Organic Binders Market Report

The global Organic Binders market is expected to benefit from surge in the number of construction activities across the globe. Organic Binders help to cut down the costs and energy emission, eventually reducing the carbon footprint. They are known to possess unique properties such as minimum change in slip viscosity and easy mixing. It has been observed that manufacturers are adopting sustainable technology to produce Organic Binders, which is likely to offer growth opportunities for the market. In addition, they are focusing on developing customized formulations.

Use of Organic Binders in developing innovative materials is anticipated to fuel the growth of the market. For instance, on November 14, Lucy Hughes, a 24-year-old, was awarded with James Dyson Award to create a marine bioplastic, called MarinaTex, with the usage of Organic Binders.

Key Players to Take up Novel Product Innovation in the Near Future

Some of the key players operating in the Organic Binders market are Wacker, OILEX GmbH., ENDURA IPNR, and Keramicalia. Manufacturers are laying emphasis on the introduction of novel products For instance, one of the major companies, Keramicalia has introduced Keracoal Binder, which is a cold setting resin, especially developed for binding coal fines. It is totally water resistant and used with an accelerator, so it hardens rapidly on its own without any drying process.

Widespread Application of Organic Binders to Stimulate Organic Binders Market Growth

Increasing demand for Organic Binders among various industries such as paint and coatings, electronics, construction, and automotive could be one of the key factors driving the Organic Binders market. Physical properties of Organic Binders including exceptional binding ability, high strength, and relative inertness towards various chemicals are increasing their adoption among end-user industries.

Research and development pertaining to the usage of Organic Binders is also positively impacting the Organic Binders market growth. Emergence of new technologies to produce Organic Binders is anticipated to open up new avenues for the market. On the flip side, low availability of raw materials and strict regulations on the use of Organic Binders may hamper the overall Organic Binders market growth.

Market Segmentation

By Product

●  Acrylic

●  PVC (Polyvinyl Chloride)

●  PVA (Poly Vinyl Acetate)

●  Latex

●   Others

By Application

●  Paints and Coating

●  Construction

●  Others

The market analysts have predicted that usage of acrylic Organic Binders is likely to increase in the paints and coatings industry for the durability of the paint. This product also finds application in the automotive parts for effective bonding. Paints and coating is expected to emerge as a key application segment, the reason being increasing demand from the emerging economies. Use of Organic Binders is also expected to increase in the construction sector in the years ahead on account of their physical and chemical properties and increasing construction activities across the globe.

By Region

Well-established automotive and electronics industry is expected to benefit the Organic Binders market in North America and Europe. In addition, consumers in North America are increasingly demanding high-quality products that are manufactured with the use of Organic Binders, which could be one of the key factors supporting the regional market growth. Surge in the construction activities is increasing the demand for Organic Binders, thus fuelling the Organic Binders market growth in Asia Pacific. India and China are anticipated to contribute significantly to the regional market growth.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.