Styrene-butadiene-styrene, or SBS, is a hard rubber that's used for things like the soles of shoes, tire treads, and other places where durability is important. It's a type of copolymer called a block copolymer. Its backbone chain is made up of three segments. The first is a long chain of polystyrene, the middle is a long chain of polybutadiene, and the last segment is another long section of polystyrene.

Researcher's newest research report, the “SBS Industry Forecast” looks at past sales and reviews total world SBS sales in 2022, providing a comprehensive analysis by region and market sector of projected SBS sales for 2023 through 2029. With SBS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SBS industry.

This Insight Report provides a comprehensive analysis of the global SBS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SBS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global SBS market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SBS and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SBS.

The global SBS market size is projected to grow from US$ 4029.2 million in 2022 to US$ 5135.7 million in 2029; it is expected to grow at a CAGR of 5135.7 from 2023 to 2029.

Global SBS key players include LCY Chemical, Sinopec, Kraton, etc. Global top three manufacturers hold a share over 50%.

APAC is the largest market, with a share about 55%, followed by Middle East, and Europe, both have a share over 40 percent.

In terms of product, Non-oil-extended SBS is the largest segment, with a share about 65%. And in terms of application, the largest application is Footwear, followed by Asphalt Modification, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of SBS market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Liner SBS

Radical SBS

Segmentation by application

Footwear

Asphalt Modification

Polymer Modification

Adhesives

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

LCY Chemical

Kraton

Dynasol

LG Chem

Versalis

Sibur

KKPC

Asahi Kasei

TSRC

Chimei

Sinopec

CNPC

Keyuan Petrochemicals

Jusage

Key Questions Addressed in this Report

What is the 10-year outlook for the global SBS market?

What factors are driving SBS market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do SBS market opportunities vary by end market size?

How does SBS break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?