Styrenic Block Copolymer Market Size, Share, By Type (Hydrogenated Styrenic Block Copolymers (HSBC), Styrene-butadiene-styrene (SBS), and Styrene-isoprene-styrene (SIS)), By Application (Asphalt Modification, Adhesives, Polymer Modification, Medical Devices, Wires & Cables, and Others), By End User Industry (Automotive, Construction, Rubber, Healthcare, Electronics, and Packaging), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI531924 | Publish Date: June 2024 | No. of Pages: 191

Styrenic Block Copolymer Market Share

The Styrenic Block Copolymer Market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. 

The North American area held the majority share. This is primarily due to the food packaging industry's growing use of styrene block copolymers, particularly for wrapping films. The demand for consumer clothes, food, and footwear is increasing because of the region's higher-income population, especially in the United States.

Due to the expanding vehicle manufacturing industry and rising consumer demand for clothing, the Asia Pacific area is anticipated to grow fastest throughout the forecast period, with a robust compound annual growth rate (CAGR). Artificial leather purses and shoes are in high demand due to the growing number of working people, particularly women.