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Global Bio-based Emulsion Polymers Market: Overview

The development of renewable based product will have a positive impact on the growth of the bio-based emulsion polymers market and will be suitable as drop-in substitutes to conventional emulsion polymers. First used in 2008 for paper coating application, bio-based emulsion polymers match the performance of synthetic binders and display as much as 35% replacement capability.

This publication is a comprehensive collection of historical data, current data, and projections for the global bio-based emulsion polymers market, which offers a qualitative and quantitative assessment of the current state of the market and where it is headed.

The report also discusses the vendor landscape of the market at length and identifies key players that will have a significant share in the global bio-based emulsion polymers market until the end of the forecast period in 2023. The companies are profiled for their distinguishing attributes of business position, financial overview, product portfolio, geographical reach, and recent developments. A SWOT analysis of the indicators of strengths, weakness, opportunities, and threats of the key players is included at the end of this section.

Global Bio-based Emulsion Polymers Market: Drivers and Restraints

The global bio-based emulsion polymers market is primarily driven by the need to address the concerns of conventional emulsion polymers. Stringent environmental regulations for the release of volatile organic compounds (VOCs) and fluctuating crude oil prices have put forth the need to replace conventional emulsion polymers with bio-based ones. Conventional emulsion polymers such as acrylics and styrene butadiene are crude oil derivatives and emit volatile organic compounds that are hazardous to the environment. Emulsion polymers are primarily used as binders in paper coating and paints and coatings applications. Apart from this, they are also used as concrete additives and as adhesives.

Bio-based emulsion polymers are synthesized using two techniques: bio-based latex polymer method and bio-based sugar macromer method. While the former uses starch derived from rice, potato, corn, and tapioca as raw materials, the latter uses sugar as a feedstock for the synthesis of polymers. Polymers that are derived from bio-based latex polymer technology are not only renewable but also provide improved performance in comparison to other polymers such as styrene acrylate and styrene-butadiene. Along with these factors, bio-based emulsion polymers enable up to 30% of bio-renewable content to be retrieved, which are contributing to the growth of the global bio-based emulsion polymers market.

Global Bio-based Emulsion Polymers Market: Regional Overview

The global bio-based emulsion polymers market can be divided into the regional segments of North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe hold the majority share of the global bio-based emulsion polymers market. In these regions, regulations for the use of synthetic emulsion polymers combined with increased consumer awareness for the use of bio-based products bode well for the growth of the bio-based emulsion polymers market.

Asia Pacific, except Japan, displays a relatively low demand for bio-based emulsion polymers. However, due to the substantial demand for conventional emulsion polymers, the demand for bio-based products is expected to be on the rise in the coming years.

Global Bio-based Emulsion Polymers Market: Competitive Landscape

Among the leading players in the global bio-based emulsion polymers market are Trinseo S.A., Dow Chemical Company, BASF SE, and Ecosynthetix. Companies in this market have commenced pilot projects and are expected to scale up to a commercial extent in the near future.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Bio Based Emulsion Polymers Market