Press release
Latex Powder Market: Competitive Dynamics & Global Outlook 2023
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Europe's economies in a state of slow growth, re-dispersible latex powder market has a certain potential in Europe, among them Europe's demand is relatively stable. Europe market is already saturated. These few years, Europe's re-dispersible latex powder production is more than its domestic demand; therefore, Europe would export re-dispersible latex powder to abroad countries. We tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
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Global Latex Powder Market: Forecast by Type / Application / Region
In future, the re-dispersible latex powder industry in Europe will be turn concentrated; Europe re-dispersible latex powder consuming market will still has a certain amount of growth. In Europe, Eastern Europe and the Russian market will be the next area of competition.
In recent few years, re-dispersible latex powder gross margins continue to decline. Global competition is likely to turn to the relationship of competition and cooperation. We believe that this industry will move towards centralization. For developing countries, the re-dispersible latex powder industry still has great potential. In Asia, Southeast Asia, India and Central Asia will have a more substantial growth. Chinese market will maintain rapid growth.
Over the next five years, LPI(LP Information) projects that Re-dispersible Latex Powder (RDP) will register a 4.4% CAGR in terms of revenue, reach US$ 1940 million by 2023, from US$ 1500 million in 2017.
Global Latex Powder Market: Key Players
Wacker
Akzo Nobel
DCC
SANWEI
BASF
Shandong Xindadi
Xinjiang Huitong
Dow
VINAVIL
Hexion
Ashland
Wanwei
Acquos
Organik
Fenghua
Shaanxi Xutai
Puyang Yintai
Gemez Chemical
Guangzhou Yuanye
Zhaojia
Sailun Building
Henan Tiansheng Chem
Xinjiang Su Nok
Mizuda Bioscience
Shandong Micron
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Related Information:
United States Latex Powder Market Research Report 2018
Europe Latex Powder Market Research Report 2018
North America Latex Powder Market Research Report 2018
Asia-Pacific Latex Powder Market Research Report 2018
China Latex Powder Market Research Report 2018
EMEA Latex Powder Market Research Report 2018
Global Latex Powder Market Research Report 2018
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