China Styrene Butadiene Styrene Market Size & Outlook
China styrene butadiene styrene market, 2019-2030 (US$M)
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China styrene butadiene styrene market highlights
- The China styrene butadiene styrene market generated a revenue of USD 517.7 million in 2021 and is expected to reach USD 959.9 million by 2030.
- The China market is expected to grow at a CAGR of 7.1% from 2022 to 2030.
- In terms of segment, non-oil-extended sbs was the largest revenue generating type in 2021.
- Non-Oil-extended SBS is the most lucrative type segment registering the fastest growth during the forecast period.
Styrene butadiene styrene market data book summary
| Market revenue in 2021 | USD 517.7 million |
| Market revenue in 2030 | USD 959.9 million |
| Growth rate | 7.1% (CAGR from 2021 to 2030) |
| Largest segment | Non-oil-extended sbs |
| Fastest growing segment | Non-Oil-extended SBS |
| Historical data | 2019 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-Oil-extended SBS, Oil Extended SBS |
| Key market players worldwide | Kumho Petrochemical, LG Chem, Avient Corp, Biesterfeld, Trinseo PLC, Cnpc Capital, Kraton Performance Polymers, Dynasol Group |
Other key industry trends
- In terms of revenue, China accounted for 9.9% of the global styrene butadiene styrene market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China styrene butadiene styrene market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 656.6 million by 2030.
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Styrene Butadiene Styrene Market Scope
Styrene Butadiene Styrene Market Companies
| Name | Profile | # Employees | HQ | Website |
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China styrene butadiene styrene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to styrene butadiene styrene market will help companies and investors design strategic landscapes.
Non-oil-extended sbs was the largest segment with a revenue share of 70.27% in 2021. Horizon Databook has segmented the China styrene butadiene styrene market based on non-oil-extended sbs, oil extended sbs covering the revenue growth of each sub-segment from 2019 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the China styrene butadiene styrene market , including forecasts for subscribers. This country databook contains high-level insights into China styrene butadiene styrene market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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China styrene butadiene styrene market size, by type, 2019-2030 (US$M)
China Styrene Butadiene Styrene Market Outlook Share, 2021 & 2030 (US$M)
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