SBC and Its Derivatives Market Size, Share, Development, Growth and Demand Forecast to 2020.pdf
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GLOBAL INDUSTRY INSIGHT:<strong>SBC</strong> <strong>and</strong> <strong>Its</strong> <strong>Derivatives</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>, <strong>Growth</strong> <strong>and</strong>Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> 2020
Global <strong>SBC</strong> <strong>and</strong> <strong>Its</strong> <strong>Derivatives</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>,<strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> 2020<strong>SBC</strong> <strong>and</strong> its derivatives refer <strong>to</strong> thermoplastic elas<strong>to</strong>mers. <strong>Its</strong> properties are similar <strong>to</strong> the rubbers, attributedmainly <strong>to</strong> its physical <strong>and</strong> chemical characteristics, such as low drug absorption, biodegradability, high resilience,optical clarity, <strong>to</strong>ughness, <strong>and</strong> process stability. <strong>SBC</strong> <strong>and</strong> its derivatives can also be processed as thermoplasticmaterials.Explore more at: https://www.psmarketresearch.com/market-analysis/sbc-<strong>and</strong>-its-derivatives-market<strong>SBC</strong> <strong>and</strong> its derivatives are used in a wide range of applications including industrial as well as commercialsec<strong>to</strong>rs. They are used for asphalt modification <strong>and</strong> bitumen in flooring <strong>and</strong> tiling purpose in the constructionindustry. <strong>SBC</strong> <strong>and</strong> its derivatives are also used widely <strong>to</strong> reduce solution viscosity in the coating, adhesive, <strong>and</strong>sealants during the elas<strong>to</strong>meric phase in the production processes. <strong>SBC</strong> <strong>and</strong> its derivatives are also used in themanufacturing advanced materials <strong>and</strong> of footwear. <strong>SBC</strong> <strong>and</strong> its derivatives have increased significantly in Asia-Pacific <strong>and</strong> South America in past few years. However, the markets of <strong>SBC</strong> in developed regions such as Asia-Pacific <strong>and</strong> North America is heading <strong>to</strong>wards saturation as a result the major players in the <strong>SBC</strong> <strong>and</strong> itsderivative are started moving <strong>to</strong>wards the developing economy. The companies operating in the <strong>SBC</strong> <strong>and</strong> itsderivatives have also started focusing more on the cost-effective <strong>and</strong> environment friendly <strong>SBC</strong> derived productssuch as styrenic copolymers <strong>and</strong> bio-based <strong>SBC</strong>s.Based on the various applications of <strong>SBC</strong> <strong>and</strong> its <strong>Derivatives</strong> the global <strong>SBC</strong> <strong>and</strong> its ierivatives market can bebifurcated as Paving <strong>and</strong> Roofing, Footwear, Advanced Materials application, Adhesives, Sealants, <strong>and</strong> Coatingsapplication, <strong>and</strong> other application. Based on the different product type the global <strong>SBC</strong> <strong>and</strong> <strong>Its</strong> derivatives marketcan be bifurcated as SBS, SIS, SEBS, SEPS <strong>and</strong> other H-<strong>SBC</strong>.Some of the major fac<strong>to</strong>rs driving the global <strong>SBC</strong> <strong>and</strong> its derivatives market is development of bio-basedalternatives for synthetic <strong>SBC</strong>s <strong>and</strong> its growing adoption due <strong>to</strong> stringent government regulations. The syntheticSBS <strong>and</strong> its derivatives are replaced by soybean-based SBS polymers in numerous applications including,personal care, bitumen modification <strong>and</strong> coating applications.The application <strong>SBC</strong> <strong>and</strong> its derivatives are growing among various end-user markets such as infrastructure,construction, footwear, <strong>and</strong> other industries which is driving the global <strong>SBC</strong> <strong>and</strong> its derivatives market. Moreoverthe increment in the global trade due <strong>to</strong> improved economic situation, growing population in developingeconomies, <strong>and</strong> rising investments in infrastructure <strong>and</strong> construction in developing countries, are some of thedominant drivers of the global <strong>SBC</strong> <strong>and</strong> its derivatives market. China is the leading consumer of <strong>SBC</strong> <strong>and</strong>accounts for about 35 percent of the global <strong>SBC</strong> consumption.Asia Pacific was the largest market of the <strong>SBC</strong> <strong>and</strong> its derivatives in 2014, attributed mainly <strong>to</strong> the risinginfrastructure <strong>and</strong> construction as a part of urbanization in developing countries. The rising consumer spending is© P&S <strong>Market</strong> Research. All rights reserved 2
Global <strong>SBC</strong> <strong>and</strong> <strong>Its</strong> <strong>Derivatives</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>,<strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> 2020also one of the dominant fac<strong>to</strong>rs behind the market dominance of Asia Pacific. Country wise China is the largestmarket of the <strong>SBC</strong> <strong>and</strong> its derivatives in the world. The U.S. is a major market of the <strong>SBC</strong> <strong>and</strong> its derivatives inNorth America.Request for Table of Content: https://www.psmarketresearch.com/enquiry-form.php?enqid=233&title=TOCSome of the major players operating in the global <strong>SBC</strong> <strong>and</strong> its derivatives market include, Asahi KaseiElas<strong>to</strong>mers, Chevron Phillips Chemical Co, BASF SE, China National Petroleum Corp. (CNPC), Eni SpA(Versalis), Dynasol Elas<strong>to</strong>meros SA, LCY Chemical Corp, Kra<strong>to</strong>n Performance Polymers Inc., PolyOne Corp., LGChem Ltd., TSRC Corp <strong>and</strong> Sinopec© P&S <strong>Market</strong> Research. All rights reserved 3
Global <strong>SBC</strong> <strong>and</strong> <strong>Its</strong> <strong>Derivatives</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>,<strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> 2020About P&S <strong>Market</strong> ResearchP&S <strong>Market</strong> Research is a global market research <strong>and</strong> consulting company. We provide market research reports,industry reports, business intelligence <strong>and</strong> research based consulting services across a range of industries.With the help of our professional corporate relations with various companies, our market research offers the mostaccurate market forecasting. Our analysts <strong>and</strong> consultants interact with leading companies of the concerneddomain <strong>to</strong> substantiate every single data presented in our publication. Our research assists our client inidentifying new <strong>and</strong> different windows of opportunity <strong>and</strong> frame informed <strong>and</strong> cus<strong>to</strong>mized strategies for expansionin different regions.Contact:Ms SomyaManager – Client Partner347, 5th Ave. #1402New York City, NY - 10016Toll-free: +1-888-778-7886 (USA/Canada)Email: enquiry@psmarketresearch.comWeb: https://www.psmarketresearch.com© P&S <strong>Market</strong> Research. All rights reserved 4
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