Press release
Sinopec, Dynasol LCY Chemical, Zeon Corporation, Chi Mei Corp, Versalis, Profiled in Styrenic Block Copolymer Market Report 2018 by GMI LG Chem, Chevron Phillips Chemical Company, JSR Corporation,
Styrenic Block Copolymer (SBC) Market
Paving & roofing was the major revenue generating application and was valued at USD 1.98 billion in 2015. Increasing construction industry spending owing to rising trend for interior designing in homes and commercial spaces has majorly influenced application demand.
Styrenic block copolymer market share is moderately consolidated with Dynasol LCY Chemical, Kraton, and Sinopec being the major industry players.
Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/483
Other notable companies include BASF, Chi Mei Corp, Versalis, Zeon Corporation, Styrolution, Denki TSRC, Momentive Specialty Chemicals, Kumho Petrochemicals, Chevron Phillips, LG Chemicals, En Chuan, Asahi Kasei, JX Nippon Oil & Energy, and JSR Corporation.
Global (SBC) Styrenic Block Copolymer Market size was 1.96 million tons in 2015 as per the latest research report by Global Market Insights, Inc. Increasing medical and healthcare industry expansion owing to rise in consumer per capita income along with growing health consciousness are expected driving factors to stimulate styrenic block copolymer market growth.
Styrenic block copolymer (SBC) market size is forecast to reach USD 10.01 billion valuation by 2023. Growing concerns pertaining to baby health coupled with increase in consumer affordability should positively influence industry growth. Styrene butadiene styrene (SBS) market was a key product segment, valued at USD 4.5 billion in 2015. Improving baby diapers fit and comfort owing to elastomeric materials are key properties to encourage styrenic block copolymers market growth. Latin America and Asia Pacific are the major consumers owing to growing infancy birth rate.
Footwear applications are forecast to grow at more than 4% CAGR up to 2023. Global footwear industry expansion owing to rise in living standard accompanied by growing consumer demand for more reliable and comfort footwear are potential factors to enhance styrenic block market growth. Styrenic block copolymers are used to make shoe sole; high resilience is among the key quality to encourage its use in footwear applications. Shift in industry focus to reduce dependency on polyvinyl chloride mainly in medical applications to avoid health hazards are potential factors to fuel styrenic block copolymer market growth. Medical tubing, syringes, and medical bags are the major products which uses SBC.
Supportive regulatory compliance from U.S. Pharmacopoeia and FDA to reduce PVC dependency and approval to use SBC are favorable factors to encourage industry growth. Political unrest in Middle East may affect pricing of crude oil & natural gas and in turn affect styrenic block copolymer market price trend. APAC, led by China & India styrenic block copolymer market size, dominated the regional industry demand and should register close to USD 4.34 billion by 2023., rapid growth in manufacturing industry owing to availability of skilled labor in China were the potential factors influenced regional demand.
Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/483
China SBS market size may register over USD 1.9 billion by 2023 and with expected gains at 5.9% CAGR. North America, predominant by U.S., is projected to witness 4.5% CAGR up to 2023. Supportive government regulations to use SBC are expected factors to fuel regional demand. U.S. automotive applications may register over 40 kilo tons by 2023 with expected gains at 4.8% CAGR.
Europe, led by Germany, France, Italy and UK, may observe below average industry gains at 4.3%. Germany paving & roofing applications may be worth at over USD 245 million by 2023.
Positive construction outlook in Saudi Arabia & UAE may drive paving & roofing application scope in MEA and register over 85 kilo tons by 2023 with expected gains at 5.0% CAGR.
Report Content:
Global Market Insights has segmented the styrenic block copolymer industry on the basis of product, application and region:
SBC Market Product Analysis (Volume: Kilo Tons, Revenue, USD Million, 2012 - 2023)
• SBS
• SIS
• HSBC
SBC Market Application Analysis (Volume: Kilo Tons, Revenue, USD Million, 2012 - 2023)
• Paving & Roofing
• Footwear
• Automotive
• Advanced Materials
• Adhesives, Sealants & Coatings
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sinopec, Dynasol LCY Chemical, Zeon Corporation, Chi Mei Corp, Versalis, Profiled in Styrenic Block Copolymer Market Report 2018 by GMI LG Chem, Chevron Phillips Chemical Company, JSR Corporation, here
News-ID: 1298759 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for SBC
Global Single Board Computer (SBC) Market Research Report
This report studies the global Single Board Computer (SBC) market status and forecast, categorizes the global Single Board Computer (SBC) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=55211
Table of Contents:
Table of Contents
Global Single Board Computer (SBC) Market Research Report 2018
1 Single Board…
Why Use Inforce SBC(Single Board Computer)?
The Single Board Computer(SBC) is a ready to use reference embedded platform that has all the necessary peripheral interfaces required to rapidly prototype your product. This usually comes in standard Pico ITX or Credit Card Size form factors. Inforce currently has the IFC6640, IFC6560 and the IFC6309 which uses the Snapdragon 820, Snapdragon 660 and the Snapdragon 410 respectively. SBC’s usually exposes all interfaces available to the SOC like GPIO’s/BLSP’s,…
Ecosmob Technologies Announced Advanced SBC Solution Development In FreeSWITCH
Ecosmob Technologies is a well known name in the VoIP industry. The company has been serving its local and international clients with the simple to advanced VoIP solutions. The company has been operating in this industry for more than 9 years from their operational office, which is situated in the, Ahmedabad, Gujarat, India. The company is renowned in bringing advanced and innovative solutions for its customers. A recent announcement made…
Ecosmob Announced SBC Solution Development For Enhanced VoIP Communication
For any business sector, data security is one of the main concerns, especially when it is related to VoIP (Voice over Internet Protocol). Yes, it is true that a firewall can provide security against data network traffic but what about the enterprise's communication network? Session Border Controller is the solution to it! SBC software makes sure that the enterprise works on secured remote servers with easy deployment and provision across…
Ecosmob Technologies Announced To Offer Custom SBC Solution
Ecosmob Technologies is a well known name in the VoIP industry. The company has been offering a whole range of VoIP solutions for more than 9 years. The company has been serving its local and international clients with their client centric approach. Recently, representative of Ecosmob Technologies announced about their latest offering. The company offers custom Session Border Controller Software development services. The clients can select the number of features…
Border Controller (SBC) Industry Market Research Report 2016
Ask a sample or any question, please email to:
lemon@qyresearchglobal.com or lemon@qyresearch.com
This report studies Session Border Controller (SBC) in Global market, especially in United States, Europe, China, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2016, and forecast to 2021.
Parts of Chapter showed:
Chapter One Industry Overview of Session Border Controller (SBC)
1.1 Definition and Specifications of Session Border Controller (SBC)
1.1.1…
