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 2027
Synthetic latex polymers market is estimated to reach at USD 40.81 billion by 2027 and growing at a growth rate of CAGR 7.8% in the forecast period of 2020 to 2027. Growing paints and coatings industry is driven by increase in construction activities and thus will drive the growth of the market.
Synthetic latex polymers are available in different categories such asacrylic, styrene, acrylic, styrene butadiene, vinyl acetate copolymer, polyvinyl acetate, vinyl acetate ethylene and others. Synthetic latex polymers are used in various application including paints and coatings, adhesives and sealants, nonwovens, carpets and paper and paperboard.
The growth in construction activities, increasing electronics industries, growing penetration of eco-friendly material, requirement of the developing nations and need for flexibility in product manufacturing and facilities are some of the factors that will enhance the growth of the market. Increase in demand for synthetic latex polymers in paints and coating is driving the growth of the market. Replacement of solvent based adhesives and increasing construction and electronics sector in developing countries will act as a growth driver for the market and create growth opportunities for synthetic latex polymers market in the forecast period of 2020-2027.
Fluctuation in price of crude oil and limited availability of crude oil will act as a restrain, and further challenge the growth of synthetic latex polymers market in the forecast period mentioned above.
The 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 and technological innovations in the market. To gain more info synthetic latex polymers market on Data Bridge Market contact us 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
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 markets.
- 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.
Global Synthetic Latex Polymers Market Country Level Analysis
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 is dominating the synthetic latex polymers market due to the 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
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.
The major players covered 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, Kumho Petrochemical Co,Ltd, LG Chem Ltd, Lion Elastomers LLC, The Lubrizol Corporation, Shanghai Baolijia Chemical Co.Ltd, Shanxi Sanwei Group Co,Ltd, Sibur, Sumitomo Chemical Co.Ltd, The Synthetic Latex Company Pty Ltd, Versalis S.p.A, Zeon Corporation 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.
Customization Available : Global Synthetic Latex Polymers Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.