The Middle East accounts for approximately 5% of the global consumption of synthetic latex polymers, with a market value of about USD 1.3 billion in 2016. This region represents an interesting mix of diverse economies, displaying a combination of varying market characteristics, ranging from the advanced Turkish market, which closely follows European trends, to the highly price-sensitive Egyptian market.
Like in most regions, except Southeast Asia, paints and coatings and adhesives and sealants are the largest application sectors in the Middle East. However, the region exhibits some striking differences in the application mix. (more…)
Amounting to nearly USD 33 billion, the global synthetic latex polymers market is shaped by diverse regional characteristics, according to Kline’s global program Synthetic Latex Polymers: Global Business Analysis and Opportunities. North America, China, and Europe are the largest markets, together accounting for around 70% of consumption globally. India and Southeast Asia are also significantly large markets, characterized by high growth.
Globally, paints and coatings is the largest application of synthetic latex polymers. However, regional dynamics play a pivotal role in determining the nature of application markets. (more…)
Accounting for around 7.5% of the global market share, Southeast Asia is the fourth largest consumer of synthetic latex polymers globally, according to the recently published Southeast Asia report from Kline’s continuous program Synthetic Latex Polymers: Global Business Analysis and Opportunities. A robust economic growth, low industry regulations, and stability in raw material prices appeal to multinational corporations and domestic suppliers, increasing the market rivalry in the region.
Southeast Asia is the global production hub for nitrile gloves, and this makes the glove dipping industry the largest consumer of synthetic latex polymers in the region, as opposed to most other regional markets where paints and coatings is the most consuming application. (more…)
Accounting for almost 25% of the global market share, China is the second largest consumer of synthetic latex polymers after North America, according to the just-published China report from Kline’s continuous program Synthetic Latex Polymers: Global Business Analysis and Opportunities. A considerably higher GDP growth compared to the developed world, low industry regulations, and stability in raw material prices appeals to multinational corporations and domestic suppliers, increasing market rivalry dramatically. (more…)
Originally posted on Rubber Journal Asia, December 12, 2014.
Asia is a dominant region in terms of global rubber output and consumption. The bloc accounted for about half of the global rubber consumption and close to half of the global output in 2012, according to an earlier report by Ceresana, a Germany-based industrial market research company.
This year, however, various issues involving prices, supply, and demand have put several roadblocks for the region’s rubber industry. (more…)
On a global scale, Southeast Asia represents the fourth largest market for synthetic latex polymers, accounting for 8% of the global consumption, according to the recently published Synthetic Latex Polymers: Southeast Asia Market Analysis and Opportunities report by global consulting and research firm Kline & Company. Although it is significantly smaller than the leading global markets, such as the United States, Europe, and China, it is still much larger than the developing markets of the Middle East, Brazil, and India. All markets are scheduled to be closely analyzed in our recently launched new program – Synthetic Latex Polymers: Global Business Analysis and Opportunities. Within Southeast Asia, countries such as Malaysia, Thailand, and Indonesia account for 82% of synthetic latex polymers consumption in the region. Acrylonitrile-butadiene (AB nitrile) is the leading product type, accounting for 44.6% of the total consumption in the region by volume, followed by styrene acrylics. (more…)
Consisting of a 10 million dry tonne, USD 30 billion+ market, the global synthetic latex polymers (SLP) market is a sizeable one. Although the North America and European markets remain the largest consumers of synthetic latex polymers, claiming some 56% of global volume, strong shifts are being seen in markets as diverse as China, India, and the Middle East according to recent findings within the Synthetic Latex Polymers Global Series: Business Analysis and Opportunities report by international market research and management consulting firm Kline & Company. (more…)
Nikola Matic, Kline’s Chemicals & Materials project manager, will host a webinar sharing insights from Kline’s recently published North American volume of Synthetic Latex Polymers Global Series: Business Analysis and Opportunities report.
The webinar will take place on Tuesday, November 27, 2012 at 11:00 AM US EDT, 4 PM GMT.
With both suppliers and consumers of BD keenly following pricing developments, the industry must consider developments and trends across the whole BD value chain in order to make prudent yet profitable business decisions. Born from the huge success of our annual World Olefins Conference, the inaugural ICIS Butadiene & Derivatives Conference will bring together the entire butadiene (BD) value chain to assess current supply/demand dynamics and explore downstream market trends and developments across synthetic rubbers, latex, plastics and nylon. (more…)
Although the market for synthetic latex polymers in Europe is expected to grow at a modest CAGR of 0.9% through 2014, it continued to demonstrate a declining trend in 2009 due to significant contraction in major end-use markets. The total market was estimated at 2.5 million dry tonnes in 2009. (more…)