Market Analysis
The global hydrophobically modified alkali swellable emulsion market is likely to grow at a healthy CAGR between 2023- 2030, according to the recent Market Research Future (MRFR) report. Hydrophobically Modified Alkali Swellable Emulsion or HASE is multifaceted terpolymers made from the copolymerization of ethyl acrylate, methacrylic acid, and ethoxylated macromere of non-ionic surfactants. These special rheology modifiers are used in different industries for controlling the material’s fluidity profile. Its key applications include pharmaceutical, pulp and paper, industrial and homecare cleaning, cosmetics and personal care, adhesives and sealants, paints and coatings, and others.
Various factors are adding to the global Hydrophobically Modified Alkali Swellable Emulsion (HASE) Market. Such factors, according to the new MRFR report, include consumers increasing purchasing power in developing and developed countries, expanding cosmetics and personal care industry, favorable government regulations, growing demand from paints and coatings industry, booming construction sector, and burgeoning demand for personal care products.
On the contrary, the availability of different substitutes may limit the hydrophobically modified alkali swellable emulsion market growth over the forecast period.
Covid-19 Analysis /Covid-19 Impact on Hydrophobically Modified Alkali Swellable Emulsion Market
The ongoing novel coronavirus pandemic has reshaped everything, including consumer behavior, stock availability, pricing, product categories, and global economies. This global crisis is moving at an unprecedented scale and speed. No sector is immune, with the hydrophobically modified alkali swellable emulsion market being no exception. This sector is grappling with the immediate impact of the outbreak, with both their supply chain operations and manufacturing getting disrupted. The crisis is likely to be far from over.
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Market Segmentation
The MRFR report offers an inclusive segmental analysis of the global hydrophobically modified alkali swellable emulsion market report based on application.
By application, the hydrophobically modified alkali swellable emulsion market is segmented into pharmaceutical, pulp and paper, industrial and homecare cleaning, cosmetics and personal care, adhesives and sealants, paints and coatings, and others.
Regional Analysis
Based on the region, the global Hydrophobically Modified Alkali Swellable Emulsion (HASE) Market Revenue Opportunity report covers the recent trends & growth opportunities across the Americas, Europe, the Asia Pacific (APAC), Latin America, & the Middle East & Africa (MEA). Of these, Europe will lead the hydrophobically modified alkali swellable emulsion market over the forecast period for the growing paints and coatings industry and the cosmetics & personal care industry. The UK, Spain, France, Germany, and Russia are the major contributors in the region for its increasing use in the personal care products and adhesive & sealants.
The global hydrophobically modified alkali swellable emulsion market in North America is predicted to have remarkable growth over the forecast period for rising investments for revitalizing the general industry and the presence of a robust base for the industrial sector. The US & Canada are the major contributors in the region for the booming pharmaceutical sector.
The global hydrophobically modified alkali swellable emulsion market in the APAC region is likely to have healthy growth during the forecast period for the expanding industrial and household cleaning, adhesives and sealants, cosmetics, and personal care, paints and coatings, and others. Besides, its demand in Vietnam, Japan, Malaysia, India, and China for the booming building and construction, & automotive sector are also adding market growth. India & China are the major contributors in the region for a soberly stringent regulatory framework, easy availability of land and labor, cost-effective raw materials, and growing purchasing power.
The hydrophobically modified alkali swellable emulsion market in Latin America is predicted to have moderate growth over the forecast period. The presence of top cosmetic brands and increasing spending of consumers on cosmetic products is adding market growth.
The hydrophobically modified alkali swellable emulsion market in the MEA is predicted to have sound growth over the forecast period for the rising construction sector.
Key Players
Eminent players profiled in the global Hydrophobically Modified Alkali Swellable Emulsion (HASE) Market report include CADY (U.S.), Scott Bader Company Ltd. (U.K), AkzoNobel N.V (the Netherlands), 3V Sigma s.p.A. (Italy), THE EUCLID CHEMICAL COMPANY (U.S.), The Dow Chemical Company (U.S.), The Lubrizol Corporation (U.S.), BASF SE (Germany), and Arkema Group (France).