Synthetic Latex Polymers Market Global Share, Trend Analysis and Forecast Report

Synthetic Latex Polymers Market Report, By Type (Acrylics, Styrene Butadiene, Vinyl Acetate Copolymer, Polyvinyl Acetate, Vinyl Acetate Ethylene), Application (Paints & Coatings, Adhesives & Sealants, Nonwovens, Carpets, Paper & Paperboard) And Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 1418 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : Global


Synthetic latex polymers are widely used in the production of textiles and coatings to achieve the chemical bonding of the fibrous structure. They are majorly used to overcome the limitations of nonwovens in properties including structure, stiffness, strength, and dry cleaning capability. These polymers are selected based on cost and performance characteristics, such as strength, durability, and compatibility with additives. Some of the widely used polymers include styrene-butadiene copolymers (SBR), acrylonitrile-butadiene copolymers, polychloroprene, acrylic polymers, vinyl acetate polymers, vinyl acetate-ethylene polymers, vinyl chloride polymers & copolymers, polybutadiene, polyisoprene etc. The global synthetic latex polymers market is estimated and forecasted in terms of revenue (USD million) generated by the global market.

Synthetic Latex Market Polymers Outlook

The global synthetic latex polymers market is witnessing outstanding growth due to increasing use of synthetic latex polymers in the coatings industry coupled with replacement of solvent-based adhesives. Moreover, increasing awareness regarding the use of synthetic latex polymers in emerging countries is fuelling the market growth globally. Furthermore, growing construction and electronics industries in developing nations are expected to provide growth opportunities to this market in the future. However, the global synthetic latex polymers market is hampered by high cost of technology development and diminishing demand for carpets and paper products.


Synthetic Latex Polymers Market Segmental Overview

The report analyses the global synthetic latex polymers market based on type, application and geography. 

Synthetic Latex Polymers Market by Type 

Based on type, this market is segmented into acrylics, styrene butadiene, vinyl acetate copolymer, polyvinyl acetate, vinyl acetate ethylene and others. Among all types, the vinyl acetate ethylene segment is projected to grow at the highest CAGR during the forecast period, due to wide acceptance for its improved performance and superior characteristics. 

Synthetic Latex Polymers Market by Application 

Based on application, this market is segmented into paints & coatings, adhesives & sealants, nonwovens, carpets, paper & paperboard and others (construction, textiles etc.). Among these, the paints & coatings segment is anticipated to grow at a lucrative rate, chiefly due to the growing usage of synthetic latex polymers in interior, exterior, and architectural coatings. 

Synthetic Latex Polymers Market by Geography 

By geography, the global synthetic latex polymers market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Although the North America and European markets remain the largest consumers of synthetic latex polymers, strong shifts are being seen in markets as diverse as China, India, and the Middle East. In 2017, Asia Pacific dominated the global synthetic latex polymers market and is also expected to grow at the fastest pace during the forecast period. Intensifying demand for synthetic latex polymers from the paints & coatings and adhesives & sealants are fuelling the growth of this region. Furthermore, the demand for synthetic latex polymers is increasing in Europe, due to robust growth of infrastructure and surging applications in construction and textiles industries. Moreover, this region offers high growth potential due to import substitution programs implemented by the Russian government, along with the strategic development of chemical industry plans across most CIS countries.

Synthetic Latex Polymers Market Key Players

Some of the key market players of the global synthetic latex polymers market include Wacker Chemie, Synthomer, BASF SE, Celanese Corp., DowDuPont, 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 and Zeon. Strategies such as product innovation and collaborations are adopted by global players as well as regional players, to maintain the product superiority, thus interpreting market sustainability.

The global synthetic latex polymers market is segmented based on type, application and geography. Based on type, this market is segmented into acrylics, styrene butadiene, vinyl acetate copolymer, polyvinyl acetate, vinyl acetate ethylene and others. Among all types, the vinyl acetate ethylene segment is projected to grow at the highest CAGR during the forecast period, due to wide acceptance for its improved performance and superior characteristics. Based on application, this market is segmented into paints & coatings, adhesives & sealants, nonwovens, carpets, paper & paperboard and others (construction, textiles etc.). Among these, the paints & coatings segment is anticipated to grow at a lucrative rate, chiefly due to the growing usage of synthetic latex polymers in interior, exterior, and architectural coatings. By geography, the global synthetic latex polymers market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Although the North America and European markets remain the largest consumers of synthetic latex polymers, strong shifts are being seen in markets as diverse as China, India, and the Middle East. In 2017, Asia Pacific dominated the global synthetic latex polymers market and is also expected to grow at the fastest pace during the forecast period. 

Why to buy this report:

  • The report offers changing market dynamics in the synthetic latex polymers industry, presenting historical, current and projected market size in terms of value (USD million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of synthetic latex polymers, such as polymers market, latex polymers market etc.
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the synthetic latex polymers market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of synthetic latex polymers market