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Global Styrene Butadiene Latex Market Analysis (2028-2024): BASF SE, Zeon, Dow Chemical, Trinseo

Styrene butadiene latex market

Styrene butadiene latex market

Pertaining to the rising demand for latex binders in the paper, construction, and adhesives sectors, styrene butadiene latex market is expected to carve out a rather profitable growth path in the ensuing years. The product is essentially a type of emulsion polymer that has a higher crosslink density and tensile strength as compared to styrene butadiene rubber.

It also exhibits other favorable qualities such as increased flexibility, resistance to oils and abrasion, lower water permeability and dimensional stability, subject to which styrene butadiene latex industry outlook is forecast to witness majorly lucrative transformations over 2017-2024. Global Market Insights, Inc., states that styrene butadiene latex market share will grow at a CAGR of 3.5% between 2017 and 2024 and will exceed USD 9 billion in the forecast time span.

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The paper processing sector stands as one of the major application arenas of styrene butadiene latex market. The product is extensively used for paper coating in magazines, newspapers, flyers, catalogues and paper food cartons, given that it enhances the pigment’s binding ability and makes the end-product brighter, stiffer, glossier and water resistant. With rising global demands for innovative paper products and the exponential growth of the paper industry, styrene butadiene latex industry is likely to witness considerable growth prospects.

The upward trajectory of the styrene butadiene latex market can also be credited to the product’s deployment in the carpet industry. Styrene butadiene latex has a greater crosslink density – that is to say, when stretched and released, it recovers closer to its original shape, making it ideal for back coating on tufted carpets.

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Currently, Asia Pacific leads global styrene butadiene latex market in terms of volume and revenue, pertaining to the growing carpet and paper sectors in the region. China for instance, was the largest producer and consumer of paper in 2016, which has majorly influenced the regional styrene butadiene latex market. Concurrently, owing to the highly developed paper domain, Europe also holds a considerable share in styrene butadiene latex industry.

The frequent fluctuation of raw material prices is one of the major obstacles in the consistent growth of the styrene butadiene latex market. Styrene and butadiene are both downstream derivatives of crude oil – thus, the fluctuating price of crude oil would have quite an impact on styrene butadiene latex industry.

Competitive Analysis
• Dow Chemical
• Trinseo
• Asahi Kasei Corporation,
• Styron Europe,
• LG Chem,
• Synthetic Latex Pvt. Ltd.,
• and Synthomer Plc.

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

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