Market Overview

The Global Styrene Ethylene Butylene Styrene (SEBS) Market was valued at USD 5,401.0 million in 2023 and is expected to reach USD 7,563.9 million by 2031 while growing at a CAGR of 4.3% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global styrene ethylene butylene styrene (SEBS) market growth. Styrene Ethylene Butylene Styrene (SEBS) is a thermoplastic elastomer, a polymer blending the features of both thermoplastics and elastomers. Comprising styrene, ethylene, and butylene, it forms a copolymer.

Increasing automotive industry growth propels the expansion of the styrene ethylene butylene styrene market, driven by versatility and performance. However, obstacles such as raw material price volatility and environmental concerns may impede further growth.

Furthermore, the global styrene ethylene butylene styrene (SEBS) industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Form Analysis

The Global Styrene Ethylene Butylene Styrene (SEBS) Market is segmented among Pellets, and Powder, based on Form. In 2023, Pellets accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End-user Industry Analysis

The Global Styrene Ethylene Butylene Styrene (SEBS) Market is segmented among Footwear, Adhesives and Sealants, Plastics, Roads and Railways, Automotive, Sporting and Toys, Electrical and Electronics, and Other, based on End-user Industry. In 2023, Adhesives and Sealants accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Styrene Ethylene Butylene Styrene (SEBS) Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Asahi Kasei Corporation, Celanese Corporation, China Petrochemical Corporation (Sinopec Corp.), Dynasol Group, General Industrial Polymers, JSR Corporation, Kraton Polymers, Kuraray Co. Ltd, LCY GROUP, and Ravago Group.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Styrene Ethylene Butylene Styrene (SEBS) Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Styrene Ethylene Butylene Styrene (SEBS) Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Styrene Ethylene Butylene Styrene (SEBS) Market Segmentation, By Form 

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Share Analysis, By Form 

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Growth Analysis, By Form 

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Trends, By Form 

o Pellets

o Powder

6. Global Styrene Ethylene Butylene Styrene (SEBS) Market Segmentation, By End-user

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Share Analysis, By End-user

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Growth Analysis, By End-user

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Trends, By End-user

o Footwear

o Adhesives and Sealants

o Plastics

o Roads and Railways

o Automotive

o Sporting and Toys

o Electrical and Electronics

o Other

7. Global Styrene Ethylene Butylene Styrene (SEBS) Market Segmentation, By Region

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Share Analysis, By Region

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Growth Analysis, By Region

• Global Styrene Ethylene Butylene Styrene (SEBS) Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Asahi Kasei Corporation*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Celanese Corporation 

• China Petrochemical Corporation (Sinopec Corp.)

• Dynasol Group

• General Industrial Polymers

• JSR Corporation

• Kraton Polymers

• Kuraray Co. Ltd

• LCY GROUP

• Ravago Group

 *Similar analysis will be provided for each company listed above.