Global Medical Styrenic Block Copolymer (SBC) Market Size Worth $10,001 Million, Globally, by 2028 at 4.5% CAGR - Exclusive Report by: Zion Market Research

NEW YORK, Feb. 18, 2022 /PRNewswire/ -- Zion Market Research, Medical Styrenic Block Copolymer (SBC) industry garnered revenue worth nearly US$ 7,134 million in 2021 and is anticipated to gain returns about US$ 10,001 million by 2028. Additionally, Medical Styrenic Block Copolymer (SBC) market is prognosis to record CAGR of almost 4.5% in 2022-2028.

Read Market Research Report "Medical Styrenic Block Copolymer (SBC) Market- By Application (Wound Care, Packaging & Diagnostic Products, Medical Bags, And Tubing) And By Product (Styrene Ethylene Butadiene Styrene, Styrene Isoprene Butadiene, And Styrene-Butadiene-Styrene): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028."

Growth of medical styrenic block copolymer (SBC) market over forecast timespan is subject to rising use of product in producing ventilators, oxygen masks, and respiratory equipment. In addition to this, use of medical styrenic block copolymer for phthalates that adversely impacts patient health will drive market trends. Surge in cases of congenital heart anomalies will translate into huge need of medical equipment, thereby embellishing expansion of medical styrenic block copolymer (SBC) industry. Rise in renovation activities and large-scale expenditure on infrastructural growth will prop up development of industry over ensuing years. Favorable government legislations supporting use of product with view of developing high quality medical devices as well as medical product will trigger revenue elevation of medical styrenic block copolymer (SBC) market.

Styrene Ethylene Butadiene Styrene Segment To Lead Product Landscape By 2028:

Growth of product segment over assessment period can be credited to its enhanced processing ability, high strength, and flexibility. In addition to this, the product is compatible with polypropylene and improves production of moldable compounds.

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The Global Medical Styrenic Block Copolymer (SBC) Market is segmented as follows:

Medical Styrenic Block Copolymer (SBC) Market By Application Outlook (2022-2028)

• Wound Care
• Tubing
• Packaging & Diagnostic Products
• Medical Bags

Medical Styrenic Block Copolymer (SBC) Market By Product Outlook (2022-2028)

• Styrene Ethylene Butadiene Styrene
• Styrene Isoprene Butadiene
• Styrene-Butadiene-Styrene

Medical Styrenic Block Copolymer (SBC) Market By Region Outlook (2022-2028)

North America

• The U.S.
• Canada

Europe

• France
• The UK
• Spain
• Germany
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa

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List of Key Players of Medical Styrenic Block Copolymer (SBC) Market:

• Eastman Chemical Company
• Kumho Petrochemical Co.Ltd.
• Versalis S.p.A.
• LYC CHEMICAL Corp.
• Grupo Dynasol
• RTP Company
• Asahi Kasei Corporation
• China Petrochemical Corporation
• JSR Corporation
• LG Chem Ltd.
• Ineos Styrolution Group
• BASF SE.

Press Release For Medical Styrenic Block Copolymer (SBC) Market: https://www.zionmarketresearch.com/news/medical-styrenic-block-copolymer-market

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Browse through Zion Market Research's coverage of the Global Chemical & Materials Industry

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