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Global Latex Binders Market to reach USD 9.6 billion by 2027.

Global Latex Binders Market by Type (Styrene Acrylic, Styrene Butadiene), End-use Industry (Paints & Coating, Adhesive & Sealant, Paper & Paperboard, Textile & Carpet, Construction & Fiber Bonding Materials) Regional Forecasts 2021-2027

Product Code: CMCC-98078303
Publish Date: 15-08-2021
Page: 200

Global Latex Binders Market is valued approximately at USD 6.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2021-2027. Latex emulsion binder is an acrylic liquid polymer that has been particularly developed for use in aqueous emulsions by copolymerizing. Paper, nonwovens, and textiles all utilize it as a binder. It has a low viscosity, making it easy to apply, it provides toughness, adhesion, bonding, and fracture resistance. The latex binders’ market is driven by the rising per capita usage of paints and increasing demand from technical textiles. A technical textile is a fabric that is developed for a specific purpose and has unique and distinct properties as compared to normal textiles. This textile combines modern technology with outstanding qualities such as reinforcement, mechanical resistance, elasticity, thermal & fire resistance, anti-dust, tenacity, insulation, and UV ray resistance and insulation. For instance, as per Statista, Technical textiles had a global market demand of 26.6 million tons in 2014. Based on a predicted compound annual growth rate of 3.7 percent, market demand is expected to reach 35.5 million tons in 2022. However, Volatility in raw material prices, may impede market growth over the forecast period of 2021-2027.

During the projected period, APAC is projected to be the major latex binders’ market. The region’s expanding paints and coatings, adhesives and sealants, construction and fiber bonding materials, and other manufacturing industries are the main drivers of latex binders’ growth. The causes fueling the expansion of the sectors described above include the region’s rapid economic development, higher standard of living, and rising per capita income. In addition, the market for latex binders in the region will be fueled by the growing use of environmentally friendly latex binders.

Major market player included in this report are:
Sumitomo Chemical
BASF SE
Shandong Hearst Building Material
Dairen Chemical
Puyang Yintai Industrial Trading
Bangkok Synthetics
Kumho Petrochemical
Visen Industries
Omnova Solutions
Celanese Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By type:
Styrene Acrylic
Styrene-Butadiene
Others
By End use Industry:
Paints & Coating
Adhesive & Sealant
Paper & Paperboard
Textile & Carpet
Construction & Fiber Bonding Materials
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Latex Binders Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Latex Binders Market, by region, 2019-2027 (USD Billion)
1.2.2. Latex Binders Market, by type, 2019-2027 (USD Billion)
1.2.3. Latex Binders Market, by End use industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Latex Binders Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Latex Binders Market Dynamics
3.1. Latex Binders Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rising per capita consumption of paints
3.1.1.2. Increasing demand from technical textiles
3.1.2. Market Restraint
3.1.2.1. Risks associated with spray drying during the production of powdered latex binders
3.1.2.2. Volatility in raw material prices
3.1.3. Market Opportunities
3.1.3.1. Increase in industrial and commercial construction
3.1.3.2. Increased demand for water-based acrylic latex binders in emerging markets
Chapter 4. Global Latex Binders Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Latex Binders Market, by type
5.1. Market Snapshot
5.2. Global Latex Binders Market by type, Performance – Potential Analysis
5.3. Global Latex Binders Market Estimates & Forecasts by type 2018-2027 (USD Billion)
5.4. Latex Binders Market, Sub Segment Analysis
5.4.1. Styrene Acrylic
5.4.2. Styrene-Butadiene
5.4.3. Others
Chapter 6. Global Latex Binders Market, by End use industry
6.1. Market Snapshot
6.2. Global Latex Binders Market by End Use industry, Performance – Potential Analysis
6.3. Global Latex Binders Market Estimates & Forecasts by End Use industry 2018-2027 (USD Billion)
6.4. Latex Binders Market, Sub Segment Analysis
6.4.1. Paints & Coating
6.4.2. Adhesive & Sealant
6.4.3. Paper & Paperboard
6.4.4. Textile & Carpet
6.4.5. Construction & Fiber Bonding Materials
6.4.6. Others
Chapter 7. Global Latex Binders Market, Regional Analysis
7.1. Latex Binders Market , Regional Market Snapshot
7.2. North America Latex Binders Market
7.2.1. U.S. Latex Binders Market
7.2.1.1. Type breakdown estimates & forecasts, 2018-2027
7.2.1.2. End use industry breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Latex Binders Market
7.3. Europe Latex Binders Market Snapshot
7.3.1. U.K. Latex Binders Market
7.3.2. Germany Latex Binders Market
7.3.3. France Latex Binders Market
7.3.4. Spain Latex Binders Market
7.3.5. Italy Latex Binders Market
7.3.6. Rest of Europe Latex Binders Market
7.4. Asia-Pacific Latex Binders Market Snapshot
7.4.1. China Latex Binders Market
7.4.2. India Latex Binders Market
7.4.3. Japan Latex Binders Market
7.4.4. Australia Latex Binders Market
7.4.5. South Korea Latex Binders Market
7.4.6. Rest of Asia Pacific Latex Binders Market
7.5. Latin America Latex Binders Market Snapshot
7.5.1. Brazil Latex Binders Market
7.5.2. Mexico Latex Binders Market
7.6. Rest of The World Latex Binders Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Sumitomo Chemical
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. BASF SE
8.2.3. Shandong Hearst Building Material
8.2.4. Dairen Chemical
8.2.5. Puyang Yintai Industrial Trading
8.2.6. Bangkok Synthetics
8.2.7. Kumho Petrochemical
8.2.8. Visen Industries
8.2.9. Omnova Solutions
8.2.10. Celanese Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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