The global styrene butadiene styrene (SBS) market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the SBS market is driven by its wide range of applications in various industries such as footwear, asphalt modification, polymer modification and adhesives. The demand for SBS in these industries is increasing due to its properties such as high heat resistance and low cost which make it an ideal material for manufacturing products that require high-temperature resistance and durability.
The global SBS market has been segmented on the basis of type into nooiextended SBS and oiextended SBS; on the basis of application into footwear, asphalt modification, polymer modification and adhesives; and on the basis of region into North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA). In terms of type segmentation, nooiextended SBS accounted for a larger share in 2017 owing to its lower price compared with oiextended SBS which makes it more affordable for manufacturers who are looking for cheaper alternatives than oiextended SBS. In terms of application segmentation, footwear accounted for a larger share in 2017 owing to increased demand from shoe manufacturers across different regions globally due to rising disposable income levels among consumers coupled with changing lifestyles that have led them towards buying more shoes than ever before.
Some Of The Growth Factors Of This Market:
- Increasing demand for thermoplastic elastomers in automotive and construction industries due to their high durability and low maintenance cost.
- Increasing use of SBS in various applications such as adhesives, sealants, coatings, paints & coatings.
- Growing population.
Industry Growth Insights published a new data on “Styrene Butadiene Styrene (SBS) Market”. The research report is titled “Styrene Butadiene Styrene (SBS) Market research by Types (Non-oil-extended SBS, Oil-extended SBS), By Applications (Footwear, Asphalt Modification, Polymer Modification, Adhesives, Others), By Players/Companies LCY Chemical, Kraton, Dynasol, LG Chem, Versalis, Sibur, KKPC, Asahi Kasei, TSRC, Chimei, Sinopec, CNPC, Keyuan Petrochemicals”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Styrene Butadiene Styrene (SBS) Market Research Report
By Type
Non-oil-extended SBS, Oil-extended SBS
By Application
Footwear, Asphalt Modification, Polymer Modification, Adhesives, Others
By Companies
LCY Chemical, Kraton, Dynasol, LG Chem, Versalis, Sibur, KKPC, Asahi Kasei, TSRC, Chimei, Sinopec, CNPC, Keyuan Petrochemicals
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Styrene Butadiene Styrene (SBS) Market Report Segments:
The global Styrene Butadiene Styrene (SBS) market is segmented on the basis of:
Types
Non-oil-extended SBS, Oil-extended SBS
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, Asphalt Modification, Polymer Modification, Adhesives, Others
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:
- LCY Chemical
- Kraton
- Dynasol
- LG Chem
- Versalis
- Sibur
- KKPC
- Asahi Kasei
- TSRC
- Chimei
- Sinopec
- CNPC
- Keyuan Petrochemicals
 Market Overview.svg)
Highlights of The Styrene Butadiene Styrene (SBS) 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:
- Non-oil-extended SBS
- Oil-extended SBS
- By Application:
- Footwear
- Asphalt Modification
- Polymer Modification
- Adhesives
- Others
- 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 Styrene Butadiene Styrene (SBS) 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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 Market Statistics.svg)
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?
Styrene butadiene styrene (SBS) is a type of plastic that is made from styrene and butadiene. It has a low melting point, so it can be easily molded into products. SBS is often used in products that need to be lightweight, such as toys and packaging.
Some of the key players operating in the styrene butadiene styrene (sbs) market are LCY Chemical, Kraton, Dynasol, LG Chem, Versalis, Sibur, KKPC, Asahi Kasei, TSRC, Chimei, Sinopec, CNPC, Keyuan Petrochemicals.
The styrene butadiene styrene (sbs) market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Styrene Butadiene Styrene (SBS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Styrene Butadiene Styrene (SBS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Styrene Butadiene Styrene (SBS) Market - Supply Chain
4.5. Global Styrene Butadiene Styrene (SBS) Market Forecast
4.5.1. Styrene Butadiene Styrene (SBS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Styrene Butadiene Styrene (SBS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Styrene Butadiene Styrene (SBS) Market Absolute $ Opportunity
5. Global Styrene Butadiene Styrene (SBS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Type
5.3.1. Non-oil-extended SBS
5.3.2. Oil-extended SBS
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Styrene Butadiene Styrene (SBS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Application
6.3.1. Footwear
6.3.2. Asphalt Modification
6.3.3. Polymer Modification
6.3.4. Adhesives
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Styrene Butadiene Styrene (SBS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Styrene Butadiene Styrene (SBS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Styrene Butadiene Styrene (SBS) Demand Share Forecast, 2019-2026
9. North America Styrene Butadiene Styrene (SBS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Application
9.4.1. Footwear
9.4.2. Asphalt Modification
9.4.3. Polymer Modification
9.4.4. Adhesives
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Type
9.7.1. Non-oil-extended SBS
9.7.2. Oil-extended SBS
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Styrene Butadiene Styrene (SBS) Demand Share Forecast, 2019-2026
10. Latin America Styrene Butadiene Styrene (SBS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Application
10.4.1. Footwear
10.4.2. Asphalt Modification
10.4.3. Polymer Modification
10.4.4. Adhesives
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Type
10.7.1. Non-oil-extended SBS
10.7.2. Oil-extended SBS
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Styrene Butadiene Styrene (SBS) Demand Share Forecast, 2019-2026
11. Europe Styrene Butadiene Styrene (SBS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Application
11.4.1. Footwear
11.4.2. Asphalt Modification
11.4.3. Polymer Modification
11.4.4. Adhesives
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Type
11.7.1. Non-oil-extended SBS
11.7.2. Oil-extended SBS
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Styrene Butadiene Styrene (SBS) Demand Share, 2019-2026
12. Asia Pacific Styrene Butadiene Styrene (SBS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Application
12.4.1. Footwear
12.4.2. Asphalt Modification
12.4.3. Polymer Modification
12.4.4. Adhesives
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Type
12.7.1. Non-oil-extended SBS
12.7.2. Oil-extended SBS
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Styrene Butadiene Styrene (SBS) Demand Share, 2019-2026
13. Middle East & Africa Styrene Butadiene Styrene (SBS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Styrene Butadiene Styrene (SBS) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Application
13.4.1. Footwear
13.4.2. Asphalt Modification
13.4.3. Polymer Modification
13.4.4. Adhesives
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Styrene Butadiene Styrene (SBS) Market Size and Volume Forecast by Type
13.7.1. Non-oil-extended SBS
13.7.2. Oil-extended SBS
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Styrene Butadiene Styrene (SBS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Styrene Butadiene Styrene (SBS) Market: Market Share Analysis
14.2. Styrene Butadiene Styrene (SBS) Distributors and Customers
14.3. Styrene Butadiene Styrene (SBS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LCY Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kraton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dynasol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LG Chem
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Versalis
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sibur
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KKPC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Asahi Kasei
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TSRC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chimei
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sinopec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CNPC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Keyuan Petrochemicals
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
