Global Styrene Ethylene Butylene Styrene (SEBS) Market - Segmented by Product Type, End-User Industry, and Geography – Growth, Trends and Forecasts (2017 - 2022)
The global styrene ethylene butylene styrene (SEBS) market has been estimated at USD XX.XX million in 2017 and is projected to reach USD XX.XX million by 2022, registering a CAGR of X.XX% during 2017-2022 (henceforth referred to as the forecast period).
The SEBS market has been estimated at XX.XX kilo tons in 2017 and is projected to reach XX.XX kilo tons by 2022, registering a CAGR of X.XX% during 2017-2022 (henceforth referred to as the forecast period).
Styrene ethylene butylene styrene, also known as SEBS, is a form of thermoplastics elastomer with added styrene. SEBS is a hydrogenated elastomer with properties, such as high-strength, good temperature resistance, and flexibility. There are other added advantages, such as UV and ozone-resistance, high dispersibility, thermo-oxidative stability, excellent processing capabilities, wide tackifiers compatibility, high oil absorption capability, and stability in high-temperature processing, which enable SEBS for multiple applications in various end-use industries. SEBS is used as a potential substitution for PVC in toy manufacturing.
The SEBS market is segmented into two types, which include form and end-use industry. The form segment is further divided into pallets and powders, based on their production process. Powder is the largest available form in the global SEBS market, due to its application flexibility. Application of SEBS in the construction and adhesives industries is propelling the demand for powdered form of SEBS, for easier application.
The market has been geographically segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific is the largest consumer of synthetic rubber. The region is under huge demand for infrastructure development in several countries. Countries, such as China and India, are enjoying the low-cost labor advantage in the automotive and construction industries, which account for most of the consumption of SEBS. Reconstruction activity is gaining pace in developed economies, which is anticipated to drive the SEBS demand in the global market.
SEBS is similar to natural rubber and is less hazardous compared to its counterparts. FDA and BGW approvals for application of SEBS can create a growth opportunity for the product in the global market. Some of the major companies dominating this market for its products, services, and continuous product development, include, Kraton Polymers, LCY Chemical Corp., Dynasol Elastomers, Ningbo Keyuan Petrochemicals, ENI and others.
Key Deliverables in the Study:
Market analysis for the global Styrene Ethylene Butylene Styrene (SEBS) market, with region specific assessments and competition analysis on global scale Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the market A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.