Lucintel’s latest market report analyzed that organic binder provides attractive opportunities in construction, and paint & coating applications. The organic binder market is expected to reach $24.1 billion by 2028 with a CAGR of 2.7%. In this market, construction is the largest segment by application, whereas acrylic is largest by product. Development of thin-bed technology for the construction industry provides strategic growth path in this market.
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Based on application, the organic binder market is segmented into construction, paint and coating, and others. The construction segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to increase in road construction and infrastructure development, making organic binder more active in this industry.
Browse in-depth TOC on “Organic Binder Market”
68 – Tables
107 – Figures
205 – Pages
The Organic Binder Market is marked by the presence of several big and small players. Some of the prominent players offering organic binder include BASF, DuPont, Wacker Chemie, Harmony Additive, OILEX, Endura IPNR, Keramicalia, Empower Materials.
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