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Report updated on 11th September, 2021: Global Polymeric Binders Market 2021 (Includes Business Impact of COVID-19)Global Polymeric Binders Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights, which offers in-depth insights, revenue details, and other vital information regarding the global polymeric binders market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global polymeric binders market report has been segmented on the basis of vehicle, component, technology, end use industry, and region.The global Polymeric Binders market size was valued at USD$27.74 billion in 2020 and is projected to reach UDS$ 56.75 billion by 2030 is anticipated to expand at a CAGR of 7.27% over the forecast period from 2020 to 2030.
Introduction:Polymeric binders are used as raw materials in coatings and in construction industry. Traditional coating systems were based mainly on alkyd and alkyd-modified resins used in solventborne formulations or on simple binders like lime, natural oils or glue.
Dynamics:Rising per capita paint consumption and increasing demand from construction industry, owing to increasing construction and reconstruction activities in developed and developing countries are major factors expected to drive growth of the global polymeric binders market. In addition, increasing demand for polymeric binders from technical textiles is another factor expected to drive the demand for polymer binders across the globe over the forecast period. Moreover, wide application of heterogeneous polymers as core-shell structures in paints and cement compositions is another factor which is further expected to boost the growth of global polymer binders market. Furthermore, wide applicability of compound in coatings sector as compared to traditional solventborne coating is another factor will steer the revenue growth of polymer binders market. However, increasing risks associated with spray drying in the production of powdered polymer binder is a major factor expected to restrain growth of the global polymeric binders market to certain extent. Increasing investment by major players of technological advancements and R&D activities are expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period. In addition, increasing expansion activities through strategic merger and acquisition is expected to further support growth of the target market to certain extent.
Region Analysis:The market in Asia Pacific is expected to dominate the global polymer binders market and is expected to continue its dominance over the forecast period. The dominance can be attributed to increasing demand from construction sector and presence of major players operating in the emerging economies in this region. In addition, presence of largest textile producing countries, such as India, China, and South Korea, coupled with growing demand from textile industry is expected to further support growth of the target market in this region over the forecast period. The markets in North America and Europe is expected to contribute significant revenue shares in the global market, owing to increasing construction and reconstruction activities in the countries in this region. The market in Latin America is expected to witness moderate growth, owing to increasing presence of major paint & coating manufacturers operating in developing countries such as Brazil and Argentina in this region.
Below are the active patents related to Polymeric Binders Market.Patent Number: US20130130025A1 Polymer Latex Blends and Applications Thereof Abstract Disclosed are blended latex dispersions which can be used as binders in paper coating compositions. Such latex dispersions comprise a first copolymer of a vinyl ester of an alkanoic acid having from 1 to 13 carbon atoms and ethylene; and a second copolymer of (i) styrene and butadiene, (ii) styrene, butadiene and acrylonitrile, or (iii) styrene and an acrylic monomer, wherein the first and second copolymers are colloidally dispersed in an aqueous medium comprising a surfactant. The paper coating compositions containing latex dispersion binders of this type preferably exhibit especially desirable coating strength as quantified by the Dry Pick Values which such compositions provide. Application File Date: 2012-11-16 Application Granted Date: 2014-12-30 Current Assignee: Celanese International Corp Patent Number: US9273221B2 Acrylic latex binder and method of preparation Abstract The present invention relates to a process comprising contacting methyl methacrylate or styrene; a C1-C10-alkyl acrylate; and a polymerizable carboxylic acid monomer with a stable aqueous dispersion of first polymer particles, under emulsion polymerization conditions, to form a stable aqueous dispersion of second polymer particles. The first polymer particles have a Tg in the range of from -30° C. to 30° C., and the monomers have a calculated Tg in the range of 50° C. to 120° C. The present invention also relates to the dispersion of second polymer particles, which is useful as a binder to improve freeze-thaw stability in a coatings formulation. Application File Date: 2014-01-31 Application Granted Date: 2016-03-01 Current Assignee: Rohm and Haas Co Patent Number: US20120152459A1 Styrene-Acrylic-Based Binders and Methods of Preparing and Using Same Abstract Styrene-acrylic-based binder compositions and methods for their preparation and use are described herein. The binder compositions include a filler and a binder comprising a styrene-acrylic-based copolymer. In some embodiments, the copolymer has a gel content of less than 75%. In some embodiments, the copolymers can be derived from at least one crosslinkable monomer. The weight ratio of filler to binder in the compositions is at least 5:1. Application File Date: 2011-12-13 Application Granted Date: 2016-04-12 Current Assignee: BASF SE
Global Polymeric Binders Market Segmentation:By Type:
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Polymeric Binders Market Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis | read more...