1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Styrene Butadiene (SB) Latex Market, 2017 - 2024 Styrene Butadiene (SB) Latex Market Size By Butadiene Content (Low, Medium, High), By Application (Paper Processing, Fiber Processing, Glass Fiber Processing, Mortar Additives. Paints & Coatings, Adhesives), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Styrene Butadiene Latex Market size is forecast to exceed USD 9 billion by 2024; according to a new research report by Global Market Insights, Inc. Styrene butadiene latex market will be primarily driven by adhesives and paper industry growth over the forecast duration. The global demand for adhesives and sealants in 2014 was 8.1 million tons, which is anticipated to reach at 12 million tons by 2024. Adhesives are widely used in all major end-user industries such as construction, automobile, electricals, etc. High and low butadiene content SB latex is used in adhesives on large scale. Growth in automobile and construction industries, will propel growth in adhesives demand, which will eventually be beneficial for styrene butadiene latex market size growth in the coming years. Global Market Scenario of Styrene Butadiene (SB) Latex
3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. styrene butadiene latex market size, by application, 2013 - 2024 (USD Million)
4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com In 2016, paper processing segment accounted for a major share of overall styrene butadiene latex market. Asia Pacific and Latin American paper industry is growing tremendously from past few years. In last 20 years, the paper products usage has increased from 92 million tons to 208 million tons. This shall be a growth indicator for styrene butadiene latex market size growth in future. Products Insights
5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latin America is likely to witness prominent CAGR during the forecast timespan for styrene butadiene latex market and held a prominent share in 2016. Latin America is a growing market for paper and textile products, increasing per capita income of consumers in Brazil and Mexico, have has led to surged demand for both paper and textile. This positive trend will subsequently drive the product demand in the region over the next few years. The styrene butadiene latex market is fragmented with many companies holding for the majority of the market share while Trinseo and BASF SE have emerged as market leaders. Key industry players include Trinseo, Dow Chemical Company, Styron Europe GmbH, Asahi Kasei Chemical Corporation. Other prominent styrene butadiene latex manufacturers include LG Chem, Mallard Creek Polymers, Synthomer Plc and Synthetic Latex Company (Pty) Ltd. Regional and Competitive Insights
6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Styrene Butadiene (SB) Latex Market@ http://bit.ly/2j2U1hl Request for Sample of this Research Report @ http://bit.ly/2mKiZTI
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