What is Styrene Butadiene Latex Market?
Styrene-butadiene latex is a type of polymer that is produced by the polymer emulsion process of styrene-butadiene. It is commonly used in paper processing as a coating for various types of paper products like flyers, catalogs, paperboards, and magazines in order to achieve high gloss and resistance to water or oil. The high growth of SB latex in the construction industry as an admixture for mortar and concrete due to improving tensile strength and water resistance properties in cement mortar will accelerate the growth of SB latex in the nearer future. SB latex can also be used for back coating on textiles, especially in tufted carpets to improve its stability and reduce fraying, which will create noteworthy opportunities in North American countries.
The market study is being classified by Type (Solution Styrene Butadiene Latex and Emulsion Styrene Butadiene Latex), by Application (Paint & Coating, Textiles, Glass Fiber Processing, Mortar and Concrete and Others) and major geographies with country level break-up.
Mallard Creek Polymers (United States), Asahi Kasei (Japan), Dow (United States), BASF (Germany), Synthomer (United Kingdom), LG Chem (South Korea), AkzoNobel (Netherlands), Ashland (United States), Wacker Chemie (Germany), Trinseo (United States), Euclid Chemical (United States), U.S. Adhesives, Inc. (United States) and Ultrapave (United States) are some of the key players profiled in the study.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Styrene Butadiene Latex market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Styrene Butadiene Latex market by Type, Application and Region.
On the basis of geography, the market of Styrene Butadiene Latex has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Use of Styrene Butadiene Latex as a Coating in Paper Products to Provide High Gloss and Resistance to Water and Oil
- High Growth of Packaging Industry and Increased Demand for Paperboard Packaging
- Rapidly Growing Construction Industry Across the Globe Due to Increasing Infrastructural Development Will Boost the Demand for SB Latex
- Increased Focus on the Research and Development of SB Latex to Improve Impact Resistance and Expansion of Its Applications
- Poor Strength of SB Latex Without Reinforcement and Strict Regulations by the Government on Latex Polymers
- Growing Demand for High-Performance Material and Development of Manufacturing Industries in CIS Will Create Significant Opportunities
- Increased Adoption of Tufted Carpets in North America
- Easy Availability of Styrene Butadiene Latex Alternatives like Styrene Butadiene Rubber Polymer in the Global Market
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Styrene Butadiene Latex Manufacturers, Styrene Butadiene Latex Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Styrene Butadiene Latex Market?
"Increasing Use of Styrene Butadiene Latex as a Coating in Paper Products to Provide High Gloss and Resistance to Water and Oil
" is seen as one of major growth factors of Styrene Butadiene Latex Market in years to come.
2. Can we have customized study for Styrene Butadiene Latex Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Styrene Butadiene Latex Market?
United States will lead Styrene Butadiene Latex Market in coming years.