May 26, 2017   SOURCE: BusinessWire

Global Styrene Isoprene Butadiene (SIBS) Market to Reach $72 Billion by 2021 - Shift Towards Polymer Devices Over Metallic Devices is Gaining Popularity - Research and Markets

Research and Markets has announced the addition of the "Global Styrene Isoprene Butadiene (SIBS) Market" report to their offering.

The global styrene butadiene rubber (SBR) market has been estimated at USD 56.11 billion in 2016 and is projected to reach USD 72.02 billion by 2021, growing at a CAGR of 5.12% during the forecast period, 2016 to 2021.

Styrene isoprene butylene styrene, also known as SIBS, is a biostable thermoplastic elastomer with physical properties that overlap silicone rubber and polyurethane. Initial data collected with SIBS stent-grafts and coatings on metallic stents demonstrate hemocompatibility, biocompatibility and long-term stability in contact with metal. SIBS polymers contain block segments of styrene monomers and rubber monomer units like other styrene block copolymers. However, SIBS also contains unsaturated elastomers or rubber units having isoprene and butadiene.

A shift towards polymer devices over metallic devices is gaining popularity in the medical industry, to improve the operational efficiency. This is expected to drive the SIBS demand in the global market. The adhesive & sealants industry is another key market to drive its demand in the global market. SIBS has potential application in pressure sensitive adhesives in the tapes market. Wires & cables is another segment, which drives the demand for SIBS in the emerging markets. However, fluctuating raw material prices are anticipated to act as a restraint for the global SIBS market growth.

Companies Mentioned:

  • Eastman Chemical Company
  • Kraton Polymers
  • TSRC Corporation
  • ZEON CHEMICALS L.P.
  • LANXESS
  • JSR Corporation
  • RCMA Rubber
  • Kraton
  • LCY Chemical Corp.
  • Shandong Jusage Technology Co.,Ltd.
  • NINGBO ORETEL POLYMER CO., LTD
  • En Chuan Chemical Industries Co., Ltd.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis (Market Size, Growth and Forecast)

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit http://www.researchandmarkets.com/research/k3qdk7/global_styrene