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Synthetic Latex Polymer Market is expected to reach a value of USD 48.82 billion by 2029, Trends, Sales, Demand Analysis & Forecast 2022-2029
Synthetic Latex Polymer Market Overview:Synthetic latex polymers are laboratory-made aqueous dispersion of petroleum polymers that offer high-strength, flexibility and water-resistance properties make them suitable for a wide range of industrial applications. Synthetic latex polymers are similar in properties to natural ones and are also cheaper in nature.
The global Synthetic Latex Polymers Market size was valued at USD 27.70 billion in 2020 and is projected to reach USD 48.82 billion by 2029, at a CAGR of 6.5% during the forecast period 2022-2029.
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This synthetic latex polymers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.
Synthetic Latex Polymer Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Wacker Chemie AG, Synthomer plc, BASF SE, Celanese Corporation, Dow, Arkema, ARLANXEO, Asahi Kasei Corporation, OMNOVA Solutions Inc., Trinseo, Apcotex Industries Limited and Others
Recent Developments
Mar 24, 2022- Statkraft to Supply WACKER's Silicon Metal Production in Norway with Green Electricity from Svean Hydropower Plant
Statkraft will supply a total of 2.35 TWh of certified Norwegian hydropower to WACKER's Holla site between January 2022 and December 2027. Around 525 GWh of this will come from the Svean hydropower plant under a green power purchase agreement (PPA).
04.2022- Synthomer plc ("Synthomer" or the "Company") today announces that it has now completed the $1bn acquisition of Eastman's Adhesive Resins business.
The acquired business will form a new division within Synthomer called Adhesive Technologies. It has a leading position in the global adhesives market which is exposed to attractive end-markets with resilient GDP+ growth fundamentals.
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Synthetic Latex Polymer Market Segmentation:
Synthetic Latex Polymers Market by Type, 2020-2029, (USD Billion), (Kilotons)
Styrene Acrylic
Acrylic
SB Latex
VAE
PVAC
Vinyl Acetate Copolymer
Synthetic Latex Polymers Market by Application, 2020-2029, (USD Billion), (Kilotons)
Paint & Coatings
Adhesives & Sealants
Paper & Paper Board
Carpets
Nonwovens
Growth Factors:
Increasing demand from the Synthetic Latex Polymer industries
The growing use of Synthetic Latex Polymer in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Synthetic Latex Polymer Market
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Synthetic Latex Polymer Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Synthetic Latex Polymer Market Trends
- The report identifies, determines, and forecasts the Global Synthetic Latex Polymer Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Synthetic Latex Polymer Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Synthetic Latex Polymer Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Synthetic Latex Polymer Market.
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