Global Styrene Butadiene (SB) Latex Market 2019-2023

The global styrene butadiene latex market is forecast to grow at a CAGR of almost 2% during 2018-2023, and the market size will increase by 88.8 thousand tons during the forecast period of 2019-2023. Between 2018-2023, the styrene butadiene (SB) latex market will grow at a faster pace than the overall market growth in 2019. The growth momentum of the styrene butadiene (SB) latex market is expected to accelerate in the second half of the forecast period compared to the increase in the first half.

The styrene butadiene latex market is fragmented, and the degree of fragmentation is expected to decrease by 2023. An outlook of accelerating growth would provide opportunities to all market participants to grow. Market participants should focus on the opportunities on the demand side rather than getting overly impacted with the competitive dynamics. The accelerating growth momentum will be one of the contributing factors moderating the competitive intensity in the market over the forecast period.

Some of the key findings from our styrene butadiene latex market forecast report are summarized below

Paper processing was the largest segment within the overall market in 2018 and will continue to remain so in 2023. The growth rate of the paper processing segments will be faster than the global market growth during the forecast period 2019-2023. However, the growth rate of the fiber and carpet processing, glass fiber processing, adhesives, and others segment will be slower than the overall market growth.

To identify growth opportunities in the styrene butadiene latex market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. The APAC region will grow faster than the overall market. Market growth in Europe, MEA, North America, and South America will be slower than the global market.

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!

This styrene butadiene latex market report provides a detailed analysis of the market by application (paper processing, fiber and carpet processing, glass fiber processing, adhesives, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Asahi Kasei Corporation, BASF SE, DowDuPont, LG Chem, synthomer plc, and Trinseo.

Global styrene butadiene latex industry overview

Properties such as low VOC emissions and absence of flammable constituents have boosted the demand for emulsion polymers in adhesives and sealants, paper and paperboard, and paints and coatings manufacturing. It is preferred in the manufacturing of paints as it enhances heat sensitivity, self-repairing ability, and performance. Since SB latex is the most commonly used emulsion polymer, its growing demand in the production of fabrics and high-quality coated paper and paperboards will be one of the key trends that will fuel the growth of the SB latex market during the next five years.

The demand for coated, moisture-proof paper, and release paper in assorted perishable and non-perishable product packaging is increasing. The ban on plastic bags has also contributed to the growth of the paper and paperboard packaging market. SB latex is widely used as a latex binder in the production of such coated/pigmented paper and packaging paper. Hence, the growth of the paper and paperboard packaging industry is bound to boost the demand for styrene butadiene latex and drive market styrene butadiene latex market growth at a CAGR of almost 2% during the forecast period.

Top styrene butadiene latex companies covered in this market research report

The global styrene butadiene latex market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this styrene butadiene (SB) latex market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the future growth opportunities.

The report offers a detailed analysis of several leading styrene butadiene (SB) latex manufacturers, including:

• Asahi Kasei Corporation
• BASF SE 
• DowDuPont
• LG Chem
• synthomer plc
• Trinseo

Styrene butadiene latex market segmentation based on application

• Paper processing
• Fiber and carpet processing
• Glass fiber processing
• Adhesives
• Others

SB latex is used in the processing and production of different types of papers including specialized paper, moisture-proof paper, and coated/pigmented paper. Additionally, it is also used in manufacturing paperboard coatings. As a result of such applications of SB latex in paper processing, The paper processing segment will account for the highest styrene butadiene latex market share throughout the forecast period.

Styrene butadiene latex market segmentation based on geographic region

• APAC
• Europe
• MEA
• North America
• South America

With a complete study of the growth opportunities for companies, it has been identified that the APAC region will account for the highest styrene butadiene (SB) latex market share throughout the forecast period. The growth of the construction, pulp and paper, paints and coatings, and packaging industries is a major factor driving styrene butadiene latex market growth in this region.

Key highlights of the global styrene butadiene latex market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the styrene butadiene latex market during the next five years
• Precise estimation of the global styrene butadiene (SB) latex market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the styrene butadiene (SB) latex industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of styrene butadiene (SB) latex companies  

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch