Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 730.05 Million | USD 1372.97 Million | 6.52% | 2024 |
FrequentlyAsked Questions
Styrene-butadiene copolymer is composed of 2-phase soft & hard component blocks.
The global medical styrenic block copolymer (SBC) market is expected to grow due to growth in healthcare packaging, increasing demand for flexible and safe medical devices, rising use in drug delivery systems, and stringent regulatory standards for biocompatible materials.
According to a study, the global medical styrenic block copolymer (SBC) market size was worth around USD 730.05 Million in 2024 and is expected to reach USD 1372.97 Million by 2034.
The global medical styrenic block copolymer (SBC) market is expected to grow at a CAGR of 6.52% during the forecast period.
North America is expected to dominate the medical styrenic block copolymer (SBC) market over the forecast period.
Leading players in the global medical styrenic block copolymer (SBC) market include Kumho Petrochemical, LYC CHEMICAL Corp., Versalis S.p.A., RTP Company, Grupo Dynasol, Asahi Kasei Corporation, JSR Corporation, China Petrochemical Corporation, Ineos Styrolution Group, LG Chem Ltd., BASF SE., TSRC Corporation, Dynasol Group, Zeon Corporation, among others.
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