The global "Polymer Binders Market by Type (Acrylic, Vinyl Acetate, and Latex), Form (Liquid, Powder, and High Solids), Application (Architectural Coatings, Adhesives & Sealants, Textile & Carpets, Paper & Board, and Construction Additives), and Region - Global Forecast to 2023", The polymer binders market is projected to grow from USD 24.1 billion in 2018 to USD 35.0 billion by 2023, at a CAGR of 7.8% during the forecast period. The growth of the polymer binders market can be attributed to the rising per capita paint consumption in APAC and the global growth in the construction industry. In addition, the increased demand for technical textiles is expected to drive the demand for polymer binders, globally.
Browse 69 market data Tables and 41 Figures spread through 123 Pages and in-depth TOC on "Polymer Binders Market by Type (Acrylic, Vinyl Acetate, and Latex), Form (Liquid, Powder, and High Solids), Application (Architectural Coatings, Adhesives & Sealants, Textile & Carpets, Paper & Board, and Construction Additives), and Region - Global Forecast to 2023"
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The growing construction industry globally to drive the polymer binders market during the forecast period.
Polymer binders are mainly used as mortar additives for the performance modifications of mortars. It is also used in paint & coating formulations. Growth in the construction industry drives the demand for architectural coatings and mortar which will have a positive impact on the growth of the polymer binders market. The global construction output will grow by 85% to reach USD 15.5 trillion by 2030. China, the US, and India, three major countries, are expected to contribute more than 50% to the overall growth of the construction industry due to economic growth in these economies. According to the Asian Development Bank (ADB), based on the current growth rate of APAC, the region requires an investment of USD 1.7 trillion till 2030 for its infrastructure. This scenario is favorable for the growth of the polymer binders market.
Vinyl acetate is projected to be the fastest-growing type segment of the polymer binders market.
The vinyl acetate type segment of the polymer binders market is projected to register a higher CAGR between 2018 and 2023. The growth of the vinyl acetate segment can be attributed to its excellent pigment binding capacity and excellent oil & grease and dust resistance. This polymer binder is efficient in terms of performance as compared to acrylic, owing to which vinyl acetate has high demand in the adhesives & sealants, carpet backing, and paper binding applications. Apart from these applications, it is also used in the architectural coatings, paper & board, and construction additives applications.
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APAC to be the fastest-growing regional segment of the polymer binders market.
APAC is projected to be the fastest-growing polymer binders market. The growth of the APAC polymer binders market can be attributed to the presence of the largest textile producing countries, such as India, China, and South Korea. Additionally, the increasing demand for architectural coatings from the rapidly growing construction industry is expected to drive the APAC polymer binders market during the forecast period.
Most active players in the polymer binders market:
BASF (Germany), DowDuPont (US), Celanese Corporation (US), Arkema (France), Wacker (Germany), Trinseo (US), Taogosei (Japan), Synthomer (UK), Dairen Chemical (Taiwan), and OMNOVA (US) are the leading players operating in the polymer binders market.
This research report categorizes the polymer binders market based on type, form, application, and region. Based on type, the polymer binders market has been segmented into acrylic, vinyl acetate, latex, and others. Based on form, the market has been segmented into liquid, powder, and high solids. Based on application, the market has been segmented into architectural coatings, adhesives & sealants, textile & carpets, paper & board, and construction additives. Based on region, the polymer binders market has been segmented into North America, APAC, Europe, South America, and the Middle East & Africa.
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Mycotoxin Binders - MARKET ADVISORY SERVICES
Mycotoxin binders are routinely added in such cases as safety measures and as some form of assurance to customers.
A variety of substances have the ability to bind mycotoxins.
The most commonly used and most researched mycotoxin-binding agents are the aluminosilicates – clays and zeolites.Leading companies operating in the global market for Mycotoxin binders are pouring money into research and development of new and better products.
This way they are trying to tap into a larger customer base and grow their sales and revenues.
The global Mycotoxin Binders market is expected to grow at a CAGR of 5.61% during 2018-2026.
Mycotoxin Binders - MARKET ADVISORY SERVICES
Mycotoxin binders are routinely added in such cases as safety measures and as some form of assurance to customers.
A variety of substances have the ability to bind mycotoxins.
The most commonly used and most researched mycotoxin-binding agents are the aluminosilicates – clays and zeolites.Leading companies operating in the global market for Mycotoxin binders are pouring money into research and development of new and better products.
This way they are trying to tap into a larger customer base and grow their sales and revenues.
The global Mycotoxin Binders market is expected to grow at a CAGR of 5.61% during 2018-2026.
Reports and Data have recently added a new report titled “Global Polymer Binders Market Research Report 2021” to its ever-expanding repository which offers a comprehensive overview of the Polymer Binders market including current and emerging trends, consumer behavior patterns, competitor strategies, brand promotions, and product launches, among others.
The study also offers a comprehensive outlook for the driving and restraining factors along with micro and macro-economic factors expected to affect the growth of the industry.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1049The investigative report on the Polymer Binders market assesses the global market for the Polymer Binders industry and offers estimates for the market in terms of revenue and capacity for the forecast period 2021-2028.
The report also analyzes the key companies engaged in the industry along with their product portfolio, business overview, strategic expansion plans, revenue generation, market share and size, regional presence, and production and manufacturing capacity.
It also offers details about the recent mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, brand promotions, and product launches, among others.Polymer binders are generally used as mortars and are being increasingly used in buildings and other structures.
Increasing global construction activities is expected to lead to an increase in the demand for architectural coatings and mortar.
Furthermore, the rising number of product approvals, launches, and strategic alliances have significantly contributed to market growth.
