| Product Code: ETC11444829 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Nigeria saw significant imports of bio-based emulsion polymers from diverse sources including Turkey, Indonesia, India, UAE, and China. Despite the low concentration of the Herfindahl-Hirschman Index (HHI), indicating a competitive market landscape, the industry experienced a decline with a negative Compound Annual Growth Rate (CAGR) of -22.54% from 2020 to 2024. The growth rate in 2024 continued on a downward trend at -29.81%, reflecting challenges in the market. Monitoring market dynamics and exploring strategies for sustainable growth will be crucial for stakeholders in the bio-based emulsion polymers sector in Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Bio-Based Emulsion Polymers Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Bio-Based Emulsion Polymers Market - Industry Life Cycle |
3.4 Nigeria Bio-Based Emulsion Polymers Market - Porter's Five Forces |
3.5 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.6 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume Share, By Sustainability Factor, 2021 & 2031F |
4 Nigeria Bio-Based Emulsion Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing environmental concerns and stringent regulations promoting the use of eco-friendly products. |
4.2.2 Increasing demand for sustainable and renewable materials in various industries. |
4.2.3 Government initiatives and policies promoting the adoption of bio-based products. |
4.3 Market Restraints |
4.3.1 High production costs associated with bio-based emulsion polymers. |
4.3.2 Limited availability of raw materials for bio-based emulsion polymers production. |
4.3.3 Lack of awareness and understanding about the benefits of bio-based emulsion polymers among consumers and industries. |
5 Nigeria Bio-Based Emulsion Polymers Market Trends |
6 Nigeria Bio-Based Emulsion Polymers Market, By Types |
6.1 Nigeria Bio-Based Emulsion Polymers Market, By Polymer Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Polymer Type, 2021 - 2031F |
6.1.3 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Bio-Acrylics, 2021 - 2031F |
6.1.4 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Bio-Vinyl, 2021 - 2031F |
6.1.5 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Bio-Styrene, 2021 - 2031F |
6.2 Nigeria Bio-Based Emulsion Polymers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Paints & Coatings, 2021 - 2031F |
6.2.3 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.2.4 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Printing Inks, 2021 - 2031F |
6.3 Nigeria Bio-Based Emulsion Polymers Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.4 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Textiles, 2021 - 2031F |
6.4 Nigeria Bio-Based Emulsion Polymers Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Sugar-Based, 2021 - 2031F |
6.4.3 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Plant-Based, 2021 - 2031F |
6.4.4 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Biomass, 2021 - 2031F |
6.5 Nigeria Bio-Based Emulsion Polymers Market, By Sustainability Factor |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Renewable, 2021 - 2031F |
6.5.3 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Non-Toxic, 2021 - 2031F |
6.5.4 Nigeria Bio-Based Emulsion Polymers Market Revenues & Volume, By Low VOC, 2021 - 2031F |
7 Nigeria Bio-Based Emulsion Polymers Market Import-Export Trade Statistics |
7.1 Nigeria Bio-Based Emulsion Polymers Market Export to Major Countries |
7.2 Nigeria Bio-Based Emulsion Polymers Market Imports from Major Countries |
8 Nigeria Bio-Based Emulsion Polymers Market Key Performance Indicators |
8.1 Percentage of bio-based emulsion polymers used in comparison to traditional polymers in key industries. |
8.2 Number of partnerships and collaborations between bio-based emulsion polymer manufacturers and raw material suppliers. |
8.3 Research and development investments in enhancing the quality and performance of bio-based emulsion polymers. |
9 Nigeria Bio-Based Emulsion Polymers Market - Opportunity Assessment |
9.1 Nigeria Bio-Based Emulsion Polymers Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
9.2 Nigeria Bio-Based Emulsion Polymers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Bio-Based Emulsion Polymers Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Nigeria Bio-Based Emulsion Polymers Market Opportunity Assessment, By Source, 2021 & 2031F |
9.5 Nigeria Bio-Based Emulsion Polymers Market Opportunity Assessment, By Sustainability Factor, 2021 & 2031F |
10 Nigeria Bio-Based Emulsion Polymers Market - Competitive Landscape |
10.1 Nigeria Bio-Based Emulsion Polymers Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Bio-Based Emulsion Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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