A copious number of regional as well as locally prominent players account for the intense competitionin the global acrylic emulsions market,
 notes Transparency Market Research (TMR). However, the market is
largely organized one with a handful of global players, leading to low
bargaining power resting with buyers and suppliers. This is attributed
to the threat of forward integration along with no noticeable gap in raw
 material demand and supply.

Companies exhibiting a prominent presence
 in the market include The Dow Chemical Company, The Lubrizol
Corporation, DIC Corporation, Celanese Corporation, Ashland Inc.,
Synthomer Plc., H.B. Fuller, Clariant, BASF SE, and Arkema S.A. A
growing number of leading players are focusing on product launches and
entering into mergers and acquisitions, in a move to maintain a
stronghold in the market, finds TMR. Several top players are keen on
expanding their presence to new geographic areas in order to consolidate
 their shares.

According to TMR, the global acrylic
emulsions market was worth US$5,915.9 million in 2017 and is anticipated
 to touch a valuation of US$8,792.6 million by 2022 end. The market is
projected to rise at a healthy CAGR of 8.2% from 2017 to 2022.

The major product types are acrylics and
vinyl acetate polymer. Of all the key segments, acrylics leads the pack
and accounted for the dominant share in 2017. The product segment is
expected to hold its sway throughout the forecast period by registering
the leading year-on-year absolute growth. Expanding at a CAGR of 8.3%
during the assessment period, the acrylics segment will be worth
US$5,533.0 million by the end of 2022. The vastly rising uptake of
acrylic in various consumer and industrial end-use products is driving
the growth of the segment.

Geographically, Asia Pacific except Japan
 (APEJ), is projected to present substantial attractive opportunities
over the forecast period. The region accounted for the leading share in
2017 and is likely to retain its dominance in the coming years as well.
The APEJ market is estimated to gain 81 basis point in its share during
2017–2022.

Extensive Use in Formulating Paints & Coatings for Residential & Commercial Sector Boosts Market

The global acrylic emulsions market is
driven primarily by the widespread use in making in adhesives and
sealants, construction additives, paper coatings, and paints and
coatings. The wide use is attributed to several attractive properties
these emulsions exhibit. The ability to enhance the processing ability,
boost performance, and improve the appearance of various end products
are some of the compelling functions accounting for the ideal use of
acrylic emulsions.

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The vast strides experienced by the
construction sector in several developing economies is aiding in the
rapid expansion of the market. A substantial rise in residential and
commercial building activities in a number of emerging and developed
nations is fueling the uptake of coatings, which in turn will spur the
demand for acrylic emulsions. The growing use of acrylic emulsions in
graphic arts and premium quality decorative paints used in residential
buildings is a notable factor accentuating the global market. The swift
pace of industrialization, coupled with the vast rise in disposable
incomes, in developing regions will contribute to the burgeoning demand
for acrylic emulsions in such applications. The rising popularity of
water-based paints is a crucial factor accentuating the market over the
forecast period.

Attractive Functional Profile Leads to Low Threat of Substitutes Benefitting Market

The low threat of substitutes is a
prominent factor that will aid in the rapid expansion of the market.
Manufactures of acrylic emulsions largely benefit from the lack of
suitable alternatives for various end-use applications. The attractive
functional profile of acrylic emulsions in making high-performing paints
 and coatings is a noteworthy factor bolstering its uptake. Pure (100%)
acrylic emulsions witness wide applications for a number of industrial
and consumer end-use products, notably architectural decorative and
industrial coatings.

The rise in infrastructural developments
and in various developing regions and a burgeoning construction industry
 are likely to expand the opportunities in the market in the years to
come.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Acrylic
 Emulsions Market (Product Type – Acrylics and Vinyl Acetate Polymer;
Application – Water-based Paints, Adhesives & Sealants, and
Paper/Paperboard Coatings) – Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2017 – 2022