© 2016 Global Market Insights, Inc. USA. All Rights Reserved Styrenic block copolymer market size, share, trends and forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Styrenic Block Copolymer Market size is forecast to reach USD billion valuation by Growing concerns pertaining to baby health coupled with increase in consumer affordability should positively influence industry growth.  Styrenic Block Copolymer (SBC) Market size was 1.96 million tons in 2015 as per the latest research report by Global Market Insights, Inc. Increasing medical and healthcare industry expansion owing to rise in consumer per capita income along with growing health consciousness are expected driving factors to stimulate styrenic block copolymer market growth.  Styrene butadiene styrene (SBS) market was a key product segment, valued at USD 4.5 billion in Improving baby diapers fit and comfort owing to elastomeric materials are key properties to encourage styrenic block copolymers market growth. Latin America and Asia Pacific are the major consumers owing to growing infancy birth rate. Global Market Scenario of Styrenic Block Copolymer Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Footwear applications are forecast to grow at more than 4% CAGR up to Global footwear industry expansion owing to rise in living standard accompanied by growing consumer demand for more reliable and comfort footwear are potential factors to enhance styrenic block market growth. Styrenic block copolymers are used to make shoe sole; high resilience is among the key quality to encourage its use in footwear applications.  Shift in industry focus to reduce dependency on polyvinyl chloride mainly in medical applications to avoid health hazards are potential factors to fuel styrenic block copolymer market growth. Medical tubing, syringes, and medical bags are the major products which uses SBC.  Supportive regulatory compliance from U.S. Pharmacopoeia and FDA to reduce PVC dependency and approval to use SBC are favorable factors to encourage industry growth. Political unrest in Middle East may affect pricing of crude oil & natural gas and in turn affect styrenic block copolymer market price trend.  Request for sample Continue.....

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Browse this copolymer-sbc-markethttps:// copolymer-sbc-market Application Analysis  Paving & roofing dominated the application segment and was valued at over USD 1.95 billion in Growth in construction industry expansion coupled with rising consumer preference for customized home interiors are the key trending factors to positively influence paving & roofing industry.  Footwear application is set to grow at more than 4% CAGR up to Material sustainability and durability are among the key factors to stimulate demand in footwear application. Change in buying behavior and trend to customize footwear for diverse purposes is another lucrative factor to drive demand.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Inquire for buying this buying/483https:// buying/483 Competitive Analysis  Styrenic block copolymer market share is consolidated; Sinopec, Dynasol LCY Chemical, and Kraton were the leading company in Other market participants include BASF, Zeon Corporation, Chi Mei Corp, Versalis, Styrolution, TSRC, Denki Kagaku Kogyo Kabushiki Kaisha, Momentive Specialty Chemicals, LG Chemicals, Chevron Phillips, En Chuan, Asahi Kasei, JSR Corporation, Kumho Petrochemicals and JX Nippon Oil & Energy Corporation.  In recent years the industry has witnessed some significant changes as major resin suppliers have integrating their operations forward and stepping into the SBC compounding business.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Regional Analysis:  APAC, led by China styrenic block copolymer market size, was dominant regional industry and was worth over USD 2.65 billion in Rapid industrialization coupled with manufacturing industry expansion owing to skilled labor availability are the key trending factors to fuel material demand.  China is among the major footwear producing country followed by India; increasing SBC usage in footwear should positively affect the regional industry growth.  U.S. dominated the North America styrenic block copolymer market size and is forecast to grow at over4.2% CAGR up to FDA approvals to use SBC in manufacturing medical equipments are the key favorable factors to stimulate product demand.  Huge construction & building industry investment potential in Saudi Arabia and UAE to foster MEA styrenic block copolymer market growth. The region is projected to grow at more than 4.8% CAGR up to Request for sample pages :

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