Polymer emulsions refer to the milky-white liquid, which is constituted by minute particles of polymer dispersed in water. The emulsions are normally found to constitute dispersing agents or thickening agents, depending on the application. One of the biggest advantages of polymer emulsions is the ready-made availability and the ease of application. The growth of the automotive and construction industries in the region is estimated to drive the growth of the North American polymer emulsions market in the coming years.
The North American market accounted for a share of 27.10% of the global polymer emulsions market in 2013. In terms of applications, the North American market is dominated by the paints & coatings segment, with a share of 39.1% in 2013, followed by the adhesives & sealants segment with 28.8% in 2013. Acrylic emulsions are the most commonly used type of polymer emulsions in the North American region, having accounted for a market share of 43.9% in 2013. The adhesives & sealants segment is one of the rapidly emerging applications of polymer emulsions in North America.
Owing to the stringent environmental regulations, the demand for solvent based paints & emulsions has reduced considerably in recent years, thereby leading to a significant growth in the demand for lower VOC-based emulsions. The growth of the automotive sector in Mexico, the demand for easy-to-use paints & coatings, and the growing demand for protective coatings in the oil & gas industry are among the important factors driving the growth of the polymer emulsions market in North America. The main companies catering to the rapidly growing North American polymer emulsions market include The Dow Chemical Co. (U.S.), Lubrizol Corporation (U.S.), and Cytec Industries, Inc. (U.S.), among others.
The North American polymer emulsions market report provides details of the market segments. The market has been segmented in terms of types, applications, and main countries in the region. On the basis of types, the market has been segmented into acrylic emulsion, polyurethane dispersions (PUD), styrene butadiene latex emulsion, and vinyl emulsion. The application verticals for the polymer emulsions market are adhesives & sealants, paints & coatings, and paper & paperboard. The U.S., Canada, and Mexico are the countries that have been considered for this extensive and technical market analysis. The market report also provides insights into the competitive landscape and strategies of the key players in the North American polymer emulsion market.
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