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Global Synthetic Latex Polymers Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Dec 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Chemical and Materials
  • Upcoming Report
  • Dec 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Synthetic Latex Polymers Market, By Type (Styrene Acrylic, Styrene Butadiene, Acrylic, vinyl Acetate Copolymer, Polyvinyl Acetate, Vinyl Acetate Ethylene and Others), Application (Paints and Coating, Adhesives and Sealants, Nonwovens, Carpets, Paper and Paperboard and Others), End-Use (Construction Sector, Automotive Industry, Electronics Sector, Textile Industry, Healthcare Sector and 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 2029.

Synthetic Latex Polymers Market Market Analysis and Insights of Synthetic Latex Polymers Market

Data Bridge Market Research analyses that the synthetic latex polymers market will witness a CAGR of 8.30% for the forecast period of 2022-2029. Growth in the synthetic latex polymers especially in the developing economies such as India and China, growing use of synthetic latex polymers for a wide range of end user applications such as automotive industry, textile industry, healthcare sector and other end user applications, increasing investment by the government for research and development activities and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the synthetic latex polymers market.

Synthetic latex polymers are laboratory-made aqueous dispersion of petroleum polymers that offer high-strength, flexibility and water-resistance properties make them suitable for a wide range of industrial applications. Synthetic latex polymers are similar in properties to natural ones and are also cheaper in nature.  

Rise in demand for synthetic latex polymers by the buildings and construction processing industry in developed and developing economies is the root cause fuelling up the market growth rate. Rising application areas for synthetic latex polymers such as in the electrical and electronics especially in the developing economies and growth and expansion of various end user industries especially in the developing economies will also directly and positively impact the growth rate of the market. Rising demand by the paints and coatings industry, rising expenditure for research and development proficiencies by the major companies, upsurge in the rate of industrialization, rising diversity in the end user industry and growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.

However, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High cost associated with research and development proficiencies, surging geopolitical issues, unfavourable market conditions arising as a result of coronavirus outbreak and strict global trade restrictions will dampen the market growth rate. Lack of a strong technological infrastructure in the developing and underdeveloped economies will also create difficulties for the market.

This synthetic latex polymers 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 synthetic latex polymers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Synthetic Latex Polymers Market Scope and Market Size

The synthetic latex polymers market is segmented on the basis of type, application and end-use. 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 market.

  • On the basis of type, the synthetic latex polymers market is segmented into styrene acrylic, styrene butadiene, acrylic, vinyl acetate copolymer, polyvinyl acetate, vinyl acetate ethylene and others.
  • On the basis of application, the synthetic latex polymers market is segmented into paints and coating, adhesives and sealants, nonwovens, carpets, paper and paperboard and others.
  • Based on end-use, the synthetic latex polymers market is segmented into construction sector, automotive industry, electronics sector, textile industry, healthcare sector and others.

Synthetic Latex Polymers Market Country Level Analysis

The synthetic latex polymers market is analysed and market size, volume information is provided by country, type, application and end-use as referenced above.

The countries covered in the synthetic latex polymers market report are 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 synthetic latex polymers market owing to the rapid expansion in the industrial and chemical processing industry in major countries, such as China and India, increase in the research and development activities, favourable investment policies by the government in order to promote industrial growth, high economic growth in the emerging countries, abundant availability of raw materials, surging urbanization and industrialization and increasing construction activities in countries such as China, India and Japan. 

The country section of the synthetic latex polymers market 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 Synthetic Latex Polymers Market Share Analysis

The synthetic latex polymers 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 synthetic latex polymers market.

Some of the major players operating in the synthetic latex polymers market report are Wacker Chemie AG, Synthomer plc, BASF SE, Celanese Corporation, Dow, Arkema, ARLANXEO, Asahi Kasei Corporation, OMNOVA Solutions Inc., Trinseo, Apcotex Industries Limited, Bangkok Synthetics CO, Ltd, The Goodyear Tire and Rubber Comapany, Jubilant FoodWorks, KUMHO PETROCHEMICAL., LG Chem Ltd, Lion Elastomers LLC, The Lubrizol Corporation, Sumitomo Chemical Co. Ltd and Versalis S.p.A., among others.


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