Growth of Chinese Synthetic Latex Polymer Market Will Outpace the West
April 10, 2007
LITTLE FALLS, N.J. - The Chinese market for synthetic latex polymers is expected to grow at a higher rate than in North America and Europe, even in worst-case scenario forecasts for the next 10 years, according to a recently published study by Kline & Company. Over the past decade, demand for the materials in China has expanded at a rate of more than 15% a year, well ahead of the mature markets in Europe and North America. Although this growth may slow slightly as the overall market consolidates, manufacturers can expect demand to rise by around 9%, according to the forecast presented in Global Business Opportunities In Synthetic Latex Polymers, 2006-2017, Volume I: China. For more information, visit www.klinegroup.com/reports/Y612.asp.