Styrenic block copolymers, commonly known as SBCs, belong to the family of thermoplastic elastomers. These polymers are consumed in bulk compared with other thermoplastic elastomers and exhibit properties similar to rubber, though they are processed as thermoplastics. They are added in additives and other high-performance polymeric compounds for the formulation of many products.
The paving and roofing segment dominated the market. The demand for SBC for paving and roofing applications is driven by the growth in infrastructural development in emerging countries, including India. Asphalt or bitumen used for roofing and paving applications require polymer modifiers to meet temperature and property requirements. SBC is the most common polymer used for bitumen modification. The growth of the real estate market in several developing countries will further fuel the adoption of SBCs and their derivatives.
The Global SBC and its Derivatives Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global SBC and its Derivatives 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-
Dynasol
Sinopec
LCY Chemical
PolyOne
TSRC
Versalis
A Schulman (Network Polymers)
Asahi Kasei Elastomers
BASF
Chevron Phillips Chemical
Chi Mei
Denka
En Chuan Chemical Industries
ExxonMobil
Firestone Polymers
Huntsman
JSR
Kumho Petrochemical

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 :
Styrenic-Butadiene-Styrenic (SBS)
Hydrogenated Styrenic Block Copolymers (HSBC)
Styrene-Isoprene-Styrene (SIS)

In Market segmentation by applications :
Paving and Roofing
Footwear
Advanced Material
Adhesives, Sealants, and Coatings
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the SBC and its Derivatives Market for the forecast period 2023-2030?
• What are the driving forces in the SBC and its Derivatives 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 SBC and its Derivatives 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?
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