| Product Code: ETC7554769 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of styrenic block copolymers in 2024 continued to be dominated by top exporting countries such as South Korea, Taiwan, Province of China, Thailand, Malaysia, and Saudi Arabia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a notable Compound Annual Growth Rate (CAGR) of 17.68% from 2020 to 2024 and a growth rate of 17.25% from 2023 to 2024, the sector shows promising expansion potential and sustained demand for styrenic block copolymers in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Styrenic Block Copolymer Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Styrenic Block Copolymer Market Revenues & Volume, 2021 & 2031F |
3.3 India Styrenic Block Copolymer Market - Industry Life Cycle |
3.4 India Styrenic Block Copolymer Market - Porter's Five Forces |
3.5 India Styrenic Block Copolymer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Styrenic Block Copolymer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Styrenic Block Copolymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in automotive and construction industries |
4.2.2 Growing preference for styrenic block copolymers in medical devices and packaging applications due to their versatility and performance |
4.2.3 Rising investments in research and development activities to enhance product properties and expand application areas |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as styrene and butadiene impacting production costs |
4.3.2 Stringent environmental regulations and concerns regarding the disposal and recycling of styrenic block copolymers |
4.3.3 Intense competition from alternative materials like thermoplastic elastomers and polyurethanes |
5 India Styrenic Block Copolymer Market Trends |
6 India Styrenic Block Copolymer Market, By Types |
6.1 India Styrenic Block Copolymer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Styrenic Block Copolymer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Styrenic Block Copolymer Market Revenues & Volume, By Styrene-Butadiene-Styrene (SBS), 2021- 2031F |
6.1.4 India Styrenic Block Copolymer Market Revenues & Volume, By Styrene-Isoprene-Styrene (SIS), 2021- 2031F |
6.1.5 India Styrenic Block Copolymer Market Revenues & Volume, By Hydrogenated SBC (HSBC), 2021- 2031F |
6.1.6 India Styrenic Block Copolymer Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Styrenic Block Copolymer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Styrenic Block Copolymer Market Revenues & Volume, By Asphalt Modification, 2021- 2031F |
6.2.3 India Styrenic Block Copolymer Market Revenues & Volume, By Adhesives and Sealants, 2021- 2031F |
6.2.4 India Styrenic Block Copolymer Market Revenues & Volume, By Polymer Modification, 2021- 2031F |
6.2.5 India Styrenic Block Copolymer Market Revenues & Volume, By Medical Devices, 2021- 2031F |
6.2.6 India Styrenic Block Copolymer Market Revenues & Volume, By Wires and Cables, 2021- 2031F |
6.2.7 India Styrenic Block Copolymer Market Revenues & Volume, By Others, 2021- 2031F |
7 India Styrenic Block Copolymer Market Import-Export Trade Statistics |
7.1 India Styrenic Block Copolymer Market Export to Major Countries |
7.2 India Styrenic Block Copolymer Market Imports from Major Countries |
8 India Styrenic Block Copolymer Market Key Performance Indicators |
8.1 Research and development expenditure on new product development and innovation |
8.2 Adoption rate of styrenic block copolymers in emerging applications and industries |
8.3 Number of patents filed or granted for advancements in styrenic block copolymer technology |
9 India Styrenic Block Copolymer Market - Opportunity Assessment |
9.1 India Styrenic Block Copolymer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Styrenic Block Copolymer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Styrenic Block Copolymer Market - Competitive Landscape |
10.1 India Styrenic Block Copolymer Market Revenue Share, By Companies, 2024 |
10.2 India Styrenic Block Copolymer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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