Styrene Isoprene Butadiene (SIBS) Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Styrene Isoprene Butadiene (SIBS) market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Styrene Isoprene Butadiene (SIBS) Market report is anticipated to register a CAGR of XX% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Styrene Isoprene Butadiene (SIBS) Market are –
- Eastman Chemical Company
- Kraton Polymers
- TSRC Corporation
- ZEON CHEMICALS L.P.
- LANXESS
- JSR Corporation
- RCMA Rubber
- Kraton
- LCY Chemical Corp.
- Shandong
- usage Technology Co.
- Ltd.
- NINGBO ORETEL POLYMER CO.
- LTD
- En Chuan Chemical Industries Co.
- Ltd.
Styrene isoprene butylene styrene (SIBS) is a biostable thermoplastic elastomer, with physical properties that overlap silicone rubber and polyurethane. SIBS polymer contains block segments of styrene monomers and rubber monomer units similar to other styrene block copolymers (SBC). However, SIBS also contains unsaturated elastomers or rubber units having isoprene and butadiene. SIBS in general, is a single formulation combining the properties of SBC’s - Styrene Isoprene Styrene (SIS) and Styrene Butadiene Styrene (SBS). Polymer has been replacing the use of metals in medical devices and other sectors, which is anticipated to drive the demand for the SIBS market in the coming years. Additionally, the increasing demand for adhesive and sealants is also likely to have positive influence on the SIBS market, owing to its application in pressure-sensitive adhesives.
Increasing Demand for Adhesives and Sealants
SIBS is among the most preferred polymers for producing adhesives. It provides excellent balance of tack, peel, and shear adhesion to the adhesives labels. SIBS helps to improve the performance of pressure-sensitive adhesives (PSA) Label Adhesive. It is widely used in the production of PSA, which are developed for label applications, as it exhibits proper adhesion, better clarity, lower gels in hot-melt adhesives, and improved low-temperature performance.
The demand for pressure-sensitive adhesive tapes and labels has been increasing, owing to its increasing industrial applications. The demand for tapes in the automobile industry has been increasing in order to enhance the performance and aesthetics. Moreover, the growth in construction activities, primarily in the Asia-Pacific region is likely to drive the demand for PSA tapes and labels. Additionally, continuous growth in the demand for PSA tapes and labels from the packaging industry is likely to boost the demand for adhesives and sealants. This is further likely to provide a positive influence in the demand for the SIBS market.
Packaging Industry Witnessing Strong Growth
SIBS are used widely to make economically attractive packaging tapes and labels. E-commerce and E-retail have boosted the growth of the packaging industry. Packaging requirements have increased noticeably for dispatching the products from one place to another. With the growing e-retail business across the world and increasing demand for packaging, the SIBS market is likely to witness growth in its demand from the packaging industry in over the forecast period.
Asia-Pacific expected to Lead the Market
Asia-Pacific is likely to witness fastest growth during the forecast period owing to the increasing construction activities, rising demand for packaging, and growth in electrical & electronics industry. China & India is likely to witness fastest growth in the region. North America & Europe is likely to witness stable growth, considering the matured healthcare industry. The growth in these regions are expected to be driven by shift from heavy metals to light polymers in medical devices, tools and other medical instruments. In the United States, manufacturing sector is likely to witness rebound which is expected to increase the demand for SIBS based products, such as adhesives, tapes, labels, machines and others.
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Scope of the Report:
The report analyses Styrene Isoprene Butadiene (SIBS) market, which includes –
- Analysis of the growth of Styrene Isoprene Butadiene (SIBS) market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Styrene Isoprene Butadiene (SIBS) market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Styrene Isoprene Butadiene (SIBS) market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Styrene Isoprene Butadiene (SIBS) market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Styrene Isoprene Butadiene (SIBS) Market Report:
- Varying dynamics of the Styrene Isoprene Butadiene (SIBS) industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- Styrene Isoprene Butadiene (SIBS) market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Styrene Isoprene Butadiene (SIBS) market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Styrene Isoprene Butadiene (SIBS) Market Report:
- The report analyses how stringent emission control norms will drive the global Styrene Isoprene Butadiene (SIBS) market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Styrene Isoprene Butadiene (SIBS) market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Styrene Isoprene Butadiene (SIBS):
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
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