Global Styrenic Block Copolymer (SBC) Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Styrenic Block Copolymer (SBC) market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Styrenic Block Copolymer (SBC) market."
Styrenic Block Copolymers (SBCs) are high-performance thermoplastic elastomers engineered to improve the performance capabilities of a broad range of end products and applications. SBC is primarily classified into three types, namely styrene-butadiene-styrene block copolymers (SBS), styrene-isoprene-styrene block copolymers (SIS) and styrene-ethylene-butylene-styrene block copolymers (SEBS).
The rising consumption rates of SBC in the healthcare industry is estimated to be one of the major factors that will have a positive impact on the growth of the market.The characteristics such as biodegradability, low drug absorption, high resilience, toughness, optical clarity, and process stability drives the demand for SBCs in the healthcare sector. These copolymers are increasingly used as substitutes of PVC in many tubing applications. Innovations and advancements in the medical sector and the increasing need for enhanced bio-degradable thermoplastic elastomers to manufacture medical bags, medical tubing, and syringes are driving the adoption of SBC in the medical sector.
APAC is estimated to be the major revenue contributor of the SBC market throughout the forecast period. The rise of China as a key manufacturer in the footwear segment and high infrastructural activities in APAC are the factors driving the demand for SBC. Also, the rise in consumption of baby diapers due to rise in the total birth rate will propel the market growth in APAC

The global Styrenic Block Copolymer (SBC) market is valued at 7060 million US$ in 2018 is expected to reach 11700 million US$ by the end of 2025, growing at a CAGR of 6.5% during 2019-2025.
This report focuses on Styrenic Block Copolymer (SBC) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Styrenic Block Copolymer (SBC) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Kraton
    Dynasol
    Kuraray
    Asahi Kasei
    Kumho Petrochemical
    LG Chem
    TSRC
    Chi Mei

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Styrene Butadiene Styrene
    Styrene Isoprene Styrene
    Hydrogenated Styrenic Block Copolymer

Segment by Application
    Paving
    Roofing
    Personal Care
    Packaging & Industrial Adhesives
    Footwear Industry