2018-2023 Global Styrenic Block Copolymers (SBCs) Consumption Market Report
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Styrenic Block Copolymers (SBCs) market for 2018-2023.
Styrenic Block Copolymers, short as SBCs, are high-performance thermoplastic elastomers engineered to enhance the performance capabilities of a wide spectrum of end products and applications. Its versatility in compounding enables extensive tuning of product properties, which allows the market to keep growing into new directions.
SBCs are copolymers of styrene with butadiene, isoprene, or others. SBS, SIS, and SEBS are the common copolymers, and SEBS is the hydrogenated styrene butadiene styrene.
The technical barriers of SBCs are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Japan and USA. The key companies in SBCs market include Kraton, Dynasol, LG Chem, LCY, TSRC, Sinopec, Versalis, CNPC, and Keyuan. In 2015, the demand for SIS/SEBS in all regions is leveling off. Looking toward 2016, the demand for special SBS products in the high added-value application market is still good, and the demand for SIS/SEBS will gradually improve along with the global economy. The demand for these products will grow steadily.
SBCs are widely used in adhesives, sealants, polymer, paving and roofing, coatings, candle and personal care applications and others. In 2014, SBCs for footwear industry and asphalt modifier consumption occupy more than 50% of total amount. In recent years, China has become the largest world market for SBCs, surpassing North America and Europe. China is the leading footwear producer in the world, followed by India. The growing footwear industry in China, India and Thailand, and increasing consumption in polymer modifier and asphalt modifier is expected to boost the demand for SBCs over the forecast period. Therefore, increasing demand for SBCs is expected to support the growth over forecast period. SBCs industry will usher in a stable growth space.
Over the next five years, LPI(LP Information) projects that Styrenic Block Copolymers (SBCs) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Styrenic Block Copolymers (SBCs) market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Packaging & Industrial Adhesives
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Styrenic Block Copolymers (SBCs) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Styrenic Block Copolymers (SBCs) market by identifying its various subsegments.
Focuses on the key global Styrenic Block Copolymers (SBCs) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Styrenic Block Copolymers (SBCs) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Styrenic Block Copolymers (SBCs) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.