Market Overview:
The global latex binders & coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for latex binders & coatings from various end-use industries, such as paints, adhesives, sealants, construction and fiber bonding materials, papermaking and others. In terms of type, the butyl segment is projected to lead the global latex binders & coatings market during the forecast period. This growth can be attributed to its properties such as high resistance against water and other chemicals and good adhesion properties. In terms of application, the paints segment is projected to lead the global latex binders & coatings market during the forecast period.
Product Definition:
Latex binders and coatings are used in a variety of applications, including as adhesives, sealants, and coatings. Latex binders and coatings are important because they provide a number of benefits including improved durability, water resistance, and chemical resistance.
Butyl:
It is a colorless, viscous liquid that has a strong odor. It is soluble in water and ethanol. Butyl (I) ether can also be called as I-butanol or 2-ethylhexanol. It is manufactured by the hydrolysis of hexane diol.
Acrylic:
Acrylic is a type of polymer, which is derived from the esterification of alkanoic acid and it's used as binders in latex paints. It has high molecular weight that allows better distribution and dispersion of pigments, fillers, and dyes. Acrylic resins are available in two forms including thermoplastic acrylic resin (TAR) and thermoset acrylic resin (TSA).
Application Insights:
Paints was the largest application segment and accounted for more than 47% of the global market share in terms of revenue in 2017. Paints are used across several industries including construction, automotive, decorative coatings, marine and others. The paints industry is driven by growing industrialization along with increasing spending on renovation activities within residential as well as commercial sectors. Increasing consumer preference for fresh paint instead of old or bare wood surfaces is also driving the demand globally.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and end-users. The region is expected to witness moderate growth over the forecast period, which can be attributed to high competition and low product demand. However, rising construction activities due to increasing population are estimated to boost market growth in North America during the forecast period.
Asia Pacific is anticipated to register significant gains over the projected time owing with rapid industrialization coupled with government initiatives for infrastructure development such as “Make in India†campaign by Indian prime minister Narendra Modi. In addition, growing awareness regarding environment protection along with stringent regulations by regulatory bodies such as Paints Directive 91/414/EEC has compelled manufacturers operating within Europe or North America comply with these regulations or face severe consequences from regulatory authorities such as FDA or EPA etc.
Growth Factors:
- Increasing demand from the packaging industry for latex binders and coatings as a result of the growth in food and beverage sector.
- Rising demand for latex binders and coatings from the construction industry due to growth in infrastructure development activities across the globe.
- Increasing use of latex binders and coatings in automobiles due to their properties such as high heat resistance, durability, etc.
- Growing demand for environmentally friendly products owing to increasing awareness about health hazards caused by conventional products
Scope Of The Report
Report Attributes
Report Details
Report Title
Latex Binders & Coatings Market Research Report
By Type
Butyl, Acrylic, SBR, Other
By Application
Paints, Adhesives, Sealants, Construction and Fiber Bonding Materials, Paper, Others
By Companies
DowDupont, Trinseo, BASF, DIC Corporation, Wacker Chemie AG, OMNOVA
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Latex Binders & Coatings Market Report Segments:
The global Latex Binders & Coatings market is segmented on the basis of:
Types
Butyl, Acrylic, SBR, Other
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
Paints, Adhesives, Sealants, Construction and Fiber Bonding Materials, Paper, 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:
- DowDupont
- Trinseo
- BASF
- DIC Corporation
- Wacker Chemie AG
- OMNOVA
Highlights of The Latex Binders & Coatings 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:
- Butyl
- Acrylic
- SBR
- Other
- By Application:
- Paints
- Adhesives
- Sealants
- Construction and Fiber Bonding Materials
- Paper
- 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 Binders & Coatings 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
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- Business Expansion Strategies
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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 binders and coatings are a type of adhesive that is used to attach paper or other materials together. They are often used in the printing and publishing industries, as well as the medical field. Latex binders can be made from natural or synthetic latex, and they come in a variety of colors and sizes.
Some of the major players in the latex binders & coatings market are DowDupont, Trinseo, BASF, DIC Corporation, Wacker Chemie AG, OMNOVA.
The latex binders & coatings 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 Binders & Coatings 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 Binders & Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Latex Binders & Coatings 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 Binders & Coatings 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 Binders & Coatings Market Size & Forecast, 2018-2028
4.5.1 Latex Binders & Coatings Market Size and Y-o-Y Growth
4.5.2 Latex Binders & Coatings Market Absolute $ Opportunity
Chapter 5 Global Latex Binders & Coatings 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 Binders & Coatings Market Size Forecast by Type
5.2.1 Butyl
5.2.2 Acrylic
5.2.3 SBR
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Latex Binders & Coatings 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 Binders & Coatings Market Size Forecast by Applications
6.2.1 Paints
6.2.2 Adhesives
6.2.3 Sealants
6.2.4 Construction and Fiber Bonding Materials
6.2.5 Paper
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Latex Binders & Coatings 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 Binders & Coatings 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 Binders & Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Latex Binders & Coatings 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 Binders & Coatings Market Size Forecast by Type
9.6.1 Butyl
9.6.2 Acrylic
9.6.3 SBR
9.6.4 Other
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 Binders & Coatings Market Size Forecast by Applications
9.10.1 Paints
9.10.2 Adhesives
9.10.3 Sealants
9.10.4 Construction and Fiber Bonding Materials
9.10.5 Paper
9.10.6 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 Binders & Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Latex Binders & Coatings 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 Binders & Coatings Market Size Forecast by Type
10.6.1 Butyl
10.6.2 Acrylic
10.6.3 SBR
10.6.4 Other
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 Binders & Coatings Market Size Forecast by Applications
10.10.1 Paints
10.10.2 Adhesives
10.10.3 Sealants
10.10.4 Construction and Fiber Bonding Materials
10.10.5 Paper
10.10.6 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 Binders & Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Latex Binders & Coatings 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 Binders & Coatings Market Size Forecast by Type
11.6.1 Butyl
11.6.2 Acrylic
11.6.3 SBR
11.6.4 Other
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 Binders & Coatings Market Size Forecast by Applications
11.10.1 Paints
11.10.2 Adhesives
11.10.3 Sealants
11.10.4 Construction and Fiber Bonding Materials
11.10.5 Paper
11.10.6 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 Binders & Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Latex Binders & Coatings 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 Binders & Coatings Market Size Forecast by Type
12.6.1 Butyl
12.6.2 Acrylic
12.6.3 SBR
12.6.4 Other
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 Binders & Coatings Market Size Forecast by Applications
12.10.1 Paints
12.10.2 Adhesives
12.10.3 Sealants
12.10.4 Construction and Fiber Bonding Materials
12.10.5 Paper
12.10.6 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 Binders & Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Latex Binders & Coatings 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 Binders & Coatings Market Size Forecast by Type
13.6.1 Butyl
13.6.2 Acrylic
13.6.3 SBR
13.6.4 Other
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 Binders & Coatings Market Size Forecast by Applications
13.10.1 Paints
13.10.2 Adhesives
13.10.3 Sealants
13.10.4 Construction and Fiber Bonding Materials
13.10.5 Paper
13.10.6 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 Binders & Coatings Market: Competitive Dashboard
14.2 Global Latex Binders & Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDupont
14.3.2 Trinseo
14.3.3 BASF
14.3.4 DIC Corporation
14.3.5 Wacker Chemie AG
14.3.6 OMNOVA
