Posts

Showing posts with the label Styrene Butadiene Styrene Market Size

Styrene Butadiene Styrene Market Worth $8.42 Billion By 2030

Image
  San Francisco, 16 Aug 2023:  The Report  Styrene Butadiene Styrene Market  Size, Share & Trends Analysis Report By Type, By Application (Footwear, Asphalt Modification, Polymer Modification, Adhesives), By Region, And Segment Forecasts, 2022 - 2030 The global styrene butadiene styrene market size is expected to reach USD 8.42 billion by 2030, according to a new study by Grand View Research, Inc. The market is projected to expand at a CAGR of 5.6% from 2022 to 2030. Styrene Butadiene Styrene (SBS) is a homopolymer formed by a styrene and butadiene link. SBS is a tough polymer that features high levels of durability. It is often used for products that require endurance while being used, such as toys, housewares, and point-of-purchase displays. Growth of major end-use industries such as footwear and adhesives & sealants, mainly in the emerging markets from Asia Pacific and Latin America has been a key driving factor for the SBS industry. Demand for SBSs in developed markets of N