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Styrenic Block Copolymer (SBC) Market Share

Report ID: GMI483
Published Date: Jun 2016
Report Format: PDF

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Styrenic Block Copolymer Market Share

Global styrenic block copolymer industry share is consolidated; Sinopec, Dynasol LCY Chemical, and Kraton were the leading company in 2015. Other market participants include:

BASF
Zeon Corporation
Chi Mei Corp
Versalis
Styrolution
TSRC
Denki Kagaku Kogyo Kabushiki Kaisha
Momentive Specialty Chemicals
LG Chemicals
Chevron Phillips
En Chuan
Asahi Kasei
JSR Corporation
Kumho Petrochemicals
JX Nippon Oil & Energy Corporation

In recent years the industry has witnessed some significant changes as major resin suppliers have integrating their operations forward and stepping into the SBC compounding business.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Expected crcr that styrenic block copolyme market is estimated to register is 4.5% over 2015-2023.

The overall Styrenic Block Copolymer industry is anticipated to acquire a revenue share of 10 Billion (USD) by the end of 2023.

Rising concerns for baby health and appreciable increase in consumer purchase parity will push SBC market size, slated to hit USD 10 billion by 2023.

Some of the companies forming a part of SBC market’s competitive spectrum include Dynasol LCY Chemical, BASF, Sinopec, Kraton, Zeon Corporation, Versalis, and Chi Mei Corp.

Hydrogenated SBC industry is expected to register the highest growth rate of 5.5% through 2023, driven by the ongoing trends to deploy sustainable sealants, adhesives, and other materials in the construction space.

Since material sustainability and durability are the main factors considered for good footwear, these applications will increase SBC demand. Footwear segment is expected to register 4% CAGR through 2023.

SBC products will gain substantial popularity across Middle East & Africa, driven by rising investments in construction projects. MEA market is expected to register 4.8% CAGR through 2023.