrastructure or construction laws may soon increase the demand for acrylic emulsions. The operation provides central assistance to implementing agencies across State/Union Territories and Central Hubs to provide homes to all eligible families and beneficiaries in response to a demonstrated housing need of approximately 1.12 crore. The size of an Economically Weaker Section (EWS) flat can be up to 30 square feet as per PMAY (U) rules.
Valid Durability
Acrylic Emulsion offers a wide range of industrial and technical uses due to its exceptional properties. Acrylic emulsion is used in a variety of industries, including construction, automotive, aerospace, and defense. The durability and environmental impact of acrylic emulsion has been questioned due to its widespread use. Acrylic emulsions contain compounds that cause VOC emissions. A typical groundwater pollutant is a volatile organic compound. Careless industrial activities, mainly those related to paints, chemicals, and metalworking, cause substances to leach into the water. Water pollution caused by VOCs is very difficult to repair and damages the surrounding environment in the long term.
acrylic emulsions are also durable and biodegradable. The widespread use of acrylic emulsion in modern life has created a huge amount of industrial waste, which has caused disposal problems. Considering the increasing environmental impact and damage to natural ecosystems, the long-term viability of the existing acrylic emulsion application strategy is questionable. Environmentally friendly and biodegradable acrylic emulsion substitutes are being researched and developed. A major obstacle to market expansion is the use of acrylic emulsions, which raises environmental concerns.
Impact of COVID-19 on Acrylic Emulsion Market Growth
COVID-19 has greatly affected the standard of living of the world population. Several leading paint and coating companies have already announced price hikes due to increases in costs of raw materials, labor, and transportation, which have affected the market growth. According to the US Bureau of Labor Statistics, the manufacturing prices of paint and coatings rose by 10.6 from August 2020 to August 2021.
For example, Sherwin-Williams recently imposed a
% Premium on most products until the end of 2021 to deal with rising prices and raw material shortages. Some raw material costs, including resins and polymers, have increased by nearly 20% and are expected to rise further. Other paint and coating companies have also announced price increases. PPG has raised prices at least twice this year to offset increased costs in everything from materials to transportation and wage increases. All the major end-user industries of acrylic emulsions have experienced a decline in demand, which directly affects the market growth.
Acrylic Emulsions Market Segment Analysis
Based on particle size, the acrylic emulsions market is segmented into small and large particles.
Large Particles Promote Segmental Growth
Controlling and Minimizing the Synthesis of New Particle Micelles by Combining Approaches that Polymerize Emulsions at High Concentrations Enforce the Growth of Larger Particles. Particle dispersion affects rheology and viscosity. Newtonian rheology increases significantly and latex viscosity decreases when the particle size distribution is wider at a given average particle size. Due to Newtonian rheology, the viscosity does not change during mixing, which can be important in some applications.
In addition, particle size affects emulsion viscosity. Small particles produce a high viscosity, while large particles often have a low viscosity. A narrower particle size distribution and selective avoidance of large particles can be crucial in digital printing applications. Since larger particles can prevent printhead formation by controlling and minimizing the synthesis of new particle micelles, a combination of high-concentration emulsion polymerization approaches forces the growth of larger particles. These methods, for example, it is often impractical to produce particles larger than one micron.
Acrylic Emulsion Market Geographic Analysis
Growing Renovation and Reconstruction in North America
North America appears to hold a significant share of the global acrylic emulsion market due to increased repair and reconstruction activities in the United States and other countries. Acrylic acid is still used in the manufacture of some of our most widely used industrial and consumer products. The acrylic esters methyl acrylate, butyl acrylate, ethyl acrylate, and 2-Ethylhexyl acrylate consume nearly two-thirds of US acrylic acid. Acrylic acid and its esters are called acrylates. It can be found in various colors, coatings, textiles, adhesives, and plastics.
The US construction industry continued to grow thanks to a booming economy and strong fundamentals in the commercial real estate market, as well as increased federal and state funding for public works and facilities. A country's population growth will almost certainly increase the demand for housing. In addition, countries with strong economies such as the United States and Canada have a lot of potential in the North American acrylic emulsion market. For example, almost all major manufacturers of acrylic emulsions such as Dow, Celanese Corporation, Lubrizol Corporation, and H.B. Fuller are headquartered in one of the nation's largest cities.
Acrylic Emulsion Companies and Competitive Landscape
The Acrylic Emulsion market is highly competitive with local and global companies. Companies are adopting growth strategies such as acquisitions, product launches, and collaborations that are contributing to the growth of the acrylic emulsions market globally.
The leading global acrylic emulsions market companies are Arkema S.A., BASF SE, Synthomer Plc., APEC, Ltd., Nissin Chemical Co., Ltd., The Dow Chemical Company, Celanese Corporation, Lubrizol Corporation, Ashland, and H.B. More complete.
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