Advancements in paper and paperboard packaging industry, growing demand for emulsion polymers, and ongoing research activities
Market Size – USD 7.931 billion in 2020, Market Growth – CAGR of 3.0%, Market Trends – Increasing demand for paper and paperboard products
The styrene-butadiene latex market is projected to grow at a rate of 3.0% in terms of value, from 2020 to reach USD 9.99 Billion by 2028. The growth of the market is attributed to the growing demand for emulsion polymers, especially in paper and fiber carpet processing industries, as these are generally less expensive and better resistant to abrasions than natural rubber.
The report’s ‘COVID-19 Impact Study’ section focuses on the profound impact of the global pandemic on the materials chemicals market, throwing light on the key challenges the industry players are currently facing. The report further analyzes other crucial aspects of the market, such as product pricing structure, product portfolios, end-use industries, sales statistics, distribution channels, and upcoming industry trends. Moreover, the report provides actionable insights into the industry’s highly competitive scenario and profiles the top companies operating in the industry, along with their extensive product portfolios.
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Some Key Highlights in the Report:
- On the basis of emulsion type, the market is segmented into cationic, and anionic. Among these, the cationic segment accounted for largest revenue share in 2020.
- On the basis of butadiene content, the market report is segmented into low, medium and high. Among these, the low butadiene content styrene-butadiene latex segment is expected to register a significantly rapid revenue CAGR during the forecast period as it is widely used in mortar additive, pressure sensitive adhesives and non-woven fabrics.
- On the basis of distribution channel, the market report is segmented into online and offline. The offline distribution channel segment is expected to register largest revenue share over the forecast period as it creates personal connections with business and therefore build loyalty.
- On the basis of application channel, the market report is segmented into paper processing, fiber carpet processing, glass fiber processing, adhesives, and others. The paper processing segment is expected to register largest revenue share over the forecast period as styrene butadiene latex enhances a pigment's binding power which makes paper brighter, smoother, stiffer, and more water resistant.
Some major players in the market research report include, BASF SE, Asahi Kasei Corporation, LG Chem, DowDuPont, Trinseo, Synthomer PLC, Omnova Solutions PLC, Zeon Corporation, Lanxess, and NANTEX Industry Co. Ltd.
Regional Outlook
The key regions covered in the report are as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Emulsion Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018 – 2028)
- Cationic
- Anionic
Butadiene Content Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018 – 2028)
- Low
- Medium
- High
Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018 – 2028)
- Online
- Offline
Application Channel Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018 – 2028)
- Paper Processing
- Fiber Carpet Processing
- Glass Fiber Processing
- Adhesives
- Others
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Table of Contents:
Report Overview
1.1 Research Scope
1.2 Key Styrene Butadiene Latex 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 Styrene Butadiene Latex market size
2.2 Latest regional market trends
2.3 Emerging growth trends
Competitive Outlook
3.1 Global Styrene Butadiene Latex market key players
3.2 Global Styrene Butadiene Latex size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Styrene Butadiene Latex market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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