Medical Styrenic Block Copolymer Global Market Report 2022 – By Type (Styrene Ethylene Butadiene Styrene, Styrene Isoprene Butadiene, Styrene-Butadiene-Styrene), By Application (Tubing, Medical bags, Equipment, Packaging and diagnostics products, Wound care) – Market Size, Trends, And Global Forecast 2022-2026

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The medical styrene block copolymer market consists of sales of the medical styrene block copolymers by entities (organizations, sole traders, and partnerships) that are used in the manufacture of medical products such as surgical drapery, needle shields, dental dams, drip chambers, and exercise bands. Medical styrene block copolymers refer to thermoplastic elastomers. These materials look like plastic but behave like rubber. This material helps to make products flexible, stretchable, and elastic. It can also be used as an alternative to natural rubber, silicone rubber, thermoplastic polyurethane (TPU), or polyvinyl chloride (PVC).

The main types of medical styrene block copolymers are styrene ethylene butadiene styrene, styrene isoprene butadiene, and styrene-butadiene-styrene. Styrene isoprene butadiene is a thermoplastic elastomer blend that exhibits both the elasticity and resilience of butadiene rubber or isoprene rubber (natural rubber) and the ability of polystyrene to be molded and shaped under the influence of heat and is used in making diapers, sanitary pads, and hygienic products. The various applications include tubing, medical bags, equipment, packaging and diagnostics products, wound care, and others.

The medical styrene block copolymer market research report is one of a series of new reports from The Business Research Company that provides medical styrene block copolymer market statistics, including medical styrene block copolymer industry global market size, regional shares, competitors with a medical styrene block copolymer market share, detailed medical styrene block copolymer market segments, market trends and opportunities, and any further data you may need to thrive in the medical styrene block copolymer industry. This medical styrene block copolymer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global medical styrenic block copolymer market size is expected to grow from $6.48 billion in 2021 to $7.08 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The global medical styrenic block copolymer market size is expected to grow to $8.93 billion in 2026 at a CAGR of 6%.

Increasing healthcare expenditure is expected to propel the growth of the medical styrene block copolymer market going forward. Healthcare expenditure refers to average healthcare spending in an economy, which includes expenditure related to hospitals, home health agencies, and personal healthcare. Medical styrene block copolymer materials are used in the manufacture of medical products, which helps to make medical products flexible, stretchable, and elastic. For instance, in March 2021, according to the Indian Brand Equity Foundation, an India-based government agency, Indian public spending on health care increased to 2.1% of GDP for the year 2022, which is 1.8% of GDP for the year 2021. In addition, for the year 2022, the union budget has allocated 11.28 billion in its budget for health care. Also, according to the Centers for Medicare & Medicaid Services, a US-based government health organization, health care spending in the US increased by 9.7% in 2020, which reached $4.1 trillion. Therefore, increasing healthcare expenditure is driving the growth of the medical styrene block copolymer market.

An increase in product developments and innovations is a key trend gaining popularity in the medical styrene block copolymer market. Major companies operating in the medical styrene block copolymer sector are focused on developing new technologies to strengthen their position in the market. For instance, in February 2020, Clariant AG, a Switzerland-based company that manufactures health care polymer devices, launched medical fillers named MEVOPUR, which are manufactured by using hydrolytic degradation technology. These new filters are specially designed to resist degradation caused by exposure to high humidity and temperature extremes. These filers had high loading capacities of radiopaque metals, as these fillers are known to exacerbate the degradation effect.

In December 2021, DL chemicals, a South Korea-based company that manufactures medical polyethylene and elastomer polybutylene products, acquired Karton for a deal amount of $2.5 billion. With this acquisition, DL Chemicals would provide Kraton with financial strength as well as a growth-oriented focus. Furthermore, the deal would allow Kraton to further invest in innovations and develop new technological products on the market. Kraton Corporation is a US-based company that manufactures high-performance elastomers and medical styrene block copolymer products.

Major players in the medical styrenic block copolymer market are Zeon Corporation, TSRC Corporation, Kumho Petrochemical, LCY Chemical Corp, INEOS Styrolution Group GmbH, Trinseo SA, RTP Company, LG Chem, Ineos Styrolution Group, China Petrochemical, Dynasol Group, Asahi Kasei Corporation, and BASF.

North America was the largest region in the medical styrenic block copolymer market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global medical styrenic block copolymer market during the forecast period. The regions covered in the global medical styrenic block copolymer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the medical styrenic block copolymer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The global medical styrenic block copolymer market is segmented -

1) By Type: Styrene Ethylene Butadiene Styrene, Styrene Isoprene Butadiene, Styrene-Butadiene-Styrene

2) By Application: Tubing, Medical bags, Equipment, Packaging and diagnostics products, Wound care, Others

    Table Of Contents

    1. Executive Summary

    2. Medical Styrenic Block Copolymer Market Characteristics

    3. Medical Styrenic Block Copolymer Market Trends And Strategies

    4. Impact Of COVID-19 On Medical Styrenic Block Copolymer

    5. Medical Styrenic Block Copolymer Market Size And Growth

    5.1. Global Medical Styrenic Block Copolymer Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Medical Styrenic Block Copolymer Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Medical Styrenic Block Copolymer Market Segmentation

    6.1. Global Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Styrene Ethylene Butadiene Styrene

    Styrene Isoprene Butadiene

    Styrene-Butadiene-Styrene

    6.2. Global Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Tubing

    Medical bags

    Equipment

    Packaging and diagnostics products

    Wound care

    Other Applications

    7. Medical Styrenic Block Copolymer Market Regional And Country Analysis

    7.1. Global Medical Styrenic Block Copolymer Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Medical Styrenic Block Copolymer Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Medical Styrenic Block Copolymer Market

    8.1. Asia-Pacific Medical Styrenic Block Copolymer Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Medical Styrenic Block Copolymer Market

    9.1. China Medical Styrenic Block Copolymer Market Overview

    9.2. China Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Medical Styrenic Block Copolymer Market

    10.1. India Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Medical Styrenic Block Copolymer Market

    11.1. Japan Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Medical Styrenic Block Copolymer Market

    12.1. Australia Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Medical Styrenic Block Copolymer Market

    13.1. Indonesia Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Medical Styrenic Block Copolymer Market

    14.1. South Korea Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Medical Styrenic Block Copolymer Market

    15.1. Western Europe Medical Styrenic Block Copolymer Market Overview

    15.2. Western Europe Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Medical Styrenic Block Copolymer Market

    16.1. UK Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Medical Styrenic Block Copolymer Market

    17.1. Germany Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Medical Styrenic Block Copolymer Market

    18.4. France Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Medical Styrenic Block Copolymer Market

    19.1. Eastern Europe Medical Styrenic Block Copolymer Market Overview

    19.2. Eastern Europe Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Medical Styrenic Block Copolymer Market

    20.1. Russia Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Medical Styrenic Block Copolymer Market

    21.1. North America Medical Styrenic Block Copolymer Market Overview

    21.2. North America Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Medical Styrenic Block Copolymer Market

    22.1. USA Medical Styrenic Block Copolymer Market Overview

    22.2. USA Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Medical Styrenic Block Copolymer Market

    23.1. South America Medical Styrenic Block Copolymer Market Overview

    23.2. South America Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Medical Styrenic Block Copolymer Market

    24.1. Brazil Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Medical Styrenic Block Copolymer Market

    25.1. Middle East Medical Styrenic Block Copolymer Market Overview

    25.2. Middle East Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Medical Styrenic Block Copolymer Market

    26.1. Africa Medical Styrenic Block Copolymer Market Overview

    26.2. Africa Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Medical Styrenic Block Copolymer Market Competitive Landscape And Company Profiles

    27.1. Medical Styrenic Block Copolymer Market Competitive Landscape

    27.2. Medical Styrenic Block Copolymer Market Company Profiles

    27.2.1. Zeon Corporation

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. TSRC Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Kumho Petrochemical

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. LCY Chemical Corp

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. INEOS Styrolution Group GmbH

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Medical Styrenic Block Copolymer Market

    29. Medical Styrenic Block Copolymer Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Medical Styrenic Block Copolymer Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Medical Styrenic Block Copolymer Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Asia-Pacific, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: India, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Japan, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Australia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Indonesia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: South Korea, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: Western Europe, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: UK, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Germany, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: France, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: Eastern Europe, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Russia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: North America, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: USA, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: South America, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: Brazil, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Middle East, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Africa, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Zeon Corporation Financial Performance
  • Table 46: TSRC Corporation Financial Performance
  • Table 47: Kumho Petrochemical Financial Performance
  • Table 48: LCY Chemical Corp Financial Performance
  • Table 49: INEOS Styrolution Group GmbH Financial Performance

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