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Styrene Butadiene Latex Market to grow by a CAGR of around 3.5% up to 2024.

Styrene Butadiene Latex Market to grow by a CAGR of around 3.5% up

Styrene butadiene latex market is growing at a great pace mainly due to the rising product demand in the paper and adhesives industry. Styrene butadiene latex is a carboxylate admixture created to provide vital adhesion to concrete, mortars, and cement bond coats for improved chemical resistance and bond strength. Paper demand is rapidly growing chiefly due to its applications across packaging, education, and various other sectors. For instance, China is the largest producer and consumer of paper and paper products. It produced over 108 million tons of paper and consumed over 106 million tons of paper and paper products. Therefore, the paper processing industry is projected to boost the styrene butadiene latex market in the near future. Adhesives and sealants, which have widespread applications across major industries including automotive, electricals, building & construction, etc., are also liable to propel the demand for styrene butadiene latex market in the forthcoming years.

“Styrene Butadiene Latex Market is forecast to exceed USD 9 billion; according to a new research report.”

The volatility in its raw material prices is likely to be a major restraining factor for styrene butadiene latex market over the forecast spell. SB latex raw materials include styrene, butadiene, water, and emulsifiers. Styrene & butadiene are the direct by-products of crude oil, which are scarce and directly impact the latex production. However, continuous R&D activities by the market players for the unrestricted production of SB latex will have a positive impact on the styrene butadiene latex market over the forecast span.

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Based on the butadiene content, styrene butadiene latex market for the medium segment is likely to grow at a healthy CAGR in the forthcoming years. It is a soft and self-crosslinking type with low formaldehyde, excellent waterproofing properties, dry cleaning, heat, and light resistance properties, which make it usable for wide-ranging applications including paper processing of impregnated and special papers.

According to applications, styrene butadiene latex market for adhesives was valued at over USD 280 million in 2016. The product’s use across various end-user industries including automobile, construction, electricals, paper & fiber processing, etc., are likely to make a noteworthy contribution to the overall business by 2024. Low and high butadiene content SB latex is primarily used in the production of adhesives and used across aforementioned industries, which will help in attaining substantial gains over the forecast period.

Based on region, styrene butadiene latex market in LATAM is experiencing the greatest demand surge and is anticipated to grow at a CAGR of about 5% in the near future. Rising demand for textile in the region is attributed to the growing population and rising socio-economic factors, which will help propel product demand as it is used in fiber processing. Furthermore, the growing construction industry, which is attributed to rapid industrialization & urbanization will surge the demand for adhesives that will help in attaining substantial gains to styrene butadiene latex market over the projected timespan.

Browse key industry insights from the report, “styrene butadiene latex market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/styrene-butadiene-sb-latex-market

Additionally, the rising demand for paper items, mainly used in the packaging industry in Brazil and Mexico, will further propel product demand, positively impacting the business over the forecast spell.

Some prominent styrene butadiene latex market share contributors are The Dow Chemical, Trinseo, Asahi Kasei Corporation, Styron Europe, LG Chem, Synthetic Latex Pvt. Ltd., and Synthomer Plc. Most of these players have been making investments to upscale their production capacities to meet the rising product demand, which will help in attaining the competitive advantage in the industry. For instance, Styron bought The Dow Chemicals’ SB latex’s division in December 2012 to become the global leader in the styrene butadiene latex market.

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Styrene Butadiene Latex research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilotons and revenue in USD million from 2013 to 2024, for the following segments:
Styrene Butadiene Latex market of butadiene content by application
o Low
§ Paper processing
§ Fiber processing
§ Glass fiber processing
§ Paints & coatings
§ Adhesives
§ Mortar additives
§ Others
o Medium
§ Paper processing
§ Fiber processing
§ Glass fiber processing
§ Paints & coatings
§ Adhesives
§ Mortar additives
§ Others
o High
§ Paper processing
§ Fiber processing
§ Glass fiber processing
§ Paints & coatings
§ Adhesives
§ Mortar additives
§ Others
Styrene Butadiene Latex market by application
o Paper processing
o Fiber processing
o Glass fiber processing
o Paints & coatings
o Adhesives
o Mortar additives
o Others
The above information is provided on a regional and country basis for the following:
o North America
§ U.S.
§ Canada
o Europe
§ UK
§ Germany
§ France
§ Spain
§ Italy
o Asia Pacific
§ China
§ Japan
§ India
§ Australia
§ Indonesia
§ Malaysia
o Latin America
§ Brazil
§ Mexico
o Middle East & Africa
§ South Africa
§ GCC

Report Content
Chapter 6. Styrene Butadiene Latex Market, By Region
6.1. Global styrene butadiene latex market share by region, 2016 & 2024
6.2. North America
6.2.1. North America market estimates and forecast, 2013 - 2024
6.2.2. North America market estimates and forecasts of butadiene content by application, 2013 – 2024
6.2.3. North America market estimates and forecasts by application, 2013 – 2024
6.2.4. U.S.
6.2.4.1. U.S market estimates and forecast, 2013 - 2024
6.2.4.2. U.S. market estimates and forecasts of butadiene content by application, 2013 – 2024
6.2.4.3. U.S. market estimates and forecasts by application, 2013 – 2024
6.2.5. Canada
6.2.5.1. Canada market estimates and forecast, 2013 - 2024
6.2.5.2. Canada market estimates and forecasts of butadiene content by application, 2013 – 2024
6.2.5.3. Canada market estimates and forecasts by application, 2013 – 2024
6.3. Europe
6.3.1. Europe market estimates and forecast, 2013 - 2024
6.3.2. Europe market estimates and forecasts of butadiene content by application, 2013 – 2024
6.3.3. Europe market estimates and forecasts by application, 2013 – 2024
6.3.4. Germany
6.3.4.1. Germany market estimates and forecast, 2013 – 2024
6.3.4.2. Germany market estimates and forecasts of butadiene content by application, 2013 – 2024
6.3.4.3. Germany market estimates and forecasts by application, 2013 – 2024
6.3.5. UK
6.3.5.1. UK market estimates and forecast, 2013 - 2024
6.3.5.2. UK market estimates and forecasts of butadiene content by application, 2013 – 2024
6.3.5.3. UK market estimates and forecasts by application, 2013 – 2024
6.3.6. France
6.3.6.1. France market estimates and forecast, 2013 - 2024
6.3.6.2. France market estimates and forecasts of butadiene content by application, 2013 – 2024
6.3.6.3. France market estimates and forecasts by application, 2013 – 2024
6.3.7. Spain
6.3.7.1. Spain market estimates and forecast, 2013 - 2024
6.3.7.2. Spain market estimates and forecasts of butadiene content by application, 2013 – 2024
6.3.7.3. Spain market estimates and forecasts by application, 2013 – 2024
6.3.8. Italy
6.3.8.1. Italy market estimates and forecast, 2013 - 2024
6.3.8.2. Italy market estimates and forecasts of butadiene content by application, 2013 – 2024
6.3.8.3. Italy market estimates and forecasts by application, 2013 – 2024
6.4. Asia Pacific
6.4.1. Asia Pacific market estimates and forecast, 2013 - 2024
6.4.2. Asia Pacific market estimates and forecasts of butadiene content by application, 2013 – 2024
6.4.3. Asia Pacific market estimates and forecasts by application, 2013 – 2024
6.4.4. China
6.4.4.1. China market estimates and forecast, 2013 - 2024
6.4.4.2. China market estimates and forecasts of butadiene content by application, 2013 – 2024
6.4.4.3. China market estimates and forecasts by application, 2013 – 2024
6.4.5. India
6.4.5.1. India market estimates and forecast, 2013 - 2024
6.4.5.2. India market estimates and forecasts of butadiene content by application, 2013 – 2024
6.4.5.3. India market estimates and forecasts by application, 2013 – 2024
6.4.6. Japan
6.4.6.1. Japan market estimates and forecast, 2013 - 2024
6.4.6.2. Japan market estimates and forecasts of butadiene content by application, 2013 – 2024
6.4.6.3. Japan market estimates and forecasts by application, 2013 – 2024
6.4.7. Australia
6.4.7.1. Australia market estimates and forecast, 2013 - 2024
6.4.7.2. Australia market estimates and forecasts of butadiene content by application, 2013 – 2024
6.4.7.3. Australia market estimates and forecasts by application, 2013 – 2024
6.4.8. Indonesia
6.4.8.1. Indonesia market estimates and forecast, 2013 - 2024
6.4.8.2. Indonesia market estimates and forecasts of butadiene content by application, 2013 – 2024
6.4.8.3. Indonesia market estimates and forecasts by application, 2013 – 2024
6.4.9. Malaysia
6.4.9.1. Malaysia market estimates and forecast, 2013 - 2024
6.4.9.2. Malaysia market estimates and forecasts of butadiene content by application, 2013 – 2024
6.4.9.3. Malaysia market estimates and forecasts by application, 2013 – 2024
6.5. Latin America (LATAM)
6.5.1. LATAM market estimates and forecast, 2013 - 2024
6.5.2. LATAM market estimates and forecasts of butadiene content by application, 2013 – 2024
6.5.3. LATAM market estimates and forecasts by application, 2013 – 2024
6.5.4. Brazil
6.5.4.1. Brazil market estimates and forecast, 2013 - 2024
6.5.4.2. Brazil market estimates and forecasts of butadiene content by application, 2013 – 2024
6.5.4.3. Brazil market estimates and forecasts by application, 2013 – 2024
6.5.5. Mexico
6.5.5.1. Mexico market estimates and forecast, 2013 - 2024
6.5.5.2. Mexico market estimates and forecasts of butadiene content by application, 2013 – 2024
6.5.5.3. Mexico market estimates and forecasts by application, 2013 – 2024
6.6. Middle East & Africa (MEA)
6.6.1. MEA market estimates and forecast, 2013 - 2024
6.6.2. MEA market estimates and forecasts of butadiene content by application, 2013 – 2024
6.6.3. MEA market estimates and forecasts by application, 2013 – 2024
6.6.4. South Africa
6.6.4.1. South Africa market estimates and forecast, 2013 - 2024
6.6.4.2. South Africa market estimates and forecasts of butadiene content by application, 2013 – 2024
6.6.4.3. South Africa market estimates and forecasts by application, 2013 – 2024
6.6.5. GCC
6.6.5.1. GCC market estimates and forecast, 2013 - 2024
6.6.5.2. GCC market estimates and forecasts of butadiene content by application, 2013 – 2024
6.6.5.3. GCC market estimates and forecasts by application, 2013 – 2024
Chapter 7. Company Profiles
7.1. BASF SE
7.1.1. Business overview
7.1.2. Financial data
7.1.3. Product landscape
7.1.4. SWOT analysis
7.1.5. Strategic outlook
7.2. The Dow Chemical Company
7.2.1. Business overview
7.2.2. Financial data
7.2.3. Product landscape
7.2.4. SWOT analysis
7.2.5. Strategic outlook
7.3. Zeon
7.3.1. Business overview
7.3.2. Financial data
7.3.3. Product landscape
7.3.4. SWOT analysis
7.3.5. Strategic outlook
7.4. Styron Europe GmbH
7.4.1. Business overview
7.4.2. Financial data
7.4.3. Product landscape
7.4.4. SWOT analysis
7.4.5. Strategic outlook
7.5. Mallard Creek Polymers
7.5.1. Business overview
7.5.2. Financial data
7.5.3. Product landscape
7.5.4. SWOT analysis
7.5.5. Strategic outlook
7.6. Asahi Kasei Chemicals Corp.
7.6.1. Business overview
7.6.2. Financial data
7.6.3. Product landscape
7.6.4. SWOT analysis
7.6.5. Strategic outlook
7.7. Synthetic Latex Company (Pty) Ltd.
7.7.1. Business overview
7.7.2. Financial data
7.7.3. Product landscape
7.7.4. SWOT analysis
7.7.5. Strategic outlook
7.8. OMNOVA Solutions
7.8.1. Business overview
7.8.2. Financial data
7.8.3. Product landscape
7.8.4. SWOT analysis
7.8.5. Strategic outlook
7.9. LG Chem Ltd
7.9.1. Business overview
7.9.2. Financial data
7.9.3. Product landscape
7.9.4. SWOT analysis
7.9.5. Strategic outlook
7.10. Synthomer Plc
7.10.1. Business overview
7.10.2. Financial data
7.10.3. Product landscape
7.10.4. SWOT analysis
7.10.5. Strategic outlook
7.11. Trinseo
7.11.1. Business overview
7.11.2. Financial data
7.11.3. Product landscape
7.11.4. SWOT analysis
7.11.5. Strategic outlook

Browse full Table of Content @ https://www.gminsights.com/toc/detail/styrene-butadiene-sb-latex-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

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Global Market Insights, Inc.
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