Malaysia Styrenic Block Copolymer Market Size & Outlook
Malaysia styrenic block copolymer market, 2018-2030 (US$M)
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Malaysia styrenic block copolymer market highlights
- The Malaysia styrenic block copolymer market generated a revenue of USD 149.9 million in 2023 and is expected to reach USD 215.4 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 5.3% 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 149.9 million |
| Market revenue in 2030 | USD 215.4 million |
| Growth rate | 5.3% (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, Malaysia accounted for 1.7% 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 Asia Pacific, China styrenic block copolymer market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,403.4 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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Malaysia 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 35.36% in 2023. Horizon Databook has segmented the Malaysia 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.
The booming economy of Malaysia, along with rising disposable incomes, is driving the demand for consumer goods, such as footwear, home appliances, and electronics. This rise is expected to boost the demand for SBCs in the above-mentioned industries, owing to their several uses, including coatings, wirings, and soles, among others.
Moreover, the rising government investments in infrastructure and housing projects are expected to create demand for SBCs in waterproofing, adhesives, and roofing membranes due to their performance and weather resistance.
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Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia styrenic block copolymer market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia styrenic block copolymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia styrenic block copolymer market size, by product, 2018-2030 (US$M)
Malaysia Styrenic Block Copolymer Market Outlook Share, 2023 & 2030 (US$M)
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