Asia Pacific Emulsion Polymer Market Size, Share, and COVID-19 Impact Analysis, By Type (Acrylics, Styrene-Butadiene Latex, Vinyl Acetate Polymers, and Other), By Application (Paints & Coatings, Adhesives & Sealants, Paper & Paperboard, and Others), By End Use (Building & Construction, Automotive, Chemicals, Textile & Coatings, and Others), and Asia Pacific Emulsion Polymer Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Emulsion Polymer Market Insights Forecasts to 2035

• The Asia Pacific Emulsion Polymer Market Size was estimated at USD 12.37 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.34% from 2025 to 2035
• The Asia Pacific Emulsion Polymer Market Size is Expected to Reach USD 26.95 Billion by 2035

The Asia Pacific Emulsion Polymer Market is anticipated to reach USD 26.95 billion by 2035, growing at a CAGR of 7.34% from 2025 to 2035. The growing use of polymer emulsion across the automotive industry, the growing paints & coatings industries, and the need for long-lasting & high-performance biopolymers are driving the emulsion polymer market in the Asia Pacific region.

Market Overview

The Asia Pacific emulsion polymer market is the industry encompassing the production and application of polymer emulsions. Emulsion polymers, often referred to as polymer latex or polymer emulsions, are the dispersions of polymeric particles of about 100-1000 nm in size in an aqueous dispersion medium. Emulsion polymer is preferably used in coating and other applications because of its non-toxicity, biodegradability, and eco-friendly nature. Further, it is used in the production of cotton, wool, and silk textiles. Advancements in the production of emulsion polymers and innovations in emulsion polymer applications are promoting the market growth for emulsion polymer. There is an increasing emphasis on developing emulsion polymer solutions for various small number of end-use industries, which is creating market growth opportunities.

Report Coverage

This research report categorizes the market for the Asia Pacific emulsion polymer market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific emulsion polymer market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific emulsion polymer market.

Driving Factors

The emulsion polymer market is driven by the growing use of polymer emulsion across the automotive industry and paints & coatings industry. Coating formulations formulated with emulsion polymers provide chemical resistance to the metal components underneath the vehicle. Emulsion polymer is used in paints and primers, aiding in improving the adhesion to walls or other surfaces as well as protecting and maintaining the paint’s color. Additionally, the emergence of bio-emulsion polymer that has low VOC emissions, biodegradability, and reduced environmental impact is propelling the market growth of emulsion polymer.

Restraining Factors

The price volatility of raw materials impacts the production cost and product pricing, which may negatively affect the market growth. Further, due to stringent environmental regulations, the manufacturing of low-VOC-content emulsion polymer is challenging the market for emulsion polymer.

Market Segmentation

The Asia Pacific emulsion polymer market share is classified into type, application, and end use.

• The acrylics segment held the dominant market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific emulsion polymer market is segmented by type into acrylics, styrene-butadiene latex, vinyl acetate polymers, and other. Among these, the acrylics segment held the dominant market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Acrylic emulsion polymer is an excellent glass substitute, predominantly used in bulletproof glass, windowpanes, greenhouse roofs, as well as in dentistry. 

• The paints & coatings segment held a significant revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific emulsion polymer market is segmented by application into paints & coatings, adhesives & sealants, paper & paperboard, and others. Among these, the paints & coatings segment held a significant revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Emulsion polymer in paints and coatings, providing enhanced adhesion and durability. The formulation provides a strong bond to many materials like wood, concrete, or metal surfaces, ensuring the longevity of the coating. The improvement in the standard of living, along with an increase in infrastructure activities, aids in propelling the market.

• The building & construction segment held a significant revenue share in 2024 and is expected to grow at the fastest CAGR during the forecast period.

The Asia Pacific emulsion polymer market is segmented by end use into building & construction, automotive, chemicals, textile & coatings, and others. Among these, the building & construction segment held a significant revenue share in 2024 and is expected to grow at the fastest CAGR during the forecast period. Emulsion polymers are used in the construction and building materials industry for increasing the strength & durability of concrete, providing an effective barrier against water intrusion, and ensuring effective insulation and energy efficiency in buildings. The growing infrastructure activities in the region, along with the growing disposable income in the region, are responsible for market growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific emulsion polymer market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• OMNOVA Solutions
• Synthomer Plc
• Trinseo
• DIC Corporation
• Arkema
• Asahi Kasei Corporation
• JSR Corporation
• Dairen Chemical Corporation
• Nova Polychem
• Kamsons Chemicals Pvt. Ltd.
• Apcotex Industries Ltd.
• Sumitomo Chemical
• Others

Recent Developments:

In February 2023, NOVA Chemicals Corporation announced the establishment of NOVA Circular Solutions, a new line of business focusing on lower-emission, recycled solutions that would help reshape a better, more sustainable world.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Emulsion Polymer Market based on the below-mentioned segments:

Asia Pacific Emulsion Polymer Market, By Type

• Acrylics
• Styrene-Butadiene Latex
• Vinyl Acetate Polymers
• Other

Asia Pacific Emulsion Polymer Market, By Application

• Paints & Coatings
• Adhesives & Sealants
• Paper & Paperboard
• Others

Asia Pacific Emulsion Polymer Market, By End Use

• Building & Construction
• Automotive
• Chemicals
• Textile & Coatings
• Others