Global Styrene Butadiene Styrene (SBS) Supply, Demand and Key Producers, 2023-2029
The global Styrene Butadiene Styrene (SBS) market size is expected to reach $ 5152.5 million by 2029, rising at a market growth of 2.9% CAGR during the forecast period (2023-2029).
Global 5 largest manufacturers of Styrene Butadiene Styrene (SBS) are LCY Chemical, Sinopec, Kraton, Dynasol and LG Chem, which make up over 55%. Among them, LCY Chemical is the leader with about 22% market share.
Asia-Pacific is the largest market, with a share over 55%, followed by Europe and Americas, both have a share about 40 percent. In terms of product type, Non-oil-extended SBS occupies the largest share of the total market, more than 65%. In terms of product application, Asphalt Modification occupies the largest share of the total market, about 35%.
Styrene-butadiene-styrene, or SBS, is a hard rubber that's used for things like the soles of shoes, tire treads, and other places where durability is important. It's a type of copolymer called a block copolymer. Its backbone chain is made up of three segments. The first is a long chain of polystyrene, the middle is a long chain of polybutadiene, and the last segment is another long section of polystyrene.
This report studies the global Styrene Butadiene Styrene (SBS) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Styrene Butadiene Styrene (SBS), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Styrene Butadiene Styrene (SBS) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Styrene Butadiene Styrene (SBS) total production and demand, 2018-2029, (K MT)
Global Styrene Butadiene Styrene (SBS) total production value, 2018-2029, (USD Million)
Global Styrene Butadiene Styrene (SBS) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Styrene Butadiene Styrene (SBS) consumption by region & country, CAGR, 2018-2029 & (K MT)
U.S. VS China: Styrene Butadiene Styrene (SBS) domestic production, consumption, key domestic manufacturers and share
Global Styrene Butadiene Styrene (SBS) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)
Global Styrene Butadiene Styrene (SBS) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Styrene Butadiene Styrene (SBS) production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT).
This reports profiles key players in the global Styrene Butadiene Styrene (SBS) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LCY Chemical, Kraton, Dynasol, LG Chem, Versalis, Sibur, KKPC, Asahi Kasei and TSRC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Styrene Butadiene Styrene (SBS) market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Styrene Butadiene Styrene (SBS) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Styrene Butadiene Styrene (SBS) Market, Segmentation by Type
Oil-extended SBS
Non-oil-extended SBS
Global Styrene Butadiene Styrene (SBS) Market, Segmentation by Application
Footwear
Asphalt Modification
Polymer Modification
Adhesives
Others
Companies Profiled:
LCY Chemical
Kraton
Dynasol
LG Chem
Versalis
Sibur
KKPC
Asahi Kasei
TSRC
Chimei
Sinopec
CNPC
Ningbo Changhong Polymer Scientific & Technical
Key Questions Answered
1. How big is the global Styrene Butadiene Styrene (SBS) market?
2. What is the demand of the global Styrene Butadiene Styrene (SBS) market?
3. What is the year over year growth of the global Styrene Butadiene Styrene (SBS) market?
4. What is the production and production value of the global Styrene Butadiene Styrene (SBS) market?
5. Who are the key producers in the global Styrene Butadiene Styrene (SBS) market?
6. What are the growth factors driving the market demand?