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The polymer binder market size is forecast to increase by USD 12.61 billion at a CAGR of 8.51% between 2023 and 2028. The market is witnessing significant growth due to the expansion of the textile industry, which is one of the major end-users of polymer binders. The increasing preference for vertical integration among retailers is another growth-inducing factor, as it enables companies to have greater control over the production process and improve efficiency. Conversely, the decline in the growth of paper products, a traditional market for polymer binders, is posing a challenge to market growth. Additionally, the rising demand for eco-friendly and biodegradable polymer binders is a notable trend, as consumers and regulatory bodies push for more sustainable manufacturing practices. Overall, the market is expected to experience steady growth in the forecast period, driven by these key factors.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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