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Global Polymer Binders Market

  • 4100.00 Dollar US$
  • Published date: July 17, 2020
    • Pune, Maharashtra, India [ Ads Views - 2 ]

Global Polymer Binders Market was valued at US$ 25.85 Bn in 2019, and is estimated to reach US$ 45.35 Bn by 2027 growing at a CAGR of 7.28 % during forecast. Polymer binders have revolutionized the construction and paint industry. Polymer binders enhance two critical characteristics of all mortars and coatings that is adhesion and flexibility. Polymer binders ensure the quality of buildings and prolong their life expectancy while reducing material consumption. Rising consumption leads to the growth in the construction activities. In addition, demand for polymer binders is mainly driven by the advent of technical textiles and automotion. Polymer binders are mostly used as mortar additives for the performance modifications. Collaborative approach plays vital role in the new product development while building and differentiating technologies. Strong manufacturing grid, R&D centers, and application facilities in Europe, Asia Pacific, and the Americas further propels the market growth.

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