Global Styrene Ethylene Butylene Styrene (SEBS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Styrene Ethylene Butylene Styrene (SEBS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Styrene-ethylene-butylene-styrene, also known as SEBS, is an important thermoplastic elastomer (TPE) which behaves like rubber without undergoing vulcanization. SEBS is strong and flexible, has excellent heat and UV resistance and is easy to process.

Market Overview:

The latest research study on the global Styrene Ethylene Butylene Styrene (SEBS) market finds that the global Styrene Ethylene Butylene Styrene (SEBS) market reached a value of USD 1854.31 million in 2022. It’s expected that the market will achieve USD 3381.92 million by 2028, exhibiting a CAGR of 10.53% during the forecast period.

Limitations

Innovation of technology is a promote factor of this industry, however, lack of technology and process breakthrough will be one of the hamper factors.
This industry is facing a fierce competition. Increase in suppliers within the industry will pose a threat to existing suppliers.
In a whole, the price of raw materials will be in a fluctuation state, which increase the uncertainty about the cost of the industry, sometimes, lead to high cost.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

Kraton Corporation is one of the major players operating in the Styrene Ethylene Butylene Styrene (SEBS) market, holding a share of 29.35% in 2018.

Kraton Polymers LLC, together with its subsidiaries, manufactures and markets styrenic block copolymers (SBCs) worldwide. It manufactures commercial grades of SBCs, which are engineered synthetic elastomers based upon polymer chemistry and process technologies, including unhydrogenated SBCs; hydrogenated SBCs; isoprene rubber, a non-SBC product for the production of medical products, adhesives, tackifiers, paints, coatings, and photo-resistors; isoprene rubber latex, a substitute for natural rubber latex; and compounds that are used primarily in soft-touch grips, sporting equipment, automotive components, and personal care products. The company’s products are used in advanced materials.

TSRC Corporation manufactures and markets synthetic rubber and elastomers, and applied materials in Taiwan and internationally. Its products include ESBR rubber for use in automotive tires, shoe soles, conveyor belts, military caterpillar and tow trucks tracks, sports equipment, and toys; SSBR rubber for use in energy-saving, high performance, and all-season tires; BR rubber that is used in the production of plastic modification for HIPS and high-speed radial tires; and NBR rubber for use in oil hoses, oil seals, rollers, industrial gaskets, belts, shoe soles, rubber plastic foam sheets, and conveyor belts. The company also provides styrene-butadiene-styrene, styrene-isoprene-styrene.

Segmentation Overview:

Among different product types, Pellets segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Polymer Modification segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Styrene Ethylene Butylene Styrene (SEBS) market covered in Chapter 3:

Ningbo Oretel Polymer Co.,Ltd.
TSRC Corporation
Sinopec Group
LCY GROUP
Kraton Corporation
Eni S.p.A.
Dynasol Grupo
Asahi Kasei Corporation
Ningbo Keyuan Petrochemicals Inc.
Kuraray Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Styrene Ethylene Butylene Styrene (SEBS) market from 2018 to 2029 is primarily split into:

Pellets
Powder

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Styrene Ethylene Butylene Styrene (SEBS) market from 2018 to 2029 covers:

Polymer Modification
Automotive compounds
Sporting and toys
Footwear
Adhesives
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)