Press release
Global Styrene Butadiene Styrene (SBS) Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-Magenta Technology,TaxiCaller,ICabbi
Styrene-butadiene-styrene, or SBS, is a hard rubber that"s used for things like the soles of shoes, tire treads, and other places where durability is important. It"s a type of copolymer called a block copolymer. Its backbone chain is made up of three segments. The first is a long chain of polystyrene, the middle is a long chain of polybutadiene, and the last segment is another long section of polystyrene.The global Styrene Butadiene Styrene (SBS) market was valued at US$ 4145 million in 2023 and is anticipated to reach US$ 5079 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
Global 5 largest manufacturers of Styrene Butadiene Styrene (SBS) are LCY Chemical, Sinopec, Kraton, Dynasol and LG Chem, which make up over 55%. Among them, LCY Chemical is the leader with about 22% market share.
Asia-Pacific is the largest market, with a share over 55%, followed by Europe and Americas, both have a share about 40 percent. In terms of product type, Non-oil-extended SBS occupies the largest share of the total market, more than 65%. In terms of product application, Asphalt Modification occupies the largest share of the total market, about 35%.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Styrene Butadiene Styrene (SBS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Styrene Butadiene Styrene (SBS).
The Styrene Butadiene Styrene (SBS) market size, estimations, and forecasts are provided in terms of sales quantity (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Styrene Butadiene Styrene (SBS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Styrene Butadiene Styrene (SBS) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
LCY Chemical
Kraton
Dynasol
LG Chem
Versalis
Sibur
KKPC
Asahi Kasei
TSRC
Chimei
Sinopec
CNPC
Ningbo Changhong Polymer Scientific & Technical
Segment by Type
Oil-extended SBS
Non-oil-extended SBS
Segment by Application
Footwear
Asphalt Modification
Polymer Modification
Adhesives
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Styrene Butadiene Styrene (SBS) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of Styrene Butadiene Styrene (SBS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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