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Report
Styrenic Block Copolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 148 Pages I IMARC Group
The global styrenic block copolymer market size reached US$ 7.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2022-2028.
Styrenic block copolymers (SBCs) which combine the properties of a thermoplastic resin and an elastomer, are a type of block copolymers having an elastomeric central arrangement and polystyrene based end-segments. The central blocks can be composed of rubbery polymers, including polyisoprene, polybutadiene and ethylene-butene copolymer, and offer viscoelastic properties. These polymers can be manufactured using different configurations, however, di-block, linear as well as multi-block are the most common configurations. At present, SBCs find extensive applications in polymer modification, paving & roofing, and hot-melt pressure-sensitive adhesive (PSA) products, such as tapes and labels.
The growth of the market can be accredited to the expanding applications of SBC in different sectors. For instance, it is used to enhance the performance and reduce the overall production cost of sealants, gasket materials, rubber bands, toy products and shoe soles. Moreover, it is adopted in formulating diaper adhesives and elastic films. It is also gaining traction as an impact modifier and toughener in plastics and adhesives. Besides this, SBS modified bitumen is widely utilized in road paving and roofing applications. The increasing number of construction activities, in confluence with the rising focus of several countries on upgrading existing infrastructure, is also contributing to the market growth. Additionally, as SBC offers flexibility, resilience, strength and durability, it is finding utilization in medical bags, flexible films and tubing for intravenous (IV) systems, peristaltic pump systems, home care equipment and other drug delivery systems. The rising demand for these medical supplies is anticipated to drive the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global styrenic block copolymer market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.
Breakup by Type:
Styrene-Butadiene-Styrene (SBS)
Styrene-Isoprene-Styrene (SIS)
Hydrogenated SBC (HSBC)
Others
Breakup by Application:
Asphalt Modification
Adhesives and Sealants
Polymer Modification
Medical Devices
Wires and Cables
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Kasei Corporation, BASF SE, Chi Mei Corporation, China Petroleum and Chemical Corporation, Denka Company Limited, En Chuan Chemical Industries Co., INEOS Styrolution Group GmbH, JSR Corporation, Kraton Corporation, Kumho Petrochemical Co. Ltd., Lee Chang Yung Chemical Industry Corp., TSRC Corporation, Versalis S.p.A. and Zeon Corporation.
Key Questions Answered in This Report
1. How big is the global styrenic block copolymer market?
2. What is the expected growth rate of the global styrenic block copolymer market during 2023-2028?
3. What are the key factors driving the global styrenic block copolymer market?
4. What has been the impact of COVID-19 on the global styrenic block copolymer market?
5. What is the breakup of the global styrenic block copolymer market based on the type?
6. What is the breakup of the global styrenic block copolymer market based on the application?
7. What are the key regions in the global styrenic block copolymer market?
8. Who are the key players/companies in the global styrenic block copolymer market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Styrenic Block Copolymer Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6Market Breakup by Type
6.1 Styrene-Butadiene-Styrene (SBS)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Styrene-Isoprene-Styrene (SIS)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hydrogenated SBC (HSBC)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7Market Breakup by Application
7.1 Asphalt Modification
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Adhesives and Sealants
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Polymer Modification
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Medical Devices
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Wires and Cables
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Asahi Kasei Corporation
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 BASF SE
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Chi Mei Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 China Petroleum and Chemical Corporation
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Denka Company Limited
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 En Chuan Chemical Industries Co.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 INEOS Styrolution Group GmbH
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.8 JSR Corporation
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Kraton Corporation
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.10 Kumho Petrochemical Co. Ltd.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11 Lee Chang Yung Chemical Industry Corp.
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 TSRC Corporation
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.13 Versalis S.p.A.
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.14 Zeon Corporation
13.3.14.1 Company Overview
13.3.14.2 Product Portfolio
13.3.14.3 Financials
Figure 1: Global: Styrenic Block Copolymer Market: Major Drivers and Challenges
Figure 2: Global: Styrenic Block Copolymer Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Styrenic Block Copolymer Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Styrenic Block Copolymer Market: Breakup by Type (in %), 2022
Figure 5: Global: Styrenic Block Copolymer Market: Breakup by Application (in %), 2022
Figure 6: Global: Styrenic Block Copolymer Market: Breakup by Region (in %), 2022
Figure 7: Global: Styrenic Block Copolymer (Styrene-Butadiene-Styrene-SBS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Styrenic Block Copolymer (Styrene-Butadiene-Styrene-SBS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Styrenic Block Copolymer (Styrene-Isoprene-Styrene-SIS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Styrenic Block Copolymer (Styrene-Isoprene-Styrene-SIS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Styrenic Block Copolymer (Hydrogenated SBC-HSBC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Styrenic Block Copolymer (Hydrogenated SBC-HSBC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Styrenic Block Copolymer (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Styrenic Block Copolymer (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Styrenic Block Copolymer (Asphalt Modification) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Styrenic Block Copolymer (Asphalt Modification) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Styrenic Block Copolymer (Adhesives and Sealants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Styrenic Block Copolymer (Adhesives and Sealants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Styrenic Block Copolymer (Polymer Modification) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Styrenic Block Copolymer (Polymer Modification) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Styrenic Block Copolymer (Medical Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Styrenic Block Copolymer (Medical Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Styrenic Block Copolymer (Wires and Cables) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Styrenic Block Copolymer (Wires and Cables) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Styrenic Block Copolymer (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Styrenic Block Copolymer (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: North America: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United States: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United States: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Canada: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Canada: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Asia-Pacific: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Asia-Pacific: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: China: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: China: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Japan: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Japan: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: India: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: India: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: South Korea: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: South Korea: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Australia: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Australia: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Indonesia: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Indonesia: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Others: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Others: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Europe: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Europe: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Germany: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Germany: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: France: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: France: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: United Kingdom: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: United Kingdom: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Italy: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Italy: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Spain: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Spain: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Russia: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Russia: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Latin America: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Latin America: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Brazil: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Brazil: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Mexico: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Mexico: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Middle East and Africa: Styrenic Block Copolymer Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Middle East and Africa: Styrenic Block Copolymer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Styrenic Block Copolymer Market: Breakup by Country (in %), 2022
Figure 76: Global: Styrenic Block Copolymer Industry: SWOT Analysis
Figure 77: Global: Styrenic Block Copolymer Industry: Value Chain Analysis
Figure 78: Global: Styrenic Block Copolymer Industry: Porter's Five Forces Analysis
Table 1: Global: Styrenic Block Copolymer Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Styrenic Block Copolymer Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Styrenic Block Copolymer Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Styrenic Block Copolymer Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Styrenic Block Copolymer Market: Competitive Structure
Table 6: Global: Styrenic Block Copolymer Market: Key Players
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