LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global styrenic block copolymer (SBC) market report from 2017 to 2021. This market research report also lists seven other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global SBC market is consolidated with the presence of several global vendors. The market is dominated by global vendors such as Dynasol, China Petrochemical Corporation, LCY GROUP, PolyOne, and TSRC. These players have a vast geographical presence with large production facilities located globally. Although small and medium scale vendors are coming up with innovative capabilities, the prominent players will still have a strong foothold in the market during the forecast period. The competitive environment in the market will further intensify over the next five years with the increase in product extensions in terms of innovation in technology.
“In the SBC market, environmental standards are expected to play a crucial role. Strict enforcement of legislation by the European environmental associations has led end-users to demand environment-friendly products increasingly. The end-users are voluntarily shifting toward bio-friendly technology and products, which leave a smaller carbon footprint after its product cycle. This also helps in improving their brand image and reduces the possibility of incurring high penalties,” says Hitesh Bhatia, a lead plastics, polymers, and elastomers research analyst from Technavio.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Technavio market research analysts identify the following key vendors:
China Petrochemical Corporation
China Petrochemical Corporation is an oil and energy company. It offers household and commercial products, including oil products, fuel cards, lubricants, liquid petroleum gas, catalyst, asphalt, and natural gas. The company produces various SBC such as SBS and SIS. SBC is used in asphalt modification, shoe material, adhesives, and modified polymers, whereas SIS is used in hot-melt pressure-sensitive adhesives.
Dynasol
Dynasol produces elastic polymers and has various manufacturing plants, technology centers, and R&D centers across the globe. The company offers high quality, flexible, and dependable polymers for the asphalt, compounding, and adhesives industries. Some of the popular applications of SBC are adhesives, sealants, vulcanized compounding, asphalt/bitumen modification and polymer modification.
LCY GROUP
LCY GROUP manufactures and sells polypropylene resins, methanol, solvents, and thermoplastic elastomers. The company also produces various grades of polysilicon and manufactures and sells copper foils and other products such as steel drums (closed lid and open lid). LCY GROUP manufactures SBC under the brand name of LCY Globalprene; it is a member of thermoplastic synthetic rubber family and is derived from styrenic/butadiene or styrenic/isoprene.
PolyOne
PolyOne provides its services to a wide range of sectors including building and construction, electronics and electrical, textiles, packaging, health care, and transportation. The company provides its services to more than 10,000 customers in 35 countries. It mainly operates in APAC, Europe, North America, and South America. PolyOne in SBC market offers various products under the name Cariflex.
TSRC
TSRC along with its subsidiaries manufactures and markets synthetic polymers worldwide. The company operates through three segments, namely synthetic rubber, non-synthetic rubber, and other synthetic rubber. TSRC supplies a new generation of synthetic rubber which includes SBS, SIS, and other. These products are widely used in adhesives, plastic modification, and asphalt modification. Also, these products are widely used in wire, auto parts, and shoes.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Browse Related Reports:
- Global Ultra-High Molecular Weight Polyethylene Market 2017-2021
- Global Plastic Additives Market 2017-2021
- Global Polyurethane Foam Blowing Agents Market 2017-2021
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
