Global Styrenic Block Copolymers (SBCs) Market Growth 2019-2024

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.

The technical barriers of SBCs are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Japan and USA. The key companies in SBCs market include Kraton, Dynasol, LG Chem, LCY, TSRC, Sinopec, Versalis, CNPC, and Keyuan. In 2015, the demand for SIS/SEBS in all regions is leveling off. Looking toward 2016, the demand for special SBS products in the high added-value application market is still good, and the demand for SIS/SEBS will gradually improve along with the global economy. The demand for these products will grow steadily.

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SBCs are widely used in adhesives, sealants, polymer, paving and roofing, coatings, candle and personal care applications and others. In 2014, SBCs for footwear industry and asphalt modifier consumption occupy more than 50% of total amount. In recent years, China has become the largest world market for SBCs, surpassing North America and Europe. China is the leading footwear producer in the world, followed by India. The growing footwear industry in China, India and Thailand, and increasing consumption in polymer modifier and asphalt modifier is expected to boost the demand for SBCs over the forecast period. Therefore, increasing demand for SBCs is expected to support the growth over forecast period. SBCs industry will usher in a stable growth space.

According to this study, over the next five years the Styrenic Block Copolymers (SBCs) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Styrenic Block Copolymers (SBCs) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Styrenic Block Copolymers (SBCs) market by product type, application, key manufacturers and key regions and countries.

This study considers the Styrenic Block Copolymers (SBCs) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
SBS
SIS
SEBS
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Footwear Industry
Roofing
Paving
Personal Care
Packaging & Industrial Adhesives

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kraton
Dynasol
Versalis
Kuraray
Asahi Kasei
Kumho Petrochemical
LG Chem
LCY
TSRC
Sinopec
CNPC
Keyuan
Jusage

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global Styrenic Block Copolymers (SBCs) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Styrenic Block Copolymers (SBCs) market by identifying its various subsegments.
Focuses on the key global Styrenic Block Copolymers (SBCs) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Styrenic Block Copolymers (SBCs) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Styrenic Block Copolymers (SBCs) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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