Styrenic Block Copolymers (SBCs) are high-performance thermoplastic elastomers engineered to improve the performance capabilities of a broad range of end products and applications. SBC is primarily classified into three types, namely styrene-butadiene-styrene block copolymers (SBS), styrene-isoprene-styrene block copolymers (SIS) and styrene-ethylene-butylene-styrene block copolymers (SEBS).
The rising consumption rates of SBC in the healthcare industry is estimated to be one of the major factors that will have a positive impact on the growth of the market.The characteristics such as biodegradability, low drug absorption, high resilience, toughness, optical clarity, and process stability drives the demand for SBCs in the healthcare sector. These copolymers are increasingly used as substitutes of PVC in many tubing applications. Innovations and advancements in the medical sector and the increasing need for enhanced bio-degradable thermoplastic elastomers to manufacture medical bags, medical tubing, and syringes are driving the adoption of SBC in the medical sector.
APAC is estimated to be the major revenue contributor of the SBC market throughout the forecast period. The rise of China as a key manufacturer in the footwear segment and high infrastructural activities in APAC are the factors driving the demand for SBC. Also, the rise in consumption of baby diapers due to rise in the total birth rate will propel the market growth in APAC
In 2019, the market size of Styrenic Block Copolymer (SBC) is 7060 million US$ and it will reach 11700 million US$ in 2025, growing at a CAGR of 6.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Styrenic Block Copolymer (SBC).
This report studies the global market size of Styrenic Block Copolymer (SBC), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Styrenic Block Copolymer (SBC) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Kraton
Dynasol
Kuraray
Asahi Kasei
Kumho Petrochemical
LG Chem
TSRC
Chi Mei
Market Segment by Product Type
Styrene Butadiene Styrene
Styrene Isoprene Styrene
Hydrogenated Styrenic Block Copolymer
Market Segment by Application
Paving
Roofing
Personal Care
Packaging & Industrial Adhesives
Footwear Industry
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)
The study objectives are:
To analyze and research the Styrenic Block Copolymer (SBC) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Styrenic Block Copolymer (SBC) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Styrenic Block Copolymer (SBC) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Styrenic Block Copolymer (SBC). Industry analysis & Market Report on Styrenic Block Copolymer (SBC) is a syndicated market report, published as Global (United States, European Union and China) Styrenic Block Copolymer (SBC) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Styrenic Block Copolymer (SBC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.