Global Styrenic Block Copolymer Market Size By Product Type, By Application, By Geographic Scope And Forecast

Report Highlights

Styrenic Block Copolymer Market Size And Forecast

Styrenic Block Copolymer Market was valued at USD 7.34 Billion in 2019 and is projected to reach USD 12.44 Billion by 2027, growing at a CAGR of 6.8% from 2020 to 2027.

The Global Styrenic Block Copolymer Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Styrenic Block Copolymer Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Global Styrenic Block Copolymer Market Overview

Styrenic Block Copolymer is commonly used in infant diapers for the manufacturing of waistbands, ears / side panels, buttons, leg elastics and landing field. Due to elastomeric fabrics, improved comfort & fit of diapers prompted baby diaper manufacturers to introduce compounds such as SBS, SIS, SEBS, SEPS, and SEEPS, which can drive the industry demand for styrenic block copolymer. SBCs are distinguished by their ability to be treated as thermoplastic materials while having the physical and mechanical properties typical of filled vulcanised elastomers, as with other thermoplastic elastomers. The scrap produced is, moreover, reprocessable. Compared to vulcanised rubber, these aspects combine to lower the manufacturing cost of finished articles based on these components.

This report provides an all-inclusive environment of the analysis for the Global Styrenic Block Copolymer Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Styrenic Block Copolymer Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global Styrenic Block Copolymer Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Styrenic Block Copolymer Market.