The report on the Synthetic Latex Polymers Market published by Stratview Research covers in depth details associated with the Synthetic Latex Polymers Market.
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The Synthetic Latex Polymers Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Synthetic Latex Polymers Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Synthetic Latex Polymers Market:
Arkema Group
ARLANXEO
Asahi Kasei
BASF
Celanese
Dow
OMNOVA Solutions
Synthomer
Trinseo
Wacker Chemie
Growth drivers and Market Value:
This report, from Stratview Research, studies the Synthetic Latex Polymers Market value and growth drivers over the trend period of 2022-27. According to the report -
Synthetic latex polymers market is likely to witness a healthy CAGR of 4.8% during the next five years. The growing demand for synthetic latex polymers is mainly due to the increasing usage of paints & coatings all over the world.
Segment Analysis:
Based on Application Type:
Based on the application type, the synthetic latex polymers market is segmented as paints & coatings, adhesives & sealants, nonwovens, carpets, paper & paperboard, and others. The paints & coatings segment leads the market owing to increase in the construction activities and requirement for synthetic latex polymers in the paints & coatings application.
Based on Region:
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing synthetic latex polymers market during the forecast period, with China, Japan, and India being the major countries offering considerable growth opportunities. The growth of the market is owing to rapid urbanization of developing countries, extensive growth of the construction industry in the region, and presence of a large number of synthetic latex polymer manufacturers in region.
Critical Questions Answered in the Report
- What are the key trends in the Synthetic Latex Polymers Market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on Synthetic Latex Polymers Market?
- What are the key strategies adopted by the major vendors to lead in the Synthetic Latex Polymers Market?
- What is the market share of the top vendors?
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