The global demand for SBR Latex Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
SBR Latex is a carboxylated styrene-butadiene copolymer latex additive intended to improve bond strength and chemical resistance in cement bond coatings, mortars, and concrete. More than half of automotive tyres are constructed from styrene-butadiene rubber. When protected by additives, it also possesses good abrasion resistance and ageing stability. It is the most widely used styrene-butadiene emulsion polymer. Styrene-butadiene latex has a wide range of uses, including paper processing, fibre processing, glass fibre processing, paints and coatings, adhesives, and mortar additives. The most common services of styrene-butadiene latex are in coated paper production. Furthermore, styrene-butadiene latex is commonly used in the carpet industry for carpet backing, particularly in the production of tufted carpets.
Market Dynamics
The SBR latex market is expected to develop because of increased demand from the automotive and construction industries. The increased demand for paper is fueling the expansion of the styrene-butadiene latex market. Styrene-butadiene rubber latex is used in the coating of paper products such as periodicals, flyers, catalogues, and paperboard. Furthermore, SBR latex powder improves the smoothness, stiffness, brightness, and water resistance of paper. The primary reason driving market expansion is its rising application in numerous sectors. Furthermore, the development of the carpet sector is expected to supplement the growth of the styrene-butadiene rubber latex market. Moreover, the increase in demand for carpet and fibre goods will give further chances for the expansion of the styrene-butadiene latex market in the future years. However, concerns over rising feedstock costs are expected to stymie the growth of the SBR latex industry.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of sbr latex. The growth and trends of sbr latex industry provide a holistic approach to this study.
Market Segmentation
This section of the sbr latex market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Emulsion Sbr Latex
- Solution Sbr Latex
By Application
- Paper Processing
- Fiber & Carpet Processing
- Glass Fiber Processing
- Paints & Coatings
- Adhesives
- Mortar Additives
- Foams & Mattresses
- Other Applications
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the SBR Latex market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global SBR Latex Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sbr latex market include Synthomer, Trinseo, Dow Chemical Company, BASF SE, Mallard Creek Polymers, Ultrapave Latex Polymers, Euclid Chemical Company, U.S. Adhesive. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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