The global emulsion coatings market is projected to grow at a CAGR of 4.4% during the forecast period. The market size was valued at USD 6.2 billion in 2018 and is expected to reach USD 7.6 billion by 2028 with an estimated value of USD 8.9 billion by 2025.
Emulsion coating is a type of paint or another form of surface protection. It can be applied to wood, metal, plastic, and concrete surfaces. Emulsions are an acidic mixture that contains water along with pigment particles suspended in oil-based varnish. Emulsions come in two forms: solvent-based and latex emulsion coatings. Solvent-based emulsions use volatile organic compounds (VOCs) as the binder agent; whereas latex paints don’t have any VOCs - they rely on synthetic rubber polymers for their adhesion qualities. The coating is applied by means of a spray-paint gun or roller and dries quickly after application. It typically dries to a matte finish and is not suitable for aging paint jobs that need something more durable, but it can be applied over the top of gloss coatings as an economical alternative.
On the basis of type, emulsion coating is segmented into acrylics, styrene-butadiene latex, vinyl acetate polymers, and other emulsion polymers.
Acrylics emulsion coatings are clear or slightly opaque, fast-drying paints that use the acrylic polymer as a binder. They're highly durable and can be applied virtually anywhere paint is traditionally used (except for wood). Acrylic-based coatings have been shown to outperform latex-based products in terms of durability, glossiness, UV protection, and heat resistance.
Styrene-butadiene latex emulsion coating is elastic, rubberized paint that has a glossy finish. It provides excellent adhesion and durability to surfaces such as metal, wood, or aluminum. This type of product can be used for outdoor applications without cracking because it contains natural rubber which gives the toughness of the material against ultraviolet light exposure.
Vinyl acetate polymers (VAP) emulsion coatings are used to impart water and heat protection for wood, concrete masonry units (CMU), steel framing systems, paper products, metal substrates such as aluminum cans in integrated can manufacturing plants. The benefits of VAP-based coating include high durability; easy cleanability with a detergent or strong alkaline cleaner; low surface energy that resists dirt accumulation and facilitates cleaning; good scrubbable properties on wet surfaces.
On the basis of application, emulsion coatings are segmented into paints and coatings, paper & paperboard coatings, adhesives, carpet backing.
Emulsion coatings are used in paints and coatings. They form a protective barrier for the surface of the material which is being coated. Emulsions can be applied to surfaces such as paper, wood, or metal by spraying on it using an airless sprayer. The most common application of emulsion paint is with cars; they provide protection from corrosion when sprayed onto car bodies before painting them. The coating acts like a primer surfacer that seals out moisture and provides a smooth surface for subsequent layers of automotive paint to adhere to. Emulsion coatings are often used as the topcoat in paints and varnishes. They provide an even, glossy finish that can offer enhanced protection from water or moisture damage.
Emulsion coatings are a water-based solution that can be applied to paper and paperboard surfaces. These coatings help protect the surface from liquids or other substances, such as food oils, which may damage the material. Emulsions are also used in printing processes because they create an even layer of ink on both sides of the paper when it is run through a press. The type of emulsion coating most likely depends on its application- for example, parchment might require an acrylic coating due to high acidity levels while wallpaper with low sheen would need vinyl acetate polymers or styrene-butadiene latex-based products so that they don't react to light sources.
Emulsion coatings are used in adhesives as a binder. Emulsions provide the adhesive's backbone and can help it withstand high temperatures when curing, which makes them good choices for hot melt adhesives like acrylics or urethanes. The emulsion coating is usually designed to blend well with the polymer type of the adhesive being used.
Emulsion coatings are a form of coating used in carpet backing. They create the interface between the fibers and the backing material, providing appropriate adhesion for strength and endurance to meet with wear and tear during installation or as part of routine maintenance. Emulsions also provide protection against water penetration while improving softness and sheen. In some cases, emulsions can be applied onto plush carpets to protect them from spills that could lead to permanent staining (e.g., wine) due to their high absorbance abilities; this is usually done before installing the carpet tile on an existing flooring surface so it works best when moisture is at its lowest level possible prior to application.
On the basis of region, the global emulsion coatings market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In the North American region, acrylic emulsion coatings are the largest type of application in terms of revenue share and market size due to their high penetration rates. The emulsions are available as a prepackaged product for quick use by professionals or consumers at home without any special equipment necessary. They can be used on vertical surfaces with excellent adhesion properties that form an invisible protective barrier against water-based spills and stains from reaching the underlying surface.
Styrene-butadiene latex (SBL) applied onto paperboard coating ranks second among all types in this regional segment owing to its cost advantages over traditional solvent paints like alkyds which have been widely used for waterborne coatings.
The global emulsion coating market is witnessing a major shift in the applications of coatings, which are now being used as an important component of renewable energy technologies due to their low-emission properties. The paper and board industry has been undergoing significant transformation with increased demand from emerging countries towards sustainable packaging solutions that help reduce resource consumption across the value chain.
The growth of the emulsion coatings market is driven by various factors, such as urbanization and the rising demand for paints in developing countries. The urban population has increased over time due to globalization, which has led to an accelerated development process accompanied by significant infrastructure investments in many emerging economies. For instance, in China alone there are more than 400 cities with populations exceeding one million inhabitants; these complexes have a major influence on global environmental change and demand for products like emulsion coatings that protect buildings from corrosion or mold growth. Over the years this will drive up both production volumes and consumption rates globally. Furthermore, people's choices about their living environment also play a role: People who can afford it prefer high-quality materials indoors because they want clean air indoors because they can afford it or simply because they want to spoil themselves. Examples of this trend are the ever-increasing demand for vinyl flooring or furniture made from MDF, which is a type of particle board with an acrylic finish that makes them resistant to moisture and scratches.
Up Market Research published a new report titled “Emulsion Coatings Market research report which is segmented by Types (Acrylics, Styrene-Butadiene Latex, Vinyl Acetate Polymers, Other Emulsion Polymers), By Applications (Paint & Coatings, Paper & Paperboard Coatings, Adhesives, Carpet Backing, Others), By Players/Companies Akzo Nobel, Asian Paints, Nippon, PPG Industries, Sherwin Williams, Valspar”. As per the study, the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Emulsion Coatings Market Research Report|
|By Type||Acrylics, Styrene-Butadiene Latex, Vinyl Acetate Polymers, Other Emulsion Polymers|
|By Application||Paint & Coatings, Paper & Paperboard Coatings, Adhesives, Carpet Backing, Others|
|By Companies||Akzo Nobel, Asian Paints, Nippon, PPG Industries, Sherwin Williams, Valspar|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||210|
|Number of Tables & Figures||147|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Acrylics, Styrene-Butadiene Latex, Vinyl Acetate Polymers, Other Emulsion Polymers and By Application Paint & Coatings, Paper & Paperboard Coatings, Adhesives, Carpet Backing, Others.
Some of the companies that are profiled in this report are:
Emulsion Coatings Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Emulsion Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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