Global Polymer Binders Market: Overview
The global polymer binders market has grown steadily over the years and is expected to maintain the momentum in near term as well. Polymer binders are considered valuable raw materials in construction and coating industry. They are majorly used in the repair mortar, skim coats applications, decorative and waterproofing mortar to upgrade mortar properties. Polymer binders enhance durability, workability, tensile and flexural strength. They provide excellent bonding strength which makes them ideal for motor modifications. The applications of polymer binders cover the areas such as adhesives and sealants, architectural coatings, construction additives, paints and coatings and paper and board industry. Polymer binders have excellent water resistance, alkali and abrasion resistance, and pigment binding capacities.
An upcoming report on the global polymer binders market by Transparency Market Research intends to present actionable insights to key stakeholders in it. The report would examine thoroughly the various factors triggering growth and thereby shaping the contours of the market. The report would provide an objective analysis on the competitive landscape. It would also throw the light on opportunities, pitfalls and historical and current figures on sales and revenues. The report would also try to unravel the growth pace of the global polymer binders market.
Global Polymer Binders Market: Key Trends
Growing demand for both private and public construction projects, increasing usage of polymer binders in the flooring and tiling, plastering, mortar mix and insulation systems are projected to be driving the global polymer binders market. Polymer binders replaced the conventional resins which is used in solvent borne coatings. Powder coatings, waterborne polymer dispersion and UV/EB curing systems are adopted widely in many industries due to their environmental friendly nature. Such applications of polymer binders are expected to be fueling the global polymer binders market.
Polymer binders help in making core-shell structures in cement and paints compositions. A recent trend of using good performing and low-cost architectural coatings is predicted to boost the global polymer binders market. Polymer binders are also used in binder crosslinking in cation-anion interactions, crosslinking of oligomeric material under UV/EB radiation and binder crosslinking in the reaction with molecules. Rising demand of waterborne polymer dispersions in coating industry and growing emulsion polymerization techniques would give a thrust in the global polymer binders market.
Global Polymer Binders Market: Regional Outlook
Geographically, there is a high possibility of China and India polymer binders market outpacing others with regard to growth pace. This is because of the rapid infrastructural development to meet both private and public needs in these countries. Rising consumers in adhesives and sealants and growing textile industries could be responsible for driving demand in the global polymer binders market. Other prominent countries in the global polymer binders market could be the U.S and South Korea.
Global Polymer Binders Market: Competitive Dynamics
Some of the prominent participants in the global polymer binders market are DowDuPont, BASF, Celanese, Trinseo, Dairen Chemical, Wacker, and Synthomer. The upcoming report aims to unveil their products, market share and geographical outreach.
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
- 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.