UK Styrenic Block Copolymer Market Size & Outlook
UK styrenic block copolymer market, 2018-2030 (US$M)
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UK styrenic block copolymer market highlights
- The UK styrenic block copolymer market generated a revenue of USD 327.2 million in 2023 and is expected to reach USD 489.9 million by 2030.
- The UK market is expected to grow at a CAGR of 5.9% 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 327.2 million |
| Market revenue in 2030 | USD 489.9 million |
| Growth rate | 5.9% (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, UK accounted for 3.8% 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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UK 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 34.96% in 2023. Horizon Databook has segmented the UK 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 UK is a leading manufacturer and supplier of dental, diagnostic, and orthopedic equipment across Europe owing to continuous advancements being witnessed in its medical devices industry. SBCs are also used for producing sutures, tubes, and drug delivery systems.
The rising cases of chronic diseases among the elderly population in the country drive the demand for advanced medical devices in the UK. This, in turn, surges the production of medical devices in the country.
Thus, increasing production of medical devices in the UK is expected to fuel the consumption of SBCs in the country. SMALLFRY, Medres Ltd., Owlstone Medical, and Automata are among the major key consumers of SBCs in the UK.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK styrenic block copolymer market , including forecasts for subscribers. This country databook contains high-level insights into UK styrenic block copolymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK styrenic block copolymer market size, by product, 2018-2030 (US$M)
UK Styrenic Block Copolymer Market Outlook Share, 2023 & 2030 (US$M)
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