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Global Styrenic Block Copolymer (SBC) Market 2017-2021

Global Styrenic Block Copolymer (SBC) Market 2017-2021

About Styrenic Block Copolymer (SBC)

Styrenic block copolymer is also known as SBC. They belong to the group of thermoplastic elastomers (TPE). TPE have rubber like properties and are processed as thermoplastics. SBC is used as an additive in various applications such as footwear, roofing, and adhesives. SBCs are categorized as per their ability to be processed as thermoplastic materials. They showcase good elastic qualities and good flexibility at lower temperatures. However, they are mostly used at a higher temperature, because of their low softening points.

Technavio’s analysts forecast the global Styrenic Block Copolymer (SBC) market to grow at a CAGR of 5.14% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global Styrenic Block Copolymer (SBC) market for 2017-2021. To calculate the market size, the report considers the sales of the volume is considered for product types global SBC market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Styrenic Block Copolymer (SBC) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • China Petrochemical Corporation
  • Dynasol
  • LCY Group
  • PolyOne
  • TSRC
Other prominent vendors
  • ZEON CHEMICALS
  • LG Chemicals
  • Chevron Phillips
  • En Chuan Chemicals
  • JSR Corporation
  • Eastman Chemical
  • Kumho petrochemicals
Market driver
  • Growing infrastructure industry in China
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw materials prices
  • For a full, detailed list, view our report
Market trend
  • Emergence of bio-based alternatives of synthetic SBCs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Styrenic Block Copolymer (SBC) Market 2017-2021

Technavio recognizes the following companies as the key players in the global Styrenic Block Copolymer (SBC) market: China Petrochemical Corporation, Dynasol, LCY Group, PolyOne, and TSRC

Other Prominent Vendors in the market are: ZEON CHEMICALS, LG Chemicals, Chevron Phillips, En Chuan Chemicals, JSR Corporation, Eastman Chemical, and Kumho petrochemicals.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emergence of bio-based alternatives of synthetic SBCs. The rise in the raw material prices, high competition, and technology advances are adding to the adoption of the bio-based alternative of synthetic SBC's. Synthetic SBC's can be replaced by using soybean based SBCs in various applications such as personal care and coating application. Soybean-based SBCs are cost effective as well.”

According to the report, one of the major drivers for this market is Growing infrastructure industry in China. The rapid development of rail and road infrastructure by the government to sustain the fast-growing industrial sectors has resulted in significant growth of the construction industry in China in the recent years. As the construction industry in China is dominated by state-owned enterprises, the investment by the government has propelled the country to the forefront in the global scenario. In addition, the entry of major players in the construction industry from the European Union (EU), in the remunerative Chinese market in recent years has further fostered the growth in the Chinese construction industry.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw materials prices. Constant fluctuations in the prices of raw materials used in the manufacture of SBC pose a challenge to SBC manufacturers. Styrene, isoprene, and butadiene are the raw materials used to produce SBC. They are manufactured from ethyl benzene and naphtha. The price of both petrochemicals depends on the price of crude oil. Because of the volatile political situation in Iraq, the second largest producer of crude oil in Organization of the Petroleum Exporting Countries (OPEC), there have been increased fluctuations in the price of crude oil in the international market. This has resulted in a significant increase in the prices of styrene, isoprene, and butadiene. As the prices of SBC cannot keep up with the fluctuating prices of their raw materials, there is a rift between production costs and sales values among SBC manufacturers.

Companies Mentioned

China Petrochemical Corporation, Dynasol, LCY Group, PolyOne, and TSRC, ZEON CHEMICALS, LG Chemicals, Chevron Phillips, En Chuan Chemicals, JSR Corporation, Eastman Chemical, and Kumho petrochemicals.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market size and forecast
      • Table Global SBC market 2016 and 2021 (kilotons)
      • Table Market forecast: Global SBC market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Overview: Global SBC market by product type
      • Table Global SBC market by product type 2016
      • Table Global SBC market by product type 2021
    • Global SBC market by SBS
      • Table Global SBC market by SBS 2016 and 2021 (kilotons)
      • Table Global SBC market by SBS 2016-2021
    • Global SBC market by HSBC
      • Table Global SBC market by HSBC 2016 and 2021 (kilotons)
      • Table Global SBC market by HSBC 2016- 2021
    • Global SBC market by SIS
      • Table Global SBC market by SIS 2016 and 2021 (kilotons)
      • Table Global SBC market by SIS 2016- 2021
  • Market segmentation by application
    • Overview: Global SBC market by application
      • Table Global SBC market by application 2016
      • Table Global SBC market by application 2021
    • Global SBC market by roofing and paving
      • Table Global SBC market for roofing and paving 2016 and 2021 (kilotons)
      • Table Global SBC market for roofing and paving segment 2016-2021
    • Global SBC market for footwear
      • Table Global SBC market for footwear 2016 and 2021 (kilotons)
      • Table Global SBC market by footwear 2016-2021
    • Global SBC market by advanced material
      • Table Global SBC market for advanced material 2016 and 2021 (kilotons)
      • Table Global SBC market by advanced material 2016-2021
      • Table Vehicle production in Brazil and US 2015-2020 (million units)
    • Global SBC market by others
      • Table Global SBC market for others 2016 and 2021 (kilotons)
      • Table Global SBC market by others 2016-2021
  • Market segmentation by geography
    • Overview: Global SBC market by geography
      • Table Global SBC market by geography 2016
      • Table Global SBC market by geography 2021
    • SBC market in APAC
      • Table SBC market in APAC 2016 and 2021 (kilotons)
      • Table SBC market in APAC 2016-2021
    • SBC market in Americas
      • Table SBC market in Americas 2016 and 2021 (kilotons)
      • Table SBC market in Americas 2016-2021
    • SBC market in EMEA
      • Table SBC market in EMEA 2016 and 2021 (kilotons)
      • Table SBC market in EMEA 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Construction industry in China 2015-2020 ($ billions)
      • Table GDP growth rate of BRICS economies ($ billions)
    • Market challenges
  • Market trends
    • Growing consumption of SIS in adhesives and sealant applications
      • Table Global adhesives and sealants market 2015-2020 ($ billions)
      • Table Segmentation of adhesives and sealants market 2015
    • Emergence of bio-based alternatives of synthetic SBCs
  • Vendor landscape
    • Competitive landscape
      • Table Key competitive factors
    • Key market vendors
      • Table Key vendors in Global SBC market 2017 – 2021
    • Other prominent vendors
  • Key vendor analysis
    • China Petrochemical Corporation
      • Table China Petrochemical Corporation: Business segmentation by revenue 2016
      • Table China Petrochemical Corporation: Geographic segmentation by revenue 2016
    • Dynasol
      • Table Dynasol: Product segmentation 2016
      • Table Dynasol: Key products
    • LCY GROUP
      • Table LCY GROUP: Business segmentation
      • Table LCY GROUP: Business segmentation by revenue 2016
      • Table LCY GROUP: Geographic segmentation by revenue 2016
    • PolyOne
      • Table PolyOne: Business segmentation by revenue 2016
      • Table PolyOne: Geographical segmentation by revenue 2016
    • TSRC
      • Table TSRC: Business segmentation by revenue 2016
      • Table TSRC: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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