Global coating emulsion polymer in 2020 will reach 5 million tons

Global coating emulsion polymer in 2020 will reach 5 million tons

2017-04-27 16:12:18
admin

Coating industry:
According to industry research firm FreeDonia latest edition of the research report shows that the global paint and coatings emulsion polymer consumption will reach 5 million tons in 2020, compound annual growth rate is about 5.4% and become the main market for all types of emulsion polymer products consumption.
The paint industry in the major regions of the world are continuing to develop in the direction of water, so the demand for water based latex paint will promote the further growth of emulsion polymer consumption. It is expected that in developing countries, the development of water-based coatings will be the most obvious, because these markets in the rapid growth of the overall coating industry at the same time, most likely to replace water-based solvent based paint.
In addition, the healthy development of the construction industry in North America as well as the recovery of Western Europe's economy, will also further demand for emulsion polymer product consumption.
Upgrading from a solvent based to an aqueous system is the most important strategy to meet the requirements of VOC regulations. In North America and Western Europe, the trend of waterborne coating system is the most common, because these areas are the most stringent emission regulations. At the same time, because of the water technology to meet environmental regulations and its performance advantages (such as durability, low odor, easy to use and clean, etc.), has been rapidly gaining consumer interest in the world.
FreeDonia company believes that in 2015 the water paint has accounted for more than half of global paint and paint production, the rest of the system includes solvent based coatings, powder coatings and radiation curing products. Water based coatings are dominant in most areas of the architectural coatings market, but in developing countries (such as India) the utilization rate is low, because these countries are still heavily dependent on lower quality products.
In addition, the Asia Pacific region is also in the market for water-based paint, because Japan and South Korea and other large industrial projects dominated the industrial structure, resulting in industrial coatings more dominant than building coatings.
In addition, the report also shows that the global emulsion polymer overall demand in 2015 is 10 million 200 thousand tons, the market value of $27 billion 500 million, an average annual growth rate in the future is expected to reach 4.2% by 2020, the total amount of up to 12 million 500 thousand tons, the market value of $37 billion 200 million. Growth momentum, in addition to high quality coatings, but also strong growth in consumption of paper and adhesives, especially in emerging economies in Southeast Asia.
Chinese is expected in 2020 will account for more than 25% of the global sales of emulsion polymer, its domestic paint, paper and adhesive industry has received great support for consumption, and limit the increasingly stringent emission regulations, are rapidly to water-based formula transformation. But the world's fastest growing consumer of emulsion polymers will be India, due to the increase in household income increases, the country's building coating product consumption growth will be very strong.
Acrylic latex suppliers will continue to find significant growth opportunities in Malaysia, the local production of nitrile gloves are rising rapidly.
Until 2020, is expected to acrylic emulsion polymer will still be the largest and the fastest growing product types, this is mainly due to growth in the application of emulsion building coating in the development area, and the proportion of water technology in the domain of high performance industrial coatings and special coatings increasing. Strong growth in the adhesive market will promote the growth of vinyl acetate polymer sales, while high quality coated paper production is expected to increase the demand for styrene butadiene rubber products.

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