Styrene Butadiene Latex (SBL) is a type of synthetic rubber latex made from styrene-butadiene copolymers. It is a copolymer of styrene and butadiene, and is widely used in a variety of industrial and consumer applications. SBL is an emulsion of styrene-butadiene copolymer in an aqueous medium, and is a low-cost alternative to natural latex rubber. It is known for its high strength, elasticity, and excellent oil and solvent resistance.
SBL is used in a variety of applications, including adhesives, coatings, paper and paperboard, carpet backing, non-woven fabrics, and rubber goods. It is also used in the production of textiles, plastics, and pressure sensitive tapes. It is also used in the production of artificial turf, rubber mats, and sealants.
Growing demand for synthetic rubber latex in automotive, construction, and other industries is expected to drive the growth of the global SBL market. Increasing demand for SBL in the production of artificial turf, rubber mats, and sealants is also expected to drive the growth of the market.The global Styrene Butadiene Latex market was valued at US$ 7019.2 million in 2022 and is anticipated to reach US$ 8418.9 million by 2029, witnessing a CAGR of 2.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Styrene Butadiene Latex Market available at: https://www.themarketreports.com/report/global-styrene-butadiene-latex-market-research-report
This report aims to provide a comprehensive presentation of the global market for Styrene Butadiene Latex, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Styrene Butadiene Latex.
The key players are Synthomer, Trinseo, Dow, BASF SE, Mallard Creek Polymers, Ultrapave Latex Polymers, Euclid Chemical Company, U.S. Adhesive etc. Top 3 companies occupied about 43% market share.
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