Styrene-butadiene latex (SB) market, 52% of growth expected to come from APAC, Technavio

NEW YORK, December 15, 2024 /PRNewswire/ – The Global Styrene-butadiene latex (SB) market. It is estimated that the size will grow by $1.50 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 3.68% during the forecast period.

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Regional outlook

1. North America
2. Europe
3. Asia
4. Rest of the world

1. APAC – APAC contributes an estimated 52%. To the growth of the world market. The Styrene-Butadiene Latex (SB) market report forecasts market growth by revenue at global, regional and country levels from 2017 to 2027.

The styrene butadiene latex (SB) market in Asia Pacific is experiencing significant growth due to the thriving construction, pulp and paper, paint and coatings, and packaging industries. The main consumers of SB latex in the region include: China, Japan, IndiaAnd South Korea. The expanding wood and furniture industries as well as the packaging industry are contributing significantly to the increasing demand for self-service latex-based adhesives and sealants. The continued growth of these industries is driving market expansion in the region. Additionally, increasing demand for adhesives and sealants from various industries such as construction, furniture, and footwear is expected to further boost market growth throughout the forecast period.

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Segmentation overview

1. type

• 1.1 Low
• 1.2 Means
• 1.3 High

Application

• 2.1 Paper processing
• 2.2 Fiber and carpet processing
• 2.3 Fiberglass glue
• 2.4 Adhesives
• 2.5 Miscellaneous

geography

• 3.1 APAC
• 3.2 Europe
• 3.3 North America
• 3.4 Middle East And Africa
• 3.5 South America

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1.1 Fastest Growing Segment:

Styrene-butadiene latex (SB) is a hydrocarbon compound widely used in various industries for adhesive and coating applications. Low butadiene SB latex is gaining popularity due to its environmental benefits. It helps reduce volatile organic compound (VOC) emissions, contributing to a smaller carbon footprint. In certain applications, this type of SB latex offers improved mechanical properties, such as: B. improved tensile strength and abrasion resistance, making it suitable for industries where durability is critical. Increasing demand for eco-friendly and high-performance products is driving the growth of the global self-service latex market. In particular, low butadiene SB latex is preferred due to its superior chemical and UV resistance, resulting in more durable coatings and adhesives. This trend is expected to continue over the forecast period.

Research analysis

The styrene-butadiene latex (SB) market refers to the global trade of styrene-butadiene latex, a type of elastomer dispersion. This market includes various applications including paper converting, mortar additives, adhesives, coatings, sealants and paper coatings. SB latex is produced by the polymerization reaction of butadiene and styrene monomers with the help of emulsifiers. In the paper processing sector, SB latex is used for coating and sizing paper. In the area of ​​mortar additives, it improves the plasticity and workability of mortar. In the adhesive industry it is used in the production of pressure-sensitive adhesives. In the coating sector, SB latex is used in paints and coatings to improve their elasticity and durability. The carpet industry also uses SB latex as a binder in the production of carpet backing. In the sealant sector, high-performance sealants with excellent adhesion and flexibility are produced. The sealants are used in construction, the automotive industry and other industries. SB latex is also used in the impregnation of fiber materials, for example in fiberglass processing, to improve their strength and durability. The raw materials for SB latex production include butadiene and styrene, which are obtained from refineries and petrochemical plants. The production process requires cooling equipment to maintain temperature during the polymerization reaction.

Market overview

Styrene-butadiene latex (SB) is a versatile elastomeric material derived from the polymerization of styrene and butadiene monomers. It is widely used in various industries due to its excellent properties such as print quality, water resistance, film forming properties and adhesion. In the paper processing sector, SB latex is used as a binder for coated paper and as an impregnation to improve stability and reduce fraying. In the construction industry, it is used as a mortar additive to improve composite adhesion, compressive strength and tensile strength. SB Latex finds extensive applications in adhesives, coatings, sealants, paper coatings and packaging materials. It is used in the automotive industry to produce lightweight automotive materials and in the renewable energy sector to produce environmentally friendly and sustainable latex-based products. The textile, furniture and e-commerce industries also use SB Latex to produce durable and resilient products. SB latex is made through a polymerization reaction of styrene, butadiene and an emulsifier. The resulting styrene-butadiene copolymers exhibit excellent properties such as water resistance, abrasion resistance and adhesion. There are also SB latex alternatives available on the market that offer similar benefits but have a different chemical composition. In the paper industry, SB latex is used to produce high quality coated paper, while in the carpet industry it is used to back coat tufted carpets to improve their stability and durability. The adhesive industry uses SB latex to produce pressure sensitive adhesives and adhesive adhesives. In the fiber processing industry, SB latex is used for glass fiber processing and the production of nonwovens. SB latex is also used in the production of acrylic, vinyl and polyurethane coatings and offers improved properties such as print quality, water resistance and durability. In the automotive industry, SB latex is used to produce lightweight automotive materials, while in the construction industry it is used to produce environmentally friendly building materials. The properties of SB Latex make it an ideal choice for various applications including residential complexes, commercial spaces and architectural projects. Architects and developers use SB latex-based products because of their excellent adhesive properties, durability and resistance to environmental influences. In the production of SB latex, cooling devices are used to maintain the temperature during the polymerization reaction. The resulting latex is a viscoelastic material with plasticity that is easy to handle and apply. Monomers used in the production of SB latex include styrene, butadiene and carboxylic acid. The polymerization reaction results in the formation of styrene-butadiene copolymers, which have excellent properties such as adhesion, abrasion resistance and water resistance. In summary, styrene butadiene latex is a versatile material with a wide range of applications in various industries including paper processing, construction, automotive, textile, furniture, e-commerce, renewable energy and adhesives. Its excellent properties such as print quality, water resistance, film forming properties and adhesion make it an ideal choice for various applications. The production of SB latex involves the use of refrigeration equipment and the polymerization reaction of styrene, butadiene and carboxylic acid to form styrene-butadiene copolymers.

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Main topics covered:

1 Summary
2 Market landscape
3 market size
4 Historical market size
5 Five Forces Analysis
6 Market Segmentation
7 customer landscape
8 Geographic landscape
9 drivers, challenges and trends
10 Venodr landscape
11 Vendor analysis
11.1 Rockwood Lithium
11.2 AkzoNobel
11.3 Chemtura
11.4 Bridgestone
11.5 MICHELIN
11.6 China Petroleum & Chemical
11.7 Reliance Industries Limited
11.8 Zeon Corporation
11.9 Goodyear Rubber Company.
12 Appendix

About Technavio

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SOURCE Technavio