DBMR - Chemical and Materials

Global Styrenic Block Copolymers Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Styrenic Block Copolymers Market By Product (Styrene-Butadiene Styrene, Styrene-Isoprene-Styrene, Hydrogenated Styrenic Block Copolymer), Application (Asphalt Modification, Footwear, Polymer Modification, Adhesives & Sealants, Wires & cables, Medical Devices, Others), End- User (Construction, Rubber, Electrical & electronics, Polymer Manufacturing, Healthcare Industry, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Styrenic Block Copolymers Market

Global styrenic block copolymers market is set to witness a substantial CAGR of 6.93% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising usage of styrenic block copolymers in healthcare industry and rising environmental concern are the factor for the growth of this market.

Market Definition: Global Styrenic Block Copolymers Market

Styrenic block copolymers are high-performance thermoplastic elastomers which are specially used to improve the application and performance of the products. Hydrogenated Styrenic Block Copolymer, Styrene-Butadiene Styrene and Styrene-Isoprene-Styrene are some of the common types of the SBC. They usually have high crystal clarity, thermal stability, high resistance and indicate no cytotoxic or mutagenic potential. They are widely used in applications such as polymer modification, footwear, wires and cables, medical devices and others.

Market Drivers:

  • Rising demand for advanced material in construction industry will drive the market growth
  • Strict government regulation to decrease the use of PVC will also enhance the market growth
  • Increasing application in bitumen modification will also accelerate the growth of this market
  • High resistance and thermal stability of SBC will also contribute as a factor for the market growth

Market Restraints:

  • Fluctuation in the cost of raw material will restrain the market growth
  • Low resistance of styrenic block copolymers to hydrocarbons will also hinder the market growth

Segmentation: Global Styrenic Block Copolymers Market

By Product

  • Styrene-Butadiene Styrene

    • Paving & Roofing
    • Footwear
    • Polymer Modification
    • Adhesives & Sealants
    • Wires & Cables
    • Others

  • Styrene-Isoprene-Styrene

    • Paving & Roofing
    • Polymer Modification
    • Adhesives & Sealants
    • Others

  • Hydrogenated Styrenic Block Copolymer

    • Adhesives & Sealants
    • Polymer Modification
    • Medical Devices
    • Others

By Application

  • Asphalt Modification
  • Footwear, Polymer Modification
  • Adhesives & Sealants
  • Wires & cables
  • Medical Devices
  • Others

By End- User

  • Construction
  • Rubber
  • Electrical & electronics
  • Polymer Manufacturing
  • Healthcare Industry
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • France
    • Italy
    • U.K.
    • Belgium
    • Spain
    • Russia
    • Turkey
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • UAE
    • Saudi Arabia
    • Egypt
    • South Africa
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In April 2014, Kraton Performance Polymers announced the launch of their two new hydrogenated styrenic block copolymers MD6951 and MD1648. They have a distinctive balance of elevated elasticity, incredible tensile strength and exceptionally low melting viscosity that serves for the development of a host of new process apps. This will help the innovators to maintain the softness, pliability and strength of their product
  • In January 2014, Kraton Performance Polymers, Inc. announced that they are going to merge with the styrenic block copolymer operations LCY Chemical Corp so they can combine the company’s portfolio with the LCY's cost-effective and innovative SBC operations. This merge will help the company to improve their overall cost structure and expand their position in China and Asia-Pacific

Competitive Analysis:

Global styrenic block copolymers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of styrenic block copolymers market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global styrenic block copolymers market are KUMHO PETROCHEMICAL., TSRC, Chi Mei Corporation, LCY GROUP, China Petrochemical Corporation, Eastman Chemical Company, JSR Corporation, INEOS, ZEON CORPORATION, Chevron Phillips Chemical Company, LG Chem, Asahi Kasei Corporation, BASF SE, KRATON CORPORATION, Denka Company Limited., Dow, KRAIBURG TPE GmbH & Co. KG, Ravago Manufacturing India Pvt, Versalis, Grupo Dynasol and others.

Research Methodology: Global Styrenic Block Copolymers Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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