Press release
Global Styrene Butadiene Latex Market Analysis (2028-2024): BASF SE, Zeon, Dow Chemical, Trinseo
Styrene Butadiene (SB) Latex Market
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.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2199
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.
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.
Browse Full Report @ https://www.gminsights.com/industry-analysis/styrene-butadiene-sb-latex-market
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. 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.
Competitive Analysis
• 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.
Table of Contents
Chapter 5. Styrene Butadiene Latex Market, By Application
5.1. Global styrene butadiene latex market share by application, 2016 & 2024
5.2. Paints & coatings
5.2.1. Market estimates and forecasts, 2013 - 2024
5.2.2. Market estimates and forecasts by region, 2013 – 2024
5.3. Adhesives
5.3.1. Market estimates and forecasts, 2013 - 2024
5.3.2. Market estimates and forecasts by region, 2013 – 2024
5.4. Paper processing
5.4.1. Market estimates and forecasts, 2013 - 2024
5.4.2. Market estimates and forecasts by region, 2013 – 2024
5.5. Glass fiber processing
5.5.1. Market estimates and forecasts, 2013 - 2024
5.5.2. Market estimates and forecasts by region, 2013 – 2024
5.6. Fiber processing
5.6.1. Market estimates and forecasts, 2013 - 2024
5.6.2. Market estimates and forecasts by region, 2013 – 2024
5.7. Mortar additives
5.7.1. Market estimates and forecasts, 2013 - 2024
5.7.2. Market estimates and forecasts by region, 2013 – 2024
5.8. Others
5.8.1. Market estimates and forecasts, 2013 – 2024
5.8.2. Market estimates and forecasts by region, 2013 – 2024
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.
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Styrene Butadiene Latex Market Analysis (2028-2024): BASF SE, Zeon, Dow Chemical, Trinseo here
News-ID: 1156861 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Styrene
Styrene-Ethylene-Butadiene-Styrene (SEBS) Market 2022 | Detailed Report
This report provides an informative view about the competitive aspect of the global market. It includes detailed picture of the exhibition of a portion of the essential global players working in the Styrene-Ethylene-Butadiene-Styrene (SEBS) market. The research study also provides historical record with profits predictions and forecasts from 2022 to 2028. Also, the business manufacturing of the notable manufacturers is also emphasized with technical data in the report.
This report is…
Styrene Butadene Styrene Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Styrene Butadene Styrene Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Styrene Butadene Styrene players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Styrene Butadene Styrene with respect…
Styrene Ethylene Butylene Styrene Market Latest Report with Forecast 2018 – 20 …
Thermoplastic elastomers (TPEs) are a class of copolymers (typically a mixture of rubber and plastic) that contain materials with both elastomeric and thermoplastic properties. There are six generic classes of commercial TPEs, out of which one is styrenic block copolymers (SBC), in which styrene ethylene butylene styrene (SEBS) is categorized. It accounts for a majority share of over 65% of the total SBCs. SEBS polymer is a type of TPE…
Thermoplastic Elastomers (TPE) Market | By Product | Thermoplastic Polyolefins , …
The Thermoplastic Elastomers (TPE) market research report recently published by Crystal Market Research Reports offers a detailed study of Thermoplastic Elastomers (TPE) industry across the globe with prime focus on major regions including North America, Europe, and Asia. Intially, the report covers basic information related to Thermoplastic Elastomers (TPE) market such as Thermoplastic Elastomers (TPE) definition, product types, range of applications, supply and demand analysis of Thermoplastic Elastomers (TPE) industry.
The…
Styrene Butadiene Styrene (SBS) Sales Market Segmentation and Forecast to 2025
This report studies the global Styrene Butadiene Styrene (SBS) market status and forecast, categorizes the global Styrene Butadiene Styrene (SBS) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
In 2017, the global Styrene Butadiene Styrene (SBS) market size was xx…
Europe Styrene Isoprene Styrene (SIS) Market Products, Services and Solutions
MarketResearchReports.Biz adds “Europe Styrene Isoprene Styrene (SIS) Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Styrene Isoprene Styrene (SIS) and the growth estimates for the forecasted period.
Styrene Isoprene Styrene (SIS) is high performance thermoplastic elastomers with a combination of high strength, low hardness and low viscosity for easy thermoplastic processing as a melt or in solution. SIS…
