Global Styrenic Block Copolymer (SBC) Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Styrenic Block Copolymer (SBC) Industry Forecast” looks at past sales and reviews total world Styrenic Block Copolymer (SBC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Styrenic Block Copolymer (SBC) sales for 2023 through 2029. With Styrenic Block Copolymer (SBC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Styrenic Block Copolymer (SBC) industry.
This Insight Report provides a comprehensive analysis of the global Styrenic Block Copolymer (SBC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Styrenic Block Copolymer (SBC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Styrenic Block Copolymer (SBC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Styrenic Block Copolymer (SBC) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Styrenic Block Copolymer (SBC).
The global Styrenic Block Copolymer (SBC) market size is projected to grow from US$ 6072.3 million in 2022 to US$ 7419.9 million in 2029; it is expected to grow at a CAGR of 7419.9 from 2023 to 2029.
China is the largest Styrenic Block Copolymers (SBCs) market with about 39% market share. North America is follower, accounting for about 22% market share.
The key players are Kraton, Dynasol, Versalis, Kuraray, Asahi Kasei, Kumho Petrochemical, LG Chem, LCY, TSRC, Sinopec, CNPC, Keyuan, Jusage etc. Top 3 companies occupied about 50% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Styrenic Block Copolymer (SBC) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Styrene Butadiene Styrene
Styrene Isoprene Styrene
Hydrogenated Styrenic Block Copolymer
Segmentation by application
Personal Care
Packaging & Industrial Adhesives
Footwear Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kraton
Dynasol
Kuraray
Asahi Kasei
Kumho Petrochemical
LG Chem
TSRC
Chi Mei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Styrenic Block Copolymer (SBC) market?
What factors are driving Styrenic Block Copolymer (SBC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Styrenic Block Copolymer (SBC) market opportunities vary by end market size?
How does Styrenic Block Copolymer (SBC) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.