Styrene Butadiene Latex Market Size & Share 2017 - 2024

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, & Forecast.
Report ID: GMI2199
   |
Published Date: November 2017
 | 
Report Format: PDF

Download Free PDF

Styrene Butadiene Latex Market Size

Styrene Butadiene (SB) Latex Market size was more than USD 7 billion in 2016 and will witness 3.5% CAGR during the projected timespan.
 

U.S. styrene butadiene latex market by application

Rising demand for paper and steadily growing carpet industry will play a crucial role in accelerating styrene butadiene latex market size over the forecast duration. Paper industry is a key end-user, hence technological advancements in paper industry will drive product demand over the next few years. The total paper and paperboard production was approximately 407.6 million tons in 2015 which was a significant rise from 370.5 million tons in 2009. In 2014, according to Pulp and Paper International, China was the biggest producer and consumer for paper, amounting to 1 million tons of paper production and consumption. The paper industry is poised to expand at significant rate over the forecast timespan. Asia Pacific and Latin America having huge growth potential in paper industry and similarly for the industry growth.
 

Carpet industry is an important end-user in styrene butadiene latex market. The carpet industry is likely to witness tremendous growth over the forecast timeframe. China, Japan and the U.S. are major carpet producers and account for more than 40% of total carpet production across the globe. Adhesives industry is a key user of styrene butadiene market. Asia Pacific led the global adhesives production in 2014, with production capacity of approximately 8 million tons and will subsequently propel the SB latex market size.
 

 

The only major challenge for styrene butadiene latex market is the constant fluctuation in raw material prices, which lead to instability in SB latex production. Raw materials in the industry includes butadiene, styrene, emulsifier and water. Both styrene and butadiene are downstream derivatives of crude oil. For instance, OMNOVA Solutions increased price of USD 0.12 per dry pound on SB latex for carpet and related industries due to escalation in raw material costs. This will directly affect business growth in the next few years. However, R&D initiatives by market share contributors to produce styrene butadiene latex through different methods, will positively influence product demand during the forecast timespan.
 

Styrene Butadiene Latex Market Analysis

According to butadiene content in SB latex, the market can be segmented into low, medium and high. Low butadiene content SB latex was widely used across all major application such as impregnation, pressure sensitive adhesives, bonding adhesives, mortar additive and non-woven fabrics. High butadiene content has specific applications as these have high adhesion and are soft type. These are extensively used in adhesives especially in pressure sensitive adhesion applications.
 

Paper processing was largest application of SB latex market in 2016 in terms of volume & revenue. Various types of latexes are widely used as binders in paper coating. SB latex particles bond pigment particles and adhere them to base sheets, affecting coating formulation rheology, coated paper properties and printability. The paper coating market has a huge demand from printing and packaging application. Applications of coated paper range from magazine paper to packaging of containers for food, cosmetics etc Growing demand for paper has increased production levels, especially in Asia Pacific and Latin America, which in turn, has propelled market size. The technological developments in paper industry regarding machines, equipment, materials and formulations shall directly influence the styrene butadiene latex demand over the forecast period.
 

Carpets and adhesives are two important application segments of styrene butadiene latex market which have huge market opportunities over the next few years. Carpets are made from fibers, which use styrene butadiene latex in its processing to enhance its durability and strength. Tufted carpets are popular types of carpet in the U.S. These tufted carpets are back coated with styrene butadiene latex which holds the tufts in place, which results in improved stability and reduced fraying at the edges.
 

In 2016, Asia Pacific held a major share in the global styrene butadiene latex market size, in terms revenue and volume. China was the largest producer and consumer for paper in 2016, which eventually makes it an important contributor in production of global styrene butadiene latex industry. Continuously growing demand for paper with constant technological changes in carpet industry will complement business growth. Europe followed Asia Pacific in terms of volume in global SB latex market. It shall witness moderate growth rate owing to mature paper industry.
 

Latin America is poised to witness significant growth rate in the coming years due to growing economies including Mexico, which have created huge demand for paper and paperboard materials, which has positively influenced styrene butadiene latex demand in recent times.
 

Styrene Butadiene Latex Market Share

Global styrene butadiene latex market was competitive in 2016 with two major players accounting for roughly 30% of the industry share. Key players operating in the business are :

  • Trinseo
  • BASF SE
  • Zeon
  • OMNOVA Solutions
  • Styron
  • The Dow Chemical Company

The market players have multinational presence with an extensive distribution network and years of experience in market.
 

Companies operating in styrene butadiene latex market have various kinds of business structures. This market has also witnessed different patents which have contributed and thus prominently changed the technology and approach in manufacturing process. For instance, a patent published in 2008, addresses the process for preparation of styrene butadiene copolymers using aqueous emulsion polymerization technology.
 

Industry Background

Styrene butadiene latex is a common type of styrene butadiene emulsion polymer and it is completely different from natural latex. SB latex has unconventional properties that makes it unique and different from synthetic rubber, such as high crosslink density, which gives it more toughness and strength compared to others. The product is extensively used in paper coating and back coating on textiles along with application as additive in adhesives and paints. Companies are investing in technologies to increase the product usage in unexplored industries.
 

Authors: Kiran Pulidindi, Kunal Ahuja
Styrene Butadiene Latex Market Scope
  • Styrene Butadiene Latex Market Size
  • Styrene Butadiene Latex Market Trends
  • Styrene Butadiene Latex Market Analysis
  • Styrene Butadiene Latex Market Share

Report Content

Chapter 1. Methodology and Scope

1.1.  Methodology

1.1.1.    Initial data exploration

1.1.2.    Statistical model and forecast

1.1.3.    Industry insights and validation

1.1.4.    Definitions & forecast parameters

1.1.4.1.    Definitions

1.1.4.2.    Forecast parameters

1.2.  Data sources

1.2.1.    Primary

1.2.2.    Secondary

Chapter 2. Executive Summary

2.1.  Styrene Butadiene Latex industry 360° synopsis, 2013 – 2024

2.1.1.    Business trends

2.1.2.    Application trends

2.1.3.    Regional trends

Chapter 3. Styrene Butadiene Latex Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2013 - 2024

3.3.  Industry ecosystem analysis

3.3.1.    Vendor matrix

3.3.2.    Distributor channel analysis

3.4.  Raw material analysis

3.5.  Industry impact forces

3.5.1.    Growth drivers

3.5.1.1.    Growing demand for paper in Asia Pacific

3.5.1.2.    Rapid growth in carpet industry

3.5.2.    Industry pitfalls & challenges

3.5.2.1.    Fluctuating raw material prices

3.6.  Growth potential analysis

3.7.  Porter’s analysis

3.8.  Technology Landscape

3.9.  Company market share analysis, 2016

3.9.1.    Strategy landscape

3.9.2.    Emerging business models

3.10.       Regulatory landscape

3.10.1.   U.S.

3.10.2.   Europe

3.10.3.   China

3.11.    PESTEL analysis

3.12.    Pricing analysis

3.12.1.   Regional pricing

3.12.2.   Cost structure analysis

Chapter 4.  Styrene Butadiene Latex Market, Butadiene Content By Application

4.1.  Global styrene butadiene latex market share butadiene content by application, 2016 & 2024

4.2.  Low

4.2.1.    Market estimates and forecasts of butadiene content by application, 2013 – 2024

·    Paints & coatings

·    Adhesives

·    Paper processing

·    Glass fiber processing

·    Fiber processing

·    Mortar additives

·    Others

4.2.2.    Market estimates and forecasts by region, 2013 – 2024

4.3.  Medium

4.3.1.    Market estimates and forecasts of butadiene content by application, 2013 – 2024

·    Paints & coatings

·    Adhesives

·    Paper processing

·    Glass fiber processing

·    Fiber processing

·    Mortar additives

·    Others

4.3.2.    Market estimates and forecasts by region, 2013 – 2024

4.4.  High

4.4.1.    Market estimates and forecasts of butadiene content by application, 2013 – 2024

·    Paints & coatings

·    Adhesives

·    Paper processing

·    Glass fiber processing

·    Fiber processing

·    Mortar additives

·    Others

4.4.2.    Market estimates and forecasts by region, 2013 – 2024

Chapter 5. Styrene Butadiene Latex Market, By Application

5.1.  Global styrene butadiene latex market share by application, 2016 & 2024

5.2.  Paints & coatings

5.2.1.    Market estimates and forecasts, 2013 - 2024

5.2.2.    Market estimates and forecasts by region, 2013 – 2024

5.3.  Adhesives

5.3.1.    Market estimates and forecasts, 2013 - 2024

5.3.2.    Market estimates and forecasts by region, 2013 – 2024

5.4.  Paper processing

5.4.1.    Market estimates and forecasts, 2013 - 2024

5.4.2.    Market estimates and forecasts by region, 2013 – 2024

5.5.  Glass fiber processing

5.5.1.    Market estimates and forecasts, 2013 - 2024

5.5.2.    Market estimates and forecasts by region, 2013 – 2024

5.6.  Fiber processing

5.6.1.    Market estimates and forecasts, 2013 - 2024

5.6.2.    Market estimates and forecasts by region, 2013 – 2024

5.7.  Mortar additives

5.7.1.    Market estimates and forecasts, 2013 - 2024

5.7.2.    Market estimates and forecasts by region, 2013 – 2024

5.8.  Others

5.8.1.    Market estimates and forecasts, 2013 – 2024

5.8.2.    Market estimates and forecasts by region, 2013 – 2024

Chapter 6. Styrene Butadiene Latex Market, By Region

6.1.  Global styrene butadiene latex market share by region, 2016 & 2024

6.2.  North America

6.2.1.    North America market estimates and forecast, 2013 - 2024

6.2.2.    North America market estimates and forecasts of butadiene content by application, 2013 – 2024

6.2.3.    North America market estimates and forecasts by application, 2013 – 2024

6.2.4.    U.S.

6.2.4.1.    U.S market estimates and forecast, 2013 - 2024

6.2.4.2.    U.S. market estimates and forecasts of butadiene content by application, 2013 – 2024

6.2.4.3.    U.S. market estimates and forecasts by application, 2013 – 2024

6.2.5.    Canada

6.2.5.1.    Canada market estimates and forecast, 2013 - 2024

6.2.5.2.    Canada market estimates and forecasts of butadiene content by application, 2013 – 2024

6.2.5.3.    Canada market estimates and forecasts by application, 2013 – 2024

6.3.  Europe

6.3.1.    Europe market estimates and forecast, 2013 - 2024

6.3.2.    Europe market estimates and forecasts of butadiene content by application, 2013 – 2024

6.3.3.    Europe market estimates and forecasts by application, 2013 – 2024

6.3.4.    Germany

6.3.4.1.    Germany market estimates and forecast, 2013 – 2024

6.3.4.2.    Germany market estimates and forecasts of butadiene content by application, 2013 – 2024

6.3.4.3.    Germany market estimates and forecasts by application, 2013 – 2024

6.3.5.    UK

6.3.5.1.    UK market estimates and forecast, 2013 - 2024

6.3.5.2.    UK market estimates and forecasts of butadiene content by application, 2013 – 2024

6.3.5.3.    UK market estimates and forecasts by application, 2013 – 2024

6.3.6.    France

6.3.6.1.    France market estimates and forecast, 2013 - 2024

6.3.6.2.    France market estimates and forecasts of butadiene content by application, 2013 – 2024

6.3.6.3.    France market estimates and forecasts by application, 2013 – 2024

6.3.7.    Spain

6.3.7.1.    Spain market estimates and forecast, 2013 - 2024

6.3.7.2.    Spain market estimates and forecasts of butadiene content by application, 2013 – 2024

6.3.7.3.    Spain market estimates and forecasts by application, 2013 – 2024

6.3.8.    Italy

6.3.8.1.    Italy market estimates and forecast, 2013 - 2024

6.3.8.2.    Italy market estimates and forecasts of butadiene content by application, 2013 – 2024

6.3.8.3.    Italy market estimates and forecasts by application, 2013 – 2024

6.4.  Asia Pacific

6.4.1.    Asia Pacific market estimates and forecast, 2013 - 2024

6.4.2.    Asia Pacific market estimates and forecasts of butadiene content by application, 2013 – 2024

6.4.3.    Asia Pacific market estimates and forecasts by application, 2013 – 2024

6.4.4.    China

6.4.4.1.    China market estimates and forecast, 2013 - 2024

6.4.4.2.    China market estimates and forecasts of butadiene content by application, 2013 – 2024

6.4.4.3.    China market estimates and forecasts by application, 2013 – 2024

6.4.5.    India

6.4.5.1.    India market estimates and forecast, 2013 - 2024

6.4.5.2.    India market estimates and forecasts of butadiene content by application, 2013 – 2024

6.4.5.3.    India market estimates and forecasts by application, 2013 – 2024

6.4.6.    Japan

6.4.6.1.    Japan market estimates and forecast, 2013 - 2024

6.4.6.2.    Japan market estimates and forecasts of butadiene content by application, 2013 – 2024

6.4.6.3.    Japan market estimates and forecasts by application, 2013 – 2024

6.4.7.    Australia

6.4.7.1.    Australia market estimates and forecast, 2013 - 2024

6.4.7.2.    Australia market estimates and forecasts of butadiene content by application, 2013 – 2024

6.4.7.3.    Australia market estimates and forecasts by application, 2013 – 2024

6.4.8.    Indonesia

6.4.8.1.    Indonesia market estimates and forecast, 2013 - 2024

6.4.8.2.    Indonesia market estimates and forecasts of butadiene content by application, 2013 – 2024

6.4.8.3.    Indonesia market estimates and forecasts by application, 2013 – 2024

6.4.9.    Malaysia

6.4.9.1.    Malaysia market estimates and forecast, 2013 - 2024

6.4.9.2.    Malaysia market estimates and forecasts of butadiene content by application, 2013 – 2024

6.4.9.3.    Malaysia market estimates and forecasts by application, 2013 – 2024

6.5.  Latin America (LATAM)

6.5.1.    LATAM market estimates and forecast, 2013 - 2024

6.5.2.    LATAM market estimates and forecasts of butadiene content by application, 2013 – 2024

6.5.3.    LATAM market estimates and forecasts by application, 2013 – 2024

6.5.4.    Brazil

6.5.4.1.      Brazil market estimates and forecast, 2013 - 2024

6.5.4.2.      Brazil market estimates and forecasts of butadiene content by application, 2013 – 2024

6.5.4.3.      Brazil market estimates and forecasts by application, 2013 – 2024

6.5.5.    Mexico

6.5.5.1.      Mexico market estimates and forecast, 2013 - 2024

6.5.5.2.      Mexico market estimates and forecasts of butadiene content by application, 2013 – 2024

6.5.5.3.      Mexico market estimates and forecasts by application, 2013 – 2024

6.6.  Middle East & Africa (MEA)

6.6.1.    MEA market estimates and forecast, 2013 - 2024

6.6.2.    MEA market estimates and forecasts of butadiene content by application, 2013 – 2024

6.6.3.    MEA market estimates and forecasts by application, 2013 – 2024

6.6.4.    South Africa

6.6.4.1.      South Africa market estimates and forecast, 2013 - 2024

6.6.4.2.      South Africa market estimates and forecasts of butadiene content by application, 2013 – 2024

6.6.4.3.      South Africa market estimates and forecasts by application, 2013 – 2024

6.6.5.    GCC

6.6.5.1.      GCC market estimates and forecast, 2013 - 2024

6.6.5.2.      GCC market estimates and forecasts of butadiene content by application, 2013 – 2024

6.6.5.3.      GCC market estimates and forecasts by application, 2013 – 2024

Chapter 7. Company Profiles

7.1.  BASF SE

7.1.1.    Business overview

7.1.2.    Financial data

7.1.3.    Product landscape

7.1.4.    SWOT analysis

7.1.5.    Strategic outlook

7.2.  The Dow Chemical Company

7.2.1.    Business overview

7.2.2.    Financial data

7.2.3.    Product landscape

7.2.4.    SWOT analysis

7.2.5.    Strategic outlook

7.3.  Zeon

7.3.1.    Business overview

7.3.2.    Financial data

7.3.3.    Product landscape

7.3.4.    SWOT analysis

7.3.5.    Strategic outlook

7.4.  Styron Europe GmbH

7.4.1.    Business overview

7.4.2.    Financial data

7.4.3.    Product landscape

7.4.4.    SWOT analysis

7.4.5.    Strategic outlook

7.5.  Mallard Creek Polymers

7.5.1.    Business overview

7.5.2.    Financial data

7.5.3.    Product landscape

7.5.4.    SWOT analysis

7.5.5.    Strategic outlook

7.6.  Asahi Kasei Chemicals Corp.

7.6.1.    Business overview

7.6.2.    Financial data

7.6.3.    Product landscape

7.6.4.    SWOT analysis

7.6.5.    Strategic outlook

7.7.  Synthetic Latex Company (Pty) Ltd.

7.7.1.    Business overview

7.7.2.    Financial data

7.7.3.    Product landscape

7.7.4.    SWOT analysis

7.7.5.    Strategic outlook

7.8.  OMNOVA Solutions

7.8.1.    Business overview

7.8.2.    Financial data

7.8.3.    Product landscape

7.8.4.    SWOT analysis

7.8.5.    Strategic outlook

7.9.  LG Chem Ltd

7.9.1.    Business overview

7.9.2.    Financial data

7.9.3.    Product landscape

7.9.4.    SWOT analysis

7.9.5.    Strategic outlook

7.10.       Synthomer Plc

7.10.1.   Business overview

7.10.2.   Financial data

7.10.3.   Product landscape

7.10.4.   SWOT analysis

7.10.5.   Strategic outlook

7.11.       Trinseo

7.11.1.   Business overview

7.11.2.   Financial data

7.11.3.   Product landscape

7.11.4.   SWOT analysis

7.11.5.   Strategic outlook

 

 

Authors: Kiran Pulidindi, Kunal Ahuja

For inquiries regarding discounts, bulk purchases, or customization requests, please contact us at [email protected]

Explore Our Licensing Options:
Premium Report Details

Base Year: 2016

Companies covered: 11

Tables & Figures: 158

Countries covered: 17

Pages: 142

Download Free PDF

img

Styrene Butadiene (SB) Latex Market

Get a free sample of this report
country Flag
+1
img
Get a free sample of this report Styrene Butadiene (SB) Latex Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Your personal details will remain secure and confidential.

Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!