Durch die Verbesserung der Deckkraft des Primärpigments bildet ein opakes Polymer, ein wässriges Emulsionspolymer, keine Filme und senkt die Rohstoffkosten für Handelsbeschichtungen. Die Leistung von Innen- und Außenfarben kann durch ein opakes Polymer verbessert werden. Durch den Ersatz eines Teils des Titandioxids und des Pigmentverlängerers in einer Innenfarbe durch opake Polymere wird diese weniger anfällig für Reinigungsschäden. In lösungsmittelhaltigen Alkydharzformulierungen für die Architektur können opake Polymere verwendet werden, um TiO2 teilweise zu ersetzen. Weiße, Helligkeit und Opazität werden alle durch opake Polymere erreicht, wenn sie in eine Beschichtung eingearbeitet werden.
Der Preisanstieg bei TiO2-Pigmenten und die steigende Nachfrage nach dekorativen und architektonischen Farben und Beschichtungen sind die Haupttreiber dieser Expansion. Für die Herstellung von Farben und Lacken erfreuen sich opake Polymere auf Basis von Styrolacrylat immer größerer Beliebtheit. Der Markt für opake Polymere wächst aufgrund des steigenden Bedarfs der Bauindustrie an dekorativen und architektonischen Farben. Sowohl in Industrie- als auch in Entwicklungsländern ist in den letzten Jahren der Verbrauch opaker Polymere gestiegen.
Einer der Hauptgründe, der das Wachstum des Marktes für opake Polymere im Prognosezeitraum ankurbeln dürfte, ist die steigende Nachfrage nach Baufarben und -beschichtungen. Darüber hinaus werden Körperpflegeprodukte, die opake Polymere enthalten, für Haut, Lippen, Nägel, Haare und äußere Geschlechtsorgane verwendet, sowie Mundhygieneprodukte für Zähne und Mundschleimhaut. Opake Polymere in Körperpflegeprodukten beugen der Hautalterung vor, indem sie Falten und Fältchen beseitigen und der Haut ein jugendliches Aussehen verleihen. Die opak wirkenden Polymere, die zur Herstellung von Seifen und Shampoos verwendet werden, werden auch zur Herstellung von Feuchtigkeitscremes, Zahnpasta, Kosmetiktüchern, Lotionen und anderen Körperpflegeprodukten verwendet. Daher ist der steigende Bedarf der Körperpflegeindustrie an opak wirkenden Polymeren ein entscheidender Faktor, der das Marktwachstum im Prognosezeitraum ankurbeln dürfte.
The GDP, inflation, employment rate, and currency exchange rate are only a few of the micro- and macroeconomic factors that influence raw material prices. The geopolitical conflicts between nations, trade wars, the unfavorable environment, and virus infections are the primary drivers of micro- and macro-economic forces. The disruption of the global logistics and supply chain is caused by these reasons. Due to this interruption, the costs of raw materials will increase, which will also have a negative effect on demand, affecting the entire market. The prices of crude oil and other chemical commodities are erratic in the year 2020 as of right now due to of the escalating trade war between the US and China and the political conflict involving the US, Iraq, and Saudi Arabia.
For the global opaque polymers market, the expansion of the building and construction sector is predicted to bring about profitable opportunities. Building and construction applications for opaque polymers include floors, windows, cladding, rainwater, pipes, membranes, seals, glazing, insulation, and signage. The building and construction industries also employ opaque polymers for paints, sealants, adhesives, foams, paints, and thermoplastic elastomers. Due to their superior qualities compared to inorganic materials, such as waterproofing, anti-corrosion, wear resistance, lightweight, good strength, sound insulation, heat insulation, good electrical insulation, and vibrant colors, opaque polymers are being used more and more in the construction industry.
On the market for opaque polymers, the COVID-19 epidemic had a negligible effect. Along with the import and export of personal care items, it also had an impact on the supply of paints and coatings. The paints and coatings sector suffered from the effects of COVID-19. For instance, the paint and coatings business recorded a USD 61.58 million loss, a 2.1% year-over-year decline, which decreased the market for opaque polymers. However, as markets were expanded, production units for paints and coatings started to grow; by 2021, it's predicted that this market will be worth USD 184 billion. This is anticipated to increase demand for opaque polymers both now and in the future.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Kilotons). |
| Segmentation | By Type, By Application, By Region. |
| By Type |
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| By Application |
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| By Region |
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The opaque polymers market is expected to grow at 10.8 % CAGR from 2022 to 2029. It is expected to reach above USD 5.59 billion by 2029 from USD 2.22 billion in 2020.
Asia Pacific held more than 60 % of the opaque polymers market revenue share in 2021 and will witness expansion in the forecast period.
One of the primary reasons expected to propel the growth of the opaque polymers market during the projected period is the increase in demand for architectural paints and coatings.
The opaque polymers market key players includes The DOW Chemical Company, Arkema, Ashland Global Holdings Inc., Interpolymer Corporation, Organik Kimya A.S., Croda International PLC, En-Tech Polymer Co., Ltd., Hankuck Latices Co., Ltd., Indulor Chemie GmbH, Visen Industries Limited.
In 2016, the market for opaque polymers was dominated by the application segment for paints and coatings. During the forecast period, both in terms of value and volume, this application segment is anticipated to increase at the greatest CAGR.
During the projection period, Asia-Pacific is anticipated to grow strongly. In Asia-Pacific, the number of updated products with greater efficacy is rising, the retail sector is expanding, and multinational industry actors are steadily increasing their investments.
The opaque polymers market is segmented based on type and application.
The opaque polymers market has been divided into two types based on solid content: 30% and 40%. In terms of volume, the category with solid content of 30% made up 65.2% of the opaque polymers market in 2016. In addition, the market for opaque polymers' 30% solid content type is the one that is expanding the quickest. Due to these polymers take longer to cure, there is a significant demand for solid content 30% opaque polymers in paints and coatings applications, which is responsible for this growth. Additionally, detergent and personal care product formulas contain opaque polymers with a solid content of 40%.
Paints & coatings, personal care, and detergents are the three application-based divisions of the opaque polymers market. In 2016, the market for opaque polymers was dominated by the application segment for paints and coatings. During the forecast period, both in terms of value and volume, this application segment is anticipated to increase at the greatest CAGR. The market for opaque polymers in paints & coatings application is expanding due to the construction industry's increasing need for ornamental paints.
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The opaque polymers market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
During the projection period, Asia-Pacific is anticipated to grow strongly. In Asia-Pacific, the number of updated products with greater efficacy is rising, the retail sector is expanding, and multinational industry actors are steadily increasing their investments. The use of opaque polymers in personal care products for both newborns and adults is growing in popularity. Furthermore, China is the market leader for personal care products in East Asia, and Korean and Japanese businesses account for more than half of the market share for cosmetics in China. Personal care sales in China are also dominated by Chinese firms. As a result, it is anticipated that the growth of the Asia-Pacific opaque polymers market will be aided by rising consumer demand for personal care products.
Due to opaque polymer is in higher demand in nations like the United States and Canada, the North American region is anticipated to develop significantly in the global market. Some of the world's largest producers of paints and coatings are supported by the United States. Architectural coatings were exported from the nation for more than USD 11.7 billion in 2018, and this figure rose in 2019. Industrial coatings worth USD 7.7 billion were also marketed by the nation to other industries. The need for opaque polymers is expanding in the nation as a result of rising demand from the transportation and construction industries.
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