Axiom Market Research & Consulting™ added a, “Global Synthetic Latex Polymer Market Report, By Type, End User and Geography – Global Market Share, Trend Analysis And Forecast Up To 2024”. Synthetic latex was invented after Second World War and the pace of its development was spurred by the urgent search for a viable synthetic substitute for natural rubber to sustain the war machine. This further led to the advent of emulsion polymerization theories. Gradually the use of synthetic latex for glove making came into picture since 19th century in North America, which led it to be the largest consumer of synthetic latex polymers. Hence, North America accounts for more than 30% of the total market share in 2017. In addition, the increased demand for paints, coatings, and adhesives and sealants due to the global recovery of the housing market is driving the market growth. The housing market in countries such as China, Russia, Turkey, Luxemburg, Singapore, Columbia, and India are witnessing considerable growth thereby driving the demand for latex polymer based paints and coatings. The global synthetic latex polymer market is expected to grow at a CAGR between of 4.0% to 5.0% from 2019 to 2024 to reach a market size of around USD 30 Billion by 2024. Scope & Analysis of the Report Based on Geography: The global market is studied for key regions such as, North America which includes U.S., Canada and Mexico, Europe which includes Germany, France, U.K., Italy, Rest of Europe, Asia Pacific which includes China, Japan, India, South Korea, Rest of Asia pacific and Rest of the world which includes Latin America and Middle East and Africa. Ask for Sample PDF of report at http://axiommrc.com/request-forsample?report=1418 The key factor driving growth of global synthetic latex polymer market is the increase in investments in the development of commercial infrastructure in Asia Pacific and Latin America. Furthermore, the growing demand for synthetic latex polymers for manufacturing latex gloves and bio-adhesives for the ever-increasing healthcare industry in several developing economies is projected to spur market growth. On the contrary, poor performance of some major consuming applications may significantly hamper the growth of synthetic latex polymer market in the coming years. Global Synthetic Latex Polymer Market Is Led By Leading Companies:
BASF Celanese Dow Chemical Styrolution and Synthomer having strong hold on the global market. bioMerieux,
Other key manufacturers of synthetic latex polymers in the global market include
3M Akzo Nobel Alberdingk Boley AP Resinas Arkema Asahi Kasei Asian Paints Bayer MaterialScience Berkshire Hathaway Chemec Clariant Dairen Chemical Dow Corning and Eastman Chemical among others.
Inquire for further detailed information about Synthetic Latex Polymer Market Report at http://axiommrc.com/speak-to-analyst?report=1418 . Synthetic Latex Polymer Market Is Segmented On The Basis of Applications:
Paints & coatings Adhesives & sealants Paper Construction Glove dipping Carpets & nonwovens.
Key Questions Answered in Report: –
What are the Future Scope of global Synthetic Latex Polymer market up to 2024 What are the challenges to market growth? Who are the key vendors in the global Synthetic Latex Polymer market? What will the market size and the growth rate be in 2024? What are the key market trends impacting the growth of the global Synthetic Latex Polymer market? What are the key Companies the global Synthetic Latex Polymer market? What are the market opportunities and threats faced by the vendors in the global Synthetic Latex Polymer market?
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