STYRENE BUTADIENE LATEXES MARKET ANALYSIS

Market News

Key Developments

• In March 2018, Trinseo – a global plastics, synthetic rubber and latex binder manufacturer inaugurated a new styrene butadiene rubber plant at Schkopau, Germany. The new plant will add 50 kilo tons of styrene butadiene capacity, increasing the current capacity by 33%. The decision is based on increasing demand for styrene rubber in the tire market.
• In June 2019, Asahi Kasei – a petrochemicals & plastic products manufacturer announced its plans to set up a synthetic rubber plant in Europe. The company is still in its planning stage and are evaluating demand as well as butadiene competitiveness in the region.
• In April 2016, Mallard Creek Polymers, Inc. (MCP) developed a new styrene butadiene latex – “Rovene 4541” for coatings application where high filler loading is required. Styrene butadiene latex based coatings demonstrates high binding strength and water resistance. Increasing application of styrene butadiene latex in paints and coatings application is set to drive the demand for SB latex during the forecast period.