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MarketResearch.biz delivers in-depth insights on the global styrenic block copolymers market in its upcoming report titled, “Global Styrenic Block Copolymers Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global styrenic block copolymers market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global styrenic block copolymers market report has been segmented on the basis of product, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Styrenic Block Copolymers (SBCs) are high-performance thermoplastic elastomers designed to improve performance capabilities of a wide range of end-use products and applications. SBC is principally classified into three types, styrene-isoprene-styrene block copolymers (SIS), styrene-butadiene-styrene block copolymers (SBS), and styrene-ethylene-butylene-styrene block copolymers (SEBS). SBC products, due to their unique properties such as durability, low drug absorption, UV resistance, high tensile strength, and toughness are increasingly used in construction and building applications. The SBC are broadly used in footwear industry for strap and foaming applications. In advanced material applications, SBCs and their derivatives are utilized for polymer systems, personal care, and compounding. SBCs and their derivatives usage in sealants, adhesives, and coatings segment are increasing continually.
Increasing environmental concerns coupled with low cost of SBC replacing application of rubber, PVC, and other thermoplastics in various industrial applications is a major factor expected to drive the global market over the forecast period. In addition, increasing application scope of SBC in construction and automobiles sector is projected to drive growth of the global SBC market over the forecast period. Moreover, increasing demand for SBC from sealants and adhesives industry is estimated to support the market growth in the next ten years. In addition, rapid growth in industrial and manufacturing sectors in developing economies such as China and India is anticipated to present new opportunities for SBC market players in next ten years. However, increasing prices of petrochemicals that are utilized as an important raw material in a manufacturing process of SBC, is projected to hamper the market growth to a certain extent.
Target audience for the global styrenic block copolymers market report include industry associations, styrenic block copolymer producers, styrenic block copolymer traders, styrenic block copolymer suppliers, and styrenic block copolymer distributors, government and research organizations, industrial and association bodies, raw material suppliers, distributors, and others.
North America styrenic block copolymers market is expected to account for significant share in terms of revenue in the global styrenic block copolymers market. Asia Pacific styrenic block copolymers market is anticipated to witness fastest growth in terms of revenue in next ten years, owing to increasing demand for construction industry in the countries in region.
Global Styrenic Block Copolymers Market Segmentation:
Segmentation by product:
- Styrene butadiene styrene (SBS)
- Styrene isoprene styrene (SIS)
- Hydrogenated styrenic block copolymer (HSBC)
Segmentation by application:
- Paving & roofing
- Polymer modification
- Adhesives & Sealants
- Wires & cables
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- ZEON Corporation
- BASF SE
- INEOS Styrolution Group GmbH
- Versalis S.p.A.
- En Chuan Chemical Industries Co., Ltd.
- Denka Company Limited
- Kumho Petrochemical Co Ltd
- JSR Corporation
- Eastman Chemical Company
- Chi Mei Corporation
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