Market Size of Synthetic Latex Polymers Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
CAGR | 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Synthetic Latex Polymers Market Analysis
The market for Synthetic Latex Polymers is expected to grow at a CAGR of about 3% globally during the forecast period. Increasing application in paints & coatings and growing demand owing to its wide range of applications are driving the market growth. On the flip-side, diminishing demand for carpets is expected to hinder the market growth.
- Synthetic Latex Polymers Market is expected to grow during the forecast period owing to the increasing application in paints and coatings.
- Asia-Pacific region dominated the market across the globe with the largest consumption from the countries such as China, India and Japan.