Solid Binder Market Overview

Binders, also used as restricting specialists, are those material that hold two distinct materials together. These can either be strong or a liquid substances solidified by a compound procedure. Such binders are utilized in binding fibers or as a filler powder when another molecule is added into it. Binders belong to the derivatives of the cellulose family that are chemically and mechanically capable of holding on to each other. They offer unique property such as the ability to be mixed easily, free movement due to ductile component, and minimum change in slip velocity. These are also used to increase texture and viscosity. 

The global solid binder market is experiencing rapid growth due to increase in construction activities and strict government regulations to reduce the use of high volatile components (VOC). Surge in demand for meat products is expected to fuel the growth of the global solid binder market that helps to retain water due to its affinity toward liquid content,which prevents fat clumping.Solid binder is used in sports supplements because of its cohesive nature. This anticipated to foster the market growth during the forecast period due to its usage in sports supplements. Increased demand for water-based paints and coating are supposed to fuel the growth of the market. However, limited availability of raw materials and stringent regulations for the use of organic based binder are the factors that hamper the market growth. Development in products and new innovations initiated by the manufactures are expected to widen the scope of market. The increase in use of lithium-ion batteries in the automotive sectors offers new opportunities for the global solid binder market.

The solid binder market is segmented into form, origin, product type, application, enduser and region. By form, the market is divided into powder, granulate, dispersion and solid resin. By origin, the market is bifurcatedinto organic and synthetic. By product type,the market is categorizedinto acrylic, latex, poly vinyl chloride (PVC), poly vinyl alcohol (PVA) and others. By application market is divided into bakery and confectionary, cheese, meat, gelatin and others.By enduser, the market is segmented into paints and coatings, automotive, electronics, food and beverages, sports nutrition, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa).

Some of the key players operating in the global solid binder market are BASF SE, Wacker Chemie AG, ENDURA IPNR, Keramicalia, Empower Materials, KYOEISHA Chemical Co. LTD., Stover Seed Company, Archer Daniels Midland Company, Roquette, and others.

Key Benefits for Stakeholders:

• The global solid binder market size has been analyzed across four major regions.

• Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the market for strategy building.

• The report outlines the current market trends and future scenario of the market size from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.

• Major countries in each region have been mapped according to their individual revenue contribution to the regional market.

• The key drivers, restraints, opportunities, and trends along with their detailed impact analysis are elucidated in the study.

• The global solid binder market analysis covers in-depth information of the major industry participants.

Scope of the Report:

Key Market Segmentation:

Questions answered in the conductive ink market research report:

• What is the growth rate of the market during the forecast period?

• What will be the global solid binder market size from 2020 to 2027?

• Who are the leading manufacturing companies in the market?

• How the major current trends will shape the global solid binder market in the future?

• What are the driving factors and opportunities in the market?

• Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?