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Friday, 15 April 2016
Styrenic Block Copolymer (Sbcs) Market Was 1,814.8 Kilo Tons In 2013, Expected To Grow 2,457.9 Kilo Tons By 2020, Growing At A CAGR Of 4.5% From 2014 To 2020:
The global market for Styrenic Block Copolymer (SBC) is expected to reach USD 8.26 billion by 2020, according to a new study by Grand View Research, Inc. Growth of major end use industries including construction/infrastructure and footwear, especially in high growth markets of China, India and Brazil is expected to be a key factor for SBC market development. Volatile raw material prices are expected to be a key challenge for market participants over the forecast period. Styrene-butadiene-styrene (SBS) emerged as the leading product segment and accounted for 76.2% of total market volume in 2013. SBS was followed by HSBC (Hydrogenated Styrenic Block Copolymers) which accounted for 13.2% of total market volume in 2013. HSBC is also expected to be the fastest growing product segment, at an estimated CAGR of 5.3% from 2014 to 2020.
http://www.grandviewresearch.com/industry-analysis/styrenic-block-copolymers-sbcs-industry
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