Global Styrene Butadiene Styrene (SBS) Market growing by Increasing Market SharePosted by swamiv on October 30th, 2019 Global Styrene Butadiene Styrene (SBS) Market By 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 Market Analysis: Global Styrene Butadiene Styrene (SBS) Market Global styrene butadiene styrene (SBS) market is expected to rise to an estimated value of USD 6906.02 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Increasing usage of SBS block copolymer in adhesives & sealants and rising application of SBS are the factor for the growth of this market. FREE | Get a Copy of Sample Report Now! @ Market Definition: Global 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:
Segmentation: Global Styrene Butadiene Styrene (SBS) Market By Product o Non-Oil-Extended SBS o Oil- Extended SBS By Application o Footwear o Asphalt Modification o Polymer Modification o Adhesives o Medical Devices o Electric & Electronic Devices o TPE Compounding, Others Key Developments in the Market:
Competitive Analysis: Global styrene butadiene styrene is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of styrene butadiene styrene (SBS) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. Key Market Competitors: 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 About Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact: Data Bridge Market Research Tel: +1-888-387-2818 Report Related Global Emulsion Polymer MarketLike it? Share it!More by this author |