Latex Binders Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_00729
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 8.54 |
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Latex Binders Market Analysis Report 2023-2032:
The Latex Binders Market is expected to experience substantial growth, with an anticipated CAGR of 4.05% projected between 2022 and 2032. This growth potential could translate into a significant market expansion of USD 1,350.67 million. Several factors contribute to this growth, including the versatile use of latex binders in adhesives, paints, and coatings, the demand for eco-friendly binder solutions, and advancements in latex binder manufacturing technologies.
Latex Binders Market Overview Drivers One of the primary drivers fueling the growth of the latex binders market is the extensive use of latex binders in various industries, including construction, paints and coatings, and textiles. Latex binders are essential components for producing adhesives, architectural paints, and textile coatings. Their ability to provide strong bonding, adhesion, and durability properties drives market demand.
Trends An essential trend shaping the latex binders market is the growing demand for eco-friendly and low-VOC (volatile organic compound) binder solutions. Manufacturers are developing latex binders with reduced environmental impact, aligning with the increasing focus on sustainability in various industries.
Restraints One of the key challenges facing the latex binders market is the competition from alternative binder technologies. Water-based, solvent-based, and epoxy binders offer alternatives to latex binders, and their adoption is driven by factors such as cost and application-specific requirements. Manufacturers of latex binders need to address this restraint effectively to remain competitive.
Latex Binders Market Segmentation By Type The types of latex binders in the market include acrylic, styrene-butadiene (SB), and vinyl acetate ethylene (VAE) binders. Each type offers specific properties, such as adhesion strength and water resistance, making them suitable for different applications.
By Application Latex binders find applications in various industries, including construction, paints and coatings, textiles, and adhesives. Their versatility allows them to be used in both decorative and functional applications.
Regional Overview:
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Request pdf SampleLatex Binders Market Customer Landscape The latex binders market report provides insights into the customer landscape, ranging from construction companies to paint and coatings manufacturers. It examines adoption rates across different regions and highlights factors influencing purchasing decisions, including binder performance and sustainability.
Major Players in the Latex Binders Market Companies in the latex binders market are implementing various strategies, including product innovation, partnerships, mergers and acquisitions, and geographical expansion, to enhance their market presence.
- Adhesives Inc.: A leading manufacturer of latex binders catering to a wide range of adhesive, paint, and coating applications, with a focus on product quality and sustainability.
- Coatings Solutions: Specializes in innovative latex binder formulations designed to meet specific adhesion and coating needs, including low-VOC and eco-friendly options.
- Textile Binders: Offers a comprehensive range of latex binders for textile applications, with a commitment to sustainability and customer satisfaction.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- Dow Chemical Company
- BASF SE
- Synthomer plc
- Celanese Corporation
- Wacker Chemie AG
- Trinseo LLC
- Arkema SA
- DIC Corporation
- Omnova Solutions Inc.
- Lubrizol Corporation
- Styron (Now part of Trinseo)
- Momentive Performance Materials Inc.
- Dow Corning Corporation (Now part of Dow Chemical)
- Eastman Chemical Company
- H.B. Fuller Company
- Michelman, Inc.
- Ashland Global Holdings Inc.
- Allnex Belgium SA/NV
- Mallard Creek Polymers, Inc.
- Synthelast S.A.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview The latex binders market report provides comprehensive revenue forecasts at the global, regional, and country levels, along with an analysis of emerging trends and growth prospects from 2019 to 2032.
- Type Outlook (USD Million, 2019 - 2032)
- Acrylic Binders
- Styrene-Butadiene (SB) Binders
- Vinyl Acetate Ethylene (VAE) Binders
- Application Outlook (USD Million, 2019 - 2032)
- Construction
- Paints and Coatings
- Textiles
- Adhesives
- Geography Outlook (USD Million, 2019 - 2032)
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Japan
- Rest of APAC
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- South Africa
- Rest of Middle East & Africa
Table of Contents
United States Latex Binders Market Report 2017
1 Latex Binders Overview
1.1 Product Overview and Scope of Latex Binders
1.2 Classification of Latex Binders by Product Category
1.2.1 United States Latex Binders Market Size (Sales Volume) Comparison by Type (2012-2022)
1.2.2 United States Latex Binders Market Size (Sales Volume) Market Share by Type (Product Category) in 2016
1.2.3 Styrene Acrylic (SA) Binders
1.2.4 Styrene Butadiene (SB) Binders
1.2.5 Others
1.3 United States Latex Binders Market by Application/End Users
1.3.1 United States Latex Binders Market Size (Consumption) and Market Share Comparison by Application (2012-2022)
1.3.2 Paints
1.3.3 Adhesives
1.3.4 Sealants
1.3.5 Construction and Fiber Bonding Materials
1.3.6 Paper
1.3.7 Others
1.4 United States Latex Binders Market by Region
1.4.1 United States Latex Binders Market Size (Value) Comparison by Region (2012-2022)
1.4.2 The West Latex Binders Status and Prospect (2012-2022)
1.4.3 Southwest Latex Binders Status and Prospect (2012-2022)
1.4.4 The Middle Atlantic Latex Binders Status and Prospect (2012-2022)
1.4.5 New England Latex Binders Status and Prospect (2012-2022)
1.4.6 The South Latex Binders Status and Prospect (2012-2022)
1.4.7 The Midwest Latex Binders Status and Prospect (2012-2022)
1.5 United States Market Size (Value and Volume) of Latex Binders (2012-2022)
1.5.1 United States Latex Binders Sales and Growth Rate (2012-2022)
1.5.2 United States Latex Binders Revenue and Growth Rate (2012-2022)
2 United States Latex Binders Market Competition by Players/Suppliers
2.1 United States Latex Binders Sales and Market Share of Key Players/Suppliers (2012-2017)
2.2 United States Latex Binders Revenue and Share by Players/Suppliers (2012-2017)
2.3 United States Latex Binders Average Price by Players/Suppliers (2012-2017)
2.4 United States Latex Binders Market Competitive Situation and Trends
2.4.1 United States Latex Binders Market Concentration Rate
2.4.2 United States Latex Binders Market Share of Top 3 and Top 5 Players/Suppliers
2.4.3 Mergers & Acquisitions, Expansion in United States Market
2.5 United States Players/Suppliers Latex Binders Manufacturing Base Distribution, Sales Area, Product Type
3 United States Latex Binders Sales (Volume) and Revenue (Value) by Region (2012-2017)
3.1 United States Latex Binders Sales and Market Share by Region (2012-2017)
3.2 United States Latex Binders Revenue and Market Share by Region (2012-2017)
3.3 United States Latex Binders Price by Region (2012-2017)
4 United States Latex Binders Sales (Volume) and Revenue (Value) by Type (Product Category) (2012-2017)
4.1 United States Latex Binders Sales and Market Share by Type (Product Category) (2012-2017)
4.2 United States Latex Binders Revenue and Market Share by Type (2012-2017)
4.3 United States Latex Binders Price by Type (2012-2017)
4.4 United States Latex Binders Sales Growth Rate by Type (2012-2017)
5 United States Latex Binders Sales (Volume) by Application (2012-2017)
5.1 United States Latex Binders Sales and Market Share by Application (2012-2017)
5.2 United States Latex Binders Sales Growth Rate by Application (2012-2017)
5.3 Market Drivers and Opportunities
6 United States Latex Binders Players/Suppliers Profiles and Sales Data
6.1 Trinseo
6.1.1 Company Basic Information, Manufacturing Base and Competitors
6.1.2 Latex Binders Product Category, Application and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 Trinseo Latex Binders Sales, Revenue, Price and Gross Margin (2012-2017)
6.1.4 Main Business/Business Overview
6.2 BASF
6.2.2 Latex Binders Product Category, Application and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 BASF Latex Binders Sales, Revenue, Price and Gross Margin (2012-2017)
6.2.4 Main Business/Business Overview
6.3 DIC Corporation
6.3.2 Latex Binders Product Category, Application and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 DIC Corporation Latex Binders Sales, Revenue, Price and Gross Margin (2012-2017)
6.3.4 Main Business/Business Overview
6.4 Dow
6.4.2 Latex Binders Product Category, Application and Specification
6.4.2.1 Product A
6.4.2.2 Product B
6.4.3 Dow Latex Binders Sales, Revenue, Price and Gross Margin (2012-2017)
6.4.4 Main Business/Business Overview
6.5 Wacker Chemie AG
6.5.2 Latex Binders Product Category, Application and Specification
6.5.2.1 Product A
6.5.2.2 Product B
6.5.3 Wacker Chemie AG Latex Binders Sales, Revenue, Price and Gross Margin (2012-2017)
6.5.4 Main Business/Business Overview
6.6 OMNOVA
6.6.2 Latex Binders Product Category, Application and Specification
6.6.2.1 Product A
6.6.2.2 Product B
6.6.3 OMNOVA Latex Binders Sales, Revenue, Price and Gross Margin (2012-2017)
6.6.4 Main Business/Business Overview
...
7 Latex Binders Manufacturing Cost Analysis
7.1 Latex Binders Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.1.4 Market Concentration Rate of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Manufacturing Process Analysis of Latex Binders
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
8.1 Latex Binders Industrial Chain Analysis
8.2 Upstream Raw Materials Sourcing
8.3 Raw Materials Sources of Latex Binders Major Manufacturers in 2016
8.4 Downstream Buyers
9 Marketing Strategy Analysis, Distributors/Traders
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Market Positioning
9.2.1 Pricing Strategy
9.2.2 Brand Strategy
9.2.3 Target Client
9.3 Distributors/Traders List
10 Market Effect Factors Analysis
10.1 Technology Progress/Risk
10.1.1 Substitutes Threat
10.1.2 Technology Progress in Related Industry
10.2 Consumer Needs/Customer Preference Change
10.3 Economic/Political Environmental Change
11 United States Latex Binders Market Size (Value and Volume) Forecast (2017-2022)
11.1 United States Latex Binders Sales Volume, Revenue Forecast (2017-2022)
11.2 United States Latex Binders Sales Volume Forecast by Type (2017-2022)
11.3 United States Latex Binders Sales Volume Forecast by Application (2017-2022)
11.4 United States Latex Binders Sales Volume Forecast by Region (2017-2022)
12 Research Findings and Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
List of Tables and Figures
Figure Product Picture of Latex Binders
Figure United States Latex Binders Market Size (MT) by Type (2012-2022)
Figure United States Latex Binders Sales Volume Market Share by Type (Product Category) in 2016
Figure Styrene Acrylic (SA) Binders Product Picture
Figure Styrene Butadiene (SB) Binders Product Picture
Figure Others Product Picture
Figure United States Latex Binders Market Size (MT) by Application (2012-2022)
Figure United States Sales Market Share of Latex Binders by Application in 2016
Figure Paints Examples
Table Key Downstream Customer in Paints
Figure Adhesives Examples
Table Key Downstream Customer in Adhesives
Figure Sealants Examples
Table Key Downstream Customer in Sealants
Figure Construction and Fiber Bonding Materials Examples
Table Key Downstream Customer in Construction and Fiber Bonding Materials
Figure Paper Examples
Table Key Downstream Customer in Paper
Figure Others Examples
Table Key Downstream Customer in Others
Figure United States Latex Binders Market Size (Million USD) by Region (2012-2022)
Figure The West Latex Binders Revenue (Million USD) and Growth Rate (2012-2022)
Figure Southwest Latex Binders Revenue (Million USD) and Growth Rate (2012-2022)
Figure The Middle Atlantic Latex Binders Revenue (Million USD) and Growth Rate (2012-2022)
Figure New England Latex Binders Revenue (Million USD) and Growth Rate (2012-2022)
Figure The South of US Latex Binders Revenue (Million USD) and Growth Rate (2012-2022)
Figure The Midwest Latex Binders Revenue (Million USD) and Growth Rate (2012-2022)
Figure United States Latex Binders Sales (MT) and Growth Rate (2012-2022)
Figure United States Latex Binders Revenue (Million USD) and Growth Rate (2012-2022)
Figure United States Latex Binders Market Major Players Product Sales Volume (MT) (2012-2017)
Table United States Latex Binders Sales (MT) of Key Players/Suppliers (2012-2017)
Table United States Latex Binders Sales Share by Players/Suppliers (2012-2017)
Figure 2016 United States Latex Binders Sales Share by Players/Suppliers
Figure 2017 United States Latex Binders Sales Share by Players/Suppliers
Figure United States Latex Binders Market Major Players Product Revenue (Million USD) (2012-2017)
Table United States Latex Binders Revenue (Million USD) by Players/Suppliers (2012-2017)
Table United States Latex Binders Revenue Share by Players/Suppliers (2012-2017)
Figure 2016 United States Latex Binders Revenue Share by Players/Suppliers
Figure 2017 United States Latex Binders Revenue Share by Players/Suppliers
Table United States Market Latex Binders Average Price (USD/MT) of Key Players/Suppliers (2012-2017)
Figure United States Market Latex Binders Average Price (USD/MT) of Key Players/Suppliers in 2016
Figure United States Latex Binders Market Share of Top 3 Players/Suppliers
Figure United States Latex Binders Market Share of Top 5 Players/Suppliers
Table United States Players/Suppliers Latex Binders Manufacturing Base Distribution and Sales Area
Table United States Players/Suppliers Latex Binders Product Category
Table United States Latex Binders Sales (MT) by Region (2012-2017)
Table United States Latex Binders Sales Share by Region (2012-2017)
Figure United States Latex Binders Sales Share by Region (2012-2017)
Figure United States Latex Binders Sales Market Share by Region in 2016
Table United States Latex Binders Revenue (Million USD) and Market Share by Region (2012-2017)
Table United States Latex Binders Revenue Share by Region (2012-2017)
Figure United States Latex Binders Revenue Market Share by Region (2012-2017)
Figure United States Latex Binders Revenue Market Share by Region in 2016
Table United States Latex Binders Price (USD/MT) by Region (2012-2017)
Table United States Latex Binders Sales (MT) by Type (2012-2017)
Table United States Latex Binders Sales Share by Type (2012-2017)
Figure United States Latex Binders Sales Share by Type (2012-2017)
Figure United States Latex Binders Sales Market Share by Type in 2016
Table United States Latex Binders Revenue (Million USD) and Market Share by Type (2012-2017)
Table United States Latex Binders Revenue Share by Type (2012-2017)
Figure Revenue Market Share of Latex Binders by Type (2012-2017)
Figure Revenue Market Share of Latex Binders by Type in 2016
Table United States Latex Binders Price (USD/MT) by Types (2012-2017)
Figure United States Latex Binders Sales Growth Rate by Type (2012-2017)
Table United States Latex Binders Sales (MT) by Application (2012-2017)
Table United States Latex Binders Sales Market Share by Application (2012-2017)
Figure United States Latex Binders Sales Market Share by Application (2012-2017)
Figure United States Latex Binders Sales Market Share by Application in 2016
Table United States Latex Binders Sales Growth Rate by Application (2012-2017)
Figure United States Latex Binders Sales Growth Rate by Application (2012-2017)
Table Trinseo Basic Information List
Table Trinseo Latex Binders Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure Trinseo Latex Binders Sales Growth Rate (2012-2017)
Figure Trinseo Latex Binders Sales Market Share in United States (2012-2017)
Figure Trinseo Latex Binders Revenue Market Share in United States (2012-2017)
Table BASF Basic Information List
Table BASF Latex Binders Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure BASF Latex Binders Sales Growth Rate (2012-2017)
Figure BASF Latex Binders Sales Market Share in United States (2012-2017)
Figure BASF Latex Binders Revenue Market Share in United States (2012-2017)
Table DIC Corporation Basic Information List
Table DIC Corporation Latex Binders Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure DIC Corporation Latex Binders Sales Growth Rate (2012-2017)
Figure DIC Corporation Latex Binders Sales Market Share in United States (2012-2017)
Figure DIC Corporation Latex Binders Revenue Market Share in United States (2012-2017)
Table Dow Basic Information List
Table Dow Latex Binders Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure Dow Latex Binders Sales Growth Rate (2012-2017)
Figure Dow Latex Binders Sales Market Share in United States (2012-2017)
Figure Dow Latex Binders Revenue Market Share in United States (2012-2017)
Table Wacker Chemie AG Basic Information List
Table Wacker Chemie AG Latex Binders Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure Wacker Chemie AG Latex Binders Sales Growth Rate (2012-2017)
Figure Wacker Chemie AG Latex Binders Sales Market Share in United States (2012-2017)
Figure Wacker Chemie AG Latex Binders Revenue Market Share in United States (2012-2017)
Table OMNOVA Basic Information List
Table OMNOVA Latex Binders Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure OMNOVA Latex Binders Sales Growth Rate (2012-2017)
Figure OMNOVA Latex Binders Sales Market Share in United States (2012-2017)
Figure OMNOVA Latex Binders Revenue Market Share in United States (2012-2017)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Latex Binders
Figure Manufacturing Process Analysis of Latex Binders
Figure Latex Binders Industrial Chain Analysis
Table Raw Materials Sources of Latex Binders Major Players/Suppliers in 2016
Table Major Buyers of Latex Binders
Table Distributors/Traders List
Figure United States Latex Binders Sales Volume (MT) and Growth Rate Forecast (2017-2022)
Figure United States Latex Binders Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure United States Latex Binders Price (USD/MT) Trend Forecast (2017-2022)
Table United States Latex Binders Sales Volume (MT) Forecast by Type (2017-2022)
Figure United States Latex Binders Sales Volume (MT) Forecast by Type (2017-2022)
Figure United States Latex Binders Sales Volume (MT) Forecast by Type in 2022
Table United States Latex Binders Sales Volume (MT) Forecast by Application (2017-2022)
Figure United States Latex Binders Sales Volume (MT) Forecast by Application (2017-2022)
Figure United States Latex Binders Sales Volume (MT) Forecast by Application in 2022
Table United States Latex Binders Sales Volume (MT) Forecast by Region (2017-2022)
Table United States Latex Binders Sales Volume Share Forecast by Region (2017-2022)
Figure United States Latex Binders Sales Volume Share Forecast by Region (2017-2022)
Figure United States Latex Binders Sales Volume Share Forecast by Region in 2022
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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