What Acrylic Emulsion?
Acrylic Emulsion is the acrylic polymer and water combination. Acrylic emulsions are intrinsically UV-stable polymers capable of creating a wide range of coatings, from highly flexible and soft coatings for pressure-sensitive adhesives or formulas for roof coatings to very hard, scratch-resistant coatings for concrete or wood floors. Acrylic emulsions have gained great success in modern industrial chemistry. It is used in page lamination, as an additive for paints helps to enhance abrasion resistance, washability, and resistance to fungi. Acrylic emulsion is used in civil engineering as well as in the textile industry as it has fine adhesive and waterproofing properties. They are also used as an important source by graphic arts industries and industrial coating. Acrylic emulsion paints are water-based paints with the advantages of low cost, easy application, quick drying, and low toxicity.
Here is driving factor that increases the opportunity for the acrylic emulsion market:
Increasing usage in end-use industries:
Polymer emulsions were widely used in a variety of end-use sectors, including textile, chemical, automotive, paper, consumer durables, and others. The demand from such industries is growing daily as a result of changing lifestyles, greater urbanization, and rising net income. The usage of acrylic emulsions is rapidly expanding for the application of paints and coatings, adhesives and sealants, and other materials in end-use industries. Additionally, the water-borne acrylic emulsions are tough, affordable, and eco-friendly, which boosts their demand from end-use industries.
Here is the restraining factor that hinders the growth of the acrylic emulsion Market:
Fluctuation in raw material prices:
Volatility in raw material prices can hinder the growth of the acrylic emulsion market. Styrene and acrylic monomers, which go through polymerization, are the raw components utilized to make an acrylic emulsion. Crude oils are used as the primary raw material in the production of acrylic monomers. The availability of crude oil is always fluctuating, which affects acrylic monomer cost. Manufacturers find it challenging to predict manufacturing costs and maintain stability. Additionally, shifting raw material costs have an impact on the cost of final items, making it difficult to maintain market competitiveness.
Conclusion:
The rising demand from end-use industries like textile, chemical, automotive, paper, consumer durables, and others increased the demand for acrylic emulsion. Moreover, the growing population, favorable government regulations, and rising infrastructural development are driving the growth of the acrylic emulsion market. Fluctuation in raw material prices impacting the cost of production of the acrylic emulsion, is expected to hamper the growth of the market.
Author's Detail:
Sonali Shinde /
LinkedIn
Working as a research analyst in the Chemical & Materials domain. I gained experience in formulating strategic insights, trend analysis, market estimations, competitive landscapes, M&A analysis, DRO, report writing, secondary research, and quantitative research. I also have experience in using a range of statistical and analytical tools to analyze data.
