SBC and Its Derivatives Market

Market Overview:

The global SBC and its derivatives market size reached USD 10.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 16.7 Billion by 2033, exhibiting a growth rate (CAGR) of 5.14% during 2025-2033. The increasing number of construction activities, rising use in medical applications, and the growing sales of luxury vehicles represent some of the key factors driving the market.

Styrenic block copolymer (SBC) and its derivatives are thermoplastic elastomers that are made by ionic copolymerization of styrene and butadiene (SBS) and styrene and 2-methyl-1,3-butadiene (SIS). They have mechanical properties of rubber and the processing characteristics of thermoplastic. They offer high crystal clarity, thermal stability, and high resistance and indicate no cytotoxic and mutagenic potential. They are added in additives and other high-performance polymeric compounds for the formulation of many products, such as polymer modification, asphalt and bitumen modification, vulcanized compounding, and adhesives and sealants. Besides this, as SBC and its derivatives are more environment friendly as compared than polyvinyl chloride (PVC), they are used in different industry verticals across the globe.

SBC and Its Derivatives Market Trends:

SBC and its derivatives are employed in the construction industry for various paving and roofing applications. This, coupled with the increasing number of housing units on account of the rising global population and inflating disposable income, represents one of the key factors bolstering the market growth around the world. Moreover, the expanding number of remodeling and renovation activities in residential and commercial areas, especially in urban areas, is favoring the market growth. In addition, the growing investments in the expansion of smart cities by governments of numerous countries are influencing the market positively. Apart from this, the increasing utilization of SBC and its derivatives in the manufacturing of footwear on account of their numerous properties, such as excellent elasticity, gas barrier, slip resistance, flexing endurance, wear resistance, and low-temperature resistance, are contributing to the market growth. Furthermore, SBC and its derivatives are used in numerous medical applications, including comfort bedding, IV connectors, IV bags, IV drip chambers, IV bottles, IV tubing, medical stoppers, films, and orthopedics and respiratory tool. They are resistant to ultraviolet (UV) and offer good mechanical strength, high transparency, and flexibility. Besides this, the rising utilization of SBC and its derivatives in the packaging of drugs and vaccines and significant growth in the pharmaceutical industry is creating a positive outlook for the market. Additionally, SBC and its derivatives are utilized in manufacturing different components of vehicles, which include hoses, gaskets, belts, and other parts. This, coupled with the increasing sales of luxury vehicles, is strengthening the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global SBC and its derivatives market report, along with forecasts at the global, regional, and country level from 2025-2033. Our report has categorized the market based on product type and application.

Product Type Insights:

• Styrene-Isoprene-Styrene (SIS)
• Styrene-Butadiene-Styrene (SBS)
• Styrene-Ethylene-Butadiene-Styrene (SEBS)
• SEPS and Other H-SBC
   

The report has provided a detailed breakup and analysis of the SBC and its derivatives market based on the product type. This includes styrene-isoprene-styrene (SIS), styrene-butadiene-styrene (SBS), styrene-ethylene-butadiene-styrene (SEBS), and SEPS and other H-SBC. According to the report, styrene-butadiene-styrene (SBS) represented the largest segment.

Application Insights:

• Footwear
• Adhesives, Sealants and Coatings
• Roofing and Paving 
• Advanced Materials
• Others
   

A detailed breakup and analysis of the SBC and its derivatives market based on the application has also been provided in the report. This includes footwear, adhesives, sealants and coatings, roofing and paving, advanced materials, and other applications. According to the report, roofing and paving accounted for the largest market share.

Regional Insights:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific was the largest market for SBC and its derivatives. Some of the factors driving the Asia Pacific SBC and its derivatives market included rapid industrialization, increasing use of SBC and its derivatives in footwear, and rising construction activities.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global SBC and its derivatives market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Asahi Kasei Corporation, Avient Corporation, BASF SE, China Petroleum & Chemical Corporation, Denka Company Limited, Dynasol Group, Kraton Corporation (DL Chemical Co., Ltd.), LG Chem Ltd. (LG Corporation), LYC Group, TRSC Corporation, Versalis (Eni S.p.A.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Scope:

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the SBC and its derivatives market from 2019-2033.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global SBC and its derivatives market.
• The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the SBC and its derivatives industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.