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Home>Top 5 Vendors in the Global Styrenic Block Copolymer Market | Technavio

Top 5 Vendors in the Global Styrenic Block Copolymer Market | Technavio

Top 5 Vendors in the Global Styrenic Block Copolymer Market | Technavio

10/06/2017

Top 5 Vendors in the Global Styrenic Block Copolymer Market | Technavio

Technavio has announced the top five leading vendors in their recent global styrenic block copolymer (SBC) market report from 2017 to 2021. This market research report also lists seven other prominent vendors that are expected to impact the market during the forecast period.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171005006002/en/

Technavio has published a new report on the global styrenic block copolymer market from 2017-2021. ( ...

Technavio has published a new report on the global styrenic block copolymer market from 2017-2021. (Graphic: Business Wire)

Competitive vendor landscape

According to the research analysis, the global SBC market is consolidated with the presence of several global vendors. The market is dominated by global vendors such as Dynasol, China Petrochemical Corporation, LCY GROUP, PolyOne, and TSRC. These players have a vast geographical presence with large production facilities located globally. Although small and medium scale vendors are coming up with innovative capabilities, the prominent players will still have a strong foothold in the market during the forecast period. The competitive environment in the market will further intensify over the next five years with the increase in product extensions in terms of innovation in technology.

“In the SBC market, environmental standards are expected to play a crucial role. Strict enforcement of legislation by the European environmental associations has led end-users to demand environment-friendly products increasingly. The end-users are voluntarily shifting toward bio-friendly technology and products, which leave a smaller carbon footprint after its product cycle. This also helps in improving their brand image and reduces the possibility of incurring high penalties,” says Hitesh Bhatia, a lead plastics, polymers, and elastomers research analyst from Technavio.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

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