Scienza e Tecnologia
Polymer Dispersion Market Find Vast Avenue in Eco-friendly Paints & Coatings, Hybrid Polyurethane-Acrylic Coatings to Gather Steam: TMR
ALBANY, N.Y. , Nov. 23, 2020 /PRNewswire/ -- The demand for environment-friendly polymer applications in the adhesives and sealants, carpet backing, and printing inks industries is key to the expansion avenue in the polymer dispersion market. The development of high-efficiency sealants and adhesion has thrived on the back of advances in nano-dispersion technology.
Industry players in the polymer dispersion market are aiming at new approaches for paving way to innovation products for end-use industries. Notably, several of them have benefitted from adopting methods for crosslinking polyurethane dispersions for wood coating application.
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Geographically, Asia Pacific is a markedly lucrative regional market. Several manufacturers vying for competing gains are targeting avenues in the region. To this end, many have expanded their production capacities to the region, especially to India and China . The rise in application of water-based polyurethane and acrylic dispersions have spurned new revenues in the regional market. Also, the demand for latex and vinyl acetate emulsion polymers has risen in the automotive application, which in turn has spurred the regional market's growth.
Europe is a markedly lucrative market. The demand for coatings with low VOC content in the region is spurred by regulatory norms. Water-based polymer dispersions are extensively used to make such environmentally friendly coatings.
However, it is Asia Pacific that held the sway in 2018 by holding the major share. In the years of forecast, the share of the regional market is expected to rise. Strides made in paints, coatings, and adhesives will spur the application of polymer dispersions.
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Chemicals and Materials
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