The Global synthetic latex polymers market is forecast to reach USD 41.07 Billion by 2026, according to a new report by Reports and Data. Butadiene and Styrene are the two main components required for manufacturing synthetic latex polymers along with additional ingredients like sulfur. As compared to natural latex and its products, synthetic latex polymers find high acceptance and application among end-user industries. During the forecast period, the synthetic latex polymers market is projected to witness a significant growth rate. One of the mentionable factors propelling the growth of this market is the rise in construction activities. In this regard, the applicability of synthetic latex polymers in various construction activities like decorative coatings in the architecture of a building, implementation in construction products like ceramic titles, elastomeric roof coatings, and putties have increased in acceptance in the construction industry. The high applicability of synthetic latex polymers in the construction industry is an integral factor for spurring the growth of the market.
Top Companies Operating in the Global Synthetic Latex Polymers Market:
BASF, Wacker Chemie, Synthomer, Dow, Celanese, Arkema Group, Asahi Kasei, ARLANXEO, Trinseo, and OMNOVA Solutions.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Synthetic Latex Polymers market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Synthetic Latex Polymers market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Synthetic Latex Polymers market key players
3.2 Global Synthetic Latex Polymers size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Synthetic Latex Polymers market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Synthetic Latex Polymers Market Segmentation
Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Styrene-Butadiene
- Styrene Acrylic
- Vinyl Acetate Copolymer
- Acrylic
- Vinyl Acetate Ethylene
- Polyvinyl Acetate
- Others
Raw Materials type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Butadiene
- Styrene
- Others
Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Coatings Paints
- Nonwovens
- Adhesives Sealants
- Carpets
- Paper Paperboard
- Others
End-user Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Construction sector
- Automotive industry
- Electronics sector
- Textile industry
- Healthcare sector
- Others
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