Top 10 Companies in the Liquid Polymer Industry (2025): Market Leaders Powering Polymer Innovation

In Business Insights
June 06, 2025

The Global Liquid Polymer Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 2.38 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period (2023-2032). This robust growth stems from rising demand across adhesive formulations, advanced coatings, and construction materials, coupled with breakthroughs in sustainable polymer chemistries and smart material applications.

As industries worldwide transition toward high-performance material solutions, we examine the Top 10 Companies in the Liquid Polymer Industry—chemical giants and specialty manufacturers driving innovation through R&D investments, strategic acquisitions, and sustainable production methods.


🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Acronal® acrylic dispersions, Styrofan® binders

The undisputed leader in polymer chemistry, BASF operates 22 production sites globally for liquid polymer systems. The company’s water-based formulations dominate adhesive and construction chemical markets across three continents.

Innovation Focus:

  • Next-gen bio-acrylic monomers replacing petroleum feedstock
  • Self-healing polymer technologies for automotive coatings
  • Digital production monitoring across all polymer facilities

Download FREE Sample Report: Liquid Polymer Market – View in Detailed Research Report


9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: UCAR™ emulsion polymers, WALOCEL™ cellulose ethers

Dow’s Material Science division captured 18% of North America’s liquid polymer market in 2023 through its advanced polyurethane dispersion technologies and construction polymer systems.

Innovation Focus:

  • Closed-loop recycling programs for industrial polymers
  • Adaptive polymers for smart packaging applications
  • Zero-VOC formulations meeting EU REACH standards

8️⃣ 3. Covestro AG

Headquarters: Leverkusen, Germany
Key Offering: Bayhydrol® urethanes, Desmodur® polyisocyanates

Covestro’s 2023 investments expanded its liquid polymer production capacity by 40% in Asia and 25% in North America, focusing on sustainable coating solutions for automotive and industrial markets.

Innovation Focus:

  • CO2-derived polyol production at commercial scale
  • UV-curable polymer systems for 3D printing
  • Bio-based isocyanate development projects

7️⃣ 4. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: JEFFAMINE® polyetheramines, TERATHANE® PTMEG

Huntsman’s Advanced Materials segment achieved 12% revenue growth in 2023 through specialty polymer solutions for aerospace composites and high-performance elastomers.

Innovation Focus:

  • High-temperature resistant formulations for EV batteries
  • Lightweight polymer foams for aerospace applications
  • Renewable feedstock integration projects

Download FREE Sample Report: Liquid Polymer Market – View in Detailed Research Report


6️⃣ 5. Nippon Shokubai Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: AQUALIC™ superabsorbents, HISHICOLIN™ polyetheramines

This Japanese leader controls 32% of Asia’s acrylic acid derivative market, supplying key monomers for liquid polymer production. Their recent Belgian facility expansion increased European capacity by 180,000 MT/year.

Innovation Focus:

  • Medical-grade hydrogel polymers
  • High-purity electronic encapsulation resins
  • Sustainable acrylic acid production methods

5️⃣ 6. Arkema Group

Headquarters: Colombes, France
Key Offering: Kynar® PVDF, ENCOR acrylic polymers

Arkema’s 2023 acquisition of Ashland’s performance adhesives strengthened its position in high-growth sectors like flexible packaging and renewable energy applications.

Innovation Focus:

  • Fluoropolymer dispersions for battery binders
  • Bio-based acrylic monomer pilot plants
  • Self-stratifying coating technologies

4️⃣ 7. Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: ESTANE® TPUs, CARBOSET® acrylic resins

A Berkshire Hathaway company, Lubrizol operates 16 application development centers testing polymer solutions for medical devices, transportation, and industrial coatings under extreme conditions.

Innovation Focus:

  • Implant-grade polymer formulations
  • High-clarity optical polymers
  • Antiviral additive technologies

3️⃣ 8. Wacker Chemie AG

Headquarters: Munich, Germany
Key Offering: VINNAPAS® vinyl acetate, SILRES® silicone resins

Wacker’s €150 million Nanjing expansion completed in Q3 2023 established China’s most advanced silicone polymer production complex, serving electronics and construction markets.

Innovation Focus:

  • Hybrid organic-inorganic polymer systems
  • Sustainable silicone production processes
  • High-refractive-index optical polymers

Download FREE Sample Report: Liquid Polymer Market – View in Detailed Research Report


2️⃣ 9. Evonik Industries

Headquarters: Essen, Germany
Key Offering: VESTANAT® polyisocyanates, TEGO® silicones

Evonik’s 15 innovation centers filed 78 polymer-related patents in 2023, focusing on high-performance materials for additives manufacturing and smart coatings.

Innovation Focus:

  • Polymer additives for industrial 3D printing
  • Corrosion-resistant coating systems
  • Renewable feedstock integration

1️⃣ 10. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: TAFMER™ polyolefins, BONDINE® adhesives

Mitsui’s recent investments in Singapore and Thailand established Asia’s most automated liquid polymer production facilities, specializing in automotive and electronics applications.

Innovation Focus:

  • Recyclable polymer designs
  • High-barrier packaging solutions
  • Conductive polymer formulations

Get Full Report Here: Liquid Polymer Market – View in Detailed Research Report


🌍 Outlook: Smart and Sustainable Polymer Evolution

The liquid polymer industry stands at an inflection point as environmental regulations and performance demands drive unprecedented innovation. Market leaders are balancing conventional chemistries with breakthrough sustainable alternatives while digitalizing production processes.

📈 Transformative Industry Trends:

  • Bio-based monomer development achieving cost parity
  • Smart polymers with responsive properties entering commercialization
  • Digital twin technology optimizing polymer production
  • Circular economy models gaining traction

Get Full Report Here: Liquid Polymer Market – View in Detailed Research Report

These industry leaders are not just supplying polymers—they’re engineering the advanced materials that will define the next decade of industrial innovation.