All the data that has been presented in report is extracted from authenticated sources to ensure their reliability. Surveys conducted related to current and prospective market conditions of Medical Styrenic Block Copolymer (SBC) are strictly based on industry experts’ opinions. Report coverage is broad and spans from key market dynamics and regional analysis to company profiles and expert recommendations. Growth driving and challenging factors are thoroughly examined to help readers focus on the most impactful aspects of growth. The study reveals a set of market growth constraints to provide sound knowledge about the existing and potential challenges to business growth, which would play an important role for Medical Styrenic Block Copolymer (SBC) companies while strategy designing.
Thermoplastic elastomers, also known as styrenic block copolymers, are materials that may be produced like plastics but have characteristics more associated with rubbers. They are typically made by ionic copolymerizing styrene, butadiene, and 2-methyl-1, 3-butadiene (SIS), and they are frequently combined with oils, fillers, and different kinds of polymers to permit varied customization of product qualities. When it comes to developing orthopaedic and respiratory equipment, needle shields, operation drapes, drip chambers, and other items, these copolymers are primarily employed in the medical industry.
Global medical styrenic block copolymer (SBC) market was worth USD 7,134 million in 2021 and is anticipated to register a CAGR of 4.5% over the forecast duration 2022-2030, thereby reaching a valuation of USD 11,076 million by the end of the analysis timeline.
Demand for Medical Styrenic Block Copolymer (SBC) in global market is further assessed on the basis of the current and projected performance of respective end-use verticals. Assessment of Medical Styrenic Block Copolymer (SBC) demand across a variety of application areas also uncovers the potential applicability that would push market growth at a considerable rate. The competitive landscape analysis of market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.
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Global Medical Styrenic Block Copolymer (SBC) – Segment analysis
By Product
Styrene Ethylene Butadiene Styrene
Styrene Isoprene Butadiene
Styrene-Butadiene-Styrene
By Application
Tubing
Medical Bags
Equipment
Packaging & Diagnostics Products
Wound Care
Key regions and countries reported-
North America (US and Canada)
Asia Pacific (China, India, Japan, South Korea, and Australia)
Latin America (Brazil and Mexico)
Middle East and Africa (GCC and South Africa)
Europe (UK, Spain, France, Germany, and Italy)
Key players profiled-
Eastman Chemical Company, Versalis S.p.A, Kumho Petrochemical Co Ltd, Versalis S.p.A., LYC CHEMICAL Corp., Grupo Dynasol, RTP Company, BASF SE, JSR Corporation, LG Chem Ltd, LYC Chemical Corp, Ineos Styrolution Group, Asahi Kasei Corporation, China Petrochemical Corporation, TSRC Corporation, Zeon Corporation, Kraton Corporation, Trinseo S.A., En Chuan Chemical Industries Co. Ltd., HEXPOL AB, CHIMEI, Momentive Performance Materials, Inc., Chevron Philips, and Others.
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Insights and Tools:
- Market Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
- Product values and regional markets are estimated by market analyst, data analyst and people from related industry, based on company’s revenue and applications market respectively.
- Market Include the data sources but not limited to reports of companies, international organizations and governments, market surveys, and related industry news.
- Analyses of global market trends, with historical data, estimates for 2022 and projections of compound annual growth rates (CAGRs) through 2027
- The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions.
- In addition, the market report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global market discussed.
