Latex binders are primarily additives used in various end use industries to enhance mechanical and physical properties of products. Some of the major raw materials used in the manufacture of latex binders include styrene and petroleum compounds. Latex binders are increasingly being used in end use industries including adhesives, coatings, paints, and construction.
MARKET DYNAMICS
The growth in the construction industry is expected to be a major factor driving the growth of the latex binders market. Development of infrastructure is expected to drive the demand for products including paints, adhesives, and coatings. Further, the growing adoption of technical textiles in the automotive industry is expected to drive the demand for latex binders globally, as they are used to impart the required properties in the textiles. Such factors are expected to drive the demand for the latex binders market, globally.
MARKET SCOPE
The "Global Latex Binders Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the latex binders market with detailed market segmentation based on product and end use industry. The global latex binders market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading latex binders market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global latex binders market is segmented into product and end use industry. By product the latex binders market is segmented into material and application. By material, the latex binders market is classified into cotton, denim, jute, leather, and others. By application, the latex binders market is classified into product packaging, backpack, gifting, storage, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global latex binders market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The latex binders market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the latex binders market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the latex binders in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global latex binders market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The latex binders market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the latex binders market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the latex binders in these regions.
MARKET PLAYERS
The report covers vital developments in the latex binders as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the luxury lipsticks are anticipated to witness lucrative growth opportunities in the future with the rising demand for luxury lipsticks in the global market. Below mentioned is the list of few companies engaged in the latex binders market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the latex binders market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
BASF SE
Trinseo
Wacker Chemie AG
Arkema S.A.
Celanese Corporation
DIC Corporation
Puyang Yintai Industrial Trading Company Ltd.
Lubrizol Corporation
Bosson Union Tech(Beijing) Co.,Ltd
Synthomer plc
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Latex Binders Market - By Type
1.3.2 Latex Binders Market - By End Use Industry
1.3.3 Latex Binders Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LATEX BINDERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. LATEX BINDERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LATEX BINDERS MARKET - GLOBAL MARKET ANALYSIS
6.1. LATEX BINDERS - GLOBAL MARKET OVERVIEW
6.2. LATEX BINDERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. LATEX BINDERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STYRENE ACRYLIC
7.3.1. Overview
7.3.2. Styrene Acrylic Market Forecast and Analysis
7.4. STYRENE BUTADIENE
7.4.1. Overview
7.4.2. Styrene Butadiene Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. LATEX BINDERS MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. ADHESIVES AND SEALANTS
8.3.1. Overview
8.3.2. Adhesives and Sealants Market Forecast and Analysis
8.4. PAINTS AND COATINGS
8.4.1. Overview
8.4.2. Paints and Coatings Market Forecast and Analysis
8.5. PAPER AND PAPERBOARD
8.5.1. Overview
8.5.2. Paper and Paperboard Market Forecast and Analysis
8.6. CONSTRUCTION
8.6.1. Overview
8.6.2. Construction Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. LATEX BINDERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Latex Binders Market Overview
9.1.2 North America Latex Binders Market Forecasts and Analysis
9.1.3 North America Latex Binders Market Forecasts and Analysis - By Type
9.1.4 North America Latex Binders Market Forecasts and Analysis - By End Use Industry
9.1.5 North America Latex Binders Market Forecasts and Analysis - By Countries
9.1.5.1 United States Latex Binders Market
9.1.5.1.1 United States Latex Binders Market by Type
9.1.5.1.2 United States Latex Binders Market by End Use Industry
9.1.5.2 Canada Latex Binders Market
9.1.5.2.1 Canada Latex Binders Market by Type
9.1.5.2.2 Canada Latex Binders Market by End Use Industry
9.1.5.3 Mexico Latex Binders Market
9.1.5.3.1 Mexico Latex Binders Market by Type
9.1.5.3.2 Mexico Latex Binders Market by End Use Industry
9.2. EUROPE
9.2.1 Europe Latex Binders Market Overview
9.2.2 Europe Latex Binders Market Forecasts and Analysis
9.2.3 Europe Latex Binders Market Forecasts and Analysis - By Type
9.2.4 Europe Latex Binders Market Forecasts and Analysis - By End Use Industry
9.2.5 Europe Latex Binders Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Latex Binders Market
9.2.5.1.1 Germany Latex Binders Market by Type
9.2.5.1.2 Germany Latex Binders Market by End Use Industry
9.2.5.2 France Latex Binders Market
9.2.5.2.1 France Latex Binders Market by Type
9.2.5.2.2 France Latex Binders Market by End Use Industry
9.2.5.3 Italy Latex Binders Market
9.2.5.3.1 Italy Latex Binders Market by Type
9.2.5.3.2 Italy Latex Binders Market by End Use Industry
9.2.5.4 Spain Latex Binders Market
9.2.5.4.1 Spain Latex Binders Market by Type
9.2.5.4.2 Spain Latex Binders Market by End Use Industry
9.2.5.5 United Kingdom Latex Binders Market
9.2.5.5.1 United Kingdom Latex Binders Market by Type
9.2.5.5.2 United Kingdom Latex Binders Market by End Use Industry
9.2.5.6 Russia Latex Binders Market
9.2.5.6.1 Russia Latex Binders Market by Type
9.2.5.6.2 Russia Latex Binders Market by End Use Industry
9.2.5.7 Rest of Europe Latex Binders Market
9.2.5.7.1 Rest of Europe Latex Binders Market by Type
9.2.5.7.2 Rest of Europe Latex Binders Market by End Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Latex Binders Market Overview
9.3.2 Asia-Pacific Latex Binders Market Forecasts and Analysis
9.3.3 Asia-Pacific Latex Binders Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Latex Binders Market Forecasts and Analysis - By End Use Industry
9.3.5 Asia-Pacific Latex Binders Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Latex Binders Market
9.3.5.1.1 Australia Latex Binders Market by Type
9.3.5.1.2 Australia Latex Binders Market by End Use Industry
9.3.5.2 China Latex Binders Market
9.3.5.2.1 China Latex Binders Market by Type
9.3.5.2.2 China Latex Binders Market by End Use Industry
9.3.5.3 India Latex Binders Market
9.3.5.3.1 India Latex Binders Market by Type
9.3.5.3.2 India Latex Binders Market by End Use Industry
9.3.5.4 Japan Latex Binders Market
9.3.5.4.1 Japan Latex Binders Market by Type
9.3.5.4.2 Japan Latex Binders Market by End Use Industry
9.3.5.5 South Korea Latex Binders Market
9.3.5.5.1 South Korea Latex Binders Market by Type
9.3.5.5.2 South Korea Latex Binders Market by End Use Industry
9.3.5.6 Rest of Asia-Pacific Latex Binders Market
9.3.5.6.1 Rest of Asia-Pacific Latex Binders Market by Type
9.3.5.6.2 Rest of Asia-Pacific Latex Binders Market by End Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Latex Binders Market Overview
9.4.2 Middle East and Africa Latex Binders Market Forecasts and Analysis
9.4.3 Middle East and Africa Latex Binders Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Latex Binders Market Forecasts and Analysis - By End Use Industry
9.4.5 Middle East and Africa Latex Binders Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Latex Binders Market
9.4.5.1.1 South Africa Latex Binders Market by Type
9.4.5.1.2 South Africa Latex Binders Market by End Use Industry
9.4.5.2 Saudi Arabia Latex Binders Market
9.4.5.2.1 Saudi Arabia Latex Binders Market by Type
9.4.5.2.2 Saudi Arabia Latex Binders Market by End Use Industry
9.4.5.3 U.A.E Latex Binders Market
9.4.5.3.1 U.A.E Latex Binders Market by Type
9.4.5.3.2 U.A.E Latex Binders Market by End Use Industry
9.4.5.4 Rest of Middle East and Africa Latex Binders Market
9.4.5.4.1 Rest of Middle East and Africa Latex Binders Market by Type
9.4.5.4.2 Rest of Middle East and Africa Latex Binders Market by End Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Latex Binders Market Overview
9.5.2 South and Central America Latex Binders Market Forecasts and Analysis
9.5.3 South and Central America Latex Binders Market Forecasts and Analysis - By Type
9.5.4 South and Central America Latex Binders Market Forecasts and Analysis - By End Use Industry
9.5.5 South and Central America Latex Binders Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Latex Binders Market
9.5.5.1.1 Brazil Latex Binders Market by Type
9.5.5.1.2 Brazil Latex Binders Market by End Use Industry
9.5.5.2 Argentina Latex Binders Market
9.5.5.2.1 Argentina Latex Binders Market by Type
9.5.5.2.2 Argentina Latex Binders Market by End Use Industry
9.5.5.3 Rest of South and Central America Latex Binders Market
9.5.5.3.1 Rest of South and Central America Latex Binders Market by Type
9.5.5.3.2 Rest of South and Central America Latex Binders Market by End Use Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LATEX BINDERS MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. TRINSEO
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. WACKER CHEMIE AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ARKEMA S.A.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CELANESE CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. DIC CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PUYANG YINTAI INDUSTRIAL TRADING COMPANY LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. LUBRIZOL CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. BOSSON UNION TECH(BEIJING) CO.,LTD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SYNTHOMER PLC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.BASF SE
2.Trinseo
3.Wacker Chemie AG
4.Arkema S.A.
5.Celanese Corporation
6.DIC Corporation
7.Puyang Yintai Industrial Trading Company Ltd.
8.Lubrizol Corporation
9.Bosson Union Tech(Beijing) Co.,Ltd
10.Synthomer plc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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