Synthetic Latex Polymer Market - Global Market Share, Trends, Analysis and Forecasts, 2023 - 2032

Report code : IS205, Status : Published, Published on: Oct, 2020, Pages : 190 Pages, Format : PDF/PPT/Excel

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Description

The report titled 'Global Synthetic Latex Polymer Market - Growth, Share, Opportunities, and Competitive Analysis, 2023 - 2032' offers strategic visions into the global synthetic latex polymer market along with the market size (Revenue - US$ Million).

The said research study covers in-depth analysis of multiple market segments based on product, end user, and study across different topographies. The report is also inclusive of competitive profiling of the leading synthetic latex polymer vendors, and latest developments. Synthetic latex was invented after Second World War and the pace of its development was spurred by the urgent search for a viable synthetic substitute for natural rubber to sustain the war machine. This further led to the advent of emulsion polymerization theories.

Gradually the use of synthetic latex for glove making came into picture since 19th century in North America, which led it to be the largest consumer of synthetic latex polymers. Hence, North America accounts for more than 30% of the total market share in 2017. In addition, the increased demand for paints, coatings, and adhesives and sealants due to the global recovery of the housing market is driving the market growth.

The housing market in countries such as China, Russia, Turkey, Luxemburg, Singapore, Columbia, and India are witnessing considerable growth thereby driving the demand for latex polymer based paints and coatings. The global synthetic latex polymer market is expected to expand at a CAGR of 4.0% from 2019 to 2024 to reach a market size of US$ 30 Billion by 2024. The key factor driving growth of global synthetic latex polymer market is the increase in investments in the development of commercial infrastructure in Asia Pacific and Latin America.

Furthermore, the growing demand for synthetic latex polymers for manufacturing latex gloves and bio-adhesives for the ever-increasing healthcare industry in several developing economies is projected to spur market growth. On the contrary, poor performance of some major consuming applications may significantly hamper the growth of synthetic latex polymer market in the coming years.

The global synthetic latex polymer market has been segmented based on product, end user, and geography. Based on product, the global synthetic latex polymer market has been segmented into acrylics, SB latex, PVA, Vinyl copolymers, PU, and others. Based on end user, the global synthetic latex polymer market has been segmented into paints & coatings, adhesives & sealants, paper, construction, glove dipping, and carpets & nonwovens. Among various applications, paints & coatings accounted for major share in the global synthetic latex polymer market in 2017 and this segment is further expected to remain dominant in the near future expanding at a CAGR of 4.2% from 2018 to 2024. The prompt development of the house remodeling and commercial housing segments in the Asia Pacific region are the key drivers for the growth of this segment. Based on geography, the global synthetic latex polymer market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America comprises U.S., Canada, and Mexico whereas Europe would primarily cover Germany, France, UK, Italy, and Rest of Europe. The key countries included under Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific. In Latin America, Brazil, Argentina, and Rest of Latin America are the key segments whereas in Middle East & Africa, South Africa and Rest of MEA are the key segments covered in the report. APAC accounted for the largest market share during 2017 and is predicted to retain its leadership until the end of 2024 with a growth rate of 4.8%.

The primary reason being augmented economic and industrial development in this region, particularly in China and India is driving the market growth. The global synthetic latex polymer market is concentrated with leading manufacturers such as BASF, Celanese, Dow Chemical, Styrolution, and Synthomer having strong hold on the global market. Other key manufacturers of synthetic latex polymers in the global market include 3M, Akzo Nobel, Alberdingk Boley, AP Resinas, Arkema, Asahi Kasei, Asian Paints, Bayer MaterialScience, Berkshire Hathaway, Chemec, Clariant, Dairen Chemical, Dow Corning, and Eastman Chemical among others.

Market Segmentation:

By Product

By End User

By Regions

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Table Of Content

Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
Market Synopsis: Global Synthetic Latex Polymer Market
Global Synthetic Latex Polymer Market Qualitative Analysis
- Ecosystem Analysis
  - Role of participants
  - Integration scenario
- Trends
  - Market trends
  - Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
  - Driving Forces
  - Hindering Forces
  - Opportunities
- Raw material sourcing
- Distribution Channel analysis
- COVID-19 consequences
- Average Market Price and Price trend
- Government Regulations & Environment safety
Global Synthetic Latex Polymer Market Analysis and Forecast, by Product Type
- Overview and definitions
- Key segment analysis
- Global Synthetic Latex Polymer Market Estimates (US$ Mn), by Product Type, 2019 – 2032
  - Acrylics
    - Pure Acrylics
    - Styrene Acrylics
    - Vinyl Acrylics
  - Polyvinyl Acetate
  - Polyurethane
  - Styrene-butadiene
    - Carboxylated SB (X – SB)
    - High-solid SB
    - Acrylonitrile butadiene (AB)
    - Vinyl Pyridine
  - Vinyl Acetate Copolymers
  - Vinyl Acetate Ethylene
  - Others (Ethylene Vinyl Chloride, Polychloropropene etc.)

Global Synthetic Latex Polymer Market Analysis and Forecast, by Application
- Overview and definitions
- Key segment analysis
- Global Synthetic Latex Polymer Market Estimates (US$ Mn), by Application, 2019 – 2032
  - Paints and Coatings
  - Adhesives and Sealants
  - Carpet
  - Glass Fiber
  - Construction
  - Glove Dipping
  - Paper
  - Tires
  - Nonwovens
  - Others (Polishes & Wax, Textiles etc.)

Global Synthetic Latex Polymer Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Synthetic Latex Polymer Market Estimates (US$ Mn), by Region, 2019 – 2032
  - North America
  - Europe
  - Asia Pacific
  - Middle East & Africa
  - South America

North America Synthetic Latex Polymer Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Synthetic Latex Polymer Market Estimates (US$ Mn), by Product Type, 2019 – 2032
  - Acrylics
    - Pure Acrylics
    - Styrene Acrylics
    - Vinyl Acrylics
  - Polyvinyl Acetate
  - Polyurethane
  - Styrene-butadiene
    - Carboxylated SB (X – SB)
    - High-solid SB
    - Acrylonitrile butadiene (AB)
    - Vinyl Pyridine
  - Vinyl Acetate Copolymers
  - Vinyl Acetate Ethylene
  - Others (Ethylene Vinyl Chloride, Polychloropropene etc.)
- North America Synthetic Latex Polymer Market Estimates (US$ Mn), by Application, 2019 – 2032
  - Paints and Coatings
  - Adhesives and Sealants
  - Carpet
  - Glass Fiber
  - Construction
  - Glove Dipping
  - Paper
  - Tires
  - Nonwovens
  - Others (Polishes & Wax, Textiles etc.)
- North America Synthetic Latex Polymer Market Estimates (US$ Mn), Country, 2019 – 2032
  - The U.S.
  - Canada
  - Rest of North America

Europe Synthetic Latex Polymer Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Synthetic Latex Polymer Market Estimates (US$ Mn), by Product Type, 2019 – 2032
  - Acrylics
    - Pure Acrylics
    - Styrene Acrylics
    - Vinyl Acrylics
  - Polyvinyl Acetate
  - Polyurethane
  - Styrene-butadiene
    - Carboxylated SB (X – SB)
    - High-solid SB
    - Acrylonitrile butadiene (AB)
    - Vinyl Pyridine
  - Vinyl Acetate Copolymers
  - Vinyl Acetate Ethylene
  - Others (Ethylene Vinyl Chloride, Polychloropropene etc.)
- Europe Synthetic Latex Polymer Market Estimates (US$ Mn), by Application, 2019 – 2032
  - Paints and Coatings
  - Adhesives and Sealants
  - Carpet
  - Glass Fiber
  - Construction
  - Glove Dipping
  - Paper
  - Tires
  - Nonwovens
  - Others (Polishes & Wax, Textiles etc.)
- Europe Synthetic Latex Polymer Market Estimates (US$ Mn), Country, 2019 – 2032
  - Germany
  - United Kingdom
  - Belgium
  - Spain
  - Rest of Europe

Asia Pacific Synthetic Latex Polymer Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Synthetic Latex Polymer Market Estimates (US$ Mn), by Product Type, 2019 – 2032
  - Acrylics
    - Pure Acrylics
    - Styrene Acrylics
    - Vinyl Acrylics
  - Polyvinyl Acetate
  - Polyurethane
  - Styrene-butadiene
    - Carboxylated SB (X – SB)
    - High-solid SB
    - Acrylonitrile butadiene (AB)
    - Vinyl Pyridine
  - Vinyl Acetate Copolymers
  - Vinyl Acetate Ethylene
  - Others (Ethylene Vinyl Chloride, Polychloropropene etc.)
- Asia Pacific Synthetic Latex Polymer Market Estimates (US$ Mn), by Application, 2019 – 2032
  - Paints and Coatings
  - Adhesives and Sealants
  - Carpet
  - Glass Fiber
  - Construction
  - Glove Dipping
  - Paper
  - Tires
  - Nonwovens
  - Others (Polishes & Wax, Textiles etc.)
- Asia Pacific Synthetic Latex Polymer Market Estimates (US$ Mn), Country, 2019 – 2032
  - Japan
  - India
  - China
  - Australia
  - Rest of Asia Pacific

Middle East & Africa Synthetic Latex Polymer Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Synthetic Latex Polymer Market Estimates (US$ Mn), by Product Type, 2019 – 2032
  - Acrylics
    - Pure Acrylics
    - Styrene Acrylics
    - Vinyl Acrylics
  - Polyvinyl Acetate
  - Polyurethane
  - Styrene-butadiene
    - Carboxylated SB (X – SB)
    - High-solid SB
    - Acrylonitrile butadiene (AB)
    - Vinyl Pyridine
  - Vinyl Acetate Copolymers
  - Vinyl Acetate Ethylene
  - Others (Ethylene Vinyl Chloride, Polychloropropene etc.)
- Middle East & Africa Synthetic Latex Polymer Market Estimates (US$ Mn), by Application, 2019 – 2032
  - Paints and Coatings
  - Adhesives and Sealants
  - Carpet
  - Glass Fiber
  - Construction
  - Glove Dipping
  - Paper
  - Tires
  - Nonwovens
  - Others (Polishes & Wax, Textiles etc.)
- Middle East & Africa Synthetic Latex Polymer Market Estimates (US$ Mn), Country, 2019 – 2032
  - Saudi Arabia
  - UAE
  - Rest of Middle East

South America Synthetic Latex Polymer Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Synthetic Latex Polymer Market Estimates (US$ Mn), by Product Type, 2019 – 2032
  - Acrylics
    - Pure Acrylics
    - Styrene Acrylics
    - Vinyl Acrylics
  - Polyvinyl Acetate
  - Polyurethane
  - Styrene-butadiene
    - Carboxylated SB (X – SB)
    - High-solid SB
    - Acrylonitrile butadiene (AB)
    - Vinyl Pyridine
  - Vinyl Acetate Copolymers
  - Vinyl Acetate Ethylene
  - Others (Ethylene Vinyl Chloride, Polychloropropene etc.)
- South America Synthetic Latex Polymer Market Estimates (US$ Mn), by Application, 2019 – 2032
  - Paints and Coatings
  - Adhesives and Sealants
  - Carpet
  - Glass Fiber
  - Construction
  - Glove Dipping
  - Paper
  - Tires
  - Nonwovens
  - Others (Polishes & Wax, Textiles etc.)
- South America Synthetic Latex Polymer Market Estimates (US$ Mn), Country, 2019 – 2032
  - Brazil
  - Rest of South America

Competition Analysis – Synthetic Latex Polymer Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
  - BASF SE
    - Business overview
    - Geographic presence
    - Product portfolio
    - Financial facts
    - Production facts
    - Relevant news and strategic view
  - The Dow Chemical Company
  - Alberdingk Boley
  - Apcotex Industries Ltd.
  - Arkema S.A.
  - Arlanxeo
  - Asahi Kasei Corporation
  - Celanese Corporation
  - LG Chem Ltd.
  - Lubrizol (Berkshire Hathaway)
  - Omnova Solutions Inc. (Synthomer Plc)
  - Trinseo
  - Wacker Chemie AG

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Frequently asked questions about this report

What is the time duration considered while assessing the market?

The Synthetic Latex Polymer analysis market has been assessed for the years 2022 to 2032.

What are the different types of Synthetic Latex Polymer used?

Based on type, the Synthetic Latex Polymer market is segmented into product, end user, and geography.

what are the prominent Synthetic Latex Polymer market players across the globe?

Major players operating in the global Synthetic Latex Polymer market include BASF, Celanese, Dow Chemical, Styrolution, and Synthomer having strong hold on the global market. Other key manufacturers of synthetic latex polymers in the global market include 3M, Akzo Nobel, Alberdingk Boley, AP Resinas, Arkema, Asahi Kasei, Asian Paints, Bayer MaterialScience, Berkshire Hathaway, Chemec, Clariant, Dairen Chemical, Dow Corning, and Eastman Chemical among others..