The global latex market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of the global latex market is driven by factors such as increasing demand for natural latex in the industry and pharmaceutical applications, and increasing demand for synthetic latex in the industry application.
The global natural latex market is expected to grow at a CAGR of 2.8% during the forecast period, from 2021 to 2030. The growth of this segment can be attributed to factors such as increasing demand for natural rubber in industries such as automotive and construction, and growing demand for natural rubber in pharmaceutical applications due to its biocompatibility with human skin.
The global synthetic latex market is expected to grow at a CAGR of 4% during the forecast period, from 2021-2030. Factors driving this segment include increased use of synthetic rubber in industries such as automotive due its durability and low cost; increased use of synthetic rubber in pharmaceutical applications due its biocompatibility with human skin; and growing demand for artificial leather substitutes which are made using synthetic rubbers like nitrile butadiene styrene (NBR).
Some Of The Growth Factors Of This Market:
- Increasing population and disposable income levels are also driving the growth of this market as people have more money available for spending on goods and services such as latex products that offer better quality than synthetic materials like plastics or polyurethane foam products that are cheaper but not as durable or comfortable as latex products.
- Rising awareness about health benefits associated with natural rubber is also driving this market's growth due to its ability to provide comfort and support while being breathable and hypoallergenic compared with other materials like polyurethane foam that can cause skin irritation or allergies due to their chemical composition which may contain substances like formaldehyde, benzene, styrene, phenol, acetone or methylene chloride among others .
Industry Growth Insights published a new data on “Latex Market”. The research report is titled “Latex Market research by Types (Natural Latex, Synthetic Latex, Artificial Latex), By Applications (Industry, Pharmaceutical, Others), By Players/Companies BASF, Celanese, DIC, Dow Chemical, Styron, Synthomer, Wacker Chemie, 3M, Akzo Nobel, Alberdingk Boley, AP Resinas, Arkema, Asahi Kasei, Asian Paints, Bayer MaterialScience, Berkshire Hathaway, Chemec, Clariant, Dairen Chemical, Eastman Chemical, Eni, EOC Group, Financiera Maderera, Hansol Chemical, JSR”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Latex Market Research Report
By Type
Natural Latex, Synthetic Latex, Artificial Latex
By Application
Industry, Pharmaceutical, Others
By Companies
BASF, Celanese, DIC, Dow Chemical, Styron, Synthomer, Wacker Chemie, 3M, Akzo Nobel, Alberdingk Boley, AP Resinas, Arkema, Asahi Kasei, Asian Paints, Bayer MaterialScience, Berkshire Hathaway, Chemec, Clariant, Dairen Chemical, Eastman Chemical, Eni, EOC Group, Financiera Maderera, Hansol Chemical, JSR
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Latex Market Report Segments:
The global Latex market is segmented on the basis of:
Types
Natural Latex, Synthetic Latex, Artificial Latex
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
Industry, Pharmaceutical, 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:
- BASF
- Celanese
- DIC
- Dow Chemical
- Styron
- Synthomer
- Wacker Chemie
- 3M
- Akzo Nobel
- Alberdingk Boley
- AP Resinas
- Arkema
- Asahi Kasei
- Asian Paints
- Bayer MaterialScience
- Berkshire Hathaway
- Chemec
- Clariant
- Dairen Chemical
- Eastman Chemical
- Eni
- EOC Group
- Financiera Maderera
- Hansol Chemical
- JSR
Highlights of The Latex 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:
- Natural Latex
- Synthetic Latex
- Artificial Latex
- By Application:
- Industry
- Pharmaceutical
- 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 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.
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- Correctly Positioning New Products
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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 is a type of plastic that is made from the sap of rubber trees. It can be used to make things like gloves, balloons, and other objects.
Some of the major companies in the latex market are BASF, Celanese, DIC, Dow Chemical, Styron, Synthomer, Wacker Chemie, 3M, Akzo Nobel, Alberdingk Boley, AP Resinas, Arkema, Asahi Kasei, Asian Paints, Bayer MaterialScience, Berkshire Hathaway, Chemec, Clariant, Dairen Chemical, Eastman Chemical, Eni, EOC Group, Financiera Maderera, Hansol Chemical, JSR.
The latex market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Latex Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Latex Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Latex Market - Supply Chain
4.5. Global Latex Market Forecast
4.5.1. Latex Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Latex Market Size (000 Units) and Y-o-Y Growth
4.5.3. Latex Market Absolute $ Opportunity
5. Global Latex Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Latex Market Size and Volume Forecast by Type
5.3.1. Natural Latex
5.3.2. Synthetic Latex
5.3.3. Artificial Latex
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Latex Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Latex Market Size and Volume Forecast by Application
6.3.1. Industry
6.3.2. Pharmaceutical
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Latex Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Latex Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Latex Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Latex Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Latex Demand Share Forecast, 2019-2026
9. North America Latex Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Latex Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Latex Market Size and Volume Forecast by Application
9.4.1. Industry
9.4.2. Pharmaceutical
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Latex Market Size and Volume Forecast by Type
9.7.1. Natural Latex
9.7.2. Synthetic Latex
9.7.3. Artificial Latex
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Latex Demand Share Forecast, 2019-2026
10. Latin America Latex Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Latex Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Latex Market Size and Volume Forecast by Application
10.4.1. Industry
10.4.2. Pharmaceutical
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Latex Market Size and Volume Forecast by Type
10.7.1. Natural Latex
10.7.2. Synthetic Latex
10.7.3. Artificial Latex
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Latex Demand Share Forecast, 2019-2026
11. Europe Latex Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Latex Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Latex Market Size and Volume Forecast by Application
11.4.1. Industry
11.4.2. Pharmaceutical
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Latex Market Size and Volume Forecast by Type
11.7.1. Natural Latex
11.7.2. Synthetic Latex
11.7.3. Artificial Latex
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Latex Demand Share, 2019-2026
12. Asia Pacific Latex Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Latex Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Latex Market Size and Volume Forecast by Application
12.4.1. Industry
12.4.2. Pharmaceutical
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Latex Market Size and Volume Forecast by Type
12.7.1. Natural Latex
12.7.2. Synthetic Latex
12.7.3. Artificial Latex
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Latex Demand Share, 2019-2026
13. Middle East & Africa Latex Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Latex Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Latex Market Size and Volume Forecast by Application
13.4.1. Industry
13.4.2. Pharmaceutical
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Latex Market Size and Volume Forecast by Type
13.7.1. Natural Latex
13.7.2. Synthetic Latex
13.7.3. Artificial Latex
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Latex Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Latex Market: Market Share Analysis
14.2. Latex Distributors and Customers
14.3. Latex Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Celanese
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DIC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dow Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Styron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Synthomer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wacker Chemie
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. 3M
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Akzo Nobel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alberdingk Boley
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AP Resinas
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Arkema
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Asahi Kasei
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Asian Paints
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bayer MaterialScience
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Berkshire Hathaway
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Chemec
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Clariant
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dairen Chemical
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Eastman Chemical
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
