Polymer Emulsion Market Share

The Asia Pacific polymer emulsion market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037, owing to an increase in demand for vehicles by the burgeoning population. As per the International Organization of Motor Vehicles, the total production of vehicles in the region was approximately 46 million units in 2021, a rise from around 44 million units in 2020. Similarly, the total sales in the region were nearly 42 million units in 2021, a rise from around 40 million in 2020. Further, the high consumption and sales of chemicals in the region are also projected to drive market in the forecast period. The domestic sales of chemicals in the Asia Pacific region were worth around USD 3 trillion in 2021.