Growth of Chinese synthetic latex polymer market will outpace the west

Citation

(2007), "Growth of Chinese synthetic latex polymer market will outpace the west", Pigment & Resin Technology, Vol. 36 No. 4. https://doi.org/10.1108/prt.2007.12936dab.007

Growth of Chinese synthetic latex polymer market will outpace the west

Growth of Chinese synthetic latex polymer market will outpace the west

The Chinese market for synthetic latex polymers is expected to grow at a higher rate than in North America and Europe for the next ten years, according to a study by Kline & Company. Over the past decade, demand in China has expanded at a rate of more than 15 per cent a year. Though this growth may slow slightly as the overall market consolidates, manufacturers can expect demand to rise by around 9 per cent, according to the forecast presented in “Opportunities in synthetic latex polymers, 2006-2017, Volume I: China”. Styrene butadiene (SBR) should see double-digit growth, with the possibility to exceed 25 per cent per year. Styrene acrylics are also expected to grow at double-digit rates during the next decade, exceeding 13 per cent annually. Paints and coatings are the primary end uses for styrene acrylics. For more information on the study series, visit: www. klinegroup.com/reports/Y612.asp