Global Styrene Butadiene Latex Market, By Type (Emulsion Styrene Butadiene Latex, Solution Styrene Butadiene Latex), Butadiene Content (Low, Medium, High), Application (Paper Processing, Fiber and Carpet Processing, Glass Fiber Processing, Paints and Coatings, Adhesives, Mortar Additives, Foams and Mattresses, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Styrene Butadiene Latex Market
The styrene butadiene latex market is expected to witness market growth at a rate of 3.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on styrene butadiene latex market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the styrene butadiene latex in numerous end user applications is escalating the growth of styrene butadiene latex market.
Styrene butadiene latex can be referred as a synthetic polymer produced from butadiene and styrene with the procedure of emulsion polymerization. It is identical to the styrene butadiene rubber in the production procedure and the raw materials that are in its manufacturing, but the product varies from rubber which has greater density, resulting in the greater strength to the compound as compared to rubbers.
Major factors that are expected to boost the growth of the styrene butadiene latex market in the forecast period are the rise in the levels of demand from the automotive and construction industry. Furthermore, the rise in the need for paper is further propelling the growth of the styrene butadiene latex market. Moreover, the increase in the development in the carpet industry is further estimated to supplement the growth of the styrene butadiene latex market.
On the other hand, the issues concerning the rise in the expenses related to the feedstock is further anticipated to impede the growth of the styrene butadiene latex market in the timeline period. In addition, rise in the demand for carpet and fiber products will further provide potential opportunities for the growth of the styrene butadiene latex market in the coming years. However, the instable costs of the raw material might further challenge the growth of the styrene butadiene latex market in the near future.
This styrene butadiene latex market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on styrene butadiene latex market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Styrene Butadiene Latex Market Scope and Market Size
The styrene butadiene latex market is segmented on the basis of type, butadiene content and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the styrene butadiene latex market is segmented into emulsion styrene butadiene latex, solution styrene butadiene latex.
- On the basis of butadiene content, the styrene butadiene latex market is segmented into low, medium, high.
- On the basis of application, the styrene butadiene latex market is segmented into paper processing, fiber and carpet processing, glass fiber processing, paints and coatings, adhesives, mortar additives, foams and mattresses, and others.
Styrene Butadiene Latex Market Country Level Analysis
The styrene butadiene latex market is analysed and market size, volume information is provided by country, type, butadiene content and application as referenced above.
The countries covered in the styrene butadiene latex market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the styrene butadiene latex market due to the largest producer and consumer. Furthermore, the constant rise in the demand for paper will further boost the growth of the styrene butadiene latex market in the region during the forecast period. Latin America is projected to observe significant amount of growth in the styrene butadiene latex market due to the rise in the advancing countries. Moreover, the increase in the need for paper and paperboard materials is further anticipated to propel the growth of the styrene butadiene latex market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Styrene Butadiene Latex Market Share Analysis
The styrene butadiene latex market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to styrene butadiene latex market.
The major players covered in the styrene butadiene latex market report are Trinseo, BASF SE, Dow, Asahi Kasei Corporation, synthomer plc, LG Chem, OMNOVA Solutions Inc., The Synthetic Latex Company (Pty) Ltd, ZEON CORPORATION, Mallard Creek Polymers, Textile Rubber & Chemical Company Inc., NANTEX Industry Co., Ltd., U.S. Adhesives, Inc., The Euclid Chemical Company, LANXESS, KUMHO PETROCHEMICAL, ARLANXEO, Rishiroop Ltd., HANSOLCHEMICAL, Jubilant, Reliance Industries Limited, and SRI Impex Pvt. Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.