World Emulsion Polymers to 2016


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World Emulsion Polymers to 2016

  1. 1. World Emulsion Polymers to 2016Report Details:Published:September 2012No. of Pages: 319Price: Single User License – US$5900This study analyzes the world emulsion polymer industry. It presents historical demand data(2001, 2006, 2011), and forecasts for 2016 and 2021 by market (e.g., paints and coatings, papercoatings, general purpose adhesives, carpet backing adhesives), polymer (e.g., acrylics, styrene-butadiene latex, vinyl acetate), world region and major country. The study also considers marketenvironment factors, details industry structure, evaluates company market share and profilesindustry players.World demand to rise 5.1% annually through 2016Global demand for emulsion polymers is forecast to rise 5.1 percent per year to 13.3 million metrictons (dry basis) in 2016. Advances will be fueled by increased production of water-based paint,coatings, and adhesives, which are displacing solventborne formulations in virtually all parts of theworld. In the developed world, where emulsion polymers are more mature, gains will benefit from arebound in construction spending and manufacturing activity, as well as the adoption of morestringent regulations on the emission of volatile organic compounds (VOCs). In lower incomenations such as China and India, emulsion polymer demand will arise from strong economicgrowth and increased penetration of waterborne technology in the coatings and adhesivesindustries.Paint & coatings to offer best market opportunitiesThough emulsion polymers are highly versatile and used throughout the industrial economy, themarket will remain closely linked to a relatively narrow group of products, most prominently water-based paint, paper and paperboard coatings, and general purpose adhesives. These three outletsaccounted for over three-quarters of global demand in 2011. The most rapid gains through 2016will be for emulsion polymers in paint and coatings, where water-based formulations are steadilyincreasing their share of the market. Even in industrialized regions such as North America andWestern Europe, where water-based paint dominates the architectural sector, ample opportunitiesfor emulsion polymers remain in the industrial and specialty coatings markets. More moderategains in demand are expected in the adhesives market, where emulsion polymers are facingcompetition from other low-VOC technologies such as hot melts. Below average advances inemulsion polymer demand are forecast for the highly mature and slow growing paper coatingsmarket.Acrylics to remain largest, fastest-growing polymerAcrylics will remain the largest and fastest growing emulsion polymer product type through 2016,
  2. 2. accounting for nearly 40 percent of the world market. Demand for acrylics will benefit from rapidgrowth in the paint and coatings market, where acrylic polymers are valued for their durability andwide range of applications. Vinyl acetate emulsions will also see healthy increases in demand,with the most favorable opportunities expected for vinyl acetate-ethylene (VAE) copolymers inadhesives and coatings applications. The slowest growth among major types will be for styrenebutadiene latex, restrained by sluggish advances in the paper coatings market.Asia/Pacific region to drive global growthDriven by robust gains during the 2001- 2011 period, the Asia/Pacific region has overtaken NorthAmerica and Western Europe to become the leading market for emulsion polymers. TheAsia/Pacific region will continue to see above average gains in demand through 2016, fueled bystrong growth in China and India, the two fastest-growing national markets for emulsions in theworld. While demand in North America and Western Europe will continue to rise at a subpar pacethrough 2016, advances will represent a notable rebound from the declining demand of therecession-plagued 2006-2011 period. Other world regions will see healthy gains in demandthrough 2016, with the best opportunities expected in the Africa/ Mideast region.COMPANY PROFILESProfiles 33 competitors worldwide including Arkema, BASF, Celanese, DIC, Dow Chemical,OMNOVA Solutions, Styron, and Yule CattoAdditional InformationThis study analyzes the US market for fluoropolymers, including fluoroelastomers. Fluoropolymersare polymeric molecules in which some or all hydrogen atoms have been replaced with fluorine.The study covers the market for fluoropolymers by type (polytetrafluoroethylene, fluoroelastomers,fluorinated ethylene propylene, polyvinylidene fluoride, polyvinyl fluoride, and others, includingperfluoroalkoxy, polychlorotrifluoroethylene, ethylene tetrafluoroethylene, and ethylenechlorotrifluoroethylene), application (coatings and liners, mechanical parts and components, films,additives, and other), and market (industrial equipment, electrical and electronics, transportationequipment, construction, and other). In addition, major producers and compounders offluoropolymers are identified and profiled.Data on the US fluoropolymer market are reported in pounds and current US dollars for 2001,2006, and 2011, with forecasts provided for 2016 and 2021. Macroeconomic and demographicindicators in this study were obtained from The Freedonia Group Consensus Forecasts dated April2012. The term “demand” is defined as production plus imports minus exports, and is thereforesynonymous with “sales” and “apparent consumption.” Throughout the study, demand forfluoropolymers is related to various indicators for comparative purposes and to facilitate furtheranalysis. Tabular details may not add to totals due to independent rounding. Ratios are rounded tothe nearest significant digit. Dollar values cited for the industry are at the basic manufacturers’level.Information and data on the US fluoropolymer industry were obtained from a variety of primary andsecondary sources. Primary information on the industry was gathered through consultations with
  3. 3. various personnel of participating companies. Government sources included foreign trade datapublished by the US Department of Commerce. Secondary sources included online databasesand other studies published by The Freedonia GroupGet your copy of this report @ points covered in Table of Contents of this report includeTable Of ContentsINTRODUCTION viiiI. EXECUTIVE SUMMARY 1II. MARKET ENVIRONMENT 4General 4Macroeconomic Outlook 5Manufacturing Outlook 8Historical Market Trends 12Pricing Trends 14Competitive Materials 18Environmental & Regulatory Issues 19Perfluorooctanoic Acid 21International Activity 22Foreign Trade 24Imports 25Exports 30III. PRODUCTS 33General 33PTFE 38Applications & Markets 41Types 45Granular 46Fine Powder 48Dispersion 50Micronized Powder 52Fluoroelastomers 54Applications & Markets 56Types 59Standard 60Specialty 63FEP 66
  4. 4. Resin Demand 67Applications & Markets 69PVDF 71Resin Demand 71Applications & Markets 74PVF 76Other Fluoropolymers 79Types 80PFA 81PCTFE 82ETFE 83ECTFE 84All Other 85Applications & Markets 89IV. APPLICATIONS 91General 91Coatings & Liners 93Mechanical Parts & Components 97Films 99Additives 103Other Applications 106V. MARKETS 109General 109Industrial Processing 111Industrial Outlook 112Fluoropolymer Demand 114Chemical & Pharmaceutical Equipment 116Semiconductor Manufacturing Equipment 118Other Industrial Processing 120Electrical & Electronic 122Electrical & Electronics Outlook 123Fluoropolymer Demand 127Wire & Cable 129Photovoltaic Modules 132Batteries & Fuel Cells 134Transportation Equipment 137Transportation Equipment Outlook 138Fluoropolymer Demand 141Motor Vehicles 143Aerospace 145
  5. 5. Other Transportation Equipment 146Construction 147Construction Outlook 148Fluoropolymer Demand 150Architectural Coatings 152Other Construction 154Other Markets 156Medical 158Plastics & Elastomers 160Cookware 161Textiles 162Lubricants 163All Other 164VI. INDUSTRY STRUCTURE 167General 167Market Share 168Competitive Strategies 173Product Differentiation 174Strategic Partnerships 175Manufacturing 177Marketing & Distribution 179Research & Development 180Company Profiles 181Afton Plastics 182AGC Chemicals Americas, see Asahi GlassArkema SA 183Asahi Glass Company Limited 186Castle (AM) & Company 189Chicago Gasket Company 191Cri-Tech, see Daikin IndustriesDaikin Industries Limited 193Dongyue Group Limited 196Dow Corning Corporation 198DuPont (EI) de Nemours 200Dyneon, see 3MEdlon, see Robbins & MyersFlontech USA LLC 203Fluoro-Plastics Incorporated 204Fluorotherm Polymers Incorporated 205Gore (WL) & Associates Incorporated 206Halocarbon Products Corporation 208
  6. 6. HaloPolymer OJSC 210Honeywell International Incorporated 212Kureha Corporation 214MDA Manufacturing, see Daikin Industries and 3MMitsubishi Chemical Holdings Corporation 216Momentive Performance Materials Holdings LLC 218NewAge Industries Incorporated 219Page International Hose, see Parker-HannifinParker-Hannifin Corporation 221Quadrant, see Mitsubishi ChemicalRobbins & Myers Incorporated 224Saint-Gobain 226Saudi Basic Industries Corporation 230Shamrock Technologies Incorporated 231Shandong Dongyue Polymer Material, see DongyueShin-Etsu Chemical Company Limited 234Solvay SA 2363M Company 239Total Plastics, see CastleWestlake Plastics Company 243Whitford Corporation 244Zeus Industrial Products Incorporated 246Zhejiang Jusheng Fluorochemical Company Limited 248Other Companies Mentioned in the Study 249List Of TablesSECTION I -- EXECUTIVE SUMMARYSummary Table 3SECTION II -- MARKET ENVIRONMENT1 Macroeconomic Indicators 82 Manufacturers’ Shipments 113 Fluoropolymer Market, 2001-2011 134 Fluoropolymer Pricing 175 Fluoropolymer Foreign Trade 256 Fluoropolymer Imports by Source, 2006-2011 287 Fluoropolymer Exports by Destination, 2006-2011 31SECTION III -- PRODUCTS1 Fluoropolymer Demand by Type 362 PTFE Demand 413 PTFE Demand by Application & Market 454 PTFE Demand by Type 46
  7. 7. 5 Granular PTFE Demand by Application & Market 486 Fine Powder PTFE Demand by Application & Market 507 Dispersion PTFE Demand by Application & Market 528 Micronized PTFE Demand 549 Fluoroelastomer Demand 5610 Fluoroelastomer Demand by Application & Market 5911 Fluoroelastomer Demand by Type 6012 Standard Fluoroelastomer Demand by Application & Market 6313 Specialty Fluoroelastomer Demand by Market 6614 FEP Demand 6915 FEP Demand by Application & Market 7116 PVDF Demand 7417 PVDF Demand by Application & Market 7618 PVF Demand 7919 Other Fluoropolymer Demand 8020 Other Fluoropolymer Demand by Type 8121 Other Fluoropolymer Demand by Application & Market 90SECTION IV -- APPLICATIONS1 Fluoropolymer Demand by Application 922 Coating & Liner Applications for Fluoropolymers 963 Mechanical Part & Component Applicationsfor Fluoropolymers 994 Film Applications for Fluoropolymers 1035 Additive Applications for Fluoropolymers 1066 Other Applications for Fluoropolymers 108SECTION V -- MARKETS1 Fluoropolymer Demand by Market 1102 Industrial Processing Indicators 1143 Industrial Processing Markets for Fluoropolymers 1164 Chemical & Pharmaceutical Equipment Marketsfor Fluoropolymers 1185 Semiconductor Manufacturing Equipment Marketsfor Fluoropolymers 1206 Other Industrial Processing Markets for Fluoropolymers 1227 Electrical & Electronic Indicators 1268 Electrical & Electronic Markets for Fluoropolymers 1289 Wire & Cable Markets for Fluoropolymers 13210 Photovoltaic Module Markets for Fluoropolymers 13411 Battery & Fuel Cell Markets for Fluoropolymers 13712 Transportation Equipment Shipments 14113 Transportation Equipment Markets for Fluoropolymers 14314 Construction Expenditures 150
  8. 8. 15 Construction Markets for Fluoropolymers 15216 Architectural Coating Markets for Fluoropolymers 15417 Other Construction Markets for Fluoropolymers 15618 Other Markets for Fluoropolymers 157SECTION VI -- INDUSTRY STRUCTURE1 US Fluoropolymer Sales by Company, 2011 1682 Selected Cooperative Agreements 177List Of ChartsSECTION II -- MARKET ENVIRONMENT1 Fluoropolymer Market, 2001-2011 142 Fluoropolymer Imports by Source, 2011 293 Fluoropolymer Exports by Destination, 2011 32SECTION III -- PRODUCTS1 Fluoropolymer Demand by Product, 2011 37SECTION IV -- APPLICATIONS1 Fluoropolymer Demand by Application, 2011 93SECTION V -- MARKETS1 Fluoropolymer Demand by Market, 2011 111SECTION VI -- INDUSTRY STRUCTURE1 US Fluoropolymer Market Share, 2011 169Contact: for more information.