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Global Styrene Butadiene Latex Market Is Expected To Reach $8.9 Billion By 2030 - An Exclusive Market Research Report By Lucintel
Lucintel's latest study found that, The future of the global styrene butadiene latex market looks promising with opportunities in the building and construction, paper and paperboard, food and beverage, automotive, furniture, and personal care markets. The global styrene butadiene latex market is expected to reach an estimated $8.9 billion by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are rising demand for emulsion polymers, especially in paper and fiber & carpet processing industries, growing demand for paper, and increase in the development in the carpet industry worldwide.
In this market, paper processing, fiber processing, adhesive, civil engineering, glass fabric processing, packaging, mortar additives, foams, mattresses, and paint are the major segments of styrene butadiene latex market by application.
Lucintel forecasts that paper processing will remain the largest segment because of paper production, styrene-butadiene latex is frequently used to improve the binding power of a pigment, making paper smoother, stiffer, brighter, and more water-resistant.
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Styrene Butadiene Latex Market is marked by presence of several big and small players. Asahi Kasei, BASF, The Dow Chemical, General Industrial Polymers, HANSOLCHEMICAL, JSR, Kumho Petrochemical, LANXESS, Mallard Creek Polymers, and Ecosynthetix are the major suppliers in the styrene butadiene latex market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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