Market Overview:
The global styrenic block copolymer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for styrenic block copolymers from various applications, such as footwear industry, roofing, paving, personal care, packaging & industrial adhesives and others. In terms of type, SBS segment is expected to dominate the global styrenic block copolymer market during the forecast period owing to its properties such as high impact resistance and good abrasion resistance. Asia Pacific is projected to be the fastest-growing region in terms of value during the forecast period.
Product Definition:
A styrenic block copolymer is a type of polymer made from two or more types of monomers, usually styrene and acrylonitrile. These polymers are often used in the production of plastics and rubber products.
SBS:
SBS, also known as styrenic block copolymer or polystyrene-block-polybutadiene, is a synthetic rubber material. It has high resistance to solvents and acids and low to moderate resistance to alkalis. SBS offers several advantageous properties such as excellent abrasion & chemical resistance along with good impact strength & flex fatigue toughness making it suitable for applications in the automotive industry.
SIS:
SIS is short for styrenic block copolymer. It is a type of synthetic rubber that can be processed like natural rubber but has better properties than most other synthetic rubbers such as high temperature resistance and good aging characteristics. SBCs are produced by the polymerization of styrene, butadiene, and chloroprene.
Application Insights:
The footwear industry was the largest application segment in 2016, accounting for over 30.0% share of the global volume. The product is widely used in manufacturing lightweight and durable shoes that are suitable for outdoor sports activities such as hiking, running, and camping. Furthermore, increasing demand from major shoe manufacturers including Nike Inc., Adidas America Inc., Puma SE etc. is expected to drive growth over the forecast period.
The roofing industry was another significant application segment accounting for around 19% share of total volume in 2016 due to its rising applications across various building materials including asphalt shingles, tiles & slates and fiberglass insulation products on account of their durability coupled with ease of installation process which includes a high melting point (MTP) & low shrinkage rate (LSR).
Regional Analysis:
Europe accounted for the largest market share in 2017 and is expected to witness significant growth over the forecast period. The region is characterized by stringent regulations regarding environmental performance, which has led to a rise in demand for sustainable products. Europe was followed by Asia Pacific, which accounted for 29% of the total revenue share in 2017 owing to high product consumption coupled with rapid industrialization and urbanization resulting from increasing disposable income levels.
The styrenic block copolymer industry in China witnessed exponential growth due to its rapidly expanding construction sector on account of easy access finance along with rising population; leading to an increase in residential as well as non-residential construction spending over the past few years. This factor is anticipated to have a positive impact on industry expansion over the next eight years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction and packaging
- Rising demand for lightweight and durable materials in automotive sector
- Growing construction industry in developing countries
- Increasing use of styrenic block copolymers in food packaging applications
- Technological advancements that improve the properties of styrenic block copolymers
Scope Of The Report
Report Attributes
Report Details
Report Title
Styrenic Block Copolymer Market Research Report
By Type
SBS, SIS, SEBS, Other
By Application
Footwear Industry, Roofing, Paving, Personal Care, Packaging & Industrial Adhesives, Other
By Companies
Kraton, Dynasol, Versalis, Kuraray, Asahi Kasei, Kumho Petrochemical, LG Chem, LCY, TSRC, Sinopec, CNPC, Keyuan, Jusage
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Styrenic Block Copolymer Market Report Segments:
The global Styrenic Block Copolymer market is segmented on the basis of:
Types
SBS, SIS, SEBS, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Footwear Industry, Roofing, Paving, Personal Care, Packaging & Industrial Adhesives, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kraton
- Dynasol
- Versalis
- Kuraray
- Asahi Kasei
- Kumho Petrochemical
- LG Chem
- LCY
- TSRC
- Sinopec
- CNPC
- Keyuan
- Jusage
Highlights of The Styrenic Block Copolymer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- SBS
- SIS
- SEBS
- Other
- By Application:
- Footwear Industry
- Roofing
- Paving
- Personal Care
- Packaging & Industrial Adhesives
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Styrenic Block Copolymer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Styrenic block copolymer is a type of polymer that is made up of two or more types of styrene molecules. These molecules are linked together in a repeating pattern, which gives the polymer its distinctive blocky shape. Styrenic block copolymers are often used as synthetic materials for products such as car parts and medical devices, because they have high strength and resistance to heat and chemicals.
Some of the key players operating in the styrenic block copolymer market are Kraton, Dynasol, Versalis, Kuraray, Asahi Kasei, Kumho Petrochemical, LG Chem, LCY, TSRC, Sinopec, CNPC, Keyuan, Jusage.
The styrenic block copolymer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Styrenic Block Copolymer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Styrenic Block Copolymer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Styrenic Block Copolymer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Styrenic Block Copolymer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Styrenic Block Copolymer Market Size & Forecast, 2020-2028
4.5.1 Styrenic Block Copolymer Market Size and Y-o-Y Growth
4.5.2 Styrenic Block Copolymer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 SBS
5.2.2 SIS
5.2.3 SEBS
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Footwear Industry
6.2.2 Roofing
6.2.3 Paving
6.2.4 Personal Care
6.2.5 Packaging & Industrial Adhesives
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Styrenic Block Copolymer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Styrenic Block Copolymer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 SBS
9.6.2 SIS
9.6.3 SEBS
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Footwear Industry
9.10.2 Roofing
9.10.3 Paving
9.10.4 Personal Care
9.10.5 Packaging & Industrial Adhesives
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 SBS
10.6.2 SIS
10.6.3 SEBS
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Footwear Industry
10.10.2 Roofing
10.10.3 Paving
10.10.4 Personal Care
10.10.5 Packaging & Industrial Adhesives
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 SBS
11.6.2 SIS
11.6.3 SEBS
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Footwear Industry
11.10.2 Roofing
11.10.3 Paving
11.10.4 Personal Care
11.10.5 Packaging & Industrial Adhesives
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 SBS
12.6.2 SIS
12.6.3 SEBS
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Footwear Industry
12.10.2 Roofing
12.10.3 Paving
12.10.4 Personal Care
12.10.5 Packaging & Industrial Adhesives
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 SBS
13.6.2 SIS
13.6.3 SEBS
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Footwear Industry
13.10.2 Roofing
13.10.3 Paving
13.10.4 Personal Care
13.10.5 Packaging & Industrial Adhesives
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Styrenic Block Copolymer Market: Competitive Dashboard
14.2 Global Styrenic Block Copolymer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kraton
14.3.2 Dynasol
14.3.3 Versalis
14.3.4 Kuraray
14.3.5 Asahi Kasei
14.3.6 Kumho Petrochemical
14.3.7 LG Chem
14.3.8 LCY
14.3.9 TSRC
14.3.10 Sinopec
14.3.11 CNPC
14.3.12 Keyuan
14.3.13 Jusage
