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Styrene-Butadiene-Styrene (SBS) Block Copolymer - Global Strategic Business Report

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    Report

  • 351 Pages
  • October 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1824142
The global market for Styrene-Butadiene-Styrene (SBS) Block Copolymer is estimated at 2.2 Million Tons in 2023 and is projected to reach 3.3 Million Tons by 2030, growing at a CAGR of 5.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the Styrene-Butadiene-Styrene (SBS) block copolymer market is driven by several factors, including advancements in polymer technology, expanding end-use applications, and increasing consumer demand for high-performance materials. Innovations in SBS formulation and processing techniques have improved its performance characteristics, making it more suitable for a wider range of applications. The construction industry`s demand for improved paving and roofing materials has significantly boosted the use of SBS in modified asphalt products. Additionally, the automotive industry`s push for lightweight and durable materials to enhance fuel efficiency and reduce emissions has further fueled the adoption of SBS. The growing awareness of SBS`s benefits in producing high-performance adhesives and sealants is also contributing to market expansion. As industries continue to seek materials that offer enhanced performance, versatility, and cost-effectiveness, the SBS market is poised for sustained growth.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Asphalt Modification Application segment, which is expected to reach 1.3 Million Tons by 2030 with a CAGR of a 5.9%. The Adhesives, Sealants & Coatings Application segment is also set to grow at 6.4% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at 360.3 Thousand Tons in 2023, and China, forecasted to grow at an impressive 7.0% CAGR to reach 1.2 Million Tons by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Styrene-Butadiene-Styrene (SBS) Block Copolymer Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Styrene-Butadiene-Styrene (SBS) Block Copolymer Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Styrene-Butadiene-Styrene (SBS) Block Copolymer Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Asahi Kasei Corp., BASF SE, Chevron Phillips Chemical Co. LLC, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 38 Featured):

  • Asahi Kasei Corp.
  • BASF SE
  • Chevron Phillips Chemical Co. LLC
  • Chimei Corp.
  • Dow Inc.
  • En Chuan Chemical Industries Co. Ltd.
  • INEOS Group Holdings SA
  • Kraton Corp.
  • LANXESS AG
  • LCY Chemical Corp.
  • LG Chem Ltd.
  • Milagro Rubber Co. Inc.
  • Repsol SA
  • Sinopec Shanghai Petrochemical Co. Ltd.
  • Solventis Ltd.
  • TSRC Corp.
  • Versalis S.P.A

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Global Economic Update
  • Thermoplastic Elastomers Market: A Prelude
  • Global Thermoplastic Elastomers Market Breakdown by Type (% Value) for 2024
  • An Introduction to Styrene-Butadiene-Styrene (SBS) Block Copolymer
  • Manufacturing Process and Chemistry
  • Basics of SBS Polymerization
  • SBS Microphase Separation
  • Physical and Chemical Properties
  • Applications of SBS Block Copolymer
  • Regulatory Scenario
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer: The Most Important Type of SBC TPEs
  • Global Market Outlook
  • Developing Regions Continue to Spearhead Global Demand
  • Competition
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • SBS Block Copolymer Assumes Critical Importance in Asphalt/Bitumen Modification
  • Global Asphalt Market in US$ Million for the Years 2021, 2023, 2025 and 2027
  • Expanding Road Infrastructure Presents Growth Opportunities
  • Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
  • Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Billion)
  • Asphalt Modification in Road Paving
  • Roofing Materials Demand Impacts SBS Block Copolymer Market
  • Global Roofing Market by Geographic Region/Country (in US$ Million) for the Years 2022 and 2027
  • Adhesives, Sealants & Coatings: Key End-Use Markets for SBS Block Copolymer
  • Demand Trends in Adhesives, Sealants & Coatings Market to Impact Market Growth
  • Adhesives
  • Sealants
  • Coatings
  • Construction Industry Dynamics Impacts SBS Block Copolymer Industry Fortunes
  • Global Construction Spending (in US$ Trillion) for the Years 2020-2028
  • Rising Investments in Infrastructure Projects Strengthens Market Prospects
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Urbanization in Developing Countries to Drive Growth
  • World Urban Population in Million: 1950-2050P
  • Enhancing Functional Properties of Footwear with SBS Block Copolymer
  • Global Footwear Sales in US$ Million by Region/Country for 2022 and 2026
  • Impact of the Pandemic on Footwear Sales
  • Growing Role of Styrenic Polymers in Medical Applications: Potential for SBS Block Copolymer Market
  • Increasing Demand for SBS in Hot Melt Adhesives
  • Sustained High Demand for Engineering Plastics Augurs Well for Market
  • Global Engineering Plastics Market in US$ Billion for the Years 2022, 2024, 2026 and 2028
  • Growing Demand for Oil Extended & Dry SBS Versions
  • Potential Health Hazards Due to Exposure - A Major Challenge
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Analysis of Annual Sales in Tons for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Styrene-Butadiene-Styrene (SBS) Block Copolymer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Styrene-Butadiene-Styrene (SBS) Block Copolymer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Styrene-Butadiene-Styrene (SBS) Block Copolymer by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Asphalt Modification by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Asphalt Modification by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Asphalt Modification by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Adhesives, Sealants & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Adhesives, Sealants & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Adhesives, Sealants & Coatings by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Polymer Modification by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Polymer Modification by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Polymer Modification by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Building & Construction by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Packaging by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Tons for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICA
  • Styrene-Butadiene-Styrene (SBS) Block Copolymer Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Asahi Kasei Corp.
  • BASF SE
  • Chevron Phillips Chemical Co. LLC
  • Chimei Corp.
  • Dow Inc.
  • En Chuan Chemical Industries Co. Ltd.
  • INEOS Group Holdings SA
  • Kraton Corp.
  • LANXESS AG
  • LCY Chemical Corp.
  • LG Chem Ltd.
  • Milagro Rubber Co. Inc.
  • Repsol SA
  • Sinopec Shanghai Petrochemical Co. Ltd.
  • Solventis Ltd.
  • TSRC Corp.
  • Versalis S.P.A

Table Information