Styrene Ethylene Butylene Styrene Market 2018: Future Demand, Market Analysis & Outlook To 2023
Styrene ethylene butylene styrene, also known as SEBS, is a form of thermoplastics elastomer, with added styrene. SEBS is a hydrogenated elastomer, with properties, such as high-strength, good temperature resistance, and flexibility.
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There are other added advantages, such as UV and ozone-resistance, high dispersibility, thermo-oxidative stability, excellent processing capabilities, wide tackifiers compatibility, high oil absorption capability, and stability in high-temperature processing, which enable SEBS for multiple applications in various end-use industries. SEBS is used as a potential substitution for PVC in toy manufacturing. SEBS is similar to natural rubber, and is less hazardous compared to its counterparts. FDA and BGW approvals for application of SEBS can create a growth opportunity for the product in the global market.
Increasing Demand as a Replacement for PVC in Various Applications;
Styrene polymer SEBS uses styrene as their core building block, and has favorable properties, such as better impact resistance, flow, stiffness, low-temperature, thermal stability, and durability. SEBS is now replacing PVC, due to its greater structural retention, dimensional integrity, and chemical compatibility. Moreover, SEBS, being phthalates free and environmental friendly, can replace PVC application in multiple industries.
SEBS has been replacing the application of PVC in industries, such as medical, pharmaceutical, adhesives & sealants, cables & wires, construction materials, cosmetics & personal care, agriculture, packaging, footwear, furniture, clothing, toys, sporting goods, and electronic gadgets. The use of SEBS is increasing in the manufacturing of medical devices, tubes, and bags, as it is biocompatible and comparatively more environment friendly than PVC.
Market Segmentation :
The market has been geographically segmented into – Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific is the largest consumer of synthetic rubber. The region has huge demand for infrastructure development, in several countries. Countries, such as China and India, enjoy low-cost labor advantage in the automotive and construction industries, which account for most of the consumption of SEBS. China is the world's leading PVC manufacturer and consumer. SEBS creates its space in the plastic industry, as a potential replacement for PVC in various applications. SEBS is already used in the production of toys, and can replace PVC for the production of dolls heads. The substitution of PVC is likely to drive the SEBS market in the coming years.
Major Players:
SINOPEC, ENI SPA, JSR CORPORATION, ASAHI KASEI CORPORATION, amongst others.
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Reasons to Purchase Styrene Ethylene Butylene Styrene Market Report :
- Current and future Global styrene ethylene butylene styrene (SEBS) market outlook in the developed and emerging markets
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- The segment that is expected to dominate the market
- Regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 months analyst support along with the Market Estimate sheet (in excel).
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Companies Mentioned in the Styrene Ethylene Butylene Styrene Market;
Kraton Polymers, LCY Chemical Corp., Dynasol Elastomers, Ningbo Keyuan Petrochemicals, ENI S.p.A, Kuraray, Sinopec, Kumho Petrochemical Co. Ltd., JSR Corporation, Versalis S.p.A., Asahi Kasei Corporation, TSRC Corporation, General Industrial Polymers, Ravago Group
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Posted by
Rahul Jadhav
on Friday May 11 2018, 5:38 AM EST.
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