Market Overview:
The global latex antioxidants market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for latex antioxidants in adhesives, latex band, and other applications. In terms of type, the active material segment is projected to lead the global latex antioxidants market during the forecast period. This can be attributed to its properties such as high reactivity and thermal stability that make it suitable for use in various applications. In terms of region, Asia Pacific is projected to lead the global latex antioxidants market during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Latex antioxidants are a type of additive that is used to improve the quality and stability of latex products. They work by scavenging free radicals and other harmful molecules, which can cause deterioration over time. Latex antioxidants are important because they help to extend the life of latex products, making them more durable and reliable.
30 % Active Material:
30% active material is a water-soluble polymer, which contains an antioxidant group. The most common antioxidants used in the formulation of 30% active materials are vitamin E and carotenoids. Vitamin E acts as an antioxidant by neutralizing the free radicals that are produced as a byproduct of cellular respiration, while carotenoids function by absorbing light energy and turning it into heat; this makes them useful for protecting cell-based life from oxidation.
40 % Active Material:
40% Active Material is a type of oxidizing agent used in latex paints to prevent the oxidation of iron and copper which leads to their corrosion. It also delays the rusting process. The product is available in both liquid and solid forms, however, it is mostly used in its liquid form for easy application on surfaces.
The global 40% Active Material market size was valued at USD 1.05 billion in 2016.
Application Insights:
The demand for the product in adhesives was valued at USD 5.0 billion in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030, on account of the increasing use of adhesives in construction and automotive industries. In addition,latex band is likely to be the fastest growing application segment over the forecast period owing to its rising use across several end-use industries including packaging, building & construction, medical equipment & supplies among others.
In addition to this growth factor; increasing awareness regarding health hazards associated with food additives such as preservatives that contain high levels of Bisphenol A (BPA), which has been found harmful towards human health may hinder market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 4.8 % over the forecast period, owing to increasing demand for adhesives and latex band products in various applications such as medical, food packaging, and construction. In addition, rising consumer spending on healthcare is anticipated to propel product demand over the coming years.
Asia Pacific was valued at USD X billion in 2017 and is expected to register a CAGR of XX% from 2018 to 2030 due high consumption of adhesives used for household furniture manufacturing as well as medical equipment assembly lines in countries such as China.
Growth Factors:
- Increasing demand for latex antioxidants from the automotive and construction industries due to their properties such as heat and light stability, weathering resistance, and colorfastness.
- Rising awareness about the benefits of latex antioxidants among consumers, which is resulting in an increase in their demand across different applications.
- Growing research and development activities by manufacturers to develop new products with better performance characteristics than existing ones.
- The increasing use of natural rubber latex in various end-use applications owing to its superior properties over synthetic rubber latexes is propelling the growth of the global market for latex antioxidants. 5) Technological advancements that have led to the development of more efficient and effective antioxidant additives are expected to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Latex Antioxidants Market Research Report
By Type
30 % Active Material, 40 % Active Material, Others
By Application
Adhesives, Latex Band, Others
By Companies
Technical Industries,Inc., Mayzo,Inc., Rhein Chemie Gruppe, Addivant, Schill+Seilacher, OMNOVA, Technical Industries,Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Latex Antioxidants Market Report Segments:
The global Latex Antioxidants market is segmented on the basis of:
Types
30 % Active Material, 40 % Active Material, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adhesives, Latex Band, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Technical Industries,Inc.
- Mayzo,Inc.
- Rhein Chemie Gruppe
- Addivant
- Schill+Seilacher
- OMNOVA
- Technical Industries,Inc.
Highlights of The Latex Antioxidants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 30 % Active Material
- 40 % Active Material
- Others
- By Application:
- Adhesives
- Latex Band
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Latex Antioxidants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Latex antioxidants are a type of antioxidant found in natural rubber latex. Latex antioxidants help protect the rubber from damage caused by oxygen and other chemicals.
Some of the key players operating in the latex antioxidants market are Technical Industries,Inc., Mayzo,Inc., Rhein Chemie Gruppe, Addivant, Schill+Seilacher, OMNOVA, Technical Industries,Inc..
The latex antioxidants market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Latex Antioxidants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Latex Antioxidants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Latex Antioxidants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Latex Antioxidants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Latex Antioxidants Market Size & Forecast, 2018-2028
4.5.1 Latex Antioxidants Market Size and Y-o-Y Growth
4.5.2 Latex Antioxidants Market Absolute $ Opportunity
Chapter 5 Global Latex Antioxidants Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Latex Antioxidants Market Size Forecast by Type
5.2.1 30 % Active Material
5.2.2 40 % Active Material
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Latex Antioxidants Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Latex Antioxidants Market Size Forecast by Applications
6.2.1 Adhesives
6.2.2 Latex Band
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Latex Antioxidants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Latex Antioxidants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Latex Antioxidants Analysis and Forecast
9.1 Introduction
9.2 North America Latex Antioxidants Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Latex Antioxidants Market Size Forecast by Type
9.6.1 30 % Active Material
9.6.2 40 % Active Material
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Latex Antioxidants Market Size Forecast by Applications
9.10.1 Adhesives
9.10.2 Latex Band
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Latex Antioxidants Analysis and Forecast
10.1 Introduction
10.2 Europe Latex Antioxidants Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Latex Antioxidants Market Size Forecast by Type
10.6.1 30 % Active Material
10.6.2 40 % Active Material
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Latex Antioxidants Market Size Forecast by Applications
10.10.1 Adhesives
10.10.2 Latex Band
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Latex Antioxidants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Latex Antioxidants Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Latex Antioxidants Market Size Forecast by Type
11.6.1 30 % Active Material
11.6.2 40 % Active Material
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Latex Antioxidants Market Size Forecast by Applications
11.10.1 Adhesives
11.10.2 Latex Band
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Latex Antioxidants Analysis and Forecast
12.1 Introduction
12.2 Latin America Latex Antioxidants Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Latex Antioxidants Market Size Forecast by Type
12.6.1 30 % Active Material
12.6.2 40 % Active Material
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Latex Antioxidants Market Size Forecast by Applications
12.10.1 Adhesives
12.10.2 Latex Band
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Latex Antioxidants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Latex Antioxidants Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Latex Antioxidants Market Size Forecast by Type
13.6.1 30 % Active Material
13.6.2 40 % Active Material
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Latex Antioxidants Market Size Forecast by Applications
13.10.1 Adhesives
13.10.2 Latex Band
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Latex Antioxidants Market: Competitive Dashboard
14.2 Global Latex Antioxidants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Technical Industries,Inc.
14.3.2 Mayzo,Inc.
14.3.3 Rhein Chemie Gruppe
14.3.4 Addivant
14.3.5 Schill+Seilacher
14.3.6 OMNOVA
14.3.7 Technical Industries,Inc.
