Styrene Butadiene Latex Market Expected to Reach US$ 9,120.3 Mn in 2023

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Research
Styrene Butadiene Latex Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023
Published Date
11-June-2015
137 Page Report
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Press Release
Paper Processing and Fiber Processing Applications to
Cumulatively Account for 72.2% of the Global Styrene
Butadiene Latex Market by 2023 : TMR
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Styrene Butadiene Latex Market
REPORT DESCRIPTION
Styrene Butadiene Latex Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023
Transparency Market Research has published a new report titled “Styrene Butadiene Latex Market by
Applications (Paper Processing, Fiber Processing, Glass Fiber Processing, Paints & Coatings,
Adhesives, and Mortar Additives): Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2015 – 2023.” According to the report, the global styrene butadiene latex market was valued at US$ 6,809.5
Mn in 2014 and is likely to reach US$ 9,120.3 Mn in 2023, expanding at a CAGR of 3.3% between 2015 and
2023.
Browse the full report at : http://www.transparencymarketresearch.com/styrene-butadiene-latexmarket.html
Styrene butadiene latex is a downstream derivative of crude oil, containing styrene and butadiene. The
composition of styrene butadiene latex varies depending on the proportion of styrene and butadiene content.
The higher content of styrene enables styrene butadiene latex`s plasticity. Styrene butadiene latex is used in
applications such as fiber processing, paper processing, glass fiber processing, adhesives, paints & coatings,
and mortar additives. Styrene butadiene latex is also used as binder and for surface treatment in glass fiber
processing applications. Furthermore, styrene butadiene latex is used in emulsion polymer for paints &
coatings applications. The inclusion of styrene butadiene latex in paints & coating provides a classy look to
walls, wood, etc. Paper processing application holds the major share of the market followed by fiber
processing.
Market dynamics of styrene butadiene latex are highly region-oriented and exhibit distinct trends in different
regions. In terms of demand, Asia Pacific accounted for major share of the global styrene butadiene latex
market in 2014. Currently, China dominates the styrene butadiene latex market in Asia Pacific. In terms of
volume, Asia Pacific held more than 40% share of the global styrene butadiene latex market in 2014. Europe
followed Asia Pacific, while North America constituted the third largest share of the global styrene butadiene
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Styrene Butadiene Latex Market
latex market in 2014. Both Europe and North America are likely to experience sluggish growth during the
forecast period owing to the declining demand for coated paper in these regions.
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This, in turn, is estimated to hamper the styrene butadiene latex market. Despite the slowdown of the coated
paper industry, the carpet industry is expected to grow and drive demand for styrene butadiene latex in North
America. Various large companies operating in the coated paper market in North America were compelled to
shut down their plants due to decreasing demand for coated paper. Economic instability coupled with declining
demand for coated paper in Europe is expected to negatively affect the styrene butadiene latex market in the
region. Germany and Finland are the largest producers of coated paper in Europe. The demand for styrene
butadiene latex in Latin America and Middle East & Africa is likely to rise during the forecast period. In Latin
America and Middle East & Africa, the usage of carpets for both residential and commercial purposes has
increased over the last few years. This, in turn, is expected to boost the demand for styrene butadiene latex
over the forecast period. Some major players of styrene butadiene latex are strengthening their production
capacity to tap the potential demand that would arise due to growth of coated paper in the Asia Pacific market.
Major companies operating in the market include Dow Chemical Company, Synthomer Plc, BASF S.E., Trinseo
S.A., and LG Chem Ltd.
The global styrene butadiene latex report comprises the following segments:
Styrene Butadiene Latex Market - Application Analysis

Paper Processing

Fiber Processing

Glass Fiber Processing

Paints & Coatings

Adhesives
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Styrene Butadiene Latex Market

Mortar Additives

Others
Styrene Butadiene Latex - Regional Analysis

North America
◦ US
◦ Rest of North America

Europe
◦ Germany
◦ UK
◦ France
◦ Spain
◦ Italy
◦ Finland
◦ Rest of Europe

Asia Pacific
◦ China
◦ Japan
◦ ASEAN
◦ Rest of APAC

Latin America
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Styrene Butadiene Latex Market
◦ Brazil
◦ Rest of LATAM

Middle East and Africa
◦
GCC Countries
◦
South Africa
◦
Rest of MEA
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
1.2.1 Global Styrene Butadiene Latex Market, Segmentation by Applications and Regions
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
1.4.1 Abbreviations
Chapter 2 Executive Summary
2.1 Global Styrene Butadiene Latex Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
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Chapter 3 Styrene Butadiene Latex Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Growth in Carpet Industry Anticipated to Drive Styrene Butadiene Latex Market
3.3.2 Growing Demand for Paper Coating Market in Asia Pacific Region Expected to Drive Styrene
Butadiene Latex Market
3.4 Restraints
3.4.1 Declining Demand for Coated Paper In North America and Europe Reduces Market Profitability
3.4.2 Volatile Prices of Raw Materials are Expected to Act as a Restraint for Styrene Butadiene Latex
3.5 Opportunity
3.5.1 Growing Consumption of Cement in Construction Industry Across the World is Projected to Act as an
Opportunity for Styrene Butadiene Latex
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Global Styrene Butadiene Latex Market - Attractiveness Analysis
3.7.1 Global Styrene Butadiene Latex Market - Attractiveness Analysis, 2014
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3.8 Global Styrene Butadiene Latex Market - Company Market Share Analysis
3.8.1 Global Styrene Butadiene Latex Market: Company Market Share Analysis, 2014 (%)
Chapter 4 Styrene Butadiene Latex Market – Raw Material & Price Analysis
4.1 Raw Material Analysis: Manufacturing Process
4.2 Raw Material Price Trends
4.3 Styrene Butadiene Latex Price Trends
Chapter 5 Styrene Butadiene Latex Market – Application Analysis
5.1 Styrene Butadiene Latex Market: Application Overview
5.1.1 Global Styrene Butadiene Latex Market Volume Share, by Application, 2014 & 2023
5.2 Paper Processing
5.2.1 Global Demand for Styrene Butadiene Latex in Paper Processing, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.3 Fiber Processing
5.3.1 Global Demand for Styrene Butadiene Latex in Fiber Processing, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.4 Glass Fiber Processing
5.4.1 Global Demand for Styrene Butadiene Latex in Glass Fiber Processing, 2014 - 2023 (Kilo Tons) (US$
Mn)
5.5 Paints & Coatings
5.5.1 Global Demand for Styrene Butadiene Latex in Paints & Coatings, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.6 Adhesives
5.6.1 Global Demand for Styrene Butadiene Latex in Adhesives, 2014 - 2023 (Kilo Tons) (US$ Mn)
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Styrene Butadiene Latex Market
5.7 Mortar Additives
5.7.1 Global Demand for Styrene Butadiene Latex in Mortar Additives, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.8 Others
5.8.1 Global Demand for Styrene Butadiene Latex in Other Applications, 2014 - 2023 (Kilo Tons) (US$ Mn)
Chapter 6 Styrene Butadiene Latex Market - Regional Analysis
6.1 Global Styrene Butadiene Latex Market: Regional Overview
6.1.1 Global Styrene Butadiene Latex Market Volume Share, by Region, 2014 & 2023
6.2 North America
6.2.1 North America Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.2.2 North America Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.2.3 U.S.
6.2.3.1 U.S. Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.2.3.2 U.S. Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.2.4 Rest of North America
6.2.4.1 Rest of North America Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023
(Kilo Tons)
6.2.4.2 Rest of North America Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023
(US$ Mn)
6.3 Europe
6.3.1 Europe Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.3.2 Europe Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
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6.3.3 Germany
6.3.3.1 Germany Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.3.3.2 Germany Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.3.4 U.K.
6.3.4.1 U.K. Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.3.4.2 U.K. Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.3.5 France
6.3.5.1 France Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.3.5.2 France Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.3.6 Spain
6.3.6.1 Spain Styrene Butadiene Latex Market, Volume by Application, 2014 - 2023 (Kilo Tons)
6.3.6.2 Spain Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.3.7 Italy
6.3.7.1 Italy Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.3.7.2 Italy Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.3.8 Finland
6.3.8.1 Finland Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.3.8.2 Finland Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.3.9 Rest of Europe
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6.3.9.1 Rest of Europe Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo
Tons)
6.3.9.2 Rest of Europe Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$
Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.4.2 Asia Pacific Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.4.3 China
6.4.3.1 China Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.4.3.2 China Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.4.4 Japan
6.4.4.1 Japan Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.4.4.2 Japan Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.4.5 ASEAN
6.4.5.1 ASEAN Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.4.5.2 ASEAN Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.4.6 Rest of Asia Pacific
6.4.6.1 Rest of Asia Pacific Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo
Tons)
6.4.6.2 Rest of Asia Pacific Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023
(US$ Mn)
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6.5 MEA
6.5.1 MEA Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.5.2 MEA Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.5.3 GCC
6.5.3.1 GCC Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.5.3.2 GCC Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.5.4 South Africa
6.5.4.1 South Africa Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.5.4.2 South Africa Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.5.5 Rest of MEA
6.5.5.1 Rest of MEA Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.5.5.2 Rest of MEA Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.6 Latin America
6.6.1 Latin America Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.6.2 Latin America Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.6.3 Brazil
6.6.3.1 Brazil Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.6.3.2 Brazil Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.6.4 Rest of Latin America
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Styrene Butadiene Latex Market
6.6.4.1 Rest of Latin America Styrene Butadiene Latex Market Volume, by Application, 2014 - 2023
(Kilo Tons)
6.6.4.2 Rest of Latin America Styrene Butadiene Latex Market Revenue, by Application, 2014 - 2023
(US$ Mn)
Chapter 7 Company Profiles
7.1 Styron LLC (Trinseo S.A.)
7.2 Asahi Kasei Chemicals Corporation
7.3 Synthomer Plc
7.4 LG Chem Ltd.
7.5 BASF SE
7.6 Dow Chemical Company
7.7 OMNOVA Solutions Inc.
7.8 Synthetic Latex Company (Pty) Ltd
7.9 Zeon Corporation
7.10 NANTEX Industry Co., Ltd
Chapter 8 Primary Findings
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Styrene Butadiene Latex Market
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Global styrene butadiene latex market was valued at US$ 6.81 Bn in 2014 and is likely to reach US$ 9.12 Bn in 2023, expanding at a CAGR of 3.3% between 2015 and 2023