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Dublin, July 22, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/qt325f/global_sbc_and) has announced the addition of the "Global SBC and its Derivatives Market 2015-2019" report to their offering.
The global SBC and its derivatives market to grow at a CAGR of 4.99% over the period 2014-2019.
The report covers the present scenario and the growth prospects of the global SBC and its derivatives market for the period 2015-2019. The report includes the segmentation of the market based on application.
The report, Global SBC and Its Derivatives Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
With the recent increased demand for hot-melt adhesives and sealants from the budding construction industry in APAC, especially in China, the consumption trend has started shifting toward SIS. This is acting as a major positive trend for the market, as SIS is costlier in comparison to SBS and is not suffering from the challenge of oversupply. With the adhesives and sealants market in China, the major consumer in the global adhesives and sealants market in 2014, expected to witness rapid growth during the forecast period, this trend will continue during the coming years.
According to the report, while the demand for SBC and its derivatives from the emerging economies in APAC and South America has increased at a constant rate in recent years, the manufacturers in the market are faced with the growing problem of the nearly saturated condition of the SBC and its derivatives markets in the developed countries in North America and Europe, along with Japan. As a result, the players in the market have started focusing on the development and introduction of new and advanced low-cost SBC-based products, such as bio-based SBCs and low-styrene styrenic copolymers.
Further, the report states that constant fluctuations in the prices of raw materials used in the manufacture of SBC and its derivatives pose a challenge to manufacturers of SBC and its derivatives.
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/qt325f/global_sbc_and
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