Global Synthetic Latex Polymers Market is expected to reach USD 35.12 billion by 2025, from USD 26.53 billion in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Synthetic Latex Polymers Market, By Type (Styrene Acrylic, Styrene Butadiene, Acrylic, Vinyl Acetate Copolymer, Polyvinyl Acetate, Vinyl Acetate Ethylene, Others), By Application (Paints & Coatings, Adhesives & Sealants, Nonwovens, Carpets, Paper & Paperboard, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
The global synthetic latex polymers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of synthetic latex polymers market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
- Wacker Chemie,
- Arkema Group,
- Asahi Kasei,
- OMNOVA Solutions,
- Bangkok Synthetics,
- Goodyear Chemical,
- Jubilant Agri & Consumer Products,
- Kumho Petrochemical,
- LG Chem,
- Lion Elastomers,
- among others.
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Major Market Drivers and Restraint:
- High demand for synthetic latex polymers for paints and coatings
- Replacement of solvent-based adhesives
- Increasing construction and electronics sector in developing countries
- Diminishing demand for carpets and paper & paper products
- Fluctuation in crude oil prices
- The global synthetic latex polymers market is segmented based on type, application and geographical segments.
- Based on type, the global synthetic latex polymers market is segmented into styrene acrylic, styrene butadiene, acrylic, vinyl acetate copolymer, polyvinyl acetate, vinyl acetate ethylene and others.
- On the basis of application, the global synthetic latex polymers market is classified into paints & coatings, adhesives & sealants, nonwovens, carpets, paper & paperboard and others.
- Based on geography, the global synthetic latex polymers market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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