Styrenic Block Copolymers, short as SBCs, are high-performance thermoplastic elastomers engineered to enhance the performance capabilities of a wide spectrum of end products and applications. Its versatility in compounding enables extensive tuning of product properties, which allows the market to keep growing into new directions.
SBCs are copolymers of styrene with butadiene, isoprene, or others. SBS, SIS, and SEBS are the common copolymers, and SEBS is the hydrogenated styrene butadiene styrene.
The technical barriers of SBCs are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Japan and USA. The key companies in SBCs market include Kraton, Dynasol, LG Chem, LCY, TSRC, Sinopec, Versalis, CNPC, and Keyuan. In 2015, the demand for SIS/SEBS in all regions is leveling off. Looking toward 2016, the demand for special SBS products in the high added-value application market is still good, and the demand for SIS/SEBS will gradually improve along with the global economy. The demand for these products will grow steadily.
SBCs are widely used in adhesives, sealants, polymer, paving and roofing, coatings, candle and personal care applications and others. In 2014, SBCs for footwear industry and asphalt modifier consumption occupy more than 50% of total amount. In recent years, China has become the largest world market for SBCs, surpassing North America and Europe. China is the leading footwear producer in the world, followed by India. The growing footwear industry in China, India and Thailand, and increasing consumption in polymer modifier and asphalt modifier is expected to boost the demand for SBCs over the forecast period. Therefore, increasing demand for SBCs is expected to support the growth over forecast period. SBCs industry will usher in a stable growth space.
The report offers detailed coverage of Styrenic Block Copolymers (SBCs) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Styrenic Block Copolymers (SBCs) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Styrenic Block Copolymers (SBCs) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Styrenic Block Copolymers (SBCs) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Kraton
Dynasol
Versalis
Kuraray
Asahi Kasei
Kumho Petrochemical
LG Chem
LCY
TSRC
Sinopec
CNPC
Keyuan
Jusage
At the same time, we classify Styrenic Block Copolymers (SBCs) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
SBS
SIS
SEBS
Other
Market by Application
Footwear Industry
Roofing
Paving
Personal Care
Packaging & Industrial Adhesives
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Styrenic Block Copolymers (SBCs) market for the forecast period 2021 - 2025?
• What are the driving forces in the Styrenic Block Copolymers (SBCs) market for the forecast period 2021 - 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 Styrenic Block Copolymers (SBCs) 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?