Los Angeles, CA -- (SBWIRE) -- 10/18/2018 -- This report studies the global SBS market status and forecast, categorizes the global SBS market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

Styrene-butadiene-styrene, or SBS, is a hard rubber that's used for things like the soles of shoes, tire treads, and other places where durability is important. It's a type of copolymer called a block copolymer. Its backbone chain is made up of three segments. The first is a long chain of polystyrene, the middle is a long chain of polybutadiene, and the last segment is another long section of polystyrene.

The industry is concentrated with its supplier can be classified as two types: petrochemical suppliers and thermoplastic elastomers suppliers. Petrochemical suppliers like Sinopec and Versalis provide major raw materials like styrene by itself, while elastomers suppliers has to sourcing raw material from the market. Petrochemical type suppliers usually have more advantage in manufacturing cost saving. Elastomers type suppliers have more advanced technology and close relationship with downstream users. Until 2015, China overall was the dominant producer and exporter of SBS, followed by Asia (Ex. China) and Europe. Leading players in SBS industry are LCY Chemical, Kraton, Dynasol, LG Chem, Versalis, Sibur, KKPC, Asahi Kasei, TSRC, Chimei, Sinopec, etc. In 2015, the production volume of the top four producers accounted for 57.44% of the SBS market.

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The SBS market is forecast to record steady growth as a result of global expansion in the compounding and adhesive applications, as well as enhanced penetration of modified asphalts into roadway and roofing construction.

The global SBS market is valued at 3580 million US$ in 2017 and will reach 4680 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2018-2025.

The major manufacturers covered in this report

LCY Chemical

Kraton

Dynasol

LG Chem

Versalis

Sibur

KKPC

Asahi Kasei

TSRC

Chimei

Sinopec

CNPC

Keyuan Petrochemicals

Jusage

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Liner SBS

Radical SBS

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Footwear

Asphalt Modification

Polymer Modification

Adhesives

Others

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