Global Polymer Binder Market 2019-2023 | Growing Demand for Lithium Polymer Batteries to Boost Growth

1. Polymer binders are used in the formulation of coatings that hold pigments together for adhesion, stability, and chemical resistance. These binders improve the performance and durability of coatings such as waterborne and solvent-borne coatings. The demand for polymer binders by end-user industries, such as the construction and automobile industries, is increasing as these binders are widely used in the formulation of coatings. For instance, the massive residential and infrastructural development in APAC is expected to drive the consumption of coatings and have a positive impact on the global polymer binder market in the coming years. Looking for more information on this market?Request a free sample report As per Technavio, the growing demand for lithium polymer batteries will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global polymer binder market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023. Global polymer binder market: Growing demand for lithium polymer batteries Lithium polymer (LiPo) battery is a rechargeable battery placed in a pouch. It uses polymer electrolyte instead of liquid electrolyte. The design flexibility, high energy density, and electrical performance make them preferred to lithium-ion batteries. Polymer binders are used in the formulation of anode coatings because of their excellent adhesion, water absorption capacity, and ionic conductivity. They exhibit superior recharging and chemical resistance as well. These batteries have tremendous potential for use in gadgets, smart watches, and navigation and tracking devices. Product line expansion for lithium polymer batteries from e-bikes, solar vehicles, and hoverboards are likely to be a positive trend in the global polymer binder market during the forecast period. Global polymer binder market: Segmentation analysis This market research report segments the global polymer binder market by application (architectural coatings, adhesives and sealants, textile and carpets, paper and board, others) and geographical regions (APAC, Europe, North America, MEA, and South America). The APAC region led the market in 2018, followed by Europe, North America, MEA, and South America respectively. During the forecast period, the APAC region is expected to maintain its dominance over the global market and register the highest incremental growth due to the growing demand for paper-based packaging in the region. Some of the key topics covered in the report include: Market Landscape Market ecosystem Market characteristics Market segmentation analysis Market Sizing • • • Market definition Market size and forecast Five Forces Analysis • •

2. Market Segmentation Geographical Segmentation Regional comparison Key leading countries Market Drivers • • Market Challenges Market Trends Vendor Landscape Vendors covered Vendor classification Market positioning of vendors Competitive scenario • • • • Browse Full Report - http://bit.ly/2Ot2uru