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Global styrene butadiene latex market forecast to reach $9.12 billion by 2023  

Friday, February 24, 2017

Albany, NY - Transparency Market Research has published a new report titled, “Styrene Butadiene Latex Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global styrene butadiene latex market was valued at $6,809.5 million in 2014 and is likely to reach $9,120.3 million in 2023, expanding at a CAGR of 3.3 percent between 2015 and 2023. The global styrene butadiene latex market is governed by regional market dynamics and demand from the largest end-use industries, namely coated paper manufacturing and carpet manufacturing industries in the respective regions. These end-user industries accounted for over 70 percent of the global styrene butadiene latex market in terms of volume in 2014. The market trends exhibited by these industries vary significantly among the developing and the developed regions. North America and Europe exhibit a declining trend, while Asia Pacific and Latin America are likely to witness robust demand in the near future. The paper processing segment holds the largest share of the global styrene butadiene latex market in terms of volume. The segment includes coated paper manufacturing process, which accounted for around 40 percent of the global styrene butadiene latex market in terms of volume in 2014. Demand for styrene butadiene latex in fiber processing, particularly carpet manufacturing, was the second largest in terms of volume, accounting for around 35% of the market in 2014. The paper processing application segment has witnessed strong growth in Latin America and Asia Pacific, while it has declined significantly in North America and Europe. The fiber processing application segment, however, is expected to grow at a faster rate during the forecast period. Mortar additives is anticipated to be the fastest growing application segment in terms of volume. The high growth rate in the construction industry, especially in Asia Pacific, the Middle East and Latin America is likely to boost demand for styrene butadiene latex during the forecast period. The styrene butadiene latex market in Asia Pacific would continue to witness strong growth during the forecast period due to high demand for coated paper in the region. Demand for styrene butadiene latex in Latin America and the Middle East and Africa (MEA) is likely to increase during the forecast period. The global styrene butadiene latex market is highly fragmented, with large number of players operating in the market. Trinseo SA and BASF SE are the leaders in the styrene butadiene latex market. The report provides an in-depth analysis of the styrene butadiene latex market in terms of volume (kilo tons) and revenue (US$ Mn). It includes current demand analysis and forecast for each application segment at the global and regional level. Regions analyzed include North America, Europe, Asia Pacific, Latin America (LATAM), and the Middle East and Africa (MEA). Each region has been sub-segmented into the major countries or regions. - * Email

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Registration is now open for USA Rubber Industry Forum 2017 being held in Pittsburgh, PA  

Friday, February 24, 2017

Pittsburgh, PA - TechnoBiz USA announces registration is now open for the 4th Edition of USA Rubber Industry Forum 2017, which will be held May 22-23, 2017, in Pittsburgh, PA, at the Crowne Plaza South Hotel. Register online at htpps://technobiz.rubber.guru. The forum is focusing on the following subjects: New Materials and Chemicals; Rubber Mixing Plant Machinery and Equipment; Rubber Molding and Processing; New Designs in Rubber Molds; Extrusion of Rubber; Rubber Testing and Quality Control; Applied Rubber Technology Research; My 40+ years in the Rubber Industry; and Experience with Process Improvement. - * Email

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Accella agrees to purchase spray polyurethane foam business from Covestro  

Friday, February 24, 2017

St. Louis, MO - Accella Polyurethane Systems LLC has agreed to purchase certain assets of the North American spray polyurethane foam (SPF) business located in Spring, TX, from Covestro LLC. The sale is scheduled to be completed in the second quarter of 2017. Financial terms have not been disclosed. “This acquisition will significantly improve Accella’s position in the spray polyurethane foam market and is another strategic step with our positive track record combining the best polyurethane based companies in the industry. The addition of a well-rounded product technology portfolio and a team of highly regarded industry experts will highly complement our current spray polyurethane foam business,” said Andy Harris, president and CEO of Accella. “Moving forward, Accella intends to focus on investing in and growing our spray foam business to meet the needs of our valued customers with the best people, products and service in the industry.” Chris Brink, Accella’s vice president of polyurethane systems, added, “SPF is a very important area of business for our company with the value it brings to society. We will continue to raise the position of SPF as the preferred insulation choice in modern residential and commercial construction.” John Televantos, partner at Arsenal Capital, said, “This combination further strengthens Accella’s position as the leading independent polyurethane systems house in North America, and will enhance the value Accella brings to market with expanded technology, leading brands and great people. We are committed to support the ongoing growth of Accella and invest in strategies that will further transform the business.” The Covestro Spring, TX, facility includes both commercial and production operations, serving North America as a leading producer of spray polyurethane foam, which is used as insulation and roofing in the construction of commercial buildings and residential homes. The roughly 40 Covestro employees at the Spring facility will make a great fit with the Accella team. Operations will continue at the current facility with “business as usual” for a smooth transition for all customers. “The accomplishments of Covestro’s spray polyurethane foam team cannot be overstated. Both technically and commercially, their contributions have helped grow spray polyurethane foam as a technology in the construction market,” said Jerry MacCleary, president of Covestro LLC. “This divestiture will allow us to focus on our core business while ensuring our spray polyurethane foam employees can continue to shape the industry as a part of Accella.” - * Email

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Tire market in Colombia is anticipated to cross $1.5 billion by 2022  

Friday, February 24, 2017

New York, NY - According to recently released TechSci Research report, "Colombia Tire Market Forecast & Opportunities, 2022," the tire market in Colombia is anticipated to cross $1.5 billion by 2022, on account of growing automobile sales and favorable government policies. Moreover, an expanding automobile fleet coupled with growing gross national income per capita, which increased from $6,180 in 2011 to $7,140 in 2015, are expected to aid the country's tire market over the next five years. The central region acquired the largest share in the country's tire market in 2016. Owing to the presence of the country's capital, and being the hub of various commercial and cultural activities, the region is anticipated to maintain its dominance over the next five years as well. Radial tires dominated the Colombia tire market in 2016, as they offer several benefits such as better mileage, lower fuel consumption and better road grip. Some of the major players operating in the country's tire market are Goodyear, Michelin, Hankook and Toyo, among others. - * Email

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Book of the Day - Resistance and Stability of Polymers  

Friday, February 24, 2017

Akron, OH - A new book is offered in the Rubber World book store: Resistance and Stability of Polymers. The stability and resistance of polymeric materials determine whether they can be utilized in a given application. Authoritative and reliable material information is needed during the material selection process, and this information must consider the influences of material manufacturing, compounding and stabilization, processing, part design, use and subsequent disposal/recycling. This book is based on a review of more than 1,200 literature sources and represents a comprehensive overview of the current know-how regarding the stability and resistance of thermoplastics, thermosets and elastomers, as well as the most commonly used reinforcements and additives. Extensive tables document material resistance to given media, facilitating appropriate material selection or stabilization for a given application. Volume 1 covers principles of aging, testing methods, stabilization, processing, applications, mechanical behavior of fiber reinforced plastics. Volume 2 covers plastics, rubbers and their acronyms. Other abbreviations, tables of chemical resistance, a bibliography and an index are included. Author: Gottfried Ehrenstrein and Sonja Pongratz; ISBN: 978-1-56990-456-5; two volumes, 1,436 pages; 2013, hardcover; $499.95 USD + SH. Visit http://www.rubberworld.com/RWbookstore.asp for more information. - * Email

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