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.
Styrene-butadiene-styrene (SBS) block copolymer is a type of styrene block copolymer (SBC) composed of styrene and butadiene linked homopolymer blocks. SBS copolymers belong to the class of thermoplastic elastomers that possess the mechanical properties of rubber, and processing capabilities of thermoplasts.
SBS offers excellent surface friction coefficient, little permanent deformation, great tensile strength, excellent low-temperature behavior, great workability and good electric property. The compound is well suited for being used as a sealing material and an adhesive in hot melt processing. The polymer is extensively used in applications such as shoemaking, asphalt modification, polymer modification, liquid seal materials, waterproof coatings, electric wires, automobile components, medical apparatuses, office automation and adhesives. The largest consumption area of SBS is footwear, which accounted for 38.22% of world SBS consumption in 2017.

The Global Styrene Butadiene Styrene (SBS) Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Styrene Butadiene Styrene (SBS) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

LCY Chemical
Kraton
Dynasol
LG Chem
Versalis
Sibur
KKPC
Asahi Kasei
TSRC
Chimei
Sinopec
CNPC
Keyuan Petrochemicals

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Non-oil-extended SBS
Oil-extended SBS
In Market segmentation by applications :

Footwear
Asphalt Modification
Polymer Modification
Adhesives
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Styrene Butadiene Styrene (SBS) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Styrene Butadiene Styrene (SBS) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Styrene Butadiene Styrene (SBS) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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