Styrenic Block Copolymer (SBC) Market Industry Analysis, Size, Share, Growth, Trends, and Forecast till 2030

Report Ocean published a new report on the ‘Global Styrenic Block Copolymer (SBC) Market’. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.

Get a complete report on Styrenic Block Copolymer (SBC) Market’ (Including Full TOC, 200+ Tables & Figures, and charts). –Covers Precise Information on Pre & Post COVID-19 Market Outbreak by Region.

Global Styrenic Block Copolymer (SBC) Market is valued approximately USD $$ billion in 2019 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2020-2030.

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Styrenic Block Copolymers (SBCs) have always been high-performance thermoplastic elastomers which are designed to improve the performance of such a variety of end-use products and applications. These copolymers have a wide application area owing to their characteristics such as design versatility, high resilience, high thermal stability, crystal clarity, high resistance and others. Styrene block polymers are used for the production of ear / side panels, waistbands, leg elastics, tabs as well as in the landing area of baby diapers. Growing environmental concerns, coupled with the low cost of replacing rubber, PVC and other thermoplastics in various industrial applications, is a significant factor expected to drive the global market during the forecast period.

According to Statista, the annual average price of natural rubber at the Singapore Commodity Exchange (one of key global commodity exchanges for rubber) reached Approximately 4.82 per kilogram in 2011. Ever since, the cost has decreased to an annual average of 1,64 US dollars for every kilogram in 2019. The opportunity factors are the developments in the manufacturing and construction sector. As per Statista Research Department, Infrastructure output has been expected to increase at a higher rate from 2019. SBS elastomers aren’t really suitable for continuous use under UV and ozone conditions, which can be the restraining factor.

The regional analysis of global Styrenic Block Copolymer (SBC) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America’s styrene block copolymers market is likely to account for a large revenue share in the global styrene block copolymers market. The North America, market is growing rapidly because the FDA has approved the use of SBC in the manufacture of medical equipment. The market for styrene block copolymers in Asia Pacific is expected to see the fastest increase in terms over the next ten years, due to increasing demand for the construction sector in the countries in the region. The markets in Asia-Pacific and Latin America are growing significantly in terms of baby diaper use. The use of SBC in footwear has a positive impact on regional industry growth. China has been leading the world market, followed by India.

Major market player included in this report are:
TSRC Corporation
BASF SE
Zeon Corp.
Versalis S.p.A
Ineos Styrolution
JSR Corporation
Kumho Petrochemical Co., Ltd.
Eastman Chemical Company
Kraton Performance Polymers
Sinopec

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

by Type
Styrene-Butadiene-Styrene (SBS)
Hydrogenated SBC (HSBC)

by Application
Asphalt Modification (Paving and Roofing)
Polymer Modification
Adhesives and Sealants
others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

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This report answers the following key questions:

  • How big is the market as a whole in 2022? What rate of market expansion is anticipated between 2023 to 2030?
  • Which region would experience a high demand for goods in the years to come?
  • What are the variables promoting the market’s expansion?
  • Which sub-market will have the most impact on the market?
  • What market opportunities exist for established and new players?
  • What different short-term and long-term tactics have the market players adopted?

With regard to the COVID-19 Outbreak Impact Analysis:

  • In light of COVID-19, the report examined market trends. 
  • On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
  • We examine how COVID-19 has affected diverse regions and significant nations.
  • It is noted how COVID-19 will affect the industry’s future growth.

Examined in the study are: 

  • Market behavior, risk, and opportunity levels
  • An assessment of end-industry behavior and opportunity
  • An anticipated timeline for industry recovery.

What is the key information extracted from the report? 

  • Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report. 
  • The report offers the present scenario and future growth prospects Market in various geographical regions. 
  • The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered. 
  • The SWOT analysis is conducted along with Porter’s Five Force analysis. 
  • The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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