Global Hydrogenated Styrene Block Copolymers Market by Type (Styrene Ethylene Propylene Styrene (SEPS), Styrene Ethylene Butylene Styrene (SEBS)) by Application (Coating, Films, Adhesives, Sealants, and Others), by End Use Industry (Construction, Automotive, Footwear, Chemicals, Healthcare and Others), and by Region till 2023
Pune, India -- (SBWIRE) -- 10/22/2018 -- Regional Analysis:
The major regions in terms of markets size in the Global HSBC Market are Asia Pacific, North America, and Europe. Other regions include Middle East & Africa, and Latin America, out of which Asia Pacific is the largest market holding over 40% of shares in the global HSBC market. The region has undertaken expansion of its infrastructural projects which is anticipated to propel the demand of HSBC in this region. In addition to construction, automotive industries in this region is pulling the maximum demand in diverse applications. The rise of both construction and automotive industry in this region is projected to continue to pull the demand of HSBC in this region. Following Asia Pacific, North America is the second most significant market for HSBC. Reconstruction activities and demand from automotive industry are driving the growth of regional HSBC market. Major demand of HSBC in the transportation sector in this region accounted by aircraft industry. Europe is another substantial market in the Global HSBC Market. Demand of the materials produced from HSBC is majorly used in automotive industry for interiors of luxury cars. Apart from that the healthcare industries have started the use of HSBC in coatings and elastic components for the hygienic products such as sanitary napkins, and diapers. Other regions in the global HSBC market are Middle East & Africa and Latin America. Among them the market of HSBC in Middle East & Africa is estimated to grow healthier owing to high investment potential and raw materials availability. Latin America has little share in global HSBC market which is expected to witness steady changes in coming years.
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The Global Hydrogenated Styrene Block Copolymer Market is segmented on the basis of type, application, end use industry, and region. Based on type the market is segmented into Styrene Ethylene Propylene Styrene (SEPS) and Styrene Ethylene Butylene Styrene (SEBS), wherein SEBS has comparatively deeper penetration into numerous end use industries. On the basis of applications the global HSBC market is divide into coating, films, adhesives, sealants, and others, in which HSBC are majorly used as coatings and adhesives. Based on end use industry the market is segmented into construction, automotive, footwear, chemicals, healthcare and others. Geographically, the global HSBC market is segmented into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Among them Asia Pacific is estimated to grow at highest CAGR over the forecasted period.
Key players in the Global Hydrogenated Styrene Block Copolymer are Kraton Corporation (Japan), China Petrochemical Corporation (China), LYC GROUP (Taiwan), Grupo Dynasol (U.S.), The Hexpol group of companies (U.K.), Teknor Apex (U.S.), and others.
Hydrogenated Styrene Block Copolymer manufacturers (HSBC)
Traders and distributors of HSBC
Research and development institute
Raw material suppliers
Industry/ Innovation/ Related News:
October 5, 2015- The U.S. based high performance polymer manufacturer Kraton Performance Polymers has acquired the pine chemicals giant Arizona Chemical in a deal that finalized for USD 1.4 billion. Arizona is one of the largest pine chemicals manufacturer in the world. After this strategic acquisition the earnings of Kraton have increased by over 100% during the period of 2015-2018.
February 12, 2014- MicroSpec Systems Inc. the U.S. based market leader in medical tubing has entered into a strategic partnership with the global styrenics leader Styrolution to substitute PVC with their highly flexible multi-lumen tubing. This is likely to help them making it possible to administer different medications from one access point.
October 23, 2016- Kraton Performance Polymers, the U.S. based high performance polymer manufacturer has launched Kraton G1653 polymer. It is a styrene-ethylene-butylene-styrene (SEBS) block copolymer with lower molecular weight than its predecessor Kraton G1652 polymer. The product possesses high tensile strength and toughness akin Kraton G1652 and offers significantly lower melt and solution viscosities.
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