Styrene Butadiene Latex Market Analysis of Top Manufactures by Dow Chemical Company, Styron Europe GmbH, Asahi Kasei Chemical Corporation

Styrene Butadiene Latex market report provides 2024 forecasts built using statistical analysis while covering data from primary research as well as secondary sources that help gain market insights and provide industry growth expectations.

Low butadiene content SB latex held a prominent share in global styrene butadiene latex market due to its extensive application in various end-user industries such as adhesives and textiles. The product is also used in non-woven fabrics and pressure sensitive adhesives.

Report Mainly focuses on the top Manufacturers in global market are given bellow

Trinseo, Dow Chemical Company, Styron Europe GmbH, Asahi Kasei Chemical Corporation. Other prominent styrene butadiene latex manufacturers include LG Chem, Mallard Creek Polymers, Synthomer Plc and Synthetic Latex Company

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By Butadiene Content
• Low
• Medium
• High

By Application
• Paper Processing
• Fiber Processing
• Glass Fiber Processing
• Mortar Additives. Paints & Coatings
• Adhesives

Paper industry growth will be a prime revenue generating driver for styrene butadiene latex market during the forecast period as SB latex acts as a strong binder in paper processing. Currently, Asia Pacific is the leading region in SB latex market. Mainly led by China, this region accounts for almost 40% of global product consumption as it has huge market for paper and paper board products. Some major players in the styrene butadiene latex market are expanding their production capacity for tapping the potential demand that is likely to rise due to increased demand for coated paper in Asia Pacific market. A major hurdle in styrene butadiene latex market growth is the oscillating feedstock prices, which directly affects the production process of SB latex and hampers its growth.

In 2016, paper processing segment accounted for a major share of overall styrene butadiene latex market. Asia Pacific and Latin American paper industry is growing tremendously from past few years. In last 20 years, the paper products usage has increased from 92 million tons to 208 million tons. This shall be a growth indicator for styrene butadiene latex market growth in future.

Latin America is likely to witness prominent CAGR during the forecast timespan for styrene butadiene latex market and held a prominent share in 2016. Latin America is a growing market for paper and textile products, increasing per capita income of consumers in Brazil and Mexico, have has led to surged demand for both paper and textile. This positive trend will subsequently drive the product demand in the region over the next few years.

Asia Pacific, led by China, will expand at prominent growth rate over the forecast timeframe. Asia Pacific is a leading carpet and paper producer and an enormous market for the paper based and textile & garments industry. Both, carpet and paper industries in Asia Pacific are growing at prominent rates, which clearly indicates new growth avenues for product demand in the next few years.

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The above information is provided on a regional and country basis for the following:
• North America (U.S., Canada)
• Europe (Germany, UK, France, Spain, Italy)
• Asia Pacific (Japan, China, India, South Korea)
• Latin America (Brazil, Mexico)
• MEA (South Africa, Saudi Arabia, UAE)

Styrene butadiene latex market will be primarily driven by adhesives and paper industry growth over the forecast duration. The global demand for adhesives and sealants in 2014 was 8.1 million tons, which is anticipated to reach at 12 million tons by 2024. Adhesives are widely used in all major end-user industries such as construction, automobile, electricals, etc. High and low butadiene content SB latex is used in adhesives on large scale. Global styrene butadiene latex market is forecast to exceed USD 9 billion by 2024, according to this new research report. Thus, growth in automobile and construction industries, will propel growth in adhesives demand, which will eventually be beneficial for styrene butadiene latex market growth in the coming years.

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