| Product Code: ETC8636269 | 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 |
The import shipments of styrenic block copolymers to Nigeria in 2024 saw a significant increase in concentration, with top exporting countries being India, Turkey, China, UAE, and USA. The high Herfindahl-Hirschman Index (HHI) in 2023 intensified to a very high concentration level in 2024, indicating a more consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 11.07%, while the impressive growth rate from 2023 to 2024 reached 86.73%, pointing towards a rapidly expanding market demand for styrenic block copolymers in Nigeria.

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 Nigeria Styrenic Block Copolymer Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Styrenic Block Copolymer Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Styrenic Block Copolymer Market - Industry Life Cycle |
3.4 Nigeria Styrenic Block Copolymer Market - Porter's Five Forces |
3.5 Nigeria Styrenic Block Copolymer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Styrenic Block Copolymer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Styrenic Block Copolymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Styrenic Block Copolymer Market Trends |
6 Nigeria Styrenic Block Copolymer Market, By Types |
6.1 Nigeria Styrenic Block Copolymer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Styrene-Butadiene-Styrene (SBS), 2021- 2031F |
6.1.4 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Styrene-Isoprene-Styrene (SIS), 2021- 2031F |
6.1.5 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Hydrogenated SBC (HSBC), 2021- 2031F |
6.1.6 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Styrenic Block Copolymer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Asphalt Modification, 2021- 2031F |
6.2.3 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Adhesives and Sealants, 2021- 2031F |
6.2.4 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Polymer Modification, 2021- 2031F |
6.2.5 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Medical Devices, 2021- 2031F |
6.2.6 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Wires and Cables, 2021- 2031F |
6.2.7 Nigeria Styrenic Block Copolymer Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Styrenic Block Copolymer Market Import-Export Trade Statistics |
7.1 Nigeria Styrenic Block Copolymer Market Export to Major Countries |
7.2 Nigeria Styrenic Block Copolymer Market Imports from Major Countries |
8 Nigeria Styrenic Block Copolymer Market Key Performance Indicators |
9 Nigeria Styrenic Block Copolymer Market - Opportunity Assessment |
9.1 Nigeria Styrenic Block Copolymer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Styrenic Block Copolymer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Styrenic Block Copolymer Market - Competitive Landscape |
10.1 Nigeria Styrenic Block Copolymer Market Revenue Share, By Companies, 2024 |
10.2 Nigeria 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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