Styrenic Block Copolymers, short as SBCs, are high-performance thermoplastic elastomers engineered to enhance the performance capabilities of a wide spectrum of end products and applications. Its versatility in compounding enables extensive tuning of product properties, which allows the market to keep growing into new directions.
SBCs are copolymers of styrene with butadiene, isoprene, or others. SBS, SIS, and SEBS are the common copolymers, and SEBS is the hydrogenated styrene butadiene styrene.

The technical barriers of SBCs are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Japan and USA. The key companies in SBCs market include Kraton, Dynasol, LG Chem, LCY, TSRC, Sinopec, Versalis, CNPC, and Keyuan. In 2015, the demand for SIS/SEBS in all regions is leveling off. Looking toward 2016, the demand for special SBS products in the high added-value application market is still good, and the demand for SIS/SEBS will gradually improve along with the global economy. The demand for these products will grow steadily.
SBCs are widely used in adhesives, sealants, polymer, paving and roofing, coatings, candle and personal care applications and others. In 2014, SBCs for footwear industry and asphalt modifier consumption occupy more than 50% of total amount. In recent years, China has become the largest world market for SBCs, surpassing North America and Europe. China is the leading footwear producer in the world, followed by India. The growing footwear industry in China, India and Thailand, and increasing consumption in polymer modifier and asphalt modifier is expected to boost the demand for SBCs over the forecast period. Therefore, increasing demand for SBCs is expected to support the growth over forecast period. SBCs industry will usher in a stable growth space.

The Global Styrenic Block Copolymers (SBCs) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Styrenic Block Copolymers (SBCs) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Kraton
Dynasol
Versalis
Kuraray
Asahi Kasei
Kumho Petrochemical
LG Chem
LCY
TSRC
Sinopec
CNPC
Keyuan
Jusage

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

SBS
SIS
SEBS
Other
In Market segmentation by applications :

Footwear Industry
Roofing
Paving
Personal Care
Packaging & Industrial Adhesives

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Styrenic Block Copolymers (SBCs) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Styrenic Block Copolymers (SBCs) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Styrenic Block Copolymers (SBCs) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
Any special requirements about this report, please let us know and we can provide custom report.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

Research Methodology

The Market Research Update offers technology-driven solutions and its full integration in the research process to be skilled at every step. We use diverse assets to produce the best results for our clients. The success of a research project is completely reliant on the research process adopted by the company. Market Research Update assists its clients to recognize opportunities by examining the global market and offering economic insights. We are proud of our extensive coverage that encompasses the understanding of numerous major industry domains.

Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

The Company's Research Process Has the Following Advantages:

1. Information Procurement

The step comprises the procurement of market-related information or data via different methodologies & sources.

2. Information Investigation

This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.

3. Highly Authentic Source

We offer highly authentic information from numerous sources. To fulfills the client’s requirement.

4. Market Formulation

This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.

5. Validation & Publishing of Information

Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.