Water-based Acrylates Copolymer Rheology Modifiers Market Overview:
The Water Based Acrylates Copolymer Rheology Modifiers Market size is estimated to be worth USD 380.4 million in 2018 and is expected to reach the size of USD 471.9 million by 2023 growing at a CAGR of 4.35 during the forecast period. according to the recent Market Research Future (MRFR) report. Rheology modifiers help in adjusting the flow behavior and helping formulators in controlling the rheology profile of fluid products such as consumer products, medicines, and paints. They are used commercially for increasing fluid products’ viscosity. Acrylate copolymer rheology modifiers, simply put, are synthetic organic rheology modifiers that can be non-associative or associative type. Other vital forms available in the market include rheology modifiers that are polyurethane and cellulosic based. They have extensive applications in various end use industries, including minerals, pulp and paper, construction, home care, and industrial cleaning, pharmaceuticals, adhesives and sealants, personal care, paints and coatings, and others.
Various factors are adding to the global water based acrylates copolymer rheology modifiers market growth. Such factors, according to the new MRFR report, include increasing prominence of waterborne rheology, booming cosmetics and personal care industry, burgeoning demand from paints and coatings industry, favorable government regulations, growing construction sector, and growing demand for personal care products.
On the contrary, the availability of different alternatives may limit the water based acrylates copolymer rheology modifiers market growth over the forecast period.
The world is battling a health and economic pandemic alike, with the novel coronavirus casting its shadow over economies the world over. In fact, the lockdown situation has greatly impacted industries, including the water based acrylates copolymer rheology modifiers market indirectly or directly resulting in a shift towards activities such as vendor operations, supply chain operations, and product commercialization. Companies manufacturing water based acrylates copolymer rheology modifiers find themselves working in a new reality. Its demand is undergoing severe shocks following disruption in supply chains
Water-based Acrylates Copolymer Rheology Modifiers Market Segmentation
The MRFR report provides an inclusive segmental analysis of the global water based acrylates copolymer rheology modifiers market report based on application.
By application, the water based acrylates copolymer rheology modifiers market is segmented into minerals, pulp and paper, construction, home care and industrial cleaning, pharmaceuticals, adhesives and sealants, personal care, paints and coatings, and others. Of these, paints and coatings will lead the market over the forecast period, followed by the personal care segment.
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Key Players
Key players profiled in the global water based acrylates copolymer rheology modifiers market report include AkzoNobel N.V., 3V Sigma s.p.A., Euclid Chemicals, The Dow Chemical Company, The Lubrizol Corporation, BASF SE, and Arkema Group.
Water-based Acrylates Copolymer Rheology Modifiers Market Regional Analysis
Based on the region, the water based acrylates copolymer rheology modifiers market report covers the recent trends & growth opportunities across the Americas, Europe, the Asia Pacific (APAC), Latin America, & the Middle East & Africa (MEA). Of these, Europe will spearhead the market over the forecast period for the booming pharmaceuticals, paints and coatings, and personal care industries. Spain, France, Germany, and Russia are the chief contributors in the region for its increasing use in the adhesives and sealants and personal care industries.
The water-based acrylates copolymer rheology modifiers market in the APAC region is predicted to grow at a quick rate over the forecast period for the growing paints and coatings & construction sector in the emerging economies such as Vietnam, India, and China.
The water-based acrylates copolymer rheology modifiers market in North America is predicted to have a remarkable growth over the forecast period.
The water-based acrylates copolymer rheology modifiers market in Latin America is predicted to have significant growth over the forecast period for increasing technology adoption rate and strict regulatory framework.
The water-based acrylates copolymer rheology modifiers market in the MEA is predicted to have average growth over the forecast period. Turkey is the chief contributor in the region.
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