Global Styrenic Block Copolymer Market by Type (SEBS, SIS, Other), By Application (Paints & Coatings, Adhesives, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The styrenic block copolymer market is expected to reach USD 8.2 billion by 2028. The study covers the global styrenic block copolymer market and its various applications such as paints & coatings, adhesives, other and region-wise analyses of North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Styrenic block copolymers are terpolymer materials with styrene as a major constituent. Styrenes, which account for about 40% of the world's plastics production, consist mainly of polystyrene and ABS (acrylonitrile-butadiene-styrene). They offer better processability than their methyl methacrylate counterparts because they have higher free volume contents. The properties that make this type of polymer appealing to manufactures include elasticity, impact resistance, chemical resistance, and proximity to the glass transition temperature. ABS is an example of styrenics used in automotive applications such as bumpers on automobiles or other vehicle components where it may be exposed to harsh chemicals like fuels or oils during its service life.
Styrenic block copolymers are a subclass of styrenes. A typical SEBS polymer will consist of an elastomer and a rigid, hard segment that may be made from polystyrene or ABS. The high stiffness imparted by the hard segments allows for better processability during manufacture to form films, sheets, plasticized PVC pipes, and other molded parts as well as improved mechanical strength compared to homopolymer blends when compounded in semi-crystalline thermoplastics such as PS (polystyrene). This property also makes these types of chemicals more suitable than their counterpart methyl methacrylate plastics for applications requiring proximity with glass transition temperature like cables insulation due to its excellent heat resistance performance.
On the basis of type, the global styrenic block copolymer market is segmented into SEBS, SIS, and others.
SEBS
SEBS styrenic block copolymers are made through the condensation of two monomers and have an ethylene-styrene base. They can be made by polymerizing together styrene and butadiene in an alternating sequence, or they may contain other polymeric segments as well. In this case, SEBS is also known as a semi-additive elastomeric block copolymer (SAEBC) or styrene-butadiene elastomer (SB).
SEBS is often used in automotive applications for door seals, gaskets, and other flexible products due to its toughness. It also has a relatively high heat resistance performance because of its ethylene base which makes it an excellent choice when working with glass transition temperature materials like cable insulation. The low cost of production is another reason why SEBS became popular among manufacturers.
SIS
SIS (styrene-isoprene-styrene) is a block copolymer that has found its way into the production of adhesives and coatings. It consists of styrene molecules, which are polymers with repeating units containing mainly carbon atoms, hydrogen atoms, and unsaturated bonds (-C=C-) in a chain structure. Styrenes have only one double bond for every two single bonds between them; this means they're more reactive than other common plastics like PET or PVC which contain hydrocarbons. They also require fewer end groups to provide effective properties such as flexibility or water resistance when applied to surfaces because they can form different molecular structures depending on their surroundings - unlike most elastomers that do not change their molecular structure.
On the basis of application, the global styrenic block copolymer market is segmented into paints and coatings, adhesives, others.
Paints And Coatings
The paints and coatings segment is the largest end-user in the styrenic block copolymer market, accounting for a major share of demand. Paints & Coatings include various types such as primers, exterior house paint, interior wall coating, and others. Paints & Coatings is the most prominent application segment in this market, accounting for a major share of demand. Paints & Coatings include various types such as primers, exterior house paint, interior wall coating, and others.
Adhesives
Styrenic block copolymers are widely used as an adhesive in the construction industry. The use of styrene-butadiene (SBR) as a binder is widespread, with SIS being the most popular choice for high-performance adhesives designed to resist aging and ultraviolet light exposure when used outdoors.
One way styrenic block copolymers are used is as an adhesive. For example, SEBS can be a significant component of rubber in products like tires and shoes because it provides excellent adhesion to plastics. The right amount of SIS makes this kind of material resistant to abrasion (wear) from other materials rubbing against one another while being transported or stored.
On the basis of region, the global styrenic block copolymer market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American styrenic block copolymer market is expected to dominate the global industry due to higher demand from end-users in this region such as automotive manufacturers. North America dominates the styrene block polymer industry with about 44%; APAC follows close behind with 36%. Europe accounts for 16%, and Latin America rounds out this area with 13%. The developing economies of China and India are expected to contribute significantly towards growth in the APAC region.
Growth Factors
The styrenic block copolymer market is driven by factors such as growing demand for coatings, paints, and adhesives. Increasing industrialization across the Asia Pacific & Middle East countries owing to rapidly developing economies has also fuelled the growth of the styrenic block copolymers in these regions. Moreover, the use of environmentally friendly material with low VOC emission rates will increase the application scope of this polymer globally.
Up Market Research published a new report titled “Styrenic Block Copolymer Market research report which is segmented by Types (SEBS, SIS, Other), By Applications (Paints & Coatings, Adhesives, Other), By Players/Companies SINOPEC, Zeon Corporation, BASF SE, LG Chemicals, Chevron Phillips, Eastman Chemical Company, Dynasol Elastomers, LCY Group, Polyone and Versalis, Kraton Performance Polymers, Kumho Petrochemicals Co., JSR Corp., Momentive Specialty Chemicals, Asahi Kasei”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Styrenic Block Copolymer Market Research Report |
By Type | SEBS, SIS, Other |
By Application | Paints & Coatings, Adhesives, Other |
By Companies | SINOPEC, Zeon Corporation, BASF SE, LG Chemicals, Chevron Phillips, Eastman Chemical Company, Dynasol Elastomers, LCY Group, Polyone and Versalis, Kraton Performance Polymers, Kumho Petrochemicals Co., JSR Corp., Momentive Specialty Chemicals, Asahi Kasei |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 230 |
Number of Tables & Figures | 161 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Styrenic Block Copolymer Market Report Segments:
The market is segmented by Type SEBS, SIS, Other and By Application Paints & Coatings, Adhesives, Other.
Some of the companies that are profiled in this report are:
- SINOPEC
- Zeon Corporation
- BASF SE
- LG Chemicals
- Chevron Phillips
- Eastman Chemical Company
- Dynasol Elastomers
- LCY Group
- Polyone and Versalis
- Kraton Performance Polymers
- Kumho Petrochemicals Co.
- JSR Corp.
- Momentive Specialty Chemicals
- Asahi Kasei
Styrenic Block Copolymer Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Styrenic Block Copolymer Market
Overview of the regional outlook of the Styrenic Block Copolymer Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Styrenic Block Copolymer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Styrenic Block Copolymer Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. SEBS
2. SIS
3. Other
7. By Application:1. Paints & Coatings
2. Adhesives
3. Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Styrenic Block Copolymer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Styrenic Block Copolymer Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Styrenic Block Copolymer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Styrenic Block Copolymer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Styrenic Block Copolymer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Styrenic Block Copolymer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Styrenic Block Copolymer Market Size & Forecast, 2018-2028
4.5.1 Styrenic Block Copolymer Market Size and Y-o-Y Growth
4.5.2 Styrenic Block Copolymer Market Absolute $ Opportunity
Chapter 5 Global Styrenic Block Copolymer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Styrenic Block Copolymer Market Size Forecast by Type
5.2.1 SEBS
5.2.2 SIS
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Styrenic Block Copolymer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Styrenic Block Copolymer Market Size Forecast by Applications
6.2.1 Paints & Coatings
6.2.2 Adhesives
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Styrenic Block Copolymer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Styrenic Block Copolymer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Styrenic Block Copolymer Analysis and Forecast
9.1 Introduction
9.2 North America Styrenic Block Copolymer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Styrenic Block Copolymer Market Size Forecast by Type
9.6.1 SEBS
9.6.2 SIS
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Styrenic Block Copolymer Market Size Forecast by Applications
9.10.1 Paints & Coatings
9.10.2 Adhesives
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Styrenic Block Copolymer Analysis and Forecast
10.1 Introduction
10.2 Europe Styrenic Block Copolymer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Styrenic Block Copolymer Market Size Forecast by Type
10.6.1 SEBS
10.6.2 SIS
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Styrenic Block Copolymer Market Size Forecast by Applications
10.10.1 Paints & Coatings
10.10.2 Adhesives
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Styrenic Block Copolymer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Styrenic Block Copolymer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Styrenic Block Copolymer Market Size Forecast by Type
11.6.1 SEBS
11.6.2 SIS
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Styrenic Block Copolymer Market Size Forecast by Applications
11.10.1 Paints & Coatings
11.10.2 Adhesives
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Styrenic Block Copolymer Analysis and Forecast
12.1 Introduction
12.2 Latin America Styrenic Block Copolymer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Styrenic Block Copolymer Market Size Forecast by Type
12.6.1 SEBS
12.6.2 SIS
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Styrenic Block Copolymer Market Size Forecast by Applications
12.10.1 Paints & Coatings
12.10.2 Adhesives
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Styrenic Block Copolymer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Styrenic Block Copolymer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Styrenic Block Copolymer Market Size Forecast by Type
13.6.1 SEBS
13.6.2 SIS
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Styrenic Block Copolymer Market Size Forecast by Applications
13.10.1 Paints & Coatings
13.10.2 Adhesives
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Styrenic Block Copolymer Market: Competitive Dashboard
14.2 Global Styrenic Block Copolymer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SINOPEC
14.3.2 Zeon Corporation
14.3.3 BASF SE
14.3.4 LG Chemicals
14.3.5 Chevron Phillips
14.3.6 Eastman Chemical Company
14.3.7 Dynasol Elastomers
14.3.8 LCY Group
14.3.9 Polyone and Versalis
14.3.10 Kraton Performance Polymers
14.3.11 Kumho Petrochemicals Co.
14.3.12 JSR Corp.
14.3.13 Momentive Specialty Chemicals
14.3.14 Asahi Kasei