According to our (Global Info Research) latest study, the global Styrene Ethylene Propylene Styrenes (SEPS) market size was valued at US$ 304 million in 2024 and is forecast to a readjusted size of USD 527 million by 2031 with a CAGR of 8.3% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Styrene-ethylene-propylene-styrene, also known as SEPS, is a thermoplastic elastomer (TPE) which behaves like rubber without undergoing vulcanization. SEPS is very flexible, has excellent heat and UV resistance and is easy to process. It is produced by partial and selective hydrogenating of styrene-isoprene-styrene copolymers (SIS)1 which improves the thermal stability, weathering and oil resistance, and makes SEPS steam sterilisable.2 However, hydrogenation also reduces the mechanical performance and increases the cost of the polymer.
Thermoplastic elastomer TPE-S is a modified alloy elastomer based on SBS, SEBS and other components, with the appearance of transparent or white particles, good color matching, can be matched with black and other colors.As a new type of polymer, TPE-S has the dual performance and wide range of properties of rubber and thermoplastic plastics, and it has the advantages of good mechanical properties, environmentally friendly, easy to process, and a wide range of applications, etc. With its excellent features, TPE-S is regarded as the "third generation rubber" after natural rubber and synthetic rubber. TPE-S is the largest thermoplastic elastomer in the world, with the rapid development of downstream automotive, fiber optic and other industries, the global market demand for TPE-S is constantly released. Globally, TPE-S related manufacturers include American Kraton, American Shell, Japanese Kuraray, Korean LG, Asahi Kasei, Sinopec, LCY CHEMICAL and other enterprises.
This report is a detailed and comprehensive analysis for global Styrene Ethylene Propylene Styrenes (SEPS) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Styrene Ethylene Propylene Styrenes (SEPS) market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Styrene Ethylene Propylene Styrenes (SEPS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Styrene Ethylene Propylene Styrenes (SEPS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Styrene Ethylene Propylene Styrenes (SEPS) market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Styrene Ethylene Propylene Styrenes (SEPS)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Styrene Ethylene Propylene Styrenes (SEPS) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kraton, Kuraray, Lucobit AG, Sinopec Group, Ningbo Changhong Polymer, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Styrene Ethylene Propylene Styrenes (SEPS) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Pellets
Powder
Market segment by Application
Automotive Industry
Pharmaceutical Industry
Others
Major players covered
Kraton
Kuraray
Lucobit AG
Sinopec Group
Ningbo Changhong Polymer
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Styrene Ethylene Propylene Styrenes (SEPS) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Styrene Ethylene Propylene Styrenes (SEPS), with price, sales quantity, revenue, and global market share of Styrene Ethylene Propylene Styrenes (SEPS) from 2020 to 2025.
Chapter 3, the Styrene Ethylene Propylene Styrenes (SEPS) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Styrene Ethylene Propylene Styrenes (SEPS) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Styrene Ethylene Propylene Styrenes (SEPS) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Styrene Ethylene Propylene Styrenes (SEPS).
Chapter 14 and 15, to describe Styrene Ethylene Propylene Styrenes (SEPS) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Styrene Ethylene Propylene Styrenes (SEPS). Industry analysis & Market Report on Styrene Ethylene Propylene Styrenes (SEPS) is a syndicated market report, published as Global Styrene Ethylene Propylene Styrenes (SEPS) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Styrene Ethylene Propylene Styrenes (SEPS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.