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Synthetic Latex Polymers Market | Covid-19 Impact Analysis
The Synthetic Latex Polymers Market is Segmented by Polymer Type (Styrene Acrylic, Styrene Butadiene, Acrylic, Vinyl Acetate Copolymer, Polyvinyl Acetate, Vinyl Acetate Ethylene, and Others), by Application Type (Paints & Coatings, Adhesives & Sealants, Nonwovens, Carpets, Paper & Paperboard, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Synthetic latex polymers market is likely to witness a healthy CAGR of 4.8% during the next five years. The growing demand for synthetic latex polymers is mainly due to the increasing usage of paints & coatings all over the world.
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Synthetic Latex Polymers Market - Snapshot |
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Growth |
4.8% for the next five years |
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Major Polymer Type |
Styrene Acrylic |
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Dominant Application Type |
Paints & Coatings |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Arkema Group, ARLANXEO, Asahi Kasei, BASF, Celanese, Dow, OMNOVA Solutions, Synthomer, Trinseo, and Wacker Chemie. |
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Based on the polymer type, the market is segmented as styrene acrylic, styrene butadiene, acrylic, vinyl acetate copolymer, polyvinyl acetate, vinyl acetate ethylene, and others. The styrene acrylic segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The growing usage of styrene acrylics in architectural coatings, roof coatings, and binders is expected to drive the growth of the segment.
Based on the application type, the synthetic latex polymers market is segmented as paints & coatings, adhesives & sealants, nonwovens, carpets, paper & paperboard, and others. The paints & coatings segment leads the market owing to increase in the construction activities and requirement for synthetic latex polymers in the paints & coatings application.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing synthetic latex polymers market during the forecast period, with China, Japan, and India being the major countries offering considerable growth opportunities. The growth of the market is owing to rapid urbanization of developing countries, extensive growth of the construction industry in the region, and presence of a large number of synthetic latex polymer manufacturers in region.
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Some of the major synthetic latex polymer manufacturers are-
Synthetic latex polymers are used to make surface coatings, proprietary mortars, and screeds, also used to make floors chemically resistant. They improve the adhesion and flexural strengths of formulated products. The major types of synthetic latex polymers are styrene acrylic, styrene butadiene, acrylic, vinyl acetate copolymer, polyvinyl acetate, and vinyl acetate ethylene, used in a variety of applications such as paints & coatings, adhesives & sealants, nonwovens, carpets, and paper & paperboard.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Synthetic Latex Polymers Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The synthetic latex polymers market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Synthetic latex polymers market is expected to witness an impressive growth of 4.8% CAGR in the foreseeable future.
The styrene acrylic segment is expected to remain dominant polymer type in the synthetic latex polymer market in the coming years.
Arkema Group, ARLANXEO, Asahi Kasei, BASF, Celanese, Dow, OMNOVA Solutions, Synthomer, Trinseo, and Wacker Chemie are among the key players in the synthetic latex polymers market.
Asia-Pacific is expected to remain the largest market for synthetic latex polymers market during the next five years.
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