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Vinyl Pyridine Latex Market

Vinyl Pyridine Latex Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Vinyl Pyridine Latex Market: A Key Materiel for Tire Production

  • Vinyl pyridine latex is specially designed to provide a strong bond between synthetic fabrics and rubber compounds. It is synthesized to withstand extreme climatic conditions in several applications. Vinyl pyridine latex is largely used in key applications such as automobile tires, conveyors belts, and fabric-reinforced rubbers.
  • Vinyl pyridine latex is a tert-polymer of vinyl pyridine, butadiene, and styrene, which are dispersed in an aqueous solution. Vinyl pyridine latex has properties to form a bond between fibers (such as nylon, aramid, glass fiber, rayon, and polyester) and rubbers such as styrene butadiene rubber (SBR), nitrile rubber (NR), and chloroprene.
  • Vinyl pyridine latex also offers low cream and foam values, which are required for smooth and clean processing in uniform fabric applications. Vinyl pyridine latex offers excellent mechanical properties and chemical properties, which are useful in producing several rubber products.

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Key Drivers of Global Vinyl Pyridine Latex Market

  • Increasing demand for sports utility vehicles (SUVs), crossovers, and hybrid vehicles is anticipated to boost the global vinyl pyridine latex market during the forecast period. Vinyl pyridine latex is largely used as a raw material in the manufacture of automotive tire products across the world. This factor is projected to boost the global market in the next few years.
  • Automotive tires is one of the key vehicle components, in terms of passenger safety and weight balance. Technological advancements over the last few years are imparting excellent properties to rubber and rubber products used in the automotive industry. This key factor is projected to boost the demand for vinyl pyridine latex in the near future.
  • Increasing demand for aircraft carriers in various countries is likely to boost the global vinyl pyridine latex market in the next few years. Vinyl pyridine latex is largely used in the manufacture of aircraft tires in combination with other rubber materials such as nitrile, styrene, and butadiene rubber, owing to its excellent adhesion. This factor is anticipated to fuel the demand for vinyl pyridine latex during the forecast period.

Electronic and Pharmaceutical Segments to Witness Attractive Opportunities

  • Rapid industrialization across the globe is projected to drive the demand for conveyors belts in the next few years. Vinyl pyridine latex is largely used to produce conveyor belts worldwide. Conveyor belts is a key component in automation applications, which is used for carrying products or materials to a long distance.
  • Conveyor belts are helping companies save on the cost of carrying products from one end to another. This factor is projected to fuel the demand for vinyl pyridine latex in the near future.
  • Among applications, the automotive tires segment is likely to hold a major share of the global vinyl pyridine latex market during the forecast period. Vinyl pyridine latex is largely used in the manufacture of vehicle tires, owing to its excellent adhesion property.

Asia Pacific to Hold a Key Share of Global Vinyl Pyridine Latex Market

  • Geographically, the global market for vinyl pyridine latex can be segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is one of the key producers of vinyl pyridine latex worldwide, owing to large production of vinyl pyridine latex in countries of Asia such as India, Thailand, and Malaysia. Rising demand for passenger cars, sedan cars, and SUVs in China and Japan is expected to augment the demand for vinyl pyridine latex in these countries during the forecast period.
  • In addition, rising demand for superior-quality vinyl pyridine latex in automotive and aircraft industries in developing economies of Asia Pacific, such as China and India, is expected to create lucrative opportunities for manufacturers of vinyl pyridine latex in the region during the forecast period
  • Rising demand for vinyl pyridine latex for use in industrial applications, such as hoses, tires, and belts, is propelling the vinyl pyridine latex market in North America and Europe
  • Latin America and Middle East & Africa are import-based markets, owing to limited production of raw latex in these regions. Increasing imports of vinyl pyridine latex in Latin America and Middle East & Africa are likely to boost the market in these regions during the forecast period.

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Key Players Operating in Global Vinyl Pyridine Latex Market:

High demand for vinyl pyridine latex is met by several manufacturing companies operating across the globe. Some of the key players operating in the global vinyl pyridine latex market are:

  • Apcotex Industries
  • OMNOVA Solutions Inc.
  • Jubilant Industries Ltd.
  • Jiangsu Yatai Chemical Co. Ltd.
  • Shandong Boyi Chemical LLC
  • Zeon Corporation

Global Vinyl Pyridine Latex Market: Research Scope

Global Vinyl Pyridine Latex Market, by Application

  • Tire
  • Belts
  • Hose
  • Others (Including Elastomers)

Global Vinyl Pyridine Latex Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa 

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