The global styrenic block copolymer (SBC) market size is projected to reach USD 10,010.5 million by 2028.
The automotive industry has started replacing flexible plastics and thermoset rubber with TPEs.
Fortune Business Insights™ published this information in a new report, titled, “Styrenic Block Copolymer (SBC) Market, 2021-2028.” The report further states that the market stood at USD 7,163.6 million in 2020.
It is set to exhibit a CAGR of 4.2% during the forecast period between 2021-2028.Kraton Corporation Launches DX0222 for Radiation-curable Hot-melt AdhesivesIn June 2020, Kraton Corporation unveiled its latest styrene block copolymer named Kraton™ DX0222.
The product can easily be formulated just like the traditional hot-melt adhesives.
It can also deliver high-performance needs, especially of adhesive formulators.Report Coverage-The research report contains an accurate study of several regions.
Key Highlights of Global Styrenic Polymers Market for Medical ApplicationsThe global Styrenic Polymers Market for Medical Applications was valued at US$ 3,028.2 Mn in 2018 and is anticipated to expand at a CAGR of 6.6% during the forecast periodUsed in a number of surgical instruments, connector tubes, portable medical devices, liquid containers, and bags, styrenic polymers and copolymers are seeing a rapid increase in demand for their superior properties such as high abrasion resistance, and dimensional stability.
These include low cost and versatility in design.Additionally, it is also worth noting than in some countries use of PVC (poly vinyl chloride) is now banned or at least restricted, leading to a higher demand for styrenic polymersDownload PDF Brochure -Â https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=36584Â Key Drivers of Global Styrenic Polymers Market for Medical ApplicationsPolyvinyl chloride (PVC) is a highly popular thermoplastic that is used in medical applications across the world.
Usage of PVC has been a growing concern over the last decade, as it contains phthalates, which is hazardous to the environment.
Demand for thermoplastic elastomers has increased in almost every end-use industry (including medical and healthcare) in the quest for environment friendly alternatives for PVC.PVC is utilized in the medical and healthcare industries to manufacture devices for the storage of IV fluids, dialysis solutions, blood bags, tubing, and connectors.
However, the increasing impact of PVC on the environment through release of dioxins is changing its market dynamics.There exists a threat that PVC is likely to contaminate IV fluids and migrate into the human body.
According to the U.S. FDA, thermoplastic elastomers (TPEs) are best suited for applications that require UV stability, and are safe to be utilized in medical devices and equipment.Styrene block copolymers are halogen and plasticizer-free materials with superior abrasion resistance.
Transparency Market Research’s new report titled “Styrenic Block Copolymers Market - Global Industry Analysis, Size, Share, Growth And Forecast 2012 - 2018” discusses the revenue and demand for styrenic block copolymers at a global level.
The report states that the global demand for SBC in the medical and healthcare applications stood at 123.4 kilo tons in 2011.
In terms of revenue the market is expected to reach US$698.8 million by 2018, growing at a CAGR of 7.2% from 2012 to 2018.Browse the full Global Styrenic Block Copolymers (SEBS, SBS, SIBS) Market For Medical Applications (Medical Bags, Tubing, Wound Care, Equipments, Packaging & Diagnostic Products) - Global Industry Analysis, Size, Share, Growth And Forecast 2012 - 2018 report at https://www.transparencymarketresearch.com/styrenic-block-copolymers.htmlBrowse: global Styrenic block copolymers marketStyrenic block copolymers commonly known as SBCs consume the largest-volume market within the thermoplastic elastomers (TPE) family.
Styrenic block copolymers are illustrated by their physical and mechanical properties and ability to be processed as thermoplastic materials of filled vulcanized elastomers.The demand for styrenic block copolymers in the medical and healthcare industry is primarily high owing to high health and environmental issues related to its usage.
Hence, the shift in trend to replace PVC products with environment-friendly compounds has boosted the growth and demand for styrenic block copolymers in the medical and healthcare applications.Also, increasing research and development in bio-based SBC plastics market is likely to herald the most promising growth opportunity in the market.
The only critical challenge this market faces is the volatility in raw material prices.
The Global Styrenic Polymers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Product – Polystyrene (PS)By Geography – North America (NA)Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Styrenic Polymers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/9176-styrenic-polymers-market-reportThe report also covers the complete competitive landscape of the global Styrenic Polymers market with company profiles of key players such as:Styrolution Group GmbHAmericas Styrenics LLCStyron LLC (Trinseo S.A.)Saudi Basic Industries CorporationChi Mei CorporationKraton Polymers LLCINEOS ABS (USA) CorporationChevron Phillips Chemical Company LLCBayer MaterialScience AGNova Chemicals CorporationLG Chem LtdA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product:Polystyrene (PS)Acrylonitrile Butadiene Styrene (ABS)Styrene Acrylonitrile (SAN)Methyl – Methacrylate Butadiene Styrene (MBS)Methyl – Methacrylate Acrylonitrile Butadiene Styrene (MABS)Styrene Methyl – Methacrylate (SMMA)Styrene Butadiene Styrene (SBS)Styrene Ethylene Butylene Styrene (SEBS)Others (Including Unsaturated Polyester Resins (UPR), Acrylonitrile Styrene Acrylate (ASA), Styrene Isoprene Butadiene Styrene (SIBS), etc.
)By Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Rest of the World (RoW)Download Free Sample Report of Global Styrenic Polymers Market @ https://www.decisiondatabases.com/contact/download-sample-9176The Global Styrenic Polymers Market has been exhibited in detail in the following chapters –Chapter 1 Styrenic Polymers Market PrefaceChapter 2 Executive SummaryChapter 3 Styrenic Polymers Industry AnalysisChapter 4 Styrenic Polymers Market Value Chain AnalysisChapter 5 Styrenic Polymers Market Analysis By ProductChapter 6 Styrenic Polymers Market Analysis By GeographyChapter 7 Competitive Landscape Of Styrenic Polymers CompaniesChapter 8 Company Profiles Of Styrenic Polymers IndustryPurchase the complete Global Styrenic Polymers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-9176Other Reports by DecisionDatabases.com:Global Cast Polymers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Biopolymers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Electroactive Polymers (EAP) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
COVID-19 Impact Analysis on Medical Styrenic Block Copolymer Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the medical styrenic block copolymer market include INEOS Styrolution Group, JSR Corporation, TSRC Corporation, Zeon Corporation, and Kraton Corporation.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Medical Styrenic Block Copolymer Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/medical-styrenic-block-copolymer-market/download-sampleMarket DynamicsStyrenic block copolymer’s exceptional properties make them most viable for medical uses.
SBC offers excellent strength and elasticity, superior temperature resistance, enhanced precision chemistry, and property control that meets FDA clearances for various food and medical packaging applications and is Compatible with many polyolefins, styrenics, and resins.
However, the unstable price of crude oil has a significant impact on the cost of styrenic block copolymers.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
Key Highlights of Global Styrenic Polymers Market for Medical ApplicationsThe global Styrenic Polymers Market for Medical Applications was valued at US$ 3,028.2 Mn in 2018 and is anticipated to expand at a CAGR of 6.6% during the forecast periodUsed in a number of surgical instruments, connector tubes, portable medical devices, liquid containers, and bags, styrenic polymers and copolymers are seeing a rapid increase in demand for their superior properties such as high abrasion resistance, and dimensional stability.
These include low cost and versatility in design.Additionally, it is also worth noting than in some countries use of PVC (poly vinyl chloride) is now banned or at least restricted, leading to a higher demand for styrenic polymersDownload PDF Brochure -Â https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=36584Â Key Drivers of Global Styrenic Polymers Market for Medical ApplicationsPolyvinyl chloride (PVC) is a highly popular thermoplastic that is used in medical applications across the world.
Usage of PVC has been a growing concern over the last decade, as it contains phthalates, which is hazardous to the environment.
Demand for thermoplastic elastomers has increased in almost every end-use industry (including medical and healthcare) in the quest for environment friendly alternatives for PVC.PVC is utilized in the medical and healthcare industries to manufacture devices for the storage of IV fluids, dialysis solutions, blood bags, tubing, and connectors.
However, the increasing impact of PVC on the environment through release of dioxins is changing its market dynamics.There exists a threat that PVC is likely to contaminate IV fluids and migrate into the human body.
According to the U.S. FDA, thermoplastic elastomers (TPEs) are best suited for applications that require UV stability, and are safe to be utilized in medical devices and equipment.Styrene block copolymers are halogen and plasticizer-free materials with superior abrasion resistance.
COVID-19 Impact Analysis on Medical Styrenic Block Copolymer Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the medical styrenic block copolymer market include INEOS Styrolution Group, JSR Corporation, TSRC Corporation, Zeon Corporation, and Kraton Corporation.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Medical Styrenic Block Copolymer Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/medical-styrenic-block-copolymer-market/download-sampleMarket DynamicsStyrenic block copolymer’s exceptional properties make them most viable for medical uses.
SBC offers excellent strength and elasticity, superior temperature resistance, enhanced precision chemistry, and property control that meets FDA clearances for various food and medical packaging applications and is Compatible with many polyolefins, styrenics, and resins.
However, the unstable price of crude oil has a significant impact on the cost of styrenic block copolymers.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
The global styrenic block copolymer (SBC) market size is projected to reach USD 10,010.5 million by 2028.
The automotive industry has started replacing flexible plastics and thermoset rubber with TPEs.
Fortune Business Insights™ published this information in a new report, titled, “Styrenic Block Copolymer (SBC) Market, 2021-2028.” The report further states that the market stood at USD 7,163.6 million in 2020.
It is set to exhibit a CAGR of 4.2% during the forecast period between 2021-2028.Kraton Corporation Launches DX0222 for Radiation-curable Hot-melt AdhesivesIn June 2020, Kraton Corporation unveiled its latest styrene block copolymer named Kraton™ DX0222.
The product can easily be formulated just like the traditional hot-melt adhesives.
It can also deliver high-performance needs, especially of adhesive formulators.Report Coverage-The research report contains an accurate study of several regions.
Transparency Market Research’s new report titled “Styrenic Block Copolymers Market - Global Industry Analysis, Size, Share, Growth And Forecast 2012 - 2018” discusses the revenue and demand for styrenic block copolymers at a global level.
The report states that the global demand for SBC in the medical and healthcare applications stood at 123.4 kilo tons in 2011.
In terms of revenue the market is expected to reach US$698.8 million by 2018, growing at a CAGR of 7.2% from 2012 to 2018.Browse the full Global Styrenic Block Copolymers (SEBS, SBS, SIBS) Market For Medical Applications (Medical Bags, Tubing, Wound Care, Equipments, Packaging & Diagnostic Products) - Global Industry Analysis, Size, Share, Growth And Forecast 2012 - 2018 report at https://www.transparencymarketresearch.com/styrenic-block-copolymers.htmlBrowse: global Styrenic block copolymers marketStyrenic block copolymers commonly known as SBCs consume the largest-volume market within the thermoplastic elastomers (TPE) family.
Styrenic block copolymers are illustrated by their physical and mechanical properties and ability to be processed as thermoplastic materials of filled vulcanized elastomers.The demand for styrenic block copolymers in the medical and healthcare industry is primarily high owing to high health and environmental issues related to its usage.
Hence, the shift in trend to replace PVC products with environment-friendly compounds has boosted the growth and demand for styrenic block copolymers in the medical and healthcare applications.Also, increasing research and development in bio-based SBC plastics market is likely to herald the most promising growth opportunity in the market.
The only critical challenge this market faces is the volatility in raw material prices.
The Global Styrenic Polymers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Product – Polystyrene (PS)By Geography – North America (NA)Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Styrenic Polymers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/9176-styrenic-polymers-market-reportThe report also covers the complete competitive landscape of the global Styrenic Polymers market with company profiles of key players such as:Styrolution Group GmbHAmericas Styrenics LLCStyron LLC (Trinseo S.A.)Saudi Basic Industries CorporationChi Mei CorporationKraton Polymers LLCINEOS ABS (USA) CorporationChevron Phillips Chemical Company LLCBayer MaterialScience AGNova Chemicals CorporationLG Chem LtdA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product:Polystyrene (PS)Acrylonitrile Butadiene Styrene (ABS)Styrene Acrylonitrile (SAN)Methyl – Methacrylate Butadiene Styrene (MBS)Methyl – Methacrylate Acrylonitrile Butadiene Styrene (MABS)Styrene Methyl – Methacrylate (SMMA)Styrene Butadiene Styrene (SBS)Styrene Ethylene Butylene Styrene (SEBS)Others (Including Unsaturated Polyester Resins (UPR), Acrylonitrile Styrene Acrylate (ASA), Styrene Isoprene Butadiene Styrene (SIBS), etc.
)By Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Rest of the World (RoW)Download Free Sample Report of Global Styrenic Polymers Market @ https://www.decisiondatabases.com/contact/download-sample-9176The Global Styrenic Polymers Market has been exhibited in detail in the following chapters –Chapter 1 Styrenic Polymers Market PrefaceChapter 2 Executive SummaryChapter 3 Styrenic Polymers Industry AnalysisChapter 4 Styrenic Polymers Market Value Chain AnalysisChapter 5 Styrenic Polymers Market Analysis By ProductChapter 6 Styrenic Polymers Market Analysis By GeographyChapter 7 Competitive Landscape Of Styrenic Polymers CompaniesChapter 8 Company Profiles Of Styrenic Polymers IndustryPurchase the complete Global Styrenic Polymers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-9176Other Reports by DecisionDatabases.com:Global Cast Polymers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Biopolymers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Electroactive Polymers (EAP) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.