デフォルト表紙
市場調査レポート
商品コード
1622762

スチレン系ブロック共重合体市場:タイプ、用途、エンドユーザー、地域別、2024年~2031年

Styrenic Block Copolymer Market By Type, Application, End User, & Region for 2024-2031


出版日
ページ情報
英文 202 Pages
納期
2~3営業日
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=152.30円
スチレン系ブロック共重合体市場:タイプ、用途、エンドユーザー、地域別、2024年~2031年
出版日: 2024年08月12日
発行: Verified Market Research
ページ情報: 英文 202 Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 目次
概要

スチレン系ブロック共重合体市場の評価、2024年~2031年

スチレン系ブロック共重合体(SBC)市場の上昇要因は、高い弾性、柔軟性、耐久性などの優れた特徴により、さまざまな最終用途分野でこれらの材料に対する需要が増加しているためです。SBCは、接着剤、シーラント、コーティング剤、医療機器などの用途に広く利用されており、建設、自動車、ヘルスケア産業の台頭から恩恵を受けています。さらに、持続可能でリサイクル可能な材料を求める動きが、従来の材料よりも環境面で有利なSBCの開発を後押ししています。スチレン系ブロック共重合体市場は、2024年に24億3,000万米ドルの収益を突破し、2031年には33億5,000万米ドルに達すると推計されます。

重合プロセスの革新がスチレン系ブロック共重合体(SBC)市場の成長を牽引し、材料の汎用性と性能を高めています。こうした開発により、弾性、耐久性、耐環境性が向上し、SBCは接着剤、シーラント、コーティング剤など幅広い用途に適しています。スチレン系ブロック共重合体市場は、2024年から2031年まで予測CAGR 4.10%で上昇する見込みです。

スチレン系ブロック共重合体市場定義/概要

スチレン系ブロック共重合体(SBC)は、ゴムやプラスチックのような特性を持つ熱可塑性エラストマーです。スチレン、ブタジエン、イソプレンのブロックから成り、一般に直鎖状または分岐状に組織されています。SBCは、エラストマーブロックによりゴムの弾性と柔軟性を持ち、スチレンブロックによりプラスチックのような強度と加工性を持っています。この組み合わせにより、SBCは非常に適応性が高く、接着剤、シーラント、履物、医療機器、包装材料など、柔軟性と耐久性が求められるさまざまな用途に利用できます。スチレン系ブロック共重合体(SBC)の将来は、さまざまな産業におけるその多様な用途のおかげで、楽観視できそうです。SBCは、その高い耐久性と柔軟性により、自動車産業の内装・外装部品に急速に採用されています。医療分野では、SBCの生体適合性と柔軟性が人気を集めており、医療機器やチューブに最適です。SBCはまた、その優れた密封性と透明性により、包装業界にも役立っています。

様々な産業からの需要の高まりと持続可能性はスチレン系ブロック共重合体市場の成長を加速させるか?

様々な産業からの需要の高まりと、持続可能性への強い後押しが相まって、スチレン系ブロック共重合体市場の成長を大幅にエスカレートさせるでしょう。SBCの強力な粘着性と柔軟性は、接着剤やシーラントへの使用に優れており、建築、自動車、包装業界で高い人気を誇っています。SBCはその耐久性、伸縮性、履き心地の良さから、靴業界で広く使われています。快適で長持ちする履物に対する消費者の需要が高まるにつれ、SBCの需要も高まっています。

SBCは自動車の内装、ソフトタッチの表面、外装用途に使用されています。自動車生産台数の増加や高品質な内装を求める消費者の需要に後押しされた自動車産業の活況が、SBCの需要を高めています。SBCは生体適合性に優れ、柔軟で透明であるため、医療機器、チューブ、その他のヘルスケア用品に最適です。特に世界の健康課題によるヘルスケアサービスや医療機器への需要の高まりが、市場拡大の原動力となっています。

さらに、SBCは透明性、強度、密封性に優れているため、包装分野、特にフレキシブル包装に人気があります。eコマースの台頭と環境に優しいパッケージング・ソリューションの必要性により、パッケージングにおけるSBCの需要は拡大しています。SBCはその長寿命と耐候性から、建設業界では屋根材、床材、シーリング用途によく利用されています。世界の建設活動の成長、特に新興経済国での成長に伴い、SBCの需要は高まっています。

さらに、SBCは通常のプラスチックよりもリサイクル性が高く、環境への影響が少ないため、好まれています。産業界がより持続可能な慣行へとシフトするにつれ、SBCの使用は拡大すると予測されます。環境規制の強化や有害可塑剤(フタル酸エステルなど)の使用禁止が、より安全で環境に優しいとされるSBCへの移行を後押ししています。

多くの企業が、二酸化炭素排出量の削減や、より持続可能な製品の採用など、持続可能性に関する目標を掲げています。SBCはこうした目標に合致するため、市場の需要が高まっています。消費者は、環境に優しく持続可能な製品への期待を高めています。このような消費者嗜好の動向から、メーカー各社はパッケージからパーソナルケアアイテムに至るまで、製品にSBCを配合するようになっています。

原料価格の変動とサプライチェーンの混乱は、スチレン系ブロック共重合体市場にどのような重大なハードルをもたらすか?

スチレン系ブロック共重合体(SBC)は、スチレンやブタジエンなどの石油化学薬品から作られており、その価格は原油価格に直接関係しています。このように相互に関連しているため、地政学的緊張、OPECの決定、世界の需要の変動などの変数によって引き起こされる変動の影響を受けやすいです。原材料コストの大幅な変動は、SBCメーカーの利益率を低下させる可能性があります。原材料価格が高騰した場合、企業は競争力を維持しながら、そのコストを顧客に転嫁するのに苦労するかもしれないです。

価格変動は、企業にとって効果的な見積もりと財務管理を困難にし、財務上の不確実性をもたらします。予測不可能なコストは、キャッシュフローを混乱させ、長期的な戦略立案を危うくするかもしれないです。価格が変動すると、顧客やサプライヤーとの長期契約はますます難しくなります。固定価格での契約はメーカーを財務的リスクにさらす可能性があり、一方、フレキシブルな価格設定スキームは顧客を遠ざける可能性があります。

さらに、原材料価格の高騰は、SBCメーカーが製品価格を引き上げる原因となる可能性があり、代替素材や原材料コストがより安定している国と比較した場合、SBC製品の競争力を低下させる可能性があります。価格の上昇はSBCの市場需要を低下させ、消費者がより安価な代替品を求めたり、コスト重視の用途での使用を控えたりする原因となる可能性があります。

さらに、原材料の納入遅延などサプライチェーンの混乱は、生産ラインを停止させる可能性があります。自然災害、政情不安、パンデミック、物流の問題は、こうした混乱の主な原因です。サプライチェーンの混乱は、企業が最適な在庫レベルを維持することを困難にします。混乱から身を守るために過剰な備蓄をすると、保有コストが高くなる可能性がある一方、在庫不足は生産停止を引き起こす可能性があります。

混乱はSBCメーカーの物流費を増加させる可能性があります。例えば、出荷率の上昇、運賃の値上げ、取扱手数料の追加などです。これらのコストは複合的に発生し、全体的な収益性に影響を及ぼす可能性があります。混乱時には、生産者は代替サプライヤーから原材料を調達せざるを得なくなる可能性があり、その結果、原材料が割高になったり、品質や一貫性が損なわれたりする可能性があります。

目次

第1章 イントロダクション

  • 市場の定義
  • 市場セグメンテーション
  • 調査手法

第2章 エグゼクティブサマリー

  • 主な調査結果
  • 市場概要
  • 市場ハイライト

第3章 市場概要

  • 市場規模と成長の可能性
  • 市場動向
  • 市場促進要因
  • 市場抑制要因
  • 市場機会
  • ポーターのファイブフォース分析

第4章 スチレン系ブロック共重合体市場:製品タイプ別

  • スチレン-ブタジエン-スチレン(SBS)ブロック共重合体
  • スチレン-エチレン-ブチレン-スチレン(SEBS)ブロック共重合体
  • スチレン-イソプレン-スチレン(SIS)ブロック共重合体
  • スチレン-エチレン-プロピレン-スチレン(SEPS)ブロック共重合体

第5章 スチレン系ブロック共重合体市場:用途別

  • アスファルト改質
  • 接着剤・シーラント
  • 履物
  • ビチューメン改質

第6章 スチレン系ブロック共重合体市場:最終用途産業別

  • 建設
  • 自動車
  • 包装
  • ヘルスケア

第7章 地域分析

  • 北米
  • 米国
  • カナダ
  • メキシコ
  • 欧州
  • 英国
  • ドイツ
  • フランス
  • イタリア
  • アジア太平洋
  • 中国
  • 日本
  • インド
  • オーストラリア
  • ラテンアメリカ
  • ブラジル
  • アルゼンチン
  • チリ
  • 中東・アフリカ
  • 南アフリカ
  • サウジアラビア
  • アラブ首長国連邦

第8章 市場力学

  • 市場促進要因
  • 市場抑制要因
  • 市場機会
  • COVID-19の市場への影響

第9章 競合情勢

  • 主要企業
  • 市場シェア分析

第10章 企業プロファイル

  • Kraton Corporation
  • Dynasol Elastomers
  • Kuraray Co Ltd
  • Asahi Kasei Corporation
  • Kumho Petrochemical Co Ltd
  • LG Chem
  • TSRC Corporation
  • China Petroleum & Chemical Corporation
  • LCY Group

第11章 市場の展望と機会

  • 新興技術
  • 今後の市場動向
  • 投資機会

第12章 付録

  • 略語リスト
  • 出典と参考文献
目次
Product Code: 21374

Styrenic Block Copolymer Market Valuation - 2024-2031

The rising factor in the styrenic block copolymer (SBC) market is due to increased demand for these materials in a variety of end-use sectors due to its excellent features such as high elasticity, flexibility, and durability. SBCs are widely utilized in applications such as adhesives, sealants, coatings, and medical devices, which are benefiting from the rise of the construction, automotive, and healthcare industries. Furthermore, the movement towards sustainable and recyclable materials is driving the development of SBCs, which offer environmental benefits over traditional materials. The styrenic block copolymer market is estimated to surpass a revenue of USD 2.43 Billion in 2024 and reach USD 3.35 Billion by 2031.

Innovations in polymerization processes are driving growth in the Styrenic Block Copolymer (SBC) market, increasing the material's versatility and performance. These developments have resulted in better features such as increased elasticity, durability, and environmental resistance, making SBCs ideal for a wide range of applications, including adhesives, sealants, and coatings. The styrenic block copolymer market is expected to rise with a projectedCAGR of 4.10% from 2024 to 2031.Value in USD Billion

Styrenic Block Copolymer Market: Definition/ Overview

Styrenic Block Copolymers (SBCs) are thermoplastic elastomers with characteristics like rubber and plastic. They are made of styrene, butadiene, or isoprene blocks that are commonly organized in a linear or branched pattern. SBCs have the elasticity and flexibility of rubber due to the elastomeric blocks, whilst the styrenic blocks give the material strength and processability akin to plastics. This combination makes SBCs extremely adaptable, allowing them to be utilized in a variety of applications such as adhesives, sealants, footwear, medical devices, and packaging materials, all of which require flexibility and durability. The future of Styrenic Block Copolymer (SBC) seems optimistic, thanks to its diverse uses in a variety of industries. SBCs are rapidly being employed in the automotive industry for interior and exterior components due to their high durability and flexibility. In the medical field, SBCs are gaining popularity due to their biocompatibility and flexibility, making them excellent for medical devices and tubing. SBCs also aid the packaging industry due to their exceptional sealing and clarity features.

What's inside a VMR industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Will the Rising Demand from Various Industries and Sustainability Escalate the Growth of the Styrenic Block Copolymer Market?

The rising demand from various industries, coupled with a strong push towards sustainability, is set to significantly escalate the growth of the styrenic block copolymer market. SBCs' strong adhesive qualities and flexibility make them excellent for use in adhesives and sealants, which are highly sought after in the construction, automotive, and packaging industries. SBCs are widely used in the footwear industry due to their durability, elasticity, and comfort. As consumer demand for comfortable and long-lasting footwear develops, so does the demand for SBCs.

SBCs are used in automobile interiors, soft-touch surfaces, and exterior applications. The booming automotive industry, fueled by rising vehicle production and consumer demand for high-quality interiors, increases the demand for SBCs. SBCs are biocompatible, flexible, and clear, making them ideal for medical devices, tubing, and other healthcare items. Rising demand for healthcare services and medical devices, particularly due to global health challenges, fuels market expansion.

Furthermore, SBCs are popular in the packaging sector, particularly for flexible packaging, due to their great clarity, strength, and sealability. With the rise of e-commerce and the necessity for environmentally friendly packaging solutions, the demand for SBCs in packaging is expanding. SBCs are commonly utilized in the construction industry for roofing, flooring, and sealing applications due to their longevity and weather resistance. As worldwide construction activity grows, particularly in emerging economies, the demand for SBCs rises.

Additionally, SBCs are preferred over regular plastics because they are more recyclable and have a lesser environmental effect. As industries shift towards more sustainable practices, the use of SBCs is projected to grow. Stricter environmental restrictions and bans on hazardous plasticizers (such as phthalates) are driving the transition to SBCs, which are deemed safer and more environmentally friendly.

Many businesses are adopting sustainability targets that include lowering their carbon impact and employing more sustainable products. SBCs align with these goals, resulting in increased market demand. Consumers are increasingly expecting eco-friendly and sustainable products. This trend in consumer preferences leads manufacturers to include SBCs in their products, ranging from packaging to personal care items.

How Does Raw Material Price Volatility and Supply Chain Disruptions Pose Significant Hurdles for the Styrenic Block Copolymer Market?

Styrenic Block Copolymers (SBCs) are made from petrochemical chemicals like styrene and butadiene, whose prices are directly related to crude oil prices. This interconnectedness makes them vulnerable to volatility caused by variables such as geopolitical tensions, OPEC decisions, and swings in global demand. Significant variations in raw material costs can reduce profit margins for SBC makers. When raw material prices grow, firms may struggle to pass on these costs to customers while maintaining competitiveness.

Price fluctuation makes it difficult for businesses to effectively estimate and manage their finances, resulting in financial uncertainty. Unpredictable costs might disrupt cash flow and jeopardize long-term strategic planning. Long-term contracts with customers and suppliers become increasingly difficult to negotiate when prices fluctuate. Fixed-price contracts may put manufacturers at financial risk, whilst flexible pricing schemes may dissuade customers.

Furthermore, high raw material prices may cause SBC producers to raise product pricing, potentially making their goods less competitive when compared to alternative materials or countries with more stable raw material costs. Price increases can lower market demand for SBCs, causing consumers to seek cheaper alternatives or reduce their use in cost-sensitive applications.

Additionally, supply chain disruptions, such as raw material delivery delays, can bring production lines to a halt. Natural disasters, political unrest, pandemics, and logistical problems are major sources of such disruptions. Supply chain disruptions can make it difficult for businesses to maintain optimal inventory levels. Excessive stockpiling to protect against disruptions might result in higher holding costs, whilst insufficient inventory can cause production halts.

Disruptions can increase SBC manufacturers' logistical expenses, such as higher shipment rates, accelerated freight charges, and additional handling fees. These costs can compound and have an influence on overall profitability. During times of disruption, producers may be forced to seek raw materials from alternate suppliers, which might be more expensive and result in quality or consistency compromises.

Category-Wise Acumens

How does the Increasing Demand for Styrene-Butadiene-Styrene for Adhesives and Sealants Speed up the Growth of the Styrenic Block Copolymer Market?

The increasing demand for Styrene-Butadiene-Styrene (SBS) for adhesives and sealants plays a crucial role in accelerating the growth of the Styrenic Block Copolymer (SBC) market. SBS has great flexibility, elasticity, and durability, making it ideal for applications where sealants and adhesives must survive a variety of environmental conditions, such as temperature changes and mechanical stress. SBS has strong adhesive qualities and may make strong bindings with a variety of substrates, including metals, plastics, and concrete. This adhesive strength improves the performance and durability of tapes, labels, and construction adhesives.

SBS-based adhesives and sealants have excellent water resistance, making them suitable for outdoor applications and situations prone to moisture exposure, such as the construction and automotive industries. SBS can be developed to control viscosity, making adhesives and sealants easier to apply and with better handling properties.

Furthermore, the worldwide construction sector is seeing significant growth, fueled by urbanization, infrastructural development, and residential construction. SBS-based sealants and adhesives are used extensively in construction for bonding, sealing joints, and waterproofing. In the automotive sector, SBS-based adhesives and sealants are used to assemble parts, bond components, and protect against moisture and noise. With increased vehicle production and demand for lightweight materials, the use of SBS in automotive applications is growing.

Additionally, flexible packaging is becoming increasingly popular because of its ease and environmental benefits. SBS-based adhesives are essential for laminating layers of packing materials, forming strong seals, and maintaining product integrity during transport and storage. SBS-based adhesives and sealants are used in consumer electronics to bond components, assemble devices, and provide waterproofing.

Continuous research and development efforts are aimed at improving the performance of SBS-based adhesives and sealants. Innovations in formulation chemistry seek to increase adhesion strength, temperature resistance, and environmental sustainability. The need for SBS-based adhesives and sealants varies by location, depending on economic growth, industrialization, infrastructure investments, and regulatory frameworks. Emerging economies are growing at a particularly quick pace as building and automobile activity increases.

Will the Rising Utilization of Hydrogenated Styrenic Block Copolymers in Automotive Industry Boost the Styrenic Block Copolymer Market?

The rising utilization of Hydrogenated Styrenic Block Copolymers in the automotive industry represents a significant opportunity for growth in the Styrenic Block Copolymer market. HSBCs outperform their non-hydrogenated counterparts (SBCs) in terms of thermal stability, making them ideal for automotive applications that need exposure to high temperatures, weathering, and mechanical stress. HSBCs provide increased resistance to chemicals, oils, and solvents, which is critical for automotive components that meet fuels, lubricants, and severe environments.

HSBCs have outstanding mechanical qualities such as high elasticity, toughness, and resilience, which help to improve the longevity and performance of automotive parts while decreasing wear and tear over the vehicle's lifetime. HSBCs can be processed using a variety of processes, including injection molding, extrusion, and blow molding, giving producers more options when constructing complex automobile components.

Furthermore, HSBCs are used to manufacture interior components including soft-touch panels, instrument panels, door trims, and center consoles. These materials provide a pleasing tactile sensation, are durable, and resist scratches and wear. They are used in exterior applications such as bumpers, body side moldings, window seals, and weather strips. HSBCs improve impact resistance, weatherability, and beauty while remaining dimensionally stable.

Additionally, the use of HSBCs in engine mounts, gaskets, and other under-the-hood components is owing to their ability to endure high temperatures and chemical exposure, ensuring dependable operation under challenging situations. HSBCs help to reduce NVH by dampening vibrations and minimizing noise transmission within the car cabin, which improves overall comfort and the driving experience.

The automobile industry is increasingly focusing on lightweighting vehicles to enhance fuel efficiency and minimize pollution. HSBCs provide a lightweight alternative to standard materials such as metals and glass-reinforced plastics, which helps to reduce overall vehicle weight. The increasing manufacturing of electric and hybrid vehicles necessitates materials that are lightweight, durable, and heat resistant from electrical components. HSBCs match these characteristics and are hence gaining momentum in this rapidly growing industry.

Styrenic Block Copolymer

Market

Report Methodology

Country/Region-wise Acumens

Will the Investment in R&D and Infrastructure in North America Advance the Styrenic Block Copolymer Market Further?

The increasing investment in research and development (R&D) and infrastructure in North America plays a crucial role in advancing the Styrenic Block Copolymer (SBC) market further. R&D efforts enable the creation and development of new SBC grades with improved features and performance characteristics. This includes enhancements in flexibility, durability, heat resistance, chemical resistance, and other features targeted to specific industrial uses. Continuous R&D activities are expanding the application scope of SBCs across a variety of industries, including automotive, construction, packaging, healthcare, and consumer products.

R&D efforts are aimed at generating long-term solutions in response to rising environmental restrictions and consumer demand for eco-friendly products. This comprises bio-based SBCs, recyclable materials, and formulations with low environmental effect throughout their lifecycle. Improved manufacturing procedures for SBCs are driven by research advances, which improve productivity, lower production costs, and ensure consistent quality.

Furthermore, infrastructure investments help to increase SBC production capacity in North America. This includes building new manufacturing facilities, renovating current plants, and investing in automation and digital technology to improve production efficiency. Well-developed infrastructure enables efficient logistics and distribution networks, guaranteeing that SBC products arrive on time in domestic and international markets.

Additionally, infrastructure initiatives improve access to the raw materials required for SBC manufacture. This includes ensuring a consistent supply chain for styrene and butadiene monomers, additives, and other components needed to manufacture SBCs. North America's infrastructure supports cutting-edge research facilities, testing laboratories, and collaborative relationships among university, research institutions, and industry. These collaborations speed up innovation cycles, encourage information sharing, and facilitate technology transfer in the SBC industry.

North America's technological innovation advantage in the SBC market is strengthened by its R&D and infrastructure investments. This leadership attracts worldwide investment and alliances, creating a competitive climate that promotes ongoing progress and market expansion. Investments allow North American enterprises to respond swiftly to changing market trends, consumer preferences, and regulatory needs. This adaptability enables companies to seize new possibilities and stay ahead of competition in a rapidly changing global environment.

Will the Growing Economy and Manufacturing Hub in Asia Pacific Region Fuel the Expansion of the Styrenic Block Copolymer Market?

The growing economy and manufacturing hub in the Asia Pacific region are significant drivers fuelling the expansion of the Styrenic Block Copolymer (SBC) market. Asia Pacific countries such as China, India, Japan, South Korea, and Southeast Asia are experiencing rapid economic growth and industrialization. This expansion includes automotive, electronics, construction, packaging, and consumer products, all of which are important users of SBCs. As Asia Pacific's urbanization and infrastructure developments accelerate, durable and adaptable materials such as SBCs are required for applications such as pipelines, roofing, insulation, and construction materials.

Asia Pacific's growing middle class and expanding consumer expenditure are driving demand for consumer goods and packaged items. SBCs are widely utilized in packaging materials because of their flexibility, impact resistance, and barrier qualities, catering to the expanding demand in this sector. Asia Pacific has evolved as a worldwide manufacturing hub, particularly in automotive and electronics.

Furthermore, the region is appealing for SBC production because of its low manufacturing costs, plentiful raw resources, and trained workforce. Lower production costs translate into competitive pricing for SBC goods, resulting in their widespread acceptance across industries. Heavy investment in R&D in Asia Pacific countries promotes technological improvements in polymer science and industrial processes. This enables companies to innovate and create new formulations of SBCs with improved features and performance.

Additionally, SBCs provide a lightweight alternative to traditional materials such as metals and glass-reinforced plastics, helping to drive industry growth. Increasing environmental restrictions and sustainability goals encourage industry to choose recyclable, energy-efficient materials with a lower carbon footprint. SBCs help to promote sustainability through their recyclability and energy-efficient production procedures.

Multinational firms and regional players are investing in Asia Pacific to benefit on SBCs' rising market prospects. This includes creating production facilities, forming strategic collaborations with local manufacturers, and extending distribution networks to successfully meet area demand. Government initiatives that encourage industrial expansion, as well as infrastructure investments, are helping to drive market growth. Policies that encourage innovation, industrialization, and compliance with international standards all help to facilitate the use of SBCs in a variety of applications.

Competitive Landscape

The competitive landscape of the Styrenic Block Copolymers (SBCs) market is distinguished by a broad mix of regional and specialist producers. Regional producers prioritize localized production, benefiting from cheaper operational costs and closer access to clients. Niche businesses differentiate themselves by developing innovative product formulations and specific solutions for specialist industries such as electronics, healthcare, and packaging. Continuous improvements in polymer technology have increased market rivalry, encouraging the creation of SBC versions with superior qualities like as thermal stability, mechanical strength, and environmental sustainability.

Some of the prominent players operating in the styrenic block copolymers market include:

Kraton Corporation

Dynasol Elastomers

Kuraray Co Ltd

Asahi Kasei Corporation

Kumho Petrochemical Co Ltd

LG Chem

TSRC Corporation

China Petroleum & Chemical Corporation

LCY Group

Latest Developments

I SBC Joint Venture manufacturing facility in Mailiao, Taiwan. This expansion will utilize advanced Kraton technology to supply Asia with a wider range of styrenic block copolymers in both crumb and pellet forms and enhance production of SEBS and SEPS products. Dr. Holger Jung, CEO of Kraton Polymers, emphasized this move as crucial for maintaining their leadership in the global market and supporting their growing customer base in Asia.

In March 2022, Kraton Corporation Completes Merger with DL Chemical in an all-cash transaction valued at approximately $2.5 billion. The merger enables Kraton to strengthen its global presence by leveraging DL Chemical's manufacturing capabilities and footprint in the Asian market, along with its financial strength, allowing Kraton to further invest in industry-leading sustainable innovation. The merger also accelerates both DL Chemical's and Kraton's vision of being a global leader of specialty chemicals.

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. Styrenic Block Copolymer Market, By Product Type

  • Styrene-Butadiene-Styrene (SBS) Block Copolymer
  • Styrene-Ethylene-Butylene-Styrene (SEBS) Block Copolymer
  • Styrene-Isoprene-Styrene (SIS) Block Copolymer
  • Styrene-Ethylene-Propylene-Styrene (SEPS) Block Copolymer

5. Styrenic Block Copolymer Market, By Application

  • Asphalt Modification
  • Adhesives & Sealants
  • Footwear
  • Bitumen Modification

6. Styrenic Block Copolymer Market, By End-Use Industry

  • Construction
  • Automotive
  • Packaging
  • Healthcare

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • Kraton Corporation
  • Dynasol Elastomers
  • Kuraray Co Ltd
  • Asahi Kasei Corporation
  • Kumho Petrochemical Co Ltd
  • LG Chem
  • TSRC Corporation
  • China Petroleum & Chemical Corporation
  • LCY Group

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References