Global Synthetic Latex Polymer Market is Expected to grow at a CAGR of around 3% during 2015-2019

Albany, NY, Feb 14, 2017: Market research analyst predicts the synthetic latex polymers market to grow at a CAGR of around 3% during the forecast period. The increased demand for paints, coatings, and adhesives and sealants due to the global recovery of the housing market is driving the market growth. The housing market in countries such as China, Russia, Turkey, Luxemburg, Singapore, Columbia, and India are witnessing substantial growth thereby driving the demand for latex polymer based paints and coatings.

The increase in investments in the development of commercial infrastructure in APAC and Latin America is anticipated to contribute to the growing demand for synthetic latex polymers. Synthetic latex polymer based paints are being increasingly adopted in the APAC region due to the increased awareness about the harmful effects of VOCs released by solvent-based paints. Moreover, the rising demand for synthetic latex polymers for manufacturing latex gloves and bio-adhesives for the growing healthcare industry in Brazil and Argentina is also expected to fuel the market growth during the forecast period.

Segmentation by end user and analysis of - paints and coatings, adhesives, construction, paper
Paints and coatings segment accounted for 38% of the market share during 2014 and is anticipated to grow at a CAGR of 4% during the forecast period. The rapid development of the house remodeling and commercial housing segments in the APAC region are the key drivers for the growth of this segment.

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The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
- Paints and coatings
- Adhesives and sealants
- Paper
- Construction
- Glove dipping
- Carpets and nonwovens
- Textile

Product segmentation and analysis of - acrylics, PVA, vinyl copolymers, PU, SB latex
Acrylics dominated the market during 2014 with a market share of 43%. This research report predicts this segment to grow at a CAGR of 3% during the forecast period. The increased global spending on construction and infrastructure activities is anticipated to drive the growth of this segment until the end of 2019.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
- Acrylics
- SB latex
- PVA
- Vinyl copolymers
- PU

APAC accounted for 39% of the market share during 2014 and is predicted to retain its leadership until the end of 2019 with a growth rate of 5%. The increased economic and industrial development in this region, especially in China and India is driving the market growth.

Competitive landscape and key vendors - BASF, Celanese, DIC, Dow Chemicals, Styron
The synthetic latex polymers market is highly fragmented with the presence of many regional and global players. The market is witnessing numerous mergers with the regional players and the customization of existing products to cater to the changing consumer requirements in APAC and EMEA regions.

The leading vendors in the market are -
- BASF
- Celanese
- DIC
- Dow Chemical
- Styron
- Synthomer

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Key questions answered in the report
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the synthetic latex polymers market?
- What are the key market trends impacting the growth of the synthetic latex polymers market?
- What are the challenges to market growth?
- Who are the key vendors in the synthetic latex polymers market?
- What are the market opportunities and threats faced by the vendors in the synthetic latex polymers market?
- Trending factors influencing the market shares of the APAC, Europe, South America, North America, and MEA?
- What are the key outcomes of the five forces analysis of the synthetic latex polymers market?

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