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The global styrenic block copolymer (SBC) market is set to gain traction from the rapid expansion of the automotive industry. The Economist Intelligence Unit Limited mentioned that the sales ofelectric cars will reach 3.4m in 2021 from 2.5m in 2020. Besides, the sales of commercial vehicles will rise by 16% in 2021, while the sales of new cars will grow by 15%. This information is given by Fortune Business Insights™ in a new report, titled, “Styrenic Block Copolymer Market, 2021-2028.” As per the report, the market size was USD 7,163.6 million in 2020. It is projected to reach USD 10,010.5 million by 2028, exhibiting a CAGR of 4.2%

Styrenic Block Copolymer (SBC) Market Size and Growth, 2028
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Styrenic Block Copolymer (SBC) Market Size and Growth, 2028

The global styrenic block copolymer (SBC) market is projected to grow from $7,514.1 million in 2021 to $10,010.5 million in 2028 at a CAGR of 4.2%