Styrene Butadiene Latex Trends and Forecast
The future of the global styrene butadiene latex market looks promising with opportunities in the building and construction, paper and paperboard, food and beverage, automotive, furniture, and personal care markets. The global styrene butadiene latex market is expected to reach an estimated $8.9 billion by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are rising demand for emulsion polymers, especially in paper and fiber & carpet processing industries, growing demand for paper, and increase in the development in the carpet industry worldwide.Styrene Butadiene Latex by Segment
The study includes a forecast for the global styrene butadiene latex by butadiene content, emulsion type, application, end use, and region.Styrene Butadiene Latex Market by Butadiene Content [Shipment Analysis by Value from 2018 to 2030]
- Low
- Medium
- High
Styrene Butadiene Latex Market by Emulsion Type [Shipment Analysis by Value from 2018 to 2030]
- Cationic
- Anionic
Styrene Butadiene Latex Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Paper Processing
- Fiber Processing
- Adhesive
- Civil Engineering
- Glass Fabric Processing
- Packaging
- Mortar Additives
- Foams
- Mattresses
- Paint
Styrene Butadiene Latex Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Building And Construction
- Paper And Paperboard
- Food And Beverage
- Automotive
- Furniture
- Personal Care
- Others
Styrene Butadiene Latex Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Styrene Butadiene Latex Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies styrene butadiene latex companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the styrene butadiene latex companies profiled in this report include-- Asahi Kasei
- BASF
- The Dow Chemical
- General Industrial Polymers
- HANSOLCHEMICAL
- JSR
- LANXESS
- Lanxess
- Mallard Creek Polymers
- Ecosynthetix
Styrene Butadiene Latex Market Insights
The publisher forecasts that paper processing will remain the largest segment because of paper production, styrene-butadiene latex is frequently used to improve the binding power of a pigment, making paper smoother, stiffer, brighter, and more water-resistant.APAC will remain the largest region over the forecast period growing demand for paper and rising carpet industry in the region.
Features of the Global Styrene Butadiene Latex Market
- Market Size Estimates: Styrene butadiene latex market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Styrene butadiene latex market size by various segments, such as by butadiene content, emulsion type, application, end use, and region in terms of ($B).
- Regional Analysis: Styrene butadiene latex market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different butadiene content, emulsion type, application, end use, and regions for the styrene butadiene latex market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the styrene butadiene latex market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the styrene butadiene latex market size?Answer: The global styrene butadiene latex market is expected to reach an estimated $8.9 billion by 2030.
Q.2 What is the growth forecast for styrene butadiene latex market?
Answer: The global styrene butadiene latex market is expected to grow with a CAGR of 2.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the styrene butadiene latex market?
Answer: The major drivers for this market are rising demand for emulsion polymers, especially in paper and fiber & carpet processing industries, growing demand for paper, and increase in the development in the carpet industry worldwide.
Q4. What are the major segments for styrene butadiene latex market?
Answer: The future of the global styrene butadiene latex market looks promising with opportunities in the building and construction, paper and paperboard, food and beverage, automotive, furniture, and personal care markets.
Q5. Who are the key styrene butadiene latex market companies?
Answer: Some of the key styrene butadiene latex companies are as follows:
- Asahi Kasei
- BASF
- The Dow Chemical
- General Industrial Polymers
- HANSOLCHEMICAL
- JSR
- LANXESS
- Lanxess
- Mallard Creek Polymers
- Ecosynthetix
Answer: The publisher forecasts that paper processing will remain the largest segment because of paper production, styrene-butadiene latex is frequently used to improve the binding power of a pigment, making paper smoother, stiffer, brighter, and more water-resistant.
Q7. In styrene butadiene latex market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period growing demand for paper and rising carpet industry in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the styrene butadiene latex market by butadiene content (low, medium, and high), emulsion type (cationic and anionic), application (paper processing, fiber processing, adhesive, civil engineering, glass fabric processing, packaging, mortar additives, foams, mattresses, and paint), end use (building and construction, paper and paperboard, food and beverage, automotive, furniture, personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- Asahi Kasei
- BASF
- The Dow Chemical
- General Industrial Polymers
- HANSOLCHEMICAL
- JSR
- LANXESS
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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