The SBC market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
Styrenic block copolymer is also known as SBC. They belong to the group of thermoplastic elastomers (TPE). TPE have rubber like properties and are processed as thermoplastics.
The SBS segment accounted for the major shares of this market. Factors such as the growth in adhesive and compounding applications and the high adoption of polymer-modified asphalt for paving and roofing applications will contribute to the growth of the styrenic-butadiene-styrenic block copolymer market in the coming years.
As per this market research report, the paving and roofing application segment will hold the maximum share of the SBC market until 2023. The increasing usage of SBC for bitumen modification, growth in global population and high infrastructural investments will drive the growth of the market in this segment.
As the report focuses on global SBC market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
China Petrochemical Corporation
Dynasol
LCY Group
PolyOne
TSRC
Zeon Chemicals
LG Chemicals
Chevron Phillips
En Chuan Chemicals
JSR Corporation
Eastman Chemical
Kumho Petrochemicals
Market Segment by Product Type
Styrenic-Butadiene-Styrenic (SBS)
Hydrogenated Styrenic Block Copolymers (HSBC)
Styrene-Isoprene-Styrene (SIS)
Market Segment by Application
Paving and Roofing
Footwear
Advanced Material
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the SBC market for the forecast period 2020 - 2025?
• What are the driving forces in the SBC market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the SBC industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?