PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1473819
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1473819
Polymer dispersions market size is anticipated to grow at over 5% CAGR between 2024 and 2032, driven by the increasing demand for eco-friendly and sustainable coatings, adhesives, and paints. This shift towards eco- friendly products is fueled by stringent regulations and growing consumer awareness regarding the importance of sustainability. For instance, in December 2022, the Mitsubishi Chemical Group developed a biodegradable dispersion solution with its plant-derived polymer BioPBS(TM) in collaboration with Chukyo Yushi Co., Ltd. This dispersion was introduced as a new grade for packaging materials for the latter's biodegradable RESEM bio.
Moreover, technological advancements and innovations in polymer dispersion formulations are enhancing performance characteristics, such as adhesion, color stability, and chemical resistance. The rising R&D efforts focusing on developing novel polymer dispersions with tailored properties to meet specific application requirements are also fostering product customization and differentiation
The polymer dispersion industry is segmented based on resin type, application and region.
In terms of resin type, the market value from the vinyl dispersion segment is anticipated to witness substantial growth through 2032, due to the versatility and wide-ranging applications across various industries. Vinyl dispersions offer excellent adhesion, flexibility, and durability, emerging ideal for use in coatings, adhesives, and sealants. Moreover, the growing demand for sustainability and low-VOC products is driving the adoption of vinyl dispersions as they provide a water-based alternative to solvent-based formulations.
With respect to application, the polymer dispersion market from the printing ink segment is projected to record robust CAGR from 2024 to 2032, as they offer improved color stability, adhesion, and print quality. As demand for high-quality printing continues to rise across industries, such as packaging, publishing, and textiles, the adoption of polymer dispersions in printing inks is expected to increase significantly.
North America polymer dispersion industry share will grow significantly between 2024 and 2032, attributed to the robust manufacturing and automotive sectors. The presence of stringent environmental regulations in the region is incentivizing the adoption of water-based polymer dispersions as eco-friendly alternatives to solvent-based formulations. Moreover, the expansion of the construction industry, driven by infrastructure development projects and residential construction will further boost the demand for polymer dispersions in architectural coatings.