Press release
At 4.6 % CAGR Synthetic Latex Polymers Market potentially worth $ 34.53 billion by 2022
Synthetic Latex Polymers
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Synthetic latex polymers market is estimated to be USD 27.58 billion in 2017 and is projected to reach USD 34.53 billion by 2022, at a CAGR of 4.6% from 2017 to 2022. One of the most significant factors driving the growth of the synthetic latex polymers market is the increased demand for paints &coatings from various regions worldwide. However, fluctuating crude oil prices are acting as a key challenge to the growth of the synthetic latex polymers market. Limited crude oil reserves affect the growth of the synthetic latex polymers industry, owing to high dependency on manufacturing of petrochemical products from crude oil.
Target Audience:
• Manufacturers of Synthetic Latex Polymers
• Traders, Distributors, and Suppliers of Synthetic Latex Polymers
• Regional Manufacturers’ Associations and General Synthetic Latex Polymers Associations
• Government and Regional Agencies and Research Organizations
• Investment Research Firms
synthetic latex polymers market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. China and India are key markets for synthetic latex polymers in the Asia Pacific region. The increased demand for synthetic latex polymers from various end-use applications, such as paints & coatings, is expected to drive the growth of the synthetic latex polymers market in the Asia Pacific region.
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Based on type, the styrene acrylics segment is estimated to account for the largest share of the synthetic latex polymers market in 2017, in terms of value and volume. Styrene acrylics are used in the manufacture of architectural paints. The demand for styrene acrylics is projected to increase in the near future, owing to the growth of the global construction industry that is a key consumer of paints, coatings, adhesives, and sealants.
Competitive Landscape
1 Overview
2 Market Ranking of Key Players
3 Competitive Scenario
3.1 Investment & Expansion
3.2 New Product Launch
3.3 Acquisition
3.4 Divestment
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The synthetic latex polymers market has been segmented on the basis of type, application, and region. This report covers the synthetic latex polymers market, in terms of value and volume, and forecasts its market size till 2022.It includes the market segmentation based on type (styrene acrylics, acrylics, styrene butadiene, vinyl acetate ethylene, polyvinyl acetate, and vinyl acetate copolymer),application (paints & coatings, adhesives & sealants, paper & paperboard, carpets, and nonwovens), and region (Asia Pacific, Europe, North America, the Middle East & Africa, and South America).Key countries considered for market analysis in the seregions include China, India, Japan, South Korea, Singapore, Indonesia, Thailand, the US, Canada, Mexico, Germany, Italy, the UK, Russia, and Brazil. The report also provides company profiles and competitive strategies adopted by key players in the synthetic latex polymers market.
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