The 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.
This market research report endows with significant and meaningful market insights for the business by taking into consideration various factors. Even a number of steps have been utilized in this report for gathering, analysing and recording the data and information. With a systematic problem analysis, model building and fact-finding, Synthetic Latex Polymers Market report lends a hand to businesses in decision-making and managing marketing of goods and services. This market report gives illustrations of the CAGR values for the historic year 2018, the base year 2019, and the forecast for the year 2020-2026.
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MARKET DEFINITION: SYNTHETIC LATEX POLYMERS MARKET
Synthetic latex polymers are available in different types, including styrene acrylic, styrene butadiene, acrylic, vinyl acetate copolymer, polyvinyl acetate, vinyl acetate ethylene and others. Synthetic latex polymers are used in various application including paints & coatings, adhesives & sealants, nonwovens, carpets and paper & paperboard. According to American Coating Association, U.S. exported USD 2.3 billion of paint and coatings products in 2014, the highest level in a decade. Furthermore, the third largest export market for U.S. paint and coatings products was China at USD 90 million in 2014 and Japan and U. K. rounded out the top five leading export markets for U.S. paint and coatings products in 2014, at USD 41 million and USD 39 million, respectively
SEGMENTATION: SYNTHETIC LATEX POLYMERS MARKET
- 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.
KEY VENDORS OPERATING IN THE MARKET:
Some of the major players operating in the global synthetic latex polymers market are – Wacker Chemie, Synthomer, BASF, Celanese, Dow, Arkema Group, ARLANXEO, Asahi Kasei, OMNOVA Solutions, Trinseo, Apcotex, Bangkok Synthetics, Goodyear Chemical, Jubilant Agri & Consumer Products, Kumho Petrochemical, LG Chem, Lion Elastomers, Lubrizol, Shanghai Baolijia, Shanxi Sanwei, Sibur, Sumitomo Chemical, The Synthetic Latex Company, Versalis, Zeon 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
KEY BENEFITS OF THE REPORT
The Synthetic Latex Polymers Market is also presented to the readers as a holistic snapshot of the competitive landscape within the given forecast period. The report also educates about the market strategies that are being adopted by your competitors and leading organizations. The report also focuses on all the recent industry trends. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of where areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the market.
WHY TO PURCHASE THIS REPORT?
Following are the reasons to consider this Synthetic Latex Polymers Market:
- This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
- The report analyzes various factors which act as drivers and restraints to development the overall Synthetic Latex Polymers Market.
- This report not only analyzes present market condition but it likewise estimates how the Synthetic Latex Polymers Market is going to perform for estimated time period of 2018-2025.
- It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
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