Top 5 Vendors in the Global Styrenic Block Copolymer Market | 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
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.
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Technavio market research analysts identify the following key
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 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 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 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 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.
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