Styrenic Block Copolymers (SBCs) are a unique class of thermoplastic elastomer (TPE) materials that bridge the gap between rubber and plastic. They consist of hard styrene blocks providing strength and rigidity, and soft elastomeric blocks offering elasticity and flexibility.

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The primary driver is the rising demand from end-user sectors of SBC such as footwear, construction (asphalt modification), adhesives & sealants, and medical devices. This is fueled by factors like increasing disposable income, infrastructure development, and growing urbanization, particularly in developing economies. Thus, in order to meet the growing demand, in September 2022, Kraton Corp. has announced an expansion project for high flow hydrogenated styrenic block copolymer (HSBC) products at its joint venture manufacturing facility in Mailiao, Taiwan.

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Market Coverage
Market number available for – 2024-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Styrenic Block Copolymer Market by Product

Hydrogenated Styrenic Block Copolymers (HSBC)
Styrene-Butadiene-Styrene (SBS)
Styrene-Isoprene-Styrene (SIS)

Global Styrenic Block Copolymer Market by Application

Asphalt Modification
Footwear
Polymer Modification
Adhesives and Sealants
Other Applications

Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
The Middle East & Africa

Company Profiles 

CHIMEI H
China Petroleum & Chemical Corporation (Sinopec)
Denka Company Ltd.
Dynasol Group
En Chuan Chemical Industries Co., Ltd.
Fujian Gulei Petrochemical Co.
INEOS Styrolution Group GmbH
JSR Corp.
Korea Kumho Petrochemical Co., Ltd.
KRATON CORP.
Kuraray Co., Ltd.
LG Chem
SIBUR
TSRC
Versalis S.p.A.
Zhejiang Zhongli Synthetic Material Technology Co., Ltd.

The Report Covers

Market value data analysis of 2023and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global SBC market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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