Title: Styrenic Block Copolymers Market
1Styrenic Block Copolymers Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Styrenic Block Copolymers market size is forecast
to reach US10.6 billion by 2027, after growing
at a CAGR of 4.7 during 2022-2027. - Styrenic block copolymers (SBC) such as styrene
isoprene styrene, styrene ethylene butylene
styrene, and more are a class of thermoplastic
elastomers and are produced by ionic
copolymerization.
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- Key Takeaways
- Asia-Pacific dominates the styrenic block
copolymers market, owing to the increasing
building and construction industry in the region.
For instance, in seasonally adjusted terms,
private sector houses rose 15.1 percent monthly
and 57.5 percent annually in February 2021,
according to the Australian Bureau of Statistics
(ABS). - With the rising migration of people towards urban
areas, there is a strong need to build a greater
number of residential houses, which will have a
positive impact on the demand for adhesives,
sealants, and coatings sector and thereby
accelerate the styrenic block copolymers market
during the forecast period.
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By Distribution Channel- Segment Analysis The
unsaturated styrenic block copolymer segment held
the largest share in the styrenic block
copolymers market in 2021 and is forecasted to
grow at a CAGR of 4.9 during 2022-2027. The
styrene-butadiene-styrene (SBS) segment is the
most dominant in unsaturated styrenic block
copolymers because it combines the benefits of
polystyrene and butadiene. The structure's
polybutadiene chains allow the material to be
stretched and returned to its original state.
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- Styrenic Block Copolymers Market Industry
Outlook - BASF SE
- 2. Versalis S.p.A.3. Ineos Styrolution Group
GmbH4. JSR Corporation5. Kumho Petrochemical6.
Eastman Chemical Company7. China Petrochemical
Corporation8. LG Chem9. Asahi Kasei
Corporation10. Grupo Dynasol
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Styrenic Block Copolymers Market - Forecast(2022
- 2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Styrenic-Blo
ck-Copolymers-Market-Research-510944
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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