Market for synthetic latex polymer consumption in Europe to grow
The outlook for synthetic latex polymer consumption in Europe remains optimistic despite a negative GDP growth in 2009. This growth for synthetic latex polymer would primarily be driven by applications like printing inks & overprint varnishes, construction and paints & coatings, according to market research firm Kline & Company. From 2010 to 2014 a probable case scenario predicts average growth of 0.9 %. In 2009, the volume of synthetic latex polymers consumed in Europe was in excess of 2.4 million dry tonnes. X-SB is the leading latex with respect to both volume and value, closely followed by pure acrylics and then PVAc. Paper and Paperboard is the leading application in the European market, followed by paints and coatings. The leading five application markets account for 84% of the volume of synthetic latex polymers consumed in Europe.
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