Global $56 Billion Styrene Isoprene Butadiene (SIBS) Market, 2022 by Form, Product Type, End-User Industry, and Geography

DUBLIN, October 18, 2017 /PRNewswire/ --

The "Global Styrene Isoprene Butadiene (SIBS) Market" report has been added to Research and Markets' offering.

The global styrene butadiene rubber (SBR) market has been estimated at USD 56.11 billion in 2016 and is projected to growat a CAGR of 5.12% during the forecast period, 2017 to 2022.

A shift towards polymer devices over metallic devices is gaining popularity in the medical industry, to improve the operational efficiency. This is expected to drive the SIBS demand in the global market. The adhesive & sealants industry is another key market to drive its demand in the global market. SIBS has potential application in pressure sensitive adhesives in the tapes market. Wires & cables is another segment, which drives the demand for SIBS in the emerging markets. However, fluctuating raw material prices are anticipated to act as a restraint for the global SIBS market growth.

The market has been geographically segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific is the fastest-growing region in the global SIBS market. Low-cost of the product and easy handling, as compared to conventional equipment, are gaining popularity in countries like China and India. Mature healthcare industries in regions like North America & Europe are showing a positive response for SIBS products, which are poised to replace the metallic and heavy medical equipment, for efficient handling.

SIBS polymers are used to manufacture various medical equipment such as syringes, medical containers, IV solution bags, etc. It is gaining popularity in the healthcare industry in emerging markets, due to the low-cost of the product and easy disposal, as compared to the conventional equipment. This is likely to create a growth opportunity for the SIBS market in emerging economies.

Some of the major companies dominating this market for its products, services, and continuous product development, include:

• Eastman Chemical Company
• Kraton Polymers
• ZEON CHEMICALS L.P.
• TSRC Corporation
• LANXESS
• JSR Corporation
  

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights
3.1 Market Overview and Definition
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter's Five Forces Model

4. Market Dynamics
4.1 Drivers
4.1.1 Shift from Metallic Devices to Polymer Devices in the Medical Industry
4.1.2 Rising Demand as Replacement for PVC in Various Applications
4.2 Constraints
4.2.1 High-Price of Product Compared to Other Thermoplastics
4.3 Opportunities
4.3.1 Growing Demand from Heathcare Industry in Emerging Markets

5. Market Segmentation and Analysis
5.1 By Form
5.1.1 Pastille Shape
5.1.2 Flakes
5.2 By Product Type
5.2.1 Type I
5.2.2 Type II
5.2.3 Type III
5.3 By End-Use Industry
5.3.1 Building and Construction
5.3.2 Footwear and Leather
5.3.3 Adhesives & Sealants
5.3.4 Packaging
5.3.5 Healthcare
5.3.6 Electrical & Electronics
5.3.7 Others (Including Laminating, Nonwovens, etc.)

6. Regional Market Analysis (Market Size, Growth and Forecast)

7. Future of the Market

8. Competitive Landscape
8.1 Mergers & Acquisitions
8.2 Joint Ventures Collaborations and Agreements
8.3 Market Share Analysis
8.4 Strategies Adopted by Leading Players

9. Company Profiles
9.1 Eastman Chemical Company
9.2 Kraton Polymers
9.3 TSRC Corporation
9.4 ZEON CHEMICALS L.P.
9.5 LANXESS
9.6 JSR Corporation
9.7 RCMA Rubber
9.8 Kraton
9.9 LCY Chemical Corp.
9.10 Shandong Jusage Technology Co.,Ltd.
9.11 NINGBO ORETEL POLYMER CO., LTD
9.12 En Chuan Chemical Industries Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/mb72w2/global_styrene

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