Styrenic Block Copolymer Market is Anticipated To Smash $10.22 Billion By 2024
“Increasing consumption of advanced materials in building & construction to meet structural requirements is a key factor propelling the use of polymer modified bitumen and highperformance plastics.�
The global styrenic block copolymers (SBCs) market is expected to reach USD 10.22 billion by 2024, according to a new report by Grand View Research, Inc. Increasing consumption of advanced materials in building & construction to meet structural requirements is a key factor propelling the use of polymer modified bitumen and high-performance plastics. Structural applications requiring lightweight and strength are composed of copolymers as reinforcing agents as opposed to traditional metals. Access Full Research Report on Global SBCs Market: http://www.grandviewresearch.com/industry-analysis/styrenic-blockcopolymers-sbcs-industry
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Furthermore, regulations by several governments to promote sustainable construction practices as means to reduce building waste and energy utilization are likely to influence SBC consumption trends. Paving & roofing application accounted for nearly 30% of the global volume in 2015. The shift in trend towards developing alternative routes for production using bio-based raw materials is expected to influence industry dynamics with manufacturers shifting towards greener products. They are recyclable and reusable, which has enabled the substitution of PVC’s, rubber, and other conventional material. Further key findings from the study suggest:
The global styrenic block copolymers market demand was over 1.95 million tons in 2015 and is expected to grow at a CAGR of 4.7% to reach up to 3.0 million tons
SBS was the highest consumed product with its key applications ranging from paving & roofing to adhesives & sealants. The product was globally valued at over USD 4.24 billion in 2015
Footwear, polymer modification, and adhesive applications collectively accounted for nearly 60% of the overall SBS volume in 2015
Increasing SBS demand in the modification of polymers such as ABS, high impact polystyrene, EVOH, polyolefins, and bulk molding compounds as a means to impart impact strength, durability, and flexibility to drive penetration in future
Asia Pacific was the dominant consumer and accounted for over 45% of the overall volume in 2015. The region is characterized by favorable outlook on enduse industries
Strong growth in the manufacturing and construction sectors are touted to drive demand for adhesives, sealants, cable wires, and high performance plastics in the region. This trend is expected to benefit the consumption of styrenic copolymers in Asia Pacific
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Key companies with global operations include Asahi Kasei, Chevron Philips, LG Chem, Dynasol Elastomers, Momentive Specialty Chemicals, Eastman, Kraton Performance Polymers, INEOS Styrolution, and BASF SE. There is a significant presence of integrated companies in the industry who are actively involved raw material production as well
Grand View Research has segmented the styrenic block copolymers (SBCs) market on the basis product, application, and region: Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/healthcare Table of Content of Global Styrenic Block Copolymers Market Research Report: Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Abbreviations 1.4 List of data sources Chapter 2 Executive Summary Chapter 3 Market Snapshot Chapter 4 Market Variables, Trends & Scope 4.1 Market segmentation 4.2 Penetration & growth prospect mapping, 2014 - 2024 4.3 SBC market - value chain analysis 4.4 Regulatory framework 4.5 Raw material outlook 4.6 Technology overview 4.7 SBC market dynamics 4.7.1 Market driver analysis 4.7.1.1 Increasing penetration in medical/healthcare applications
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4.7.1.2 Increasing baby diapers demand, mainly in Asia Pacific and Latin America 4.7.1.3 Positive outlook on global footwear industry 4.7.2 Market restraint analysis 4.7.2.1 Volatility in raw material prices 4.8 Key opportunities prioritized 4.8.1 New market avenues 4.9 Industry analysis - Porter’s 4.10 SBC market - PESTEL analysis Chapter 5 Market Categorization 1: Product Estimates & Trend Analysis 5.1 Application market introduction, 2015 & 2024 5.2 Styrene butadiene styrene (SBS) 5.2.1 Market estimates & forecast, 2014 - 2024 5.2.2 Market estimates & forecast, by region, 2014 - 2024 5.2.3 Market estimates & forecast, by application, 2014 - 2024 5.2.3.1 Paving & roofing 5.2.3.1.1 Market estimates & forecast, 2014 - 2024 5.2.3.1.2 Market estimates & forecast, by region,2014 - 2024 5.2.3.1.3 Polymer modified bitumen (PMB) 5.2.3.1.4 Other paving & roofing applications 5.2.3.2 Footwear 5.2.3.2.1 Market estimates & forecast, 2014 - 2024 5.2.3.2.2 Market estimates & forecast, by region,2014 - 2024 5.2.3.3 Polymer modification 5.2.3.3.1 Market estimates & forecast, 2014 - 2024 5.2.3.3.2 Market estimates & forecast, by region,2014 - 2024 5.2.3.4 Adhesives & Sealants
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5.2.3.4.1 Market estimates &, 2014 - 2024 5.2.3.4.2 Market estimates & forecast, by region,2014 - 2024 5.2.3.5 Wires & cables 5.2.3.5.1 Market estimates & forecast in wires & cables, 2014 2024 5.2.3.5.2 Market estimates & forecast in wires & cables, by region,2014 - 2024 5.2.3.6 Other applications 5.2.3.6.1 Market estimates & forecast, 2014 - 2024 5.2.3.6.2 Market estimates & forecast, by region,2014 - 2024 5.3 Styrene isoprene styrene (SIS) 5.3.1 Market estimates & forecast, 2014 - 2024 5.3.2 Market estimates & forecast, by region, 2014 - 2024 5.3.3 Market estimates & forecast, by application, 2014 - 2024 5.3.3.1 Paving & roofing 5.3.3.1.1 Market estimates & forecast, 2014 - 2024 5.3.3.1.2 Market estimates & forecast, by region,2014 - 2024 5.3.3.1.3 Polymer modified bitumen (PMB) 5.3.3.1.4 Other paving & roofing applications 5.3.3.2 Polymer modification 5.3.3.2.1 Market estimates & forecast, 2014 - 2024 5.3.3.2.2 Market estimates & forecast, by region,2014 - 2024 5.3.3.3 Adhesives & Sealants 5.3.3.3.1 Market estimates & forecast, 2014 - 2024 5.3.3.3.2 Market estimates & forecast, by region,2014 - 2024 5.3.3.4 Other applications 5.3.3.4.1 Market estimates & forecast, 2014 - 2024
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5.3.3.4.2 Market estimates & forecast, by region,2014 - 2024 5.4 Hydrogenated styrenic block copolymer (HSBC) 5.4.1 Market estimates & forecast, 2014 - 2024 5.4.2 Market estimates & forecast, by region, 2014 - 2024 5.4.3 Market estimates & forecast, by application, 2014 - 2024 5.4.3.1 Adhesives & Sealants 5.4.3.1.1 Market estimates & forecast, 2014 - 2024 5.4.3.1.2 Market estimates & forecast, by region,2014 - 2024 5.4.3.2 Polymer modification 5.4.3.2.1 Market estimates & forecast, 2014 - 2024 5.4.3.2.2 Market estimates & forecast, by region,2014 - 2024 5.4.3.3 Medical devices 5.4.3.3.1 Market estimates & forecast, 2014 - 2024 5.4.3.3.2 Market estimates & forecast, by region,2014 - 2024 5.4.3.4 Other applications 5.4.3.4.1 Market estimates & forecast, 2014 - 2024 5.4.3.4.2 Market estimates & forecast, by region,2014 - 2024 Chapter 6 Market Categorization 2: Regional Estimates & Trend Analysis 6.1 Regional Market Introduction, 2015 & 2024 6.2 North America 6.2.1 Market estimates & forecast, 2014 - 2024 6.2.2 Market estimates & forecast, by product, 2014 - 2024 6.2.3 Market estimates & forecast, by application, 2014 - 2024 6.2.4 U.S. 6.2.4.1 Market estimates & forecast, 2014 - 2024 6.2.4.2 Market estimates & forecast, by product, 2014 - 2024 6.2.4.3 Market estimates & forecast, by application, 2014 - 2024
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6.2.5 Canada 6.2.5.1 Market estimates & forecast, 2014 - 2024 6.2.5.2 Market estimates & forecast, by product, 2014 - 2024 6.2.5.3 Market estimates & forecast, by application, 2014 - 2024 6.2.6 Mexico 6.2.6.1 Market estimates & forecast, 2014 - 2024 6.2.6.2 Market estimates & forecast, by product, 2014 - 2024 6.2.6.3 Market estimates & forecast, by application, 2014 - 2024 6.3 Europe 6.3.1 Market estimates & forecast, 2014 - 2024 6.3.2 Market estimates & forecast, by product, 2014 - 2024 6.3.3 Market estimates & forecast, by application, 2014 - 2024 6.3.4 Germany 6.3.4.1 Market estimates & forecast, 2014 - 2024 6.3.4.2 Market estimates & forecast, by product, 2014 - 2024 6.3.4.3 Market estimates & forecast, by application, 2014 - 2024 6.3.5 UK 6.3.5.1 Market estimates & forecast, 2014 - 2024 6.3.5.2 Market estimates & forecast, by product, 2014 - 2024 6.3.5.3 Market estimates & forecast, by application, 2014 - 2024 6.3.6 France 6.3.6.1 Market estimates & forecast, 2014 - 2024 6.3.6.2 Market estimates & forecast, by product, 2014 - 2024 6.3.6.3 Market estimates & forecast, by application, 2014 - 2024 6.4 Asia Pacific 6.4.1 Market estimates & forecast, 2014 - 2024 6.4.2 Market estimates & forecast, by product, 2014 - 2024
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6.4.3 Market estimates & forecast, by application, 2014 - 2024 6.4.4 China 6.4.4.1 Market estimates & forecast, 2014 - 2024 6.4.4.2 Market estimates & forecast, by product, 2014 - 2024 6.4.4.3 Market estimates & forecast, by application, 2014 - 2024 6.4.5 India 6.4.5.1 Market estimates & forecast, 2014 - 2024 6.4.5.2 Market estimates & forecast, by product, 2014 - 2024 6.4.5.3 Market estimates & forecast, by application, 2014 - 2024 6.4.6 Japan 6.4.6.1 Market estimates & forecast, 2014 - 2024 6.4.6.2 Market estimates & forecast, by product, 2014 - 2024 6.4.6.3 Market estimates & forecast, by application, 2014 - 2024 6.5 Central & South America (CSA) 6.5.1 Market estimates & forecast, 2014 - 2024 6.5.2 Market estimates & forecast, by product, 2014 - 2024 6.5.3 Market estimates & forecast, by application, 2014 - 2024 6.5.4 Brazil 6.5.4.1 Market estimates & forecast, 2014 - 2024 6.5.4.2 Market estimates & forecast, by product, 2014 - 2024 6.5.4.3 Market estimates & forecast, by application, 2014 - 2024 6.5.5 Argentina 6.5.5.1 Market estimates & forecast, 2014 - 2024 6.5.5.2 Market estimates & forecast, by product, 2014 - 2024 6.5.5.3 Market estimates & forecast, by application, 2014 - 2024 6.6 Middle East & Africa (MEA) 6.6.1 Market estimates & forecast, 2014 - 2024
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6.6.2 Market estimates & forecast, by product, 2014 - 2024 6.6.3 Market estimates & forecast, by application, 2014 - 2024 6.6.4 Saudi Arabia 6.6.4.1 Market estimates & forecast, 2014 - 2024 6.6.4.2 Market estimates & forecast, by product, 2014 - 2024 6.6.4.3 Market estimates & forecast, by application, 2014 - 2024 6.6.5 UAE 6.6.5.1 Market estimates & forecast, 2014 - 2024 6.6.5.2 Market estimates & forecast, by product, 2014 - 2024 6.6.5.3 Market estimates & forecast, by application, 2014 - 2024 Chapter 7 Competitive Landscape 7.1 SBC company heat map analysis, 2015 7.2 Vendor Landscape 7.3 Competitive environment 7.4 Strategy framework Chapter 8 Company Profiles 8.1 BASF SE 8.1.1 Company Overview 8.1.2 Financial Performance 8.1.3 Industries and Services Catered 8.1.4 Product Benchmarking 8.1.5 Strategic Initiatives 8.2 Zeon Corp. 8.2.1 Company Overview 8.2.2 Financial Performance 8.2.3 Industries and Services Catered 8.2.4 Product Benchmarking
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8.2.5 Strategic Initiatives 8.3 Versalis 8.3.1 Company Overview 8.3.2 Financial Performance 8.3.3 Industries and Services Catered 8.3.4 Product Benchmarking 8.3.5 Strategic Initiatives 8.4 Ineos Styrolution 8.4.1 Company Overview 8.4.2 Financial Performance 8.4.3 Industries and Services Catered 8.4.4 Product Benchmarking 8.4.5 Strategic Initiatives 8.5 Denki Kagaku Kogyo Kabushiki Kaisha (DENKA) 8.5.1 Company Overview 8.5.2 Financial Performance 8.5.3 Industries and Services Catered 8.5.4 Product Benchmarking 8.5.5 Strategic Initiatives 8.6 En Chuan Chemical Industries Co. Ltd. 8.6.1 Company Overview 8.6.2 Financial Performance 8.6.3 Industries and Services Catered 8.6.4 Product Benchmarking 8.7 JSR Corp. 8.7.1 Company Overview 8.7.2 Financial Performance
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8.7.3 Industries and Services Catered 8.7.4 Product Benchmarking 8.8 Kumho Petrochemicals Co. Ltd. 8.8.1 Company Overview 8.8.2 Financial Performance 8.8.3 Industries and Services Catered 8.8.4 Product Benchmarking 8.8.5 Strategic Initiatives 8.9 Eastman Chemical Co. 8.9.1 Company Overview 8.9.2 Financial Performance 8.9.3 Industries and Services Catered 8.9.4 Product Benchmarking 8.9.5 Strategic Initiatives 8.10 Chi Mei Corp. 8.10.1 Company Overview 8.10.2 Financial Performance 8.10.3 Industries and Services Catered 8.10.4 Product Benchmarking 8.10.5 Strategic Initiatives 8.11 Kraton Performance Polymers 8.11.1 Company Overview 8.11.2 Financial Performance 8.11.3 Industries and Services Catered 8.11.4 Product Benchmarking 8.11.5 Strategic Initiatives 8.12 Sinopec
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8.12.1 Company Overview 8.12.2 Financial Performance 8.12.3 Industries and Services Catered 8.12.4 Product Benchmarking 8.13 LCY Chemical Corp. 8.13.1 Company Overview 8.13.2 Financial Performance 8.13.3 Industries and Services Catered 8.13.4 Product Benchmarking 8.13.5 Strategic Initiatives 8.14 TSRC 8.14.1 Company Overview 8.14.2 Financial Performance 8.14.3 Industries and Services Catered 8.14.4 Product Benchmarking 8.14.5 Strategic Initiatives 8.15 Momentive Specialty Chemicals 8.15.1 Company Overview 8.15.2 Financial Performance 8.15.3 Industries and Services Catered 8.15.4 Product Benchmarking 8.16 Dynasol Elastomers 8.16.1 Company Overview 8.16.2 Financial Performance 8.16.3 Industries and Services Catered 8.16.4 Product Benchmarking 8.16.5 Strategic Initiatives
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8.17 LG Chemicals 8.17.1 Company Overview 8.17.2 Financial Performance 8.17.3 Industries and Services Catered 8.17.4 Product Benchmarking 8.18 Chevron Phillips 8.18.1 Company Overview 8.18.2 Financial Performance 8.18.3 Industries and Services Catered 8.18.4 Product Benchmarking 8.19 Asahi Kasei 8.19.1 Company Overview 8.19.2 Financial Performance 8.19.3 Industries and Services Catered 8.19.4 Product Benchmarking 8.19.5 Strategic Initiatives About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com/
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