openPR Logo
Press release

Styrene Butadiene (SB) Latex Market to Witness Steady Growth During the Forecast Period 2017-2024

Styrene Butadiene (SB) Latex Market to Witness Steady Growth

Styrene butadiene latex market will be primarily driven by adhesives and paper industry growth over the forecast duration. The global demand for adhesives and sealants in 2014 was 8.1 million tons, which is anticipated to reach at 12 million tons by 2024. Adhesives are widely used in all major end-user industries such as construction, automobile, electricals, etc. High and low butadiene content SB latex is used in adhesives on large scale. Thus, growth in automobile and construction industries, will propel growth in adhesives demand, which will eventually be beneficial for styrene butadiene latex market size growth in the coming years.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2199

Paper industry growth will be a prime revenue generating driver for styrene butadiene latex market during the forecast period as SB latex acts as a strong binder in paper processing. Currently, Asia Pacific is the leading region in SB latex market. Mainly led by China, this region accounts for almost 40% of global product consumption as it has huge market for paper and paper board products.

Some major players in the styrene butadiene latex market are expanding their production capacity for tapping the potential demand that is likely to rise due to increased demand for coated paper in Asia Pacific market. A major hurdle in styrene butadiene latex market growth is the oscillating feedstock prices, which directly affects the production process of SB latex and hampers its growth.

Low butadiene content SB latex held a prominent share in global styrene butadiene latex market due to its extensive application in various end-user industries such as adhesives and textiles. The product is also used in non-woven fabrics and pressure sensitive adhesives.

Browse Full Research Report On Styrene Butadiene (SB) Latex Market @
https://www.gminsights.com/industry-analysis/styrene-butadiene-sb-latex-market

In 2016, paper processing segment accounted for a major share of overall styrene butadiene latex market. Asia Pacific and Latin American paper industry is growing tremendously from past few years. In last 20 years, the paper products usage has increased from 92 million tons to 208 million tons. This shall be a growth indicator for styrene butadiene latex market size growth in future.

Latin America is likely to witness prominent CAGR during the forecast timespan for styrene butadiene latex market and held a prominent share in 2016. Latin America is a growing market for paper and textile products, increasing per capita income of consumers in Brazil and Mexico, have has led to surged demand for both paper and textile. This positive trend will subsequently drive the product demand in the region over the next few years.

Asia Pacific, led by China, will expand at prominent growth rate over the forecast timeframe. Asia Pacific is a leading carpet and paper producer and an enormous market for the paper based and textile & garments industry. Both, carpet and paper industries in Asia Pacific are growing at prominent rates, which clearly indicates new growth avenues for product demand in the next few years.

Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/2199

The styrene butadiene latex market is fragmented with many companies holding for the majority of the market share while Trinseo and BASF SE have emerged as market leaders. Key industry players include Trinseo, Dow Chemical Company, Styron Europe GmbH, Asahi Kasei Chemical Corporation. Other prominent styrene butadiene latex manufacturers include LG Chem, Mallard Creek Polymers, Synthomer Plc and Synthetic Latex Company (Pty) Ltd.

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.

Contact Us:
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: https://gminsights.wordpress.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Styrene Butadiene (SB) Latex Market to Witness Steady Growth During the Forecast Period 2017-2024 here

News-ID: 960877 • Views: 151

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the