France Styrenic Block Copolymer Market Size & Outlook
France styrenic block copolymer market, 2018-2030 (US$M)
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France styrenic block copolymer market highlights
- The France styrenic block copolymer market generated a revenue of USD 237.0 million in 2023 and is expected to reach USD 345.3 million by 2030.
- The France market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, styrene-butadiene-styrene (sbs) was the largest revenue generating product in 2023.
- Styrene-Butadiene-Styrene (SBS) is the most lucrative product segment registering the fastest growth during the forecast period.
Styrenic block copolymer market data book summary
| Market revenue in 2023 | USD 237.0 million |
| Market revenue in 2030 | USD 345.3 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Styrene-butadiene-styrene (sbs) |
| Fastest growing segment | Styrene-Butadiene-Styrene (SBS) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Styrene-Butadiene-Styrene (SBS), Styrene-Isoprene-Styrene (SIS), Styrene-Ethylene-Butylene-Styrene (SEBS), Styrene-ethylene-propylene-styrene (SEPS) |
| Key market players worldwide | Zeon Corp, Asahi Kasei Corp, Sinopec Oilfield Service Corp Class H, INEOS, JSR Corp, Kumho Petrochemical, Denka Co Ltd, Kuraray Co Ltd, Dynasol Group, LG Chem, CHIMEI, Sibur, TSRC, LCY Group, Kraton Performance Polymers, Versalis |
Other key industry trends
- In terms of revenue, France accounted for 2.8% of the global styrenic block copolymer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany styrenic block copolymer market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 910.3 million by 2030.
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Styrenic Block Copolymer Market Scope
Styrenic Block Copolymer Market Companies
| Name | Profile | # Employees | HQ | Website |
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France styrenic block copolymer 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 styrenic block copolymer market will help companies and investors design strategic landscapes.
Styrene-butadiene-styrene (sbs) was the largest segment with a revenue share of 33.54% in 2023. Horizon Databook has segmented the France styrenic block copolymer market based on styrene-butadiene-styrene (sbs), styrene-isoprene-styrene (sis), styrene-ethylene-butylene-styrene (sebs), styrene-ethylene-propylene-styrene (seps) covering the revenue growth of each sub-segment from 2018 to 2030.
France is one of the major consumers of bitumen among all countries of Europe due to an increase in the number of road construction projects in the country. The demand for bitumen and products based on it has surged in France owing to its highly viscous nature bitumen.
SBS is used in the modification of bitumen to enhance its performance and increase its stiffness. This is anticipated to fuel the demand for SBCs and products based on them in the construction industry in France during the forecast period.
Moreover, the rising adoption of eco-friendly products across the country is anticipated to further propel the adoption of sustainable styrene and products based on it. For instance, in April 2023, Pyrowave technology successfully passed the quality testing of Michelin Group for producing the first 99.8% pure recycled styrene monomer from polystyrene waste.
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Horizon Databook provides a detailed overview of country-level data and insights on the France styrenic block copolymer market , including forecasts for subscribers. This country databook contains high-level insights into France styrenic block copolymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France styrenic block copolymer market size, by product, 2018-2030 (US$M)
France Styrenic Block Copolymer Market Outlook Share, 2023 & 2030 (US$M)
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