Accounting for around 7.5% of the global market share, Southeast Asia is the fourth largest consumer of synthetic latex polymers globally, according to Southeast Asia report from Kline’s continuous program Synthetic Latex Polymers: Global Business Analysis and Opportunities. A robust economic growth, low industry regulations, and stability in raw material prices appeal to multinational corporations and domestic suppliers, increasing the market rivalry in the region.Continue reading
Originally posted on Rubber Journal Asia, December 12, 2014.
Asia is a dominant region in terms of global rubber output and consumption. The bloc accounted for about half of the global rubber consumption and close to half of the global output in 2012, according to an earlier report by Ceresana, a Germany-based industrial market research company.
This year, however, various issues involving prices, supply, and demand have put several roadblocks for the region’s rubber industry.Continue reading
On a global scale, Southeast Asia represents the fourth largest market for synthetic latex polymers, accounting for 8% of the global consumption, according to the recently published Synthetic Latex Polymers: Southeast Asia Market Analysis and Opportunities report by global consulting and research firm Kline & Company. Although it is significantly smaller than the leading global markets, such as the United States, Europe, and China, it is still much larger than the developing markets of the Middle East, Brazil, and India. All markets are scheduled to be closely analyzed in our recently launched new program – Synthetic Latex Polymers: Global Business Analysis and Opportunities. Within Southeast Asia, countries such as Malaysia, Thailand, and Indonesia account for 82% of synthetic latex polymers consumption in the region. Acrylonitrile-butadiene (AB nitrile) is the leading product type, accounting for 44.6% of the total consumption in the region by volume, followed by styrene acrylics.Continue reading