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The market value for Polymer Dispersion Market was USD 10.27 Billion in 2022 and is expected to reach USD 22.03 Billion in 2032 growing at a CAGR of 8% during the forecast period. Polymer dispersions are a form of colloidal system where polymer particles are dispersed in a liquid media. They are often referred to as latex or emulsions. There are many reasons for the rising demand for polymer dispersions, including their expanding use in end-use industries, growing environmental concerns, and the demand for environmentally friendly coatings and adhesives.
The expanding demand from the Paints and Coatings sector is one of the major factors driving the polymer dispersion market. A large part of water-based paints and coatings use polymer dispersions because of their low VOC emissions, simple application, and environmental friendliness. Additionally, as people become more conscious of the negative impacts that VOC emissions have on the environment and human health, more eco-friendly coating options are being used, which is increasing the demand for polymer dispersions.
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