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Styrenic Block Copolymer (SBC) - Market Research | Recent Trends and Growth Forecast 2025

Latest updates on Styrenic Block Copolymer (SBC) market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

Styrenic block copolymer (SBC) market size is forecast to reach USD 10.01 billion valuation by 2023. Growing concerns pertaining to baby health coupled with increase in consumer affordability should positively influence industry growth.

Global (SBC) Styrenic Block Copolymer Market size was 1.96 million tons in 2015 as per the latest research report Increasing medical and healthcare industry expansion owing to rise in consumer per capita income along with growing health consciousness are expected driving factors to stimulate styrenic block copolymer market growth.

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Shift in industry focus to reduce dependency on polyvinyl chloride mainly in medical applications to avoid health hazards are potential factors to fuel styrenic block copolymer market growth. Medical tubing, syringes, and medical bags are the major products which uses SBC.

Styrenic Block Copolymer (SBC) - Market Research | Recent Trends and Growth Forecast 2025
Styrenic Block Copolymer (SBC) - Market Research | Recent Trends and Growth Forecast 2025

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Styrene butadiene styrene (SBS) market was a key product segment, valued at USD 4.5 billion in 2015. Improving baby diapers fit and comfort owing to elastomeric materials are key properties to encourage styrenic block copolymers market growth. Latin America and Asia Pacific are the major consumers owing to growing infancy birth rate.

Supportive regulatory compliance from U.S. Pharmacopoeia and FDA to reduce PVC dependency and approval to use SBC are favorable factors to encourage industry growth. Political unrest in Middle East may affect pricing of crude oil &natural gas and in turn affect styrenic block copolymer market price trend.

Footwear applications are forecast to grow at more than 4% CAGR up to 2023. Global footwear industry expansion owing to rise in living standard accompanied by growing consumer demand for more reliable and comfort footwear are potential factors to enhance styrenic block market growth. Styrenic block copolymers are used to make shoe sole; high resilience is among the key quality to encourage its use in footwear applications.

Key insights from the report include:

Global styrenic block copolymer (SBC) market size is forecast to reach 2.84 million tons by 2023, growing at 4.8% CAGR. Rising preference for sustainable product and need to reduce dependency on PVA materials are key factors influencing industry growth.

Paving &roofing was the major revenue generating application and was valued at USD 1.98 billion in 2015. Increasing construction industry spending owing to rising trend for interior designing in homes and commercial spaces has majorly influenced application demand.

APAC, led by China &India styrenic block copolymer market size, dominated the regional industry demand and should register close to USD 4.34 billion by 2023., rapid growth in manufacturing industry owing to availability of skilled labor in China were the potential factors influenced regional demand.

China SBS market size may register over USD 1.9 billion by 2023 and with expected gains at 5.9% CAGR.

North America, predominant by U.S., is projected to witness 4.5% CAGR up to 2023. Supportive government regulations to use SBC are expected factors to fuel regional demand. U.S. automotive applications may register over 40 kilo tons by 2023 with expected gains at 4.8% CAGR.

Europe, led by Germany, France, Italy and UK, may observe below average industry gains at 4.3%. Germany paving &roofing applications may be worth at over USD 245 million by 2023.

Positive construction outlook in Saudi Arabia &UAE may drive paving &roofing application scope in MEA and register over 85 kilo tons by 2023 with expected gains at 5.0% CAGR.

Styrenic block copolymer market share is moderately consolidated with Dynasol LCY Chemical, Kraton, and Sinopec being the major industry players.

Other notable companies include BASF, Chi Mei Corp, Versalis, Zeon Corporation, Styrolution, Denki TSRC, Momentive Specialty Chemicals, Kumho Petrochemicals, Chevron Phillips, LG Chemicals, En Chuan, Asahi Kasei, JX Nippon Oil &Energy, and JSR Corporation.

Global Market Insights has segmented the styrenic block copolymer industry on the basis of product, application and region:

SBC Market Product Analysis (Volume: Kilo Tons, Revenue, USD Million, 2012 - 2023)

SBS

SIS

HSBC

SBC Market Application Analysis (Volume: Kilo Tons, Revenue, USD Million, 2012 - 2023)

Paving &Roofing

Footwear

Automotive

Advanced Materials

Adhesives, Sealants &Coatings

SBC Market Regional Analysis (Volume: Kilo Tons, Revenue, USD Million, 2012 - 2023)

North America

U.S.

Europe

Germany

France

UK

Italy

Asia Pacific

China

India

Japan

Latin America

Brazil

Middle East &Africa

Major Highlights from Table of contents are listed below for quick lookup into Styrenic Block Copolymer (SBC) Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Styrenic Block Copolymer (SBC) Market
  • Product trends
  • Application trends

Chapter 3. Styrenic Block Copolymer (SBC) Industry Insights

  • Styrenic Block Copolymer (SBC) Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Styrenic Block Copolymer (SBC) industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Styrenic Block Copolymer (SBC) Market Technology & innovation landscape
  • Industry impact forces
  • Styrenic Block Copolymer (SBC) Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Styrenic Block Copolymer (SBC) Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Styrenic Block Copolymer (SBC) Market
  • SWOT Analysis

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