Styrene Butadiene Styrene (SBS) Market Size, Industry Growth and Top Leaders- Grupo Dynasol, LG Chem, Versalis, Sibur.
Styrene Butadiene Styrene (SBS) Market Styrene butadiene styrene (SBS) is a block copolymer composed of blocks that are expanded styrene and butadiene sequences connected by covalent bonds to each other. They are part of the f thermoplastic elastomers that have mechanical properties of rubbers and capabilities of thermoplasts. Non- oil extended SBS and oil- extended SBS are two products of the SB. They usually have great tensile strength, outstanding surface friction coefficient, and have good electric property. They are widely used in applications such as electric & electronic, asphalt modification, footwear, adhesives and others.
Market Drivers:
Increasing demand of SBS from construction and automotive industry will drive the market growth
Soft and elastic nature of SBS along with higher tack and adhesives quality will also enhance the growth of this market
Rising usage of SBS in bitumen modification application acts as a market driver
Growing demand for eco- friendly adhesives and sealants will accelerate the market growth
Market Restraints:
Fluctuation in the price of raw material will restrain the market growth
High manufacturing cost will also hamper the growth of this market
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Some of the leading key players profiled in this study:
Few of the major competitors currently working in the global styrene butadiene styrene (SBS) market are LCY GROUP, Kraton Coporation., Grupo Dynasol, LG Chem, Versalis, Sibur, KUMHO PETROCHEMICAL, Asahi Kasei Advance Corporation, TSRC, Chi Mei Corporation., China Petrochemical Corporation, China National Petroleum Corporation, Basstech International, India Thermoplastics Engineers, Milagro Rubber Co., Rogitex., Solventis, Chevron Phillips Chemical Company, LANXESS, among others
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Key Pointers Covered in the Styrene Butadiene Styrene (SBS) Market Trends and Forecast to 2026
- Styrene Butadiene Styrene (SBS) Market New Sales Volumes
- Styrene Butadiene Styrene (SBS) Market Replacement Sales Volumes
- Styrene Butadiene Styrene (SBS) Market Installed Base
- Styrene Butadiene Styrene (SBS) Market By Brands
- Styrene Butadiene Styrene (SBS) Market Size
- Styrene Butadiene Styrene (SBS) Market Procedure Volumes
- Styrene Butadiene Styrene (SBS) Market Product Price Analysis
- Styrene Butadiene Styrene (SBS) Market Healthcare Outcomes
- Styrene Butadiene Styrene (SBS) Market Cost of Care Analysis
- Styrene Butadiene Styrene (SBS) Market Regulatory Framework and Changes
- Styrene Butadiene Styrene (SBS) Market Prices and Reimbursement Analysis
- Styrene Butadiene Styrene (SBS) Market Shares in Different Regions
- Recent Developments for Styrene Butadiene Styrene (SBS) Market Competitors
- Styrene Butadiene Styrene (SBS) Market Upcoming Applications
- Styrene Butadiene Styrene (SBS) Market Innovators Study
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Scope of the Styrene Butadiene Styrene (SBS) Market
- Current and future of Styrene Butadiene Styrene (SBS) Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Global Styrene Butadiene Styrene (SBS) MarketBy Product (Non-Oil-Extended SBS, Oil- Extended SBS), Application (Footwear, Asphalt Modification, Polymer Modification, Adhesives, Medical Devices, Electric & Electronic Devices, TPE Compounding, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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