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Acrylic emulsion is a smooth white polymeric emulsion, mainly produced with acrylic monomer going through polymerization, utilizing an initiator within sight of an emulsifier with water as a dissolvable. Acrylic emulsions are prepared by the emulsion polymerization process, where acrylic polymer droplets are dispersed in a water phase using an emulsifier and then polymerized.
The durability of acrylic emulsions is exceptional, making them utilized in various industries such as paints & coatings, building & construction, textile, and others.
The acrylic emulsions have magnificent adhesive and waterproofing properties, which are utilized in the material business, like non-woven textures, flannelette covers, and lamination. It is also utilized in civil engineering in cement mortar, caulking, and elastic cement. In addition, the acrylic emulsion is utilized for the coating material in indoor and outdoor water-based paint.
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The rising strides toward 'go green' and the application of 'cool roofs' due to an increased focus on reducing energy consumption drive the acrylic emulsion market. However, the availability of substitutes for acrylic emulsions is expected to restraint the market.
The rising strides toward 'go green' drive the elastomeric film market
There is a developing need to diminish the carbon impressions and 'become environmentally friendly, a few guidelines given by the Environment Protection Agency (EPA) to empower asbestos in roofing materials. For instance, as per the U.S. Green Building Council, buildings produce contamination both straightforwardly and in a roundabout way, addressing 39% of carbon dioxide discharges.
Acrylic emulsions are VOC-free. Unlike oil-based paints, acrylic emulsions eliminate concerns about health, safety, air quality and odor. In addition, they are designed to sustain extreme environmental conditions. Therefore, they are widely used in architectural, decorative paints for interior and exterior walls.
Paints & coatings companies are developing and launching environmentally friendly and low VOC content products, contributing to the market growth. For instance, Nissin Chemical co.,ltd. developed VINYBLAN, an acrylic emulsion that is soap-free emulsions. It does not include toxic substances such as formaldehyde and hormone-disrupting chemicals.
APEC, Ltd., a Korean company that works on environmentally friendly acrylic emulsions. The company developed ACRYCOTE APC-200, a pure acrylic emulsion for a paper coating that exhibits excellent water resistance, heat sealability, and high-performance vapor barrier, and designed to be environment-friendly, in compliance with U.S. FDA 21 CFR 176.170. When applied to coatings for disposable paper cups, ACRYCOTE APC 200 helps waste- and environment-conscious communities further conserve the natural environment by making recycling much easier.
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The acrylic emulsions market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa based on geography.
Asia-Pacific dominates the acrylic emulsions market with the growing construction and infrastructure industries in countries like China and India
Asia-Pacific region dominates the elastomeric coating market share with growing construction activities in countries such as China, India, and other countries. For instance, the Chinese government has extensive construction plans, such as making provisions for the movement of 250 million people to the new megacities.
As per the National Bureau of Statistics (NBS), in 2020, real estate investment in China rose 7.0%, accelerating from a 6.8% gain in the first 11 months of the year.
Furthermore, in 2017, the Indian government announced an investment worth US$ 31,650 billion to construct 100 cities under the smart cities plan. In addition, one hundred smart cities and 500 cities are likely to invite investments worth around US$ 28.18 billion.
Approximately 9% of India's GDP is spent on infrastructural services. India's government has given enormous momentum to the infrastructural sector by allocating US$ 92.22 under the Union Budget 2018-2019.
Therefore, with the growing construction activities and infrastructure, elastomeric coating demand is expected to increase over the forecast period rapidly.
The acrylic emulsions market is highly competitive with the presence of local and global companies. Some of the key players contributing to the growth of the market include Arkema S.A., BASF SE, Synthomer Plc., APEC, Ltd., Nissin Chemical co.,ltd., The Dow Chemical Company, Lubrizol Corporation, Celanese Corporation, Ashland, H.B. Fuller, among others. The companies are adopting growth strategies such as acquisitions, product launches, and collaborations, which contribute to the growth of the acrylic emulsions market globally.
Paints and Coatings Market, Polymer Emulsions Market, Aerospace Coatings Market, Protective Coatings Market, Crude Sulphate Turpentine Market
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