Global Polymer Binders Market Size was calculated around USD 23.9 billion by 2018 and is estimated to reach up to USD XX.XX billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 7.12% during the forecast period, i.e. 2017-2025.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

Polymer binders are substances that are used in various solvent preparations, as it strengthens the binding properties of the particular solvent or substance. There are many commercial polymer binders available in market that does not only enhance the properties of a solvent, but also very environment-friendly and versatile.

Market Dynamics

In 2018, Polymer Binders Market Size was valued nearly USD 23.9 billion, and is expected to grow significantly over the forecast period, owing to rise in construction activities across the globe that has escalated the demand for paint and hence polymer binders. Growing concern over chemicals released from paints have fueled the demand for organic polymer binders, which in return is boosting the growth of polymer binders market. Furthermore, advancement in chemical technology and rising number of market players that are manufacturing innovation polymer binders laced with amazing features is also expected to propel the growth of polymer binders market during the forecast period. The rise in demand of technical textiles, where polymer binders play a crucial role is also anticipated to aid the growth of polymer binders market over the forecast period. However, low compatibility of some polymer binders with specific chemical or chemical agents can hinder the growth of the polymer binders market in the upcoming years.

Segment Analysis 

Among form, powder segment is expected to hold the major market share in the global polymer binders market, owing to high versatility offered by powder binders to get mixed with any kind of substance and endure relevant performance. Powder polymer binders are also easy to preserve and store as compared to other forms. Another significant reason for the growth of the segment is its low temperature sensitivity.

Among applications, polymers binders are expected to be highly utilized as construction additives due to its efficiency to bind chemical materials such as paint and plaster of paris effectively. Low cost of polymer binders play significant role in binding materials for construction, when required in a budget tight or low budget construction.

Regional Analysis

Asia Pacific is expected to grow fastly in the global polymer binders market, owing to the presence of countries such as India, South Korea, and China, where textile is a well-established industry and polymer binders are highly used in specific textiles. Rising construction industry in Asia Pacific due to rise in population is helping in promoting the growth of polymer binders market in the region, as polymer binders are a crucial part of modern time home paint.

Global Polymer Binders Market Size, Share Analysis By Region 2017

North America is anticipated to witness slow but crucial rise over the forecast period, owing to rising demand of environment and budget friendly paint options in the region. Rising number of market players in North America is also expected to propel the growth of polymer binders market of the region. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.

Polymer Binders Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Polymer Binders Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in polymer binders market are included as primary sources of the supply side.

After performing comprehensive engineering of polymer binders market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Competitive Landscape

Major players performing in polymer binders market include DowDuPont, Dairen Chemical, Wacker, BASF SE, OMNOVA, Celanese Corporation, Taogosei, Arkema, and Trinseo. Major market players are focusing on development of novel product launches and merger activities to remain prominent in the market in long term.

Global Polymer Binders Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.

The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.

Why Choose us?
• We offer the best industry research services.
• Our panel of experts has tremendous experience in their respective fields
• We use advanced analytical tools to provide highly personalized industry intelligence research.
• We provide easy-to- use information.
• Qualitative and Quantitative market research
• Market size assessment across various segments
• Potential early warning signals posed by existing market players
• Providing benchmark metrics by comparing an organization across the industry
• Competitive assessment which may impact business and product evaluation
• Insights about government or legal changes that might impact market statistics
• Operational cost optimization strategies