The global latex polymer market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for natural latex polymer in paints and coatings, adhesives and sealants, paper and paperboard, carpets, nonwovens applications. The major factors driving the growth of this market are increasing demand for natural latex polymer in paints and coatings application due to its high durability; growing demand for synthetic latex polymer in adhesives and sealants application due to its low cost; growing demand for natural latex polymer in paper and paperboard application due to its high strength; growing demand for synthetic latex polymer in carpets application due to its low cost; growing demand for natural latex polymers in nonwovens applications due to their high strength.
The global natural rubber polymers market is expected to grow at a CAGR of 4.5% during the forecast period, reaching USD 3.2 billion by 2030 from USD 2 billion in 2018 with an estimated value of USD 1 billion from 2021-2022 onwards as per MarketsandMarkets estimates. The growth of this market is driven by increasing use of natural rubber polymers as raw material across various industries such as paints & coatings (due to their high durability), adhesives & sealants (due their low cost), paper & paperboard (due their high strength), carpets (due their low cost) and nonwovens (due their high strength).
North America accounted for the largest share followed by Europe among all regions globally with respect to consumption volume owing primarily because North America has a large number of manufacturing facilities that produce these products whereas Europe has more end-users than manufacturers which leads them towards importing these products from other regions such as Asia Pacific or Latin America where they are manufactured locally or imported cheaply from China or India respectively.
Some Of The Growth Factors Of This Market:
- Increasing use of latex polymers in medical applications such as surgical gloves is also expected to drive the growth of this market over the forecast period due to their high durability and low cost when compared with other materials used for surgical gloves such as nitrile or vinyl gloves which are more expensive but less durable than latex polymers when exposed under similar conditions like heat or cold temperatures or chemicals like alcohols or acids that can cause damage on other materials used for surgical gloves like nitrile or vinyl gloves which are more expensive but less durable than latex polymers when exposed under similar conditions like heat or cold temperatures or chemicals like alcohols or acids that can cause damage on other materials used for surgical gloves like nitrile or vinyl gloves which are more expensive but less durable than latex polymers when exposed under similar conditions like heat or cold temperatures.
Industry Growth Insights published a new data on “Latex Polymer Market”. The research report is titled “Latex Polymer Market research by Types (Natural Latex Polymer, Synthetic Latex Polymer), By Applications (Paints & Coatings, Adhesives & Sealants, Paper & Paperboard, Carpets, Nonwovens), By Players/Companies Wacker Chemie, Synthomer, BASF, Celanese, Dow, Arkema Group, ARLANXEO, Asahi Kasei, OMNOVA Solutions, Trinseo, Apcotex, Bangkok Synthetics, Goodyear Chemical, Jubilant Agri & Consumer Products, Kumho Petrochemical, LG Chem, Lion Elastomers, Lubrizol, Shanghai Baolijia, Shanxi Sanwei, Sibur, Sumitomo Chemical, The Synthetic Latex Company, Versalis, Zeon”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Latex Polymer Market Research Report
By Type
Natural Latex Polymer, Synthetic Latex Polymer
By Application
Paints & Coatings, Adhesives & Sealants, Paper & Paperboard, Carpets, Nonwovens
By Companies
Wacker Chemie, Synthomer, BASF, Celanese, Dow, Arkema Group, ARLANXEO, Asahi Kasei, OMNOVA Solutions, Trinseo, Apcotex, Bangkok Synthetics, Goodyear Chemical, Jubilant Agri & Consumer Products, Kumho Petrochemical, LG Chem, Lion Elastomers, Lubrizol, Shanghai Baolijia, Shanxi Sanwei, Sibur, Sumitomo Chemical, The Synthetic Latex Company, Versalis, Zeon
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Latex Polymer Market Report Segments:
The global Latex Polymer market is segmented on the basis of:
Types
Natural Latex Polymer, Synthetic Latex Polymer
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 & Coatings, Adhesives & Sealants, Paper & Paperboard, Carpets, Nonwovens
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:
- Wacker Chemie
- Synthomer
- BASF
- Celanese
- Dow
- Arkema Group
- ARLANXEO
- Asahi Kasei
- OMNOVA Solutions
- Trinseo
- Apcotex
- Bangkok Synthetics
- Goodyear Chemical
- Jubilant Agri & Consumer Products
- Kumho Petrochemical
- LG Chem
- Lion Elastomers
- Lubrizol
- Shanghai Baolijia
- Shanxi Sanwei
- Sibur
- Sumitomo Chemical
- The Synthetic Latex Company
- Versalis
- Zeon
Highlights of The Latex Polymer 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 Polymer
- Synthetic Latex Polymer
- By Application:
- Paints & Coatings
- Adhesives & Sealants
- Paper & Paperboard
- Carpets
- Nonwovens
- 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 Polymer 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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- Product & Brand Management
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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 polymer is a type of synthetic rubber that is made from the sap of the rubber tree. It has a high tensile strength and low tear resistance, making it ideal for applications such as medical gloves, condoms, and other protective gear.
Some of the key players operating in the latex polymer market are Wacker Chemie, Synthomer, BASF, Celanese, Dow, Arkema Group, ARLANXEO, Asahi Kasei, OMNOVA Solutions, Trinseo, Apcotex, Bangkok Synthetics, Goodyear Chemical, Jubilant Agri & Consumer Products, Kumho Petrochemical, LG Chem, Lion Elastomers, Lubrizol, Shanghai Baolijia, Shanxi Sanwei, Sibur, Sumitomo Chemical, The Synthetic Latex Company, Versalis, Zeon.
The latex polymer market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Latex Polymer 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 Polymer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Latex Polymer Market - Supply Chain
4.5. Global Latex Polymer Market Forecast
4.5.1. Latex Polymer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Latex Polymer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Latex Polymer Market Absolute $ Opportunity
5. Global Latex Polymer 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 Polymer Market Size and Volume Forecast by Type
5.3.1. Natural Latex Polymer
5.3.2. Synthetic Latex Polymer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Latex Polymer 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 Polymer Market Size and Volume Forecast by Application
6.3.1. Paints & Coatings
6.3.2. Adhesives & Sealants
6.3.3. Paper & Paperboard
6.3.4. Carpets
6.3.5. Nonwovens
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Latex Polymer 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 Polymer 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 Polymer 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 Polymer 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 Polymer Demand Share Forecast, 2019-2026
9. North America Latex Polymer 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 Polymer 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 Polymer Market Size and Volume Forecast by Application
9.4.1. Paints & Coatings
9.4.2. Adhesives & Sealants
9.4.3. Paper & Paperboard
9.4.4. Carpets
9.4.5. Nonwovens
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Latex Polymer Market Size and Volume Forecast by Type
9.7.1. Natural Latex Polymer
9.7.2. Synthetic Latex Polymer
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 Polymer Demand Share Forecast, 2019-2026
10. Latin America Latex Polymer 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 Polymer 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 Polymer Market Size and Volume Forecast by Application
10.4.1. Paints & Coatings
10.4.2. Adhesives & Sealants
10.4.3. Paper & Paperboard
10.4.4. Carpets
10.4.5. Nonwovens
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Latex Polymer Market Size and Volume Forecast by Type
10.7.1. Natural Latex Polymer
10.7.2. Synthetic Latex Polymer
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 Polymer Demand Share Forecast, 2019-2026
11. Europe Latex Polymer 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 Polymer 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 Polymer Market Size and Volume Forecast by Application
11.4.1. Paints & Coatings
11.4.2. Adhesives & Sealants
11.4.3. Paper & Paperboard
11.4.4. Carpets
11.4.5. Nonwovens
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Latex Polymer Market Size and Volume Forecast by Type
11.7.1. Natural Latex Polymer
11.7.2. Synthetic Latex Polymer
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 Polymer Demand Share, 2019-2026
12. Asia Pacific Latex Polymer 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 Polymer 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 Polymer Market Size and Volume Forecast by Application
12.4.1. Paints & Coatings
12.4.2. Adhesives & Sealants
12.4.3. Paper & Paperboard
12.4.4. Carpets
12.4.5. Nonwovens
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Latex Polymer Market Size and Volume Forecast by Type
12.7.1. Natural Latex Polymer
12.7.2. Synthetic Latex Polymer
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 Polymer Demand Share, 2019-2026
13. Middle East & Africa Latex Polymer 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 Polymer 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 Polymer Market Size and Volume Forecast by Application
13.4.1. Paints & Coatings
13.4.2. Adhesives & Sealants
13.4.3. Paper & Paperboard
13.4.4. Carpets
13.4.5. Nonwovens
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Latex Polymer Market Size and Volume Forecast by Type
13.7.1. Natural Latex Polymer
13.7.2. Synthetic Latex Polymer
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 Polymer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Latex Polymer Market: Market Share Analysis
14.2. Latex Polymer Distributors and Customers
14.3. Latex Polymer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wacker Chemie
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Synthomer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Celanese
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dow
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arkema Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ARLANXEO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Asahi Kasei
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OMNOVA Solutions
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trinseo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Apcotex
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bangkok Synthetics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Goodyear Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jubilant Agri & Consumer Products
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kumho Petrochemical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. LG Chem
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lion Elastomers
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Lubrizol
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shanghai Baolijia
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shanxi Sanwei
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
