Chemicals and Materials Polymer Binders Market New | 页面 2

increasing use for the tiling & flooring, mortar modification, plastering, and insulation
system applications. Polymer binders used in these applications improves the performance
of mortars by increasing durability, tensile strength, compressive strength, and flexural
strength.
APAC is projected to be the largest market, in terms of value, during the forecast
period
APAC has the largest populous countries such as China and India. These countries are
rapidly going through infrastructural development to meet public and private
infrastructural needs, owing to which the demand for polymer binders in these countries is
high. The presence of rapidly growing economies along with growing per capita paint
consumption across the region is driving the polymer binders market. In addition, the
presence of largest textile producing countries, such as India, China, and South Korea, is
also favourable for the growth of the polymer binders market. China is the world’s largest
consumer of adhesives & sealants, making China a favourable polymer binders market.
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BASF (Germany), DowDuPont (US), Celanese Corporation (US), Arkema (France), and
Wacker (Germany) are the key players operating in the polymer binders market. These
companies have adopted various organic as well as inorganic growth strategies between
2015 and 2018 to strengthen their position in the market.
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