logo
logo
Sign in

Styrenic Block Copolymer Market: Size, Business Growth, Outlook, Share, Key Players, and Forecast 2021-2026

avatar
Jenifer windget
Styrenic Block Copolymer Market: Size, Business Growth, Outlook, Share, Key Players, and Forecast 2021-2026

According to the latest report by IMARC Group, titled “Styrenic Block Copolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global styrenic block copolymer market size grew at a CAGR of around 7% during 2015-2020. Looking forward, IMARC Group expects the global styrenic block copolymer market to exhibit moderate growth during 2021-2026 . Styrenic block copolymers (SBCs) refer to a versatile family of resins that are characterized by an elastomeric central arrangement. They combine the properties of thermoplastic resins and elastomers for adhesive and sealant -development. They exhibit numerous exceptional properties, including flexibility, high transparency, crystal clarity, and excellent thermal stability. These copolymers also offer enhanced design versatility, exceptional chemical resistance and sterilizability by gamma irradiation and ethylene oxide gas. As a result, they are extensively utilized for polymer modification, paving and roofing applications, and for the manufacturing of adhesives and sealants across diverse industrial verticals, including healthcare, construction and consumer electronics.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Reporthttps://www.imarcgroup.com/styrenic-block-copolymer-market/requestsample

Global Styrenic Block Copolymer Market Trends:   

The global market is majorly driven by the growing applications of SBCs in the construction sector. These copolymers are increasingly used in modified bituminous roofing materials due to their excellent thermal resistance, improved performance and exceptional waterproofing properties. The rising demand for the construction of residential complexes and corporate parks is providing an impetus to the market growth. Moreover, the increasing requirement for SBCs in the healthcare sector for the manufacturing of medical bags, peristaltic pump systems, flexible films and tubing for intravenous (IV) systems and home care equipment is also acting as a major growth-inducing factor. The increasing prevalence of road accidents and rising number of coronavirus (COVID-19) positive cases across the globe have created an escalating demand for various medical components, including tubing and IV drip chambers, which, in turn, has provided a boost to the uptake of SBCs globally. Some of the other factors contributing to the market include the growing demand for SBCs for reducing the overall production cost of sealants and its increasing application as a toughener and impact modifier in the manufacturing of plastics.

Ask Customization and Browse Full Report with TOC & List of Figure: https://bit.ly/2TdNXUX

Competitive Landscape with Key Player:

  • 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.
  • Zeon Corporation.

Market Breakup by Type:

  • Styrene-Butadiene-Styrene (SBS)
  • Styrene-Isoprene-Styrene (SIS)
  • Hydrogenated SBC (HSBC)
  • Others

Market Breakup by Application:

  • Asphalt Modification
  • Adhesives and Sealants
  • Polymer Modification
  • Medical Devices
  • Wires and Cables
  • Others

Market Breakup by Region:

  •  North America
  • Europe
  • Asia
  • Latin America
  • Middle East and Africa.

Key highlights of the report:

  •  Market Performance (2015-2020)
  •  Market Outlook (2021- 2026)
  •  Porter’s Five Forces Analysis
  •  Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Other Report:

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

collect
0
avatar
Jenifer windget
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more