Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.42 Billion | USD 8.55 Billion | 5.2% | 2023 |
FrequentlyAsked Questions
Massive use of medical styrenic block copolymers as biomaterial & drug delivery matrix will steer expansion of medical styrenic block copolymer (SBC) market.
According to Zion market research report, the global Medical Styrenic Block Copolymer (SBC) Market accrued earnings worth approximately 7,134 (USD Million) in 2021 and is predicted to gain revenue of about 10,001 (USD Million) by 2028, is set to record a CAGR of nearly 4.5% over the period from 2022 to 2028.
Asia Pacific will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to rise in product penetration in housing sector in densely populated countries such as India and China.
The key market participants include Eastman Chemical Company, Versalis S.p.A., LYC CHEMICAL Corp., Grupo Dynasol, Asahi Kasei Corporation, RTP Company, JSR Corporation, LG Chem Ltd., Ineos Styrolution Group GmbH, China Petrochemical Corporation, Kumho Petrochemical Co., Ltd., and BASF SE.
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