Styrenic Block Copolymers SBC Plastics Demand for Medical Applications is Expected to
However, volatility in raw material prices has emerged as a critical challenge to SBC producers worldwide. Increasing R in bio based SBC plastics is expected to herald the most promising opportunity in the market; bio based SBCs along with being environment friendly are also economically feasible against their synthetic counterparts.
Styrene Ethylene Butylene Styrene (SEBS) is the most dominant SBC product consumed by the medical and healthcare industry and accounted for over 68% of total medical SBC volumes in 2011. SEBS is primarily used for manufacturing medical bags (including IV, CAPD and blood bags) and other flexible materials in the medical industry. SEBS is also tim timberland boots for men berland boots for men the fastest growing type of SBC used in the medical sector.
Related Recently Published Reports by Transparency Market ResearchNorth America is the leading consumer for medical SBCs and accounted for 38.7% of the global demand in 2011, it is followed by Europe as the second largest consumer. Asia Pacific is the fastest growing market for SBCs, and is expected to grow at a CAGR of 7.2% from 2012 to 2018.
Some of the leading companies operating in the global market include Sinopec, Kraton, LCY Chemical, Dynasol, TSRC, timberland boots for men LG Chemicals, PolyOne Corporation and so on. Major medical device manufacturers in the market include big multinational companies such as Johnson Johnson, Siemens Healthcare, GE Healthcare, Baxter International, Medtronic, Covidien and so on. The demand for various types (SEBS, SBS and other SBCs) of SBC is analyzed from 2011 to 2018. The report also includes the demand for SBC based on various medical applications. The report segments the global SBCs medical market as:
Styrenic Block Copolymers Medical Market, by Product Type:
Styrene Ethylene Butylene Styrene (SEBS)
Styrene Butadiene Styrene (SBS)
Styrenic Block Copolymers Medical Market, by Application:
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