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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1507787

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1507787

US Styrenic Block Copolymer Market Size study, by Product, by Application Forecasts 2022-2032

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The US Styrenic Block Copolymer Market is valued approximately USD 1.34 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.07% over the forecast period 2024-2032. Styrenic Block Copolymer (SBC) stands as a versatile polymer class distinguished by its unique blend of attributes, encompassing elasticity, toughness, and processability. Constituting segments of polystyrene alongside polybutadiene or polyisoprene, SBCs demonstrate thermoplastic elastomeric characteristics, rendering them suitable for diverse applications across automotive, construction, healthcare, and consumer goods sectors. Their capacity for customization to specific requisites renders SBCs highly coveted in contemporary polymer science and engineering. In the US Styrenic Block Copolymer Market, an emerging trend entails increased SBC adoption in food packaging, significantly as stretch wrapping films. Additionally, regulatory endorsements for SBC use in medical domains, such as medical tubing, further propel market growth. Anticipated expansion stems from vigorous demand within the footwear industry and burgeoning road development ventures nationwide during forecast years 2024-2032.

The growing number of automobiles running on the road has driven the government of the U.S. to fund new road and highway infrastructure projects to tackle the congestion issues. Moreover, the U.S. government has also announced funding to modernize and repair the existing roads, bridges, ports, rails, and intermodal transportation system which can drive the demand for asphalt modification, thereby fueling the demand for styrenic block copolymers in the U.S. Continuous advancements in polymer technology are leading to the development of SBC grades with enhanced properties, broadening their application range. Rising disposable income and consumer awareness are driving demand for SBC-based products such as footwear and personal care items. Moreover, emerging markets, particularly in the Asia-Pacific region, are experiencing rapid industrialization and urbanization, contributing to increased SBC demand, especially in automotive and packaging sectors. These factors collectively underscore the expanding market potential and opportunities for US Styrenic Block Copolymer Market. Conversely, alternatives such as thermoplastic polyurethane and thermoplastic polyolefin elastomers are challenging SBCs across different applications, posing competitive pressures in the market.

Major market player included in this report are:

  • Kraton Corporation
  • Eastman Chemical Company
  • Cray Valley
  • RTP Company
  • Avient
  • Company 6
  • Company 7
  • Company 8
  • Company 9
  • Company 10

The detailed segments and sub-segment of the market are explained below:

By Product

  • Hydrogenated Styrenic Block Copolymers (HSBC)
  • Styrene-butadiene-styrene (SBS)
  • Styrene-isoprene-styrene (SIS)

By Application

  • Hydrogenated Styrenic Block Copolymers (HSBC)
  • Styrene-butadiene-styrene (SBS)
  • Styrene-isoprene-styrene (SIS)

Years considered for the study are as follows:

  • Historical year - 2022
  • Base year - 2023
  • Forecast period - 2024 to 2032

Key Takeaways:

  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and Country level analysis for each market segment.
  • Detailed analysis of geographical landscape with Country level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approach.
  • Analysis of competitive structure of the market.
  • Demand side and supply side analysis of the market.

Table of Contents

Chapter 1. US Styrenic Block Copolymer Market Definition and Research Assumptions

  • 1.1. Research Objective
  • 1.2. Market Definition
  • 1.3. Research Assumptions
    • 1.3.1. Inclusion & Exclusion
    • 1.3.2. Limitations
    • 1.3.3. Supply Side Analysis
      • 1.3.3.1. Availability
      • 1.3.3.2. Infrastructure
      • 1.3.3.3. Regulatory Environment
      • 1.3.3.4. Market Competition
      • 1.3.3.5. Economic Viability (Consumer's Perspective)
    • 1.3.4. Demand Side Analysis
      • 1.3.4.1. Regulatory frameworks
      • 1.3.4.2. Technological Advancements
      • 1.3.4.3. Environmental Considerations
      • 1.3.4.4. Consumer Awareness & Acceptance
  • 1.4. Estimation Methodology
  • 1.5. Years Considered for the Study
  • 1.6. Currency Conversion Rates

Chapter 2. Executive Summary

  • 2.1. US Styrenic Block Copolymer Market Size & Forecast (2022- 2032)
  • 2.2. Segmental Summary
    • 2.2.1. By Product
    • 2.2.2. By Application
  • 2.3. Key Trends
  • 2.4. Recession Impact
  • 2.5. Analyst Recommendation & Conclusion

Chapter 3. US Styrenic Block Copolymer Market Dynamics

  • 3.1. Market Drivers
  • 3.2. Market Challenges
  • 3.3. Market Opportunities

Chapter 4. US Styrenic Block Copolymer Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model
    • 4.1.7. Porter's 5 Force Impact Analysis
  • 4.2. PESTEL Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
    • 4.2.5. Environmental
    • 4.2.6. Legal
  • 4.3. Top investment opportunity
  • 4.4. Top winning strategies
  • 4.5. Disruptive Trends
  • 4.6. Industry Expert Perspective
  • 4.7. Analyst Recommendation & Conclusion

Chapter 5. US Styrenic Block Copolymer Market Size & Forecasts by Product 2022-2032

  • 5.1. Hydrogenated Styrenic Block Copolymers (HSBC)
  • 5.2. Styrene-butadiene-styrene (SBS)
  • 5.3. Styrene-isoprene-styrene (SIS)

Chapter 6. US Styrenic Block Copolymer Market Size & Forecasts by Application 2022-2032

  • 6.1. Hydrogenated Styrenic Block Copolymers (HSBC)
  • 6.2. Styrene-butadiene-styrene (SBS)
  • 6.3. Styrene-isoprene-styrene (SIS)

Chapter 7. Competitive Intelligence

  • 7.1. Key Company SWOT Analysis
  • 7.2. Top Market Strategies
  • 7.3. Company Profiles
    • 7.3.1. Kraton Corporation
      • 7.3.1.1. Key Information
      • 7.3.1.2. Overview
      • 7.3.1.3. Financial (Subject to Data Availability)
      • 7.3.1.4. Product Summary
      • 7.3.1.5. Market Strategies
    • 7.3.2. Eastman Chemical Company
    • 7.3.3. Cray Valley
    • 7.3.4. RTP Company
    • 7.3.5. Avient

Chapter 8. Research Process

  • 8.1. Research Process
    • 8.1.1. Data Mining
    • 8.1.2. Analysis
    • 8.1.3. Market Estimation
    • 8.1.4. Validation
    • 8.1.5. Publishing
  • 8.2. Research Attributes

LIST OF TABLES

  • TABLE 1. US Styrenic Block Copolymer market, report scope
  • TABLE 2. US Styrenic Block Copolymer market estimates & forecasts by Product 2022-2032 (USD Billion)
  • TABLE 3. US Styrenic Block Copolymer market estimates & forecasts by Application 2022-2032 (USD Billion)
  • TABLE 4. US Styrenic Block Copolymer market by segment, estimates & forecasts, 2022-2032 (USD Billion)
  • TABLE 5. US Styrenic Block Copolymer market by segment, estimates & forecasts, 2022-2032 (USD Billion)
  • TABLE 6. US Styrenic Block Copolymer market by segment, estimates & forecasts, 2022-2032 (USD Billion)
  • TABLE 7. US Styrenic Block Copolymer market by segment, estimates & forecasts, 2022-2032 (USD Billion)
  • TABLE 8. US Styrenic Block Copolymer market by segment, estimates & forecasts, 2022-2032 (USD Billion)
  • TABLE 9. U.S. Styrenic Block Copolymer market estimates & forecasts, 2022-2032 (USD Billion)
  • TABLE 10. U.S. Styrenic Block Copolymer market estimates & forecasts by segment 2022-2032 (USD Billion)
  • TABLE 11. U.S. Styrenic Block Copolymer market estimates & forecasts by segment 2022-2032 (USD Billion)
  • TABLE 12. List of secondary sources, used in the study of US Styrenic Block Copolymer Market.
  • TABLE 13. List of primary sources, used in the study of US Styrenic Block Copolymer Market.
  • TABLE 14. Years considered for the study.
  • TABLE 15. Exchange rates considered.

LIST OF FIGURES

  • FIG 1. US Styrenic Block Copolymer market, research methodology
  • FIG 2. US Styrenic Block Copolymer market, market estimation techniques
  • FIG 3. US market size estimates & forecast methods.
  • FIG 4. US Styrenic Block Copolymer market, key trends 2023
  • FIG 5. US Styrenic Block Copolymer market, growth prospects 2022-2032
  • FIG 6. US Styrenic Block Copolymer market, porters 5 force model
  • FIG 7. US Styrenic Block Copolymer market, pestel analysis
  • FIG 8. US Styrenic Block Copolymer market, value chain analysis
  • FIG 9. US Styrenic Block Copolymer market by segment, 2022 & 2032 (USD Billion)
  • FIG 10. US Styrenic Block Copolymer market by segment, 2022 & 2032 (USD Billion)
  • FIG 11. US Styrenic Block Copolymer market by segment, 2022 & 2032 (USD Billion)
  • FIG 12. US Styrenic Block Copolymer market by segment, 2022 & 2032 (USD Billion)
  • FIG 13. US Styrenic Block Copolymer market by segment, 2022 & 2032 (USD Billion)
  • FIG 14. US Styrenic Block Copolymer market, company market share analysis (2023)
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