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SBC and Its Derivatives Market by Product Type (Styrene-Isoprene-Styrene, Styrene-Butadiene-Styrene, Styrene-Ethylene-Butadiene-Styrene, SEPS and Other H-SBC), Application, and Region 2023-2028

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    Report

  • 142 Pages
  • March 2023
  • Region: Global
  • IMARC Group
  • ID: 5743061
The global SBC and its derivatives market size reached US$ 9.3 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 13.4 Billion by 2028, exhibiting a CAGR of 6.28% during 2022-2028. The increasing number of construction activities, rising use in medical applications, and the growing sales of luxury vehicles represent some of the key factors driving the market.

Styrenic block copolymer (SBC) and its derivatives are thermoplastic elastomers that are made by ionic copolymerization of styrene and butadiene (SBS) and styrene and 2-methyl-1,3-butadiene (SIS). They have mechanical properties of rubber and the processing characteristics of thermoplastic. They offer high crystal clarity, thermal stability, and high resistance and indicate no cytotoxic and mutagenic potential. They are added in additives and other high-performance polymeric compounds for the formulation of many products, such as polymer modification, asphalt and bitumen modification, vulcanized compounding, and adhesives and sealants. Besides this, as SBC and its derivatives are more environment friendly as compared than polyvinyl chloride (PVC), they are used in different industry verticals across the globe.

SBC and Its Derivatives Market Trends:

SBC and its derivatives are employed in the construction industry for various paving and roofing applications. This, coupled with the increasing number of housing units on account of the rising global population and inflating disposable income, represents one of the key factors bolstering the market growth around the world. Moreover, the expanding number of remodeling and renovation activities in residential and commercial areas, especially in urban areas, is favoring the market growth. In addition, the growing investments in the expansion of smart cities by governments of numerous countries are influencing the market positively. Apart from this, the increasing utilization of SBC and its derivatives in the manufacturing of footwear on account of their numerous properties, such as excellent elasticity, gas barrier, slip resistance, flexing endurance, wear resistance, and low-temperature resistance, are contributing to the market growth. Furthermore, SBC and its derivatives are used in numerous medical applications, including comfort bedding, IV connectors, IV bags, IV drip chambers, IV bottles, IV tubing, medical stoppers, films, and orthopedics and respiratory tool. They are resistant to ultraviolet (UV) and offer good mechanical strength, high transparency, and flexibility. Besides this, the rising utilization of SBC and its derivatives in the packaging of drugs and vaccines and significant growth in the pharmaceutical industry is creating a positive outlook for the market. Additionally, SBC and its derivatives are utilized in manufacturing different components of vehicles, which include hoses, gaskets, belts, and other parts. This, coupled with the increasing sales of luxury vehicles, is strengthening the growth of the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each segment of the global SBC and its derivatives market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on product type and application.

Product Type Insights:

  • Styrene-Isoprene-Styrene (SIS)
  • Styrene-Butadiene-Styrene (SBS)
  • Styrene-Ethylene-Butadiene-Styrene (SEBS)
  • SEPS and Other H-SBC
The report has provided a detailed breakup and analysis of the SBC and its derivatives market based on the product type. This includes styrene-isoprene-styrene (SIS), styrene-butadiene-styrene (SBS), styrene-ethylene-butadiene-styrene (SEBS), and SEPS and other H-SBC. According to the report, styrene-butadiene-styrene (SBS) represented the largest segment.

Application Insights:

  • Footwear
  • Adhesives, Sealants and Coatings
  • Roofing and Paving
  • Advanced Materials
  • Others
A detailed breakup and analysis of the SBC and its derivatives market based on the application has also been provided in the report. This includes footwear, adhesives, sealants and coatings, roofing and paving, advanced materials, and other applications. According to the report, roofing and paving accounted for the largest market share.

Regional Insights:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific was the largest market for SBC and its derivatives. Some of the factors driving the Asia Pacific SBC and its derivatives market included rapid industrialization, increasing use of SBC and its derivatives in footwear, and rising construction activities.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global SBC and its derivatives market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Asahi Kasei Corporation, Avient Corporation, BASF SE, China Petroleum & Chemical Corporation, Denka Company Limited, Dynasol Group, Kraton Corporation (DL Chemical Co., Ltd.), LG Chem Ltd. (LG Corporation), LYC Group, TRSC Corporation, Versalis (Eni S.p.A.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

  • How has the global SBC and its derivatives market performed so far and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global SBC and its derivatives market?
  • What are the key regional markets?
  • Which countries represent the most attractive SBC and its derivatives markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the competitive structure of the global SBC and its derivatives market?
  • Who are the key players/companies in the global SBC and its derivatives market?

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global SBC and Its Derivatives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Product Type
6.1 Styrene-Isoprene-Styrene (SIS)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Styrene-Butadiene-Styrene (SBS)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Styrene-Ethylene-Butadiene-Styrene (SEBS)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 SEPS and Other H-SBC
6.4.1 Market Trends
6.4.2 Market Forecast

7 Market Breakup by Application
7.1 Footwear
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Adhesives, Sealants and Coatings
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Roofing and Paving
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Advanced Materials
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast

8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast

9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities

10 Value Chain Analysis

11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Asahi Kasei Corporation
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Avient Corporation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 BASF SE
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 China Petroleum & Chemical Corporation
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Denka Company Limited
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.6 Dynasol Group
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Kraton Corporation (DL Chemical Co., Ltd.)
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 LG Chem Ltd. (LG Corporation)
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 LYC Group
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 TRSC Corporation
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Versalis (Eni S.p.A.)
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio

Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

List of Figures
Figure 1: Global: SBC and Its Derivatives Market: Major Drivers and Challenges
Figure 2: Global: SBC and Its Derivatives Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: SBC and Its Derivatives Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: SBC and Its Derivatives Market: Breakup by Product Type (in %), 2022
Figure 5: Global: SBC and Its Derivatives Market: Breakup by Application (in %), 2022
Figure 6: Global: SBC and Its Derivatives Market: Breakup by Region (in %), 2022
Figure 7: Global: SBC and Its Derivatives (Styrene-Isoprene-Styrene (SIS)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: SBC and Its Derivatives (Styrene-Isoprene-Styrene (SIS)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: SBC and Its Derivatives (Styrene-Butadiene-Styrene (SBS)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: SBC and Its Derivatives (Styrene-Butadiene-Styrene (SBS)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: SBC and Its Derivatives (Styrene-Ethylene-Butadiene-Styrene (SEBS)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: SBC and Its Derivatives (Styrene-Ethylene-Butadiene-Styrene (SEBS)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: SBC and Its Derivatives (SEPS and Other H-SBC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: SBC and Its Derivatives (SEPS and Other H-SBC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: SBC and Its Derivatives (Footwear) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: SBC and Its Derivatives (Footwear) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: SBC and Its Derivatives (Adhesives, Sealants and Coatings) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: SBC and Its Derivatives (Adhesives, Sealants and Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: SBC and Its Derivatives (Roofing and Paving) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: SBC and Its Derivatives (Roofing and Paving) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: SBC and Its Derivatives (Advanced Materials) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: SBC and Its Derivatives (Advanced Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: SBC and Its Derivatives (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: SBC and Its Derivatives (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: North America: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: North America: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: United States: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: United States: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Canada: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Canada: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Asia-Pacific: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Asia-Pacific: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: China: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: China: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Japan: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Japan: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: India: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: India: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: South Korea: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: South Korea: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Australia: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Australia: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Indonesia: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Indonesia: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Others: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Others: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Europe: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Europe: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Germany: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Germany: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: France: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: France: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: United Kingdom: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: United Kingdom: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Italy: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Italy: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Spain: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Spain: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Russia: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Russia: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Others: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Others: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Latin America: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Latin America: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Brazil: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Brazil: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Mexico: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Mexico: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Middle East and Africa: SBC and Its Derivatives Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Middle East and Africa: SBC and Its Derivatives Market: Breakup by Country (in %), 2022
Figure 73: Middle East and Africa: SBC and Its Derivatives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Global: SBC and Its Derivatives Industry: Drivers, Restraints, and Opportunities
Figure 75: Global: SBC and Its Derivatives Industry: Value Chain Analysis
Figure 76: Global: SBC and Its Derivatives Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: SBC and Its Derivatives Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: SBC and Its Derivatives Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: SBC and Its Derivatives Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: SBC and Its Derivatives Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: SBC and Its Derivatives Market: Competitive Structure
Table 6: Global: SBC and Its Derivatives Market: Key Players

Companies Mentioned

  • Asahi Kasei Corporation
  • Avient Corporation
  • BASF SE
  • China Petroleum & Chemical Corporation
  • Denka Company Limited
  • Dynasol Group
  • Kraton Corporation (DL Chemical Co.
  • Ltd.)
  • LG Chem Ltd. (LG Corporation)
  • LYC Group
  • TRSC Corporation
  • Versalis (Eni S.p.A.)

Methodology

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