스티렌 부타디엔 라텍스 시장 규모, 점유율, 성장 분석 : 제품 유형별, 용도별, 최종 이용 산업별, 유통 채널별, 지역별 - 업계 예측(2026-2033년)

Global Styrene Butadiene Latex Market size was valued at USD 12.5 billion in 2024 and is poised to grow from USD 13.12 billion in 2025 to USD 19.39 billion by 2033, growing at a CAGR of 5.0% during the forecast period (2026-2033).

The global styrene butadiene latex market is experiencing robust growth driven by rapid industrialization and urbanization in emerging economies, alongside rising demand for paper, packaging products, and automotive applications. The ongoing expansion in infrastructure development and consumer needs stimulates significant usage of styrene-butadiene latex across the construction and manufacturing sectors. Additionally, the requirement for durable coatings in the paper and packaging industries bolsters this market, as does the increasing emphasis on product performance and sustainability. However, fluctuating raw material costs pose challenges for manufacturers in predicting production costs and profitability, while competition from alternative materials such as acrylics and bio-based polymers further complicates the landscape, necessitating ongoing innovation and adaptation for sustained growth in the industry.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Styrene Butadiene Latex market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Styrene Butadiene Latex Market Segments Analysis

Global Styrene Butadiene Latex Market is segmented by Product Type, Application, End Use Industry, Distribution Channel and region. Based on Product Type, the market is segmented into High Styrene Resin (HSR), Carboxylated Styrene Butadiene Latex (XSBR), Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylic (SA). Based on Application, the market is segmented into Paper and Paperboard, Textiles, Paints and Coatings, Adhesives, Rubber and Plastic and Foam and Carpets. Based on End Use Industry, the market is segmented into Automotive, Construction, Packaging, Consumer Electronics, Healthcare and Furniture and Bedding. Based on Distribution Channel, the market is segmented into Direct Sales, Distributors and Wholesalers and E-commerce. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Styrene Butadiene Latex Market

One of the key market drivers for the global styrene butadiene latex market is the growing demand from the adhesives and coatings industry. This versatile latex offers excellent bonding properties and flexibility, making it ideal for a wide range of applications including construction, automotive, and packaging. The increasing focus on sustainable and eco-friendly products is further propelling its adoption, as styrene butadiene latex provides water-based solutions that reduce volatile organic compound (VOC) emissions. Furthermore, the rise in infrastructure development and renovations in emerging economies significantly boosts usage in various end-user industries, enhancing the growth prospects for this market segment.

Restraints in the Global Styrene Butadiene Latex Market

One of the key market restraints for the Global Styrene Butadiene Latex Market is the increasing volatility of raw material prices, which can significantly impact production costs. Fluctuations in the prices of styrene and butadiene, the primary raw materials used in the synthesis of styrene butadiene latex, can lead to uncertainty for manufacturers and ultimately affect pricing strategies. Additionally, stringent environmental regulations related to emissions and waste disposal are pushing companies to adopt more sustainable practices, which may require substantial investments in technology and process improvements. These factors pose challenges for market growth and profitability.

Market Trends of the Global Styrene Butadiene Latex Market

The Global Styrene Butadiene Latex market is witnessing a prominent shift towards sustainable and eco-friendly formulations, driven by increasing regulatory pressures and consumer demand for environmentally responsible products. Manufacturers are prioritizing the development of low-VOC, bio-based, and recyclable latex options to minimize their environmental footprint while ensuring product performance across diverse applications. This trend is reshaping the market landscape, as companies innovate to create formulations that cater to a growing awareness of sustainability. As industries seek higher compliance with eco-standards, the emphasis on green chemistry and sustainability is likely to propel growth and reshape competitive dynamics within the market.

Table of Contents

Introduction

• Objectives of the Study
• Market Definition & Scope

Research Methodology

• Research Process
• Secondary & Primary Data Methods
• Market Size Estimation Methods

Executive Summary

• Global Market Outlook
• Key Market Highlights
• Segmental Overview
• Competition Overview

Market Dynamics & Outlook

• Macro-Economic Indicators
• Drivers & Opportunities
• Restraints & Challenges
• Supply Side Trends
• Demand Side Trends
• Porters Analysis & Impact
  • Competitive Rivalry
  • Threat of Substitute
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Bargaining Power of Suppliers

Key Market Insights

• Key Success Factors
• Market Impacting Factors
• Top Investment Pockets
• Ecosystem Mapping
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape
• Technology Assessment

Global Styrene Butadiene Latex Market Size by Product Type & CAGR (2026-2033)

• Market Overview
• High Styrene Resin (HSR)
• Carboxylated Styrene Butadiene Latex (XSBR)
• Acrylonitrile Butadiene Styrene (ABS)
• Styrene Acrylic (SA)

Global Styrene Butadiene Latex Market Size by Application & CAGR (2026-2033)

• Market Overview
• Paper and Paperboard
• Textiles
• Paints and Coatings
• Adhesives
• Rubber and Plastic
• Foam and Carpets

Global Styrene Butadiene Latex Market Size by End Use Industry & CAGR (2026-2033)

• Market Overview
• Automotive
• Construction
• Packaging
• Consumer Electronics
• Healthcare
• Furniture and Bedding

Global Styrene Butadiene Latex Market Size by Distribution Channel & CAGR (2026-2033)

• Market Overview
• Direct Sales
• Distributors and Wholesalers
• E-commerce

Global Styrene Butadiene Latex Market Size & CAGR (2026-2033)

• North America (Product Type, Application, End Use Industry, Distribution Channel)
  • US
  • Canada
• Europe (Product Type, Application, End Use Industry, Distribution Channel)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Application, End Use Industry, Distribution Channel)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Application, End Use Industry, Distribution Channel)
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Application, End Use Industry, Distribution Channel)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trinseo PLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Synthomer plc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Chem Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lanxess AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JSR Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Asahi Kasei Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kumho Petrochemical Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zeon Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wacker Chemie AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mallard Creek Polymers
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• EcoSynthetix Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NANTEX Industry Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sibur Holding
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Reliance Industries Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Euclid Chemical Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aries Chemical, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MCTRON Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ultrapave Latex Polymers
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations