EuropeBio-emulsion Polymers Market: Introduction
TransparencyMarket Research delivers key insights on the bio-emulsion polymers market inEurope. In terms of revenue, the bio-emulsion polymers market in Europe isestimated to expand at a CAGR of ~8% during theforecast period, owing to numerous factors regarding which TMR offers thoroughinsights and forecasts in its report on the bio-emulsion polymers market inEurope.
Thebio-emulsion polymers market in Europe is driven by the rise in demand for bio-emulsionpolymers in the paints & coatings application.
Europe Bio-emulsion PolymersMarket: Dynamics
Bio-emulsionpolymers are extensively used in paints and coatings. The rise in consumerpreference for low emission coatings, owing to increased awareness about theadverse health effects of volatile organic content (VOC) in chemical products,has led to a shift toward greener coating solutions. Furthermore, painters areincreasingly showing interest for wall paints with lower VOC content andreduced toxicity of in coating formulations. The European Union has setvolatile organic content (VOC) limits for various products (includingcoatings). These factors are expected to boost the bio-emulsion polymers marketin Europe in the near future.
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Rise indemand for greener alternatives and increase in stringent regulations oncoatings with higher VOC content are driving manufacturers operating in thepaints & coatings market to introduce new and greener products. Thus,markets for bio-based products and bio-emulsion polymers are expanding at asignificant pace.
The rise inthe number of upcoming commercial buildings in Europe is expected to propel thepaints & coatings market in the region. Additionally, the paints &coatings market is likely to expand due to increase in reconstruction andrenovation activities in the construction sector in the region. Thus, expansionof the paints & coatings industry is likely to propel the bio-emulsionpolymers market in Europe.
Increase inthe number of regulations on the usage of fossil fuel-based products and risein the number of restrictions on the use of hazardous chemicals are anticipatedto propel the demand for alternatives across the region. Furthermore, Europe ishome to established major manufacturers such as DowDuPont Inc, Koninklijke DSMN.V., and BASF SE. These companies engage in the production of green polymers.This is expected to fuel the bio-emulsion polymers market in the region.
Increase inawareness about environmental issues and manufacturers’ shift toward the developmentof bio-emulsion polymers for paints & coatings and adhesives & sealantsapplications are expected to offer significant opportunities for thebio-emulsion polymers market.
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Europe Bio-emulsion PolymersMarket: Prominent Country
Thebio-emulsion polymers market in Germany is expected to be expand at asignificant pace during the forecast period, owing to the expansion ofconstruction and automotive industries in the country. Rise in the number oflegislations on decreasing the VOC content in paints & coatingsformulations by regulatory bodies such as the EPA (Environmental Agency) andREACH (Regulation for Registration, Evaluation, Authorization and Restrictionof Chemicals) is expected to drive the bio-emulsion polymers market across thecountries of Europe. Furthermore, increase in innovation and technologicaladvancements in the bio-emulsion sector are projected to propel the market forbio-emulsion polymers in countries and sub-regions of Europe.
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Europe Bio-emulsion PolymersMarket: Key Players
Thebio-emulsion polymers market in Europe is consolidated with the presence of afew players. Key players operating in bio-emulsion polymers market in Europeare BASF SE, Aquapak Polymers Ltd, Lactips, Arkema S.A., and DSM.
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