Polymer emulsions are milky-white liquids consisting of polymers dispersed in water. The main applications of polymer emulsions include paints, coatings, adhesives, and sealants. The expansion of the construction and automotive industries in Europe has resulted in the growth of the aforementioned application segments, and thus is estimated to drive the growth of the European polymer emulsions market during the forecast period of 2013-2018.
The European market is the second-largest segment in the global polymer emulsion market, having accounted for 31.87% in 2013. This market has witnessed considerable growth in the use of acrylic emulsions and styrene butadiene latex emulsions in recent years, where the two emulsions respectively accounted for market shares of 34.6% and 28.6% in 2013. Germany is the most important country in the European polymer emulsions market, which recorded a market share of 39.7% in 2013. In terms of applications, the market is dominated by the paints & coatings segment with a share of 39.9% in 2013.
Europe is known for its stringent environmental regulations implemented in chemicals, paints, rubber, and other industries. The stringent regulations with respect to emulsions has led to a shift in demand from solvent-based to lower VOC-based products, since solvent-based emulsions have been observed to result in severe environmental hazards. Moreover, the region has witnessed heavy investment in the infrastructure and building & construction sectors from governments as well as private companies. The growth and expansion of these sectors has led to the growth of the paints & coatings industry, and thus the polymer emulsions market as well. Some of the important companies catering to the European polymer emulsions market are BASF SE (Germany), Arkema S.A. (France), and AkzoNobel N.V. (Netherlands), among others.
The European polymer emulsion market report provides insights into the segmentation of this market. The market has been segmented in terms of applications, types, and main countries in the region. On the basis of applications, the market has been segmented into paints & coatings, paper & paperboard, and adhesives & sealants. On the basis of types, the market segments considered in the report include acrylic emulsion, polyurethane dispersions (PUD), styrene butadiene latex emulsion, and vinyl emulsion. Countries that have been considered for the market analysis include Germany, France, Italy, and the U.K., among others. The report also elaborates on the market dynamics, which includes drivers, restraints, and the opportunities for existing as well as new players in the European polymer emulsions market.
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