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 2027
ID: MRFR/CnM/2763-HCR | February 2021 | Region: Global | 140 pages
Hydrogenated Styrene Block Copolymers (HSBC) is highly engineered polymeric material, which is synthesized by hydrogenation of Styrene Block Copolymer (SBC). HSBC is a thermoplastic and elastomeric material. HBSC exhibit high thermo-oxidative and UV-stability. HSBC is typified into two materials depending upon the diene it consist. It include Styrene Ethylene Propylene Styrene (SEPS) and styrene ethylene butylene styrene (SEBS). Both, SEPS and SEBS exhibit properties such as an excellent thermal stability, weather ability, high tensile strength, and transparency. Being a high performance material HSBC could penetrate into many end use industries such as construction, automotive, healthcare, and rubber among others. Its uses includes coating & films, adhesives, sealants, and plasticizers. The consumer products that can be made out of HSBC vary from handle bar of tools to rubber in construction activities. Moreover, HSBC succeeded in penetrating the evolving food industry, where it is extensively used as a thin edible coating and packaging material. The characteristic feature of HSBC such as higher durability and tensile strength prioritized its use in footwear production.
The beneficial properties exhibited by HSBC include its high durability, impact resistance, soft touch, and clarity. Furthermore, its compatibility and recyclability are the major demand pulling factors. On account of its characteristics features possessed by HSBC over its counterparts, it is observed as a major replacement for Polyvinyl chloride. In addition to this, construction activities are tangibly growing all around the world, which is expected to witness rise in demand of HSBC in coming years. Moreover, the lower labor cost in developing countries is adding into the benefits of established end use industries. Most important development happened in favor of HSBC recent years is the approval by Foods and Drugs Administration in U.S. for its use in medical equipment and food coating. However, there are some constraints which need to be taken under consideration. These includes the limit put on its production due to environmental concern of its biodegradability. Nevertheless, the benefits of HSBC are expected to dominate over the restraints which is favorable for its growth over the forecast period. Global Hydrogenated Styrene Block Copolymer Market Share, by End Use Industries 2016 (%):
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.
Segmentation:
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:
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.
Intended Audience:
- Hydrogenated Styrene Block Copolymer manufacturers (HSBC)
- Traders and distributors of HSBC
- Research and development institute
- Potential investors
- Raw material suppliers
- National laboratory
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | Significant Value |
| CAGR | Substantial CAGR (2016-2023) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | type, application and end use industry |
| Geographies Covered | Asia Pacific, North America, and Europe, Middle East & Africa, and Latin America |
| Key Vendors | 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.) |
| Key Market Opportunities | |
| Key Market Drivers |
Frequently Asked Questions (FAQ) :
Hydrogenated styrene block copolymers (HSBC) are highly engineered polymeric materials that find wide applications in coatings, films, adhesives, and sealants.
Construction, automotive, footwear, chemicals, and healthcare are major end-use industries of hydrogenated styrene block copolymers.
Increasing demand from across the end-user industries, Rising disposable income.
Asia Pacific holds the largest share in the global hydrogenated styrene block copolymers market, followed by North America and Europe, respectively.
China Petrochemical Corporation (China), Kraton Corporation (Japan), LYC GROUP (Taiwan), The Hexpol group of companies (UK), Grupo Dynasol (US), and Teknor Apex (US), are some of the major players operating in the hydrogenated styrene block copolymers market.
TABLE OF CONTENTS:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Hydrogenated Styrene Block Copolymer Market
5 Industry Overview of Global Hydrogenated Styrene Block Copolymer Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
5.5 Impact analysis
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Hydrogenated Styrene Block Copolymer Market by Region
8. Global Hydrogenated Styrene Block Copolymer Market by type (styrene ethylene propylene styrene (SEPS) and styrene ethylene butylene styrene (SEBS))
9. Global Hydrogenated Styrene Block Copolymer Market by application (coating, films, adhesives, sealants, and others)
10. Global Hydrogenated Styrene Block Copolymer Market by end use industries (construction, automotive, footwear, chemicals, healthcare and others)
11. Company Landscape
12. Company Profiles
12.1 Kraton Corporation
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.2 China Petrochemical Corporation
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.3 LYC GROUP
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.4 Grupo Dynasol
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.5 The Hexpol group of companies
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.6 Teknor Apex
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
13 Conclusion
LIST OF TABLES:
Table 1 World Population by Major Regions (2020-2027)
Table 2 Global Hydrogenated Styrene Block Copolymer Market: By Region, 2020-2027
Table 3 North America Hydrogenated Styrene Block Copolymer Market: By Country, 2020-2027
Table 4 Europe Hydrogenated Styrene Block Copolymer Market: By Country, 2020-2027
Table 5 Asia-Pacific Hydrogenated Styrene Block Copolymer Market: By Country, 2020-2027
Table 6 Middle East & Africa Hydrogenated Styrene Block Copolymer Market: By Country, 2020-2027
Table 7 Latin America Hydrogenated Styrene Block Copolymer Market: By Country, 2020-2027
Table 8 Global Hydrogenated Styrene Block Copolymer by Type Market: By Regions, 2020-2027
Table 9 North America Hydrogenated Styrene Block Copolymer by Type Market: By Country, 2020-2027
Table 10 Europe Hydrogenated Styrene Block Copolymer by Type Market: By Country, 2020-2027
Table 11 Asia-Pacific Hydrogenated Styrene Block Copolymer by Type Market: By Country, 2020-2027
Table 12 Middle East & Africa Hydrogenated Styrene Block Copolymer by Type Market: By Country, 2020-2027
Table 13 Latin America Hydrogenated Styrene Block Copolymer by Type Market: By Country, 2020-2027
Table 14 Global Polymeric Surfactants by Application Market: By Regions, 2020-2027
Table 15 North America Hydrogenated Styrene Block Copolymer by Application Market: By Country, 2020-2027
Table 16 Europe Hydrogenated Styrene Block Copolymer by Application Market: By Country, 2020-2027
Table 17 Asia-Pacific Hydrogenated Styrene Block Copolymer by Application Market: By Country, 2020-2027
Table 18 Middle East & Africa Polymeric Surfactants by Application Market: By Country, 2020-2027
Table 19 Latin America Polymeric Surfactants by Application Market: By Country, 2020-2027
Table 20 North America Hydrogenated Styrene Block Copolymer for End Use Industries Market: By Country, 2020-2027
Table 21 Europe Hydrogenated Styrene Block Copolymer for End Use Industries Market: By Country, 2020-2027
Table 22 Asia-Pacific Hydrogenated Styrene Block Copolymer for End Use Industries Market: By Country, 2020-2027
Table 23 Middle East & Africa Hydrogenated Styrene Block Copolymer for End Use Industries Market: By Country, 2020-2027
Table 24 Latin America Hydrogenated Styrene Block Copolymer for End Use Industries Market: By Country, 2016-2023
Table 25 Global Type Market: By Region, 2020-2027
Table 26 Global End Uses Market: By Region, 2020-2027
Table 27 Global End Use Industries Market: By Region, 2020-2027
Table 28 North America Hydrogenated Styrene Block Copolymer Market, By Country
Table 29 North America Hydrogenated Styrene Block Copolymer Market, By Type
Table 30 North America Hydrogenated Styrene Block Copolymer Market, By Application
Table 31 North America Hydrogenated Styrene Block Copolymer Market, By End Use Industries
Table 32 Europe: Hydrogenated Styrene Block Copolymer Market, By Country
Table 33 Europe: Hydrogenated Styrene Block Copolymer Market, By Type
Table 34 Europe: Hydrogenated Styrene Block Copolymer Market, By Application
Table 35 Europe: Hydrogenated Styrene Block Copolymer Market, By End Use Industries
Table 36 Asia-Pacific: Hydrogenated Styrene Block Copolymer Market, By Country
Table 37 Asia-Pacific: Hydrogenated Styrene Block Copolymer Market, By Type
Table 38 Asia-Pacific: Hydrogenated Styrene Block Copolymer Market, By Application
Table 39 Asia-Pacific: Hydrogenated Styrene Block Copolymer Market, By End Use Industries
Table 40 Middle East & Africa: Hydrogenated Styrene Block Copolymer Market, By Country
Table 41 Middle East & Africa Hydrogenated Styrene Block Copolymer Market, By Type
Table 42 Middle East & Africa Hydrogenated Styrene Block Copolymer Market, By Application
Table 43 Middle East & Africa: Hydrogenated Styrene Block Copolymer Market, By End Use Industries
Table 44 Latin America: Hydrogenated Styrene Block Copolymer Market, By Country
Table 45 Latin America Hydrogenated Styrene Block Copolymer Market, By Type
Table 46 Latin America Hydrogenated Styrene Block Copolymer Market, By Application
Table 47 Latin America: Hydrogenated Styrene Block Copolymer Market, By End Use Industries
LIST OF FIGURES:
FIGURE 1 Global Hydrogenated Styrene Block Copolymer Market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Hydrogenated Styrene Block Copolymer Market
FIGURE 4 Value Chain of Global Hydrogenated Styrene Block Copolymer Market
FIGURE 5 Share of Global Hydrogenated Styrene Block Copolymer Market in 2020, by country (in %)
FIGURE 6 Global Hydrogenated Styrene Block Copolymer Market, 2020-2027, (USD billion)
FIGURE 7 Sub-segments of End-User
FIGURE 8 Global Hydrogenated Styrene Block Copolymer Market size by Type, 2020
FIGURE 9 Share of Global Hydrogenated Styrene Block Copolymer Market by Type, 2020-2027
FIGURE 10Global Hydrogenated Styrene Block Copolymer Market size by End Use Industries, 2020
FIGURE 11 Share of Global Hydrogenated Styrene Block Copolymer Market by End Use Industries, 2020-2027
FIGURE 12Global Hydrogenated Styrene Block Copolymer Market size by Applications, 2020
FIGURE 13 Share of Global Hydrogenated Styrene Block Copolymer Market by Applications, 2020-2027