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Global Styrene Butadiene (SB) Latex Market 2019-2023

Global Styrene Butadiene (SB) Latex Market 2019-2023

About this market

The rise in the use of SB latex in numerous end-user applications will drive the styrene-butadiene (SB) latex market growth in the forthcoming years. SB latex is used in certain adhesives applications, ranging from lamination and PSA to wood assembly, and sealants and caulks applications. It exhibits high performance, excellent adhesion, flexibility, and durability, and has low VOC content and is resistant to water and high temperatures. SB latex is added to cement and mortar for resistance to water, reducing shrinkage, good elasticity, and improving adhesion. Moreover, it is also used in the manufacture of water-based paints and coatings. Therefore, the increasing use of SB latex in the various end-user application will drive the growth of the market during the forecast period. Technavio’s analysts have predicted that the styrene butadiene (SB) latex market will register a CAGR of almost 2% by 2023.

Market Overview

Increase in demand from paper and paperboard packaging industry

One of the growth drivers of the global styrene butadiene (SB) latex market is the increase in demand from paper and paperboard packaging industry. The ban on plastic is likely to fuel the demand for non- plastic packaging, preferably paper packaging. The growing use of paper and cardboard packaging is expected to drive the demand for SB latex in the forecast period.

Butadiene and styrene supply constraints

One of the challenges in the growth of the global styrene butadiene (SB) latex market is the butadiene and styrene supply constraints. The storage of butadiene creates a supply-demand imbalance in the global SB latex market. These supply constraints will negatively impact the global SB latex market.

For the detailed list of factors that will drive and challenge the growth of the styrene-butadiene (SB) latex market during 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented with the presence of several market players. Factors such as increasing demand from paper and paper board packaging industry and rise in use of SB latex in numerous end-users' applications will provide considerable growth opportunities to global styrene butadiene (SB) latex market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Styrene Butadiene (SB) Latex Market 2019-2023

Technavio recognizes the following companies as the key players in the global styrene butadiene (SB) latex market: Asahi Kasei Corporation, BASF SE, DowDuPont, LG Chem, synthomer plc, and Trinseo.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the rising preference for bio-based latexes.”

According to the report, one of the major drivers for this market is the increase in demand from paper and paperboard packaging industry.

Further, the report states that one of the major factors hindering the growth of this market is the availability of substitute products.

Companies Mentioned

Asahi Kasei Corporation

BASF SE

DowDuPont

LG Chem

synthomer plc

Trinseo

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global petrochemicals market
      • Table Segments of global petrochemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Paper processing - Market size and forecast 2018-2023
      • Table Paper processing - Market size and forecast 2018-2023 (thousand t)
      • Table Paper processing - Year-over-year growth 2019-2023 (%)
    • Fiber and carpet processing - Market size and forecast 2018- 2023
      • Table Fiber and carpet processing - Market size and forecast 2018-2023 (thousand t)
      • Table Fiber and carpet processing - Year-over-year growth 2019-2023 (%)
    • Glass fiber processing - Market size and forecast 2018-2023
      • Table Glass fiber processing - Market size and forecast 2018-2023 (thousand t)
      • Table Glass fiber processing - Year-over-year growth 2019-2023 (%)
    • Adhesives - Market size and forecast 2018-2023
      • Table Adhesives - Market size and forecast 2018-2023 (thousand t)
      • Table Adhesives - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (thousand t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (thousand t)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (thousand t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (thousand t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (thousand t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Crude oil prices 2010-2017 ($ per barrel)
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Asahi Kasei Corporation
      • Table Asahi Kasei Corporation - Vendor overview
      • Table Asahi Kasei Corporation - Business segments
      • Table Asahi Kasei Corporation - Organizational developments
      • Table Asahi Kasei Corporation - Geographic focus
      • Table Asahi Kasei Corporation - Segment focus
      • Table Asahi Kasei Corporation - Key offerings
    • BASF SE
      • Table BASF SE - Vendor overview
      • Table BASF SE - Business segments
      • Table BASF SE - Organizational developments
      • Table BASF SE - Geographic focus
      • Table BASF SE - Segment focus
      • Table BASF SE - Key offerings
    • DowDuPont
      • Table DowDuPont - Vendor overview
      • Table DowDuPont - Business segments
      • Table DowDuPont - Organizational developments
      • Table DowDuPont - Geographic focus
      • Table DowDuPont - Segment focus
      • Table DowDuPont - Key offerings
    • LG Chem
      • Table LG Chem - Vendor overview
      • Table LG Chem - Business segments
      • Table LG Chem - Organizational developments
      • Table LG Chem - Geographic focus
      • Table LG Chem - Segment focus
      • Table LG Chem - Key offerings
    • synthomer plc
      • Table synthomer plc - Vendor overview
      • Table synthomer plc - Business segments
      • Table synthomer plc - Organizational developments
      • Table synthomer plc - Geographic focus
      • Table synthomer plc - Segment focus
      • Table synthomer plc - Key offerings
    • Trinseo
      • Table Trinseo - Vendor overview
      • Table Trinseo - Business segments
      • Table Trinseo - Organizational developments
      • Table Trinseo - Geographic focus
      • Table Trinseo - Segment focus
      • Table Trinseo - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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