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Synthetic Latex Polymers Market Share

Report ID: GMI7149
Published Date: Oct 2023
Report Format: PDF

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Synthetic Latex Polymers Market Share

Major players operating in the synthetic latex polymers industry include:

BASF
Dow Chemical
Celanese Corporation
Wacker Chemie
Arkema
Synthomer
OMNOVA Solutions
Trinseo
Zeon Corporation
Nippon Zeon
Asahi Kasei
LG Chem
Kumho Petrochemical

BASF and Dow Chemical have secured significant market shares in the Asia-Pacific Synthetic Latex Polymers industry, and their success can be attributed to various factors. Both companies are renowned for their relentless commitment to research and innovation, resulting in the development of cutting-edge synthetic latex products with enhanced performance characteristics. Their strong global presence and extensive distribution networks further amplify their reach in the region. Additionally, their proactive approach to sustainability aligns with the growing emphasis on eco-friendly products in Asia-Pacific, where environmental awareness is on the rise. This combination of technological leadership, market penetration, and a commitment to sustainability has solidified their positions as major players in the ever-expanding Asia-Pacific Market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for synthetic latex polymers was USD 30.3 billion in 2022 and is estimated to record USD 46.5 billion by the end of 2032 due to their higher usage in the formulation of adhesives and sealants to offer robust bonding capabilities and enhanced performance

Synthetic latex polymers industry size from the styrene-butadiene rubber (SBR) type segment reached USD 13.4 billion in 2022 owing to extensive utilization as a valuable material in a wide range of industries and applications

U.S. industry size for synthetic latex polymers was USD 7.1 billion in 2022 and is anticipated to expand at significant rate from 2023-2032 due to the presence of well-established manufacturing sector, particularly in construction, automotive, and consumer goods

Some of the prominent synthetic latex polymers industry players are BASF, Dow Chemical, Celanese Corporation, Wacker Chemie, Arkema, Synthomer, OMNOVA Solutions, and Trinseo