Global Styrene-Butadiene-Styrene (SBS) Block Copolymer Market to Reach 1.9 Million Tons by 2017, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on the Styrene-Butadiene-Styrene Block Copolymer (SBS) markets. The global market for Styrene-Butadiene-Styrene Block Copolymer is projected to reach 1.9 million tons by the year 2017. 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.

Styrene-Butadiene-Styrene (SBS) Block Copolymer: A Global Strategic Business Report

GIA announces the release of a comprehensive global report on the Styrene-Butadiene-Styrene Block Copolymer (SBS) markets. The global market for Styrene-Butadiene-Styrene Block Copolymer is projected to reach 1.9 million tons by the year 2017. 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.

Styrene-Butadiene-Styrene (SBS) block copolymer is a type of styrene block copolymer (SBC) composed of styrene and butadiene linked homopolymer blocks. SBS copolymers belong to the class of thermoplastic elastomers that possess the mechanical properties of rubber, and processing capabilities of thermoplasts. SBS offers excellent surface friction coefficient, little permanent deformation, great tensile strength, excellent low-temperature behavior, great workability and good electric property. The compound is well suited for being used as a sealing material and an adhesive in hot melt processing. The polymer is extensively used in applications such as shoemaking, asphalt modification, polymer modification, liquid seal materials, waterproof coatings, electric wires, automobile components, medical apparatuses, office automation, and adhesives.

Over the years, demand for thermoplastic elastomers (TPEs) has picked up pace displacing natural and synthetic rubber in various applications. TPEs, owing to their ability to give a rubbery feel when over-molded on metal components or plastics, are also used in a spectrum of products such as personal care products, home appliances, industrial tools and gardening tools. Innovations in the Styrene block copolymers market are currently focused on enhancing transparency, elasticity and processing stability. Companies have come out with innovative technologies that allow effective high-speed processing of block copolymers without losing most desired properties. Growth in the SBS industry over the long term is expected to remain strong in the BRIC countries of Brazil, Russia, India and China.

In recent years, the polymer industry continued to be under pressure driven by the changing supply and pricing dynamics. Aided by the global economic recovery, SBS sales volumes picked up since the second half of 2010. However, sales volume is expected to remain below the historic peaks in the near term owing to the continued weakness in construction markets in developed countries. With the supply of raw materials such as butadiene remaining tight, the industry currently faces difficulty in competing with other higher-margin industries for supply. Butadiene, a by-product of Ethylene production, finds primary usage in the tire industry. The industrial chemical is used for manufacturing several types of synthetic rubbers such as SBR, SBS, PBR, and others. Butadiene prices are expected to increase further in future along with a steady rise in demand, which is expected to further fuel the prices for styrene-butadiene-styrene (SBS).

Asia-Pacific represents the largest as well as the fastest growing market for SBS, as stated by the new market research report on Styrene-Butadiene-Styrene (SBS) Block Copolymer. The Chinese footwear industry consumes vast amounts of rubber and other elastomers including styrenic block copolymers, primarily SBS block copolymer. The country utilized about 40% of SBS for shoemaking in the year 2010. With the decline in demand for shoes manufactured in China in the overseas market as well as due to the increasing competition from other elastomers, SBS demand is expected to falter in the end-use market.

Select major players profiled in the report include China National Petroleum Corporation, Dexco Polymers LP, Dynasol Elastomers, Kraton Performance Polymers, Lee Chang Yung Chemical Industry Corporation, Polimeri Europa, ShenZhen Yanshan Petrochemical, Sinopec Baling Company Petrochemical Co., among others.

The research report titled “Styrene-Butadiene-Styrene (SBS) Block Copolymer: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of the key market trends, recent product launches, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections for Styrene-Butadiene-Styrene Block Copolymer market for the years 2009 through 2017, and 2003 to 2008 by the following geographic markets - US, Canada, Japan, Europe, Asia–Pacific (excluding Japan), and Rest of World. Key end-use segments analyzed include Adhesives, Sealants, and Coatings; Asphalt Modification; Polymer Modification; and Others.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Styrene_Butadiene_Styrene_SBS_Block_Copolymer_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
E-mail: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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