Polymer Binder Market Report and Forecast 2025-2034
Market Report I 2025-08-13 I 167 Pages I EMR Inc.
The global polymer binder market attained a value of USD 32.73 Billion in 2024 . The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 7.90% to reach USD 70.01 Billion by 2034 . The rising construction industry is primarily driving the market.
Market Segmentation
Polymer binder refer to valuable building and coating raw materials. They are mainly used to repair and improve mortar characteristics, skim coat applications, for decorative mortar and waterproofing applications. Polymer binder improve durability, workability, tensile strength and bending strength. The bonding power is outstanding, making it ideal for motor modifications. Polymer binder are used in areas like adhesives, sealants, architectural coatings, building additives, paints and laminates as well as in the paper industry. Polymer binder have outstanding resistance to water, alkaline and abrasion, and pigment binding capacity.
Based on form, the polymer binder market can be divided into:
- Liquid
- Powder
- High Solids
On the basis of type, the polymer binder market is segmented into:
- Acrylic
- Latex
- Vinyl Acetate
- Others
The polymer binder market can be broadly categorised based on its applications into:
- Architectural Coatings
- Adhesives and Sealants
- Construction Additives
- Paper and Board
- Textile and Carpets
- Others
Market breakup by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Analysis
The growth of the residential and infrastructure sector would raise the demand for industrial coating. Polymer binderare more and more used for industrial and architectural coating applications as the waterborne coating formulation demonstrates superior adhesion and abrasion resistance. Furthermore, stringent legislations introduced by different countries to reduce emissions of VOCs will continue to increase the market for waterborne coatings with lower VOC emissions and lower health risks. Polymer binderare commonly used in the composition of coating to improve waterborne and solvent-based coating efficiency and durability. The EB curing system has high investment costs, which limits the growth of this sector.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global polymer binder market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- The Dow Chemical Company
- Wacker Chemie AG
- Celanese Corporation
- Arkema
- Trinseo S.A.
- BASF SE
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Polymer Binder Market Analysis
5.1 Key Industry Highlights
5.2 Global Polymer Binder Historical Market (2018-2024)
5.3 Global Polymer Binder Market Forecast (2025-2034)
5.4 Global Polymer Binder Market by Form
5.4.1 Liquid
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Powder
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 High Solids
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.5 Global Polymer Binder Market by Type
5.5.1 Acrylic
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Latex
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Vinyl Acetate
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Others
5.6 Global Polymer Binder Market by Application
5.6.1 Architectural Coatings
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Adhesives and Sealants
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Construction Additives
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Paper and Board
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Textile and Carpets
5.6.5.1 Historical Trend (2018-2024)
5.6.5.2 Forecast Trend (2025-2034)
5.6.6 Others
5.7 Global Polymer Binder Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
6 North America Polymer Binder Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Polymer Binder Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Polymer Binder Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Polymer Binder Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Polymer Binder Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
13.1 North America Historical Price Trends (2018-2024) and Forecast (2025-2034)
13.2 Europe Historical Price Trends (2018-2024) and Forecast (2025-2034)
13.3 Asia Pacific Historical Price Trends (2018-2024) and Forecast (2025-2034)
13.4 Latin America Historical Price Trends (2018-2024) and Forecast (2025-2034)
13.5 Middle East and Africa Historical Price Trends (2018-2024) and Forecast (2025-2034)
14 Procurement Insights
14.1 Contract Terms
14.2 Cost Structure
14.2.1 Raw Material
14.2.2 Utility
14.2.3 Labour Cost
14.2.4 Fixed Cost
14.3 Pricing Model
14.4 Vendor Selection Criteria
14.5 Supplier and Buyer Power at Regional Level
14.5.1 Demand
14.5.2 Supply
14.5.3 Raw Material/Feedstock Availability
14.5.4 Supplier Power
14.5.5 Buyer Power
14.6 Procurement Strategy: Best Practices
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 The Dow Chemical Company
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 Wacker Chemie AG
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 Celanese Corporation
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 Arkema
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 Trinseo S.A.
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 BASF SE
15.5.6.1 Company Overview
15.5.6.2 Product Portfolio
15.5.6.3 Demographic Reach and Achievements
15.5.6.4 Certifications
15.5.7 Others
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