Published on December 9, 2013
Global Emulsion Polymer revenue is likely to generate US$ 41.63billion by 2019, according to a research report. In 2012 revenue generated was US$ 28.24 billion which is expected to grow at the CAGR of 5.7% from 2013-2019. In 2012 Acrylics and Styrene-butadiene latex are accounted for the major share of the Emulsion Polymer market in terms of both revenue and volume.
Vinyl Acetate Polymer and Ethylene Vinyl Acetate Emulsion Polymer are the other types that are used in market. Report suggests that global market for Emulsion polymer is growing at good rate from last few years and expected to grow further in next five years. Revenue from the Asia-Pacific region was approx $17,320.5 million from Emulsion Polymer in 2012. Demand of Emulsion Polymer is increasing due to hike in demand from its end-user industries like transportation, building & construction and consumer durables. Overall this market is moving at regular pace in Indian market.
Polymer market is going on good pace; end users as well as producers are in good mood of trading. Demand as well as production shows good amount for the current week. Industry sources said that it’s the time to stock inventory for the further production because market for polymer is uncertain ahead related to its prices. They added that prevailing prices of polymers are helpful in reducing their production cost and added value to their profitability.