Thermoplastic elastomers (TPEs) are a class of copolymers (typically a mixture of rubber and plastic) that contain materials with both elastomeric and thermoplastic properties. There are six generic classes of commercial TPEs, out of which one is styrenic block copolymers (SBC), in which styrene ethylene butylene styrene (SEBS) is categorized. SEBS offers various exceptional properties such as heat- and cold-resistance, UV-resistance, processing stability, etc., which enable its increasing usage. The chemical resistance of SEBS is similar to that of natural rubber, which provides it with resistance to acids and bases. Over the past couple of years, SEBS has been instrumental in replacing certain PVC applications in the medical and health care industry, which has resulted in increase in demand for the polymer. SEBS is consumed in a large number of applications such as home furnishings, car interiors, diving equipments, electrical appliances, footwear, toys, food- and medical-grade containers, and hand tools. Based on end-user industry, the SEBS market can be segmented into automotive, building & construction, electricals & electronics, footwear, medical & healthcare, packaging, sports & leisure, and others. Asia Pacific is a major region of the market for SEBS on a global level. The region leads in terms of global production as well as consumption. Districts such as Japan, Taiwan, and South Korea are major producers of SEBS. They export a major part of the SEBS they produce to countries in the Rest of Asia Pacific (with China being a prominent consumer of SEBS, along with overall SBCs) and to other regions. Domestic consumption in Japan and South Korea has been steady over the past couple of years, with increase in exports. Western Europe held a significant share in terms of overall consumption of SEBS in Europe. Other than Western Europe, major developments in the SEBS market have been observed in Russia and Turkey. The U.S. held a significant share of the SEBS market in North America. It ranked second in terms of demand for styrenic polymers in the world, only following China. Key players operating in SEBS market include Kraton Corporation, LCY GROUP, LG Chem Ltd., INEOS STYROLUTION Group GmbH, and TSRC Corporation. Manufacturers in the SEBS market are focusing on product development activities to provide better flow, lower warpage, and greater adhesion of SEBS to other thermoplastics. Source：https://www.transparencymarketresearch.com/styrene-ethylene-butylene-styrene-market.html