Press release
Styrenic Block Copolymer (SBC) Market size over $10bn by 2023
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: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for SBC
Enterprise Session Border Controller (SBC) Market Size And Forecast
Enterprise Session Border Controller (SBC) Market Outlook & Investment Analysis
The Enterprise Session Border Controller (SBC) market is experiencing significant growth due to increasing adoption of VoIP, cloud communications, and secure enterprise connectivity solutions. Organizations are leveraging SBCs to enhance security, ensure regulatory compliance, and optimize real-time communications. The market is poised for expansion, driven by rising demand from sectors such as IT & telecom, healthcare, and financial services.
Get the full…
SBC Market to Signify Strong Growth by 2024-2031
The SBC Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2024-2031). Users in remote branch offices, home workers/remote workers, and unified communications as a service (UCaaS) providers all have secure voice and video connectivity provided by enterprise session border controllers (E-SBCs), which are located at the edge of the enterprise network. The following is where the term "session border controller" originates…
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,…
Asterisk Announce SBC Solution for VOIP in 2019
Asterisk Service, a unit of Ecosmob, global VoIP technology leaders, announced availability of SBC solutions for VoIP service providers that meet emerging trends and needs in 2019.
Speaking on the occasion, the company’s VP said, “VoIP wired and wireless networks are evolving and follow different paths using H.248, MGC and SIGTRAN as well as H323 protocols. Further, the trend for 2019 is to go in for hosted services and, in…
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…
