Gobal Styrenic Block Copolymer (SBC) Market Opportunities & Forecast to 2024
Category: #reports  By Madhuri Pawar  Date: 2019-03-15
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Gobal Styrenic Block Copolymer (SBC) Market Opportunities & Forecast to 2024

The Graphical Research represent a Styrenic Block Copolymer (SBC) Market report that offers important details pertaining to market share, market size, profit estimations, applications and statistics of this industry. The report further presents a detailed competitive analysis including growth strategies adopted by key players of the industry. 

“Styrenic Block Copolymer Market is projected to surpass $10.5 bn by 2024". Expansion of healthcare and medical industries, rise in disposable income of consumers, a nd growing health awareness is projected to drive the industry share. These copolymers are primarily used to produce leg elastics, landing zone, ear panels, and waistbands in the baby diapers. Demand for comfort pertaining to baby diapers has encouraged manufacturers to use various SBC products such as SBS, SEPS, SEBS, SIS, etc. The use of SBC in manufacturing of medical bags, syringes, and medical tubing is predicted to further boost its demand over the coming nine years.

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The application segment comprises advanced materials, paving & roofing, coatings, adhesives, footwear, and sealants. SBC market size in footwear industry is anticipated to register a CAGR of around 4% over 2018-2024. The growth can be attributed to improvement in living standards accompanied by rising consumer demand for durable and comfortable footwear. Furthermore, high resilience property offered by SBC enables its prominent use in footwear applications.

SBC market is segmented in terms of products, applications, and regions. The product segment comprises hydrogenated SBC, styrene-isoprene-styrene (SIS), and styrene-butadiene-styrene (SBS). Hydrogenated SBC market is expected to record a CAGR of around 5.5% over 2018-2024 in terms of volume. The growth is primarily driven by the demand to obtain sustainable sealants & adhesives for construction industry.

Key industry players include Versalis SPA Company, Chi Mei Corporation, Zeon Corporation, Denki Company, Styrolution Company, BASF, Kumho Petrochemical Company, Chevron Phillips Chemical, LG Chemicals Company, En Chuan Chemical Industries Company Limited, Asahi Kasei Chemical Company, and JSR Corporation.

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Segments We Cover:

SBC Market Application Analysis
Paving & Roofing
Footwear
Automotive
Advanced Materials
Adhesives, Sealants & Coatings

SBC Market Product Analysis
SBS
SIS
HSBC

SBC Market Regional Analysis 
North America
U.S.
Europe
Germany
France
UK
Italy
Asia Pacific
China
India
Japan
Latin America
Brazil
Middle East & Africa

Browse this report in detail along with the table of contents at:

https://www.graphicalresearch.com/industry-insights/1090/styrenic-block-copolymer-SBC-market

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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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