March 5, 2024

Styrene Butadiene Latex Market Size to Garner USD 16.66 Billion by 2032

The global Styrene butadiene latex market size was estimated to be around US$ 11.60  billion in 2023. It is projected to reach US$ 16.66 billion by 2032, indicating a CAGR of 4.10% from 2023 to 2032.

Styrene Butadiene Latex Market Size 2023 To 2032

Key Takeaways

  • Europe contributed more than 35% of revenue share in 2022.
  • North America is estimated to expand the fastest CAGR between 2023 and 2032.
  • By type, the emulsion styrene butadiene latex segment has held the largest market share of 72% in 2022.
  • By type, the solution styrene butadiene latex segment is anticipated to grow at a remarkable CAGR of 5.9% between 2023 and 2032.
  • By application, the paper processing segment generated over 28% of revenue share in 2022.
  • By application, the mortar additives segment is expected to expand at the fastest CAGR over the projected period.
  • By butadiene content, the low segment generated over 38% of revenue share in 2022.
  • By butadiene content, the high segment is expected to expand at the fastest CAGR over the projected period.

The market research report on the Styrene butadiene latex market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Styrene butadiene latex products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Styrene Butadiene Latex Market Scope

Report Coverage Details
Market Size in 2023 USD 11.30 Billion
Market Size by 2032 USD 16.66 Billion
Growth Rate from 2023 to 2032 CAGR of 4.10%
Largest Market Europe
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Type, By Application, and By Butadiene Content
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Home Spirometer Market Size to Garner USD 1.62 Billion by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Styrene butadiene latex market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Styrene butadiene latex market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Styrene butadiene latex products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Styrene butadiene latex market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Styrene butadiene latex market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Styrene butadiene latex market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Styrene Butadiene Latex Market Players

  • BASF SE
  • Styron LLC (Trinseo)
  • Dow Chemical Company
  • Synthomer plc
  • LANXESS AG
  • Omnova Solutions Inc.
  • LG Chem Ltd.
  • JSR Corporation
  • Wacker Chemie AG
  • Sibur International GmbH
  • Zeon Corporation
  • Kumho Petrochemical Co., Ltd.
  • Eastman Chemical Company
  • Arkema S.A.
  • Daelim Industrial Co., Ltd.

Segments Covered in the Report

By Type

  • Emulsion Styrene Butadiene Latex
  • Solution Styrene Butadiene Latex

By Application

  • Paper Processing
  • Fiber and Carpet Processing
  • Glass Fiber Processing
  • Paints and Coatings
  • Adhesives
  • Mortar Additives
  • Foams and Mattresses
  • Others

By Butadiene Content

  • Low
  • Medium
  • High

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Styrene Butadiene Latex Market 

5.1. COVID-19 Landscape: Styrene Butadiene Latex Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Styrene Butadiene Latex Market, By Type

8.1. Styrene Butadiene Latex Market Revenue and Volume, by Type, 2023-2032

8.1.1 Emulsion Styrene Butadiene Latex

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Solution Styrene Butadiene Latex

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Styrene Butadiene Latex Market, By Application

9.1. Styrene Butadiene Latex Market Revenue and Volume, by Application, 2023-2032

9.1.1. Paper Processing

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Fiber and Carpet Processing

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Glass Fiber Processing

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Paints and Coatings

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

9.1.5. Adhesives

9.1.5.1. Market Revenue and Volume Forecast (2020-2032)

9.1.6. Mortar Additives

9.1.6.1. Market Revenue and Volume Forecast (2020-2032)

9.1.7. Foams and Mattresses

9.1.7.1. Market Revenue and Volume Forecast (2020-2032)

9.1.8. Others

9.1.8.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Styrene Butadiene Latex Market, By Butadiene Content 

10.1. Styrene Butadiene Latex Market Revenue and Volume, by Butadiene Content, 2023-2032

10.1.1. Low

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Medium

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. High

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Styrene Butadiene Latex Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Butadiene Content (2020-2032)

Chapter 12. Company Profiles

12.1. BASF SE

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Styron LLC (Trinseo)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Dow Chemical Company

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Synthomer plc

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. LANXESS AG

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Omnova Solutions Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. LG Chem Ltd.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. JSR Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Wacker Chemie AG

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Sibur International GmbH

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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