openPR Logo
Press release

Styrenic Block Copolymer (SBC) Market size over $10bn by 2023

09-19-2016 03:55 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc

Styrenic Block Copolymer (SBC) Market size over $10bn by 2023

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.

Request for sample pages@
http://bit.ly/2ddsGF1

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.

To access sample pages or purchase this report titled, “Styrenic Block Copolymer (SBC) Market Size By Product (Styrene-butadiene-styrene, Styrene-isoprene-styrene, Hydrogenated SBC), By Application (Paving & Roofing, Footwear, Advanced Materials, Adhesives, Sealants, Coatings), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Italy, China, India, Japan, Brazil), Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023”, please click on the link below:
http://bit.ly/2cT2zm3

Key insights from the report include:
Global styrenic block copolymer (SBC) market size is forecast to reach 2.84 million tons by 2023, growing at 4.8% CAGR. Rising preference for sustainable product and need to reduce dependency on PVA materials are key factors influencing industry growth.

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.

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.

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.

Styrenic block copolymer market share is moderately consolidated with Dynasol LCY Chemical, Kraton, and Sinopec being the major industry players.

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.

Read our insightful industry blogs:
https://gminsights.wordpress.com
http://www.fractovia.org

Contact Us:
Jack Davis
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

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.

29L Atlantic Avenue, Suite L 105
Ocean View, Delaware

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 Styrenic Block Copolymer (SBC) Market size over $10bn by 2023 here

News-ID: 364696 • Views: 625

More Releases from Global Market Insights, Inc

Global Hydraulic Hoist Market 2019 by regional trend & growth forecast to 2025 | …
Global Market Insights has recently added Hydraulic Hoist Market report which mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. The Asia Pacific regional Hydraulic Hoist Market is predicted to have the lion's share, in the entire forecast period. This regional market might cross USD 140.0 million till 2025, at CAGR more than 5.9%. The North America
Pharmacovigilance Outsourcing Market Growth Analysis by Product, Application, In …
U.S. pharmacovigilance outsourcing market dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug reactions
United Rentals | Construction Equipment Rental Market 2024 | Top Manufacturers U …
Construction Equipment Rental Market in Asia Pacific is expected to reach over USD 40 billion by 2024. The emerging trend of the organizations toward renting of heavy construction equipment will have a positive impact toward the industry demand. Rising wage rates in China coupled with the changing consumption patterns are generating a huge demand for the rental machinery. Construction Equipment Rental Market to cross $140 billion by 2024.
Automated Breast Ultrasound Systems Market Demand, Growth, Opportunities, Top Ke …
Automated Breast Ultrasound Systems Market size was valued over USD 590 million in 2017 and is expected to witness more than 16.0% CAGR from 2018 to 2024. The inception of automated breast ultrasound system (ABUS) market has completely revolutionized the diagnostic approach of breast cancer. Indeed, the increasing incidence of breast cancer across the world in the recent past has also added a dimension of growth to this industry. ABUS

All 5 Releases


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,
Market Intelligence Report Session Border Controller (SBC) Market, 2015-2025
Session Border Controller Market- Overview Session border controller is basically a device that governs the initiation, conduction and termination of a phone call on voice over internet protocol (VoIP) network. Session border controller acts as router which allows only authorized sessions to pass through the border between the enterprise and carrier service provider. Session border controller basically defines and monitors the quality of service (QoS) status for all sessions and
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
3.5" Embedded SBC with Intel Atom N450/D510/D410
Taiwan Commate Computer Inc.(COMMELL), announced its latest addition to the family of 3.5" Embedded Miniboard ---- LE-376. The embeded 3.5" miniboard based on the Intel Atom processor single core N450 & D410/ dual core D510, implemented in 45nm technology, is power-optimized and delivers robust performance-per-watt for cost-effective embedded solutions, the N450 TDP rating is only 5.5Watts / D410 is 10W and D510 dual core is still only 13W. Low power
COMMELL Launches FE-97G PICMG 1.0 SBC With Atom N270
(TAIPEI, TAIWAN, 11 June 2010) Taiwan Commate Computer Inc. (COMMELL), the worldwide leader of Single Board Computers, unveils the PICMG 1.0 CPU Card FE-97G based on the Intel 945GSE Express Chipset, supports Intel Atom processor N270, implemented in 45nm technology, is power-optimized and delivers robust performance-per-watt for cost-effective embedded solutions. The board offers all interfaces required solution and embedded lifecycle support for the fast and easy development of embedded market