Global Transparent SBS Market Growth 2026-2032

August 2026 | 82 pages | ID: GA8B5DEBEED7EN
LP Information

Abstracts

The global Transparent SBS market size is predicted to grow from US$ 41.66 million in 2025 to US$ 58.97 million in 2032; it is expected to grow at a CAGR of 5.2% from 2026 to 2032.

Transparent SBS is a type of thermoplastic elastomer that is styrene-butadiene-styrene copolymer with added resin, oil, and stabilizers to enhance its transparency. It is used in a variety of applications such as food packaging, medical products, and consumer electronics.

United States market for Transparent SBS is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

China market for Transparent SBS is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Europe market for Transparent SBS is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Global key Transparent SBS players cover Kraton, TSRC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.

LP Information, Inc. (LPI) ' newest research report, the ?Transparent SBS Industry Forecast? looks at past sales and reviews total world Transparent SBS sales in 2025, providing a comprehensive analysis by region and market sector of projected Transparent SBS sales for 2026 through 2032. With Transparent SBS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transparent SBS industry.

This Insight Report provides a comprehensive analysis of the global Transparent SBS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transparent SBS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Transparent SBS market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transparent SBS and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transparent SBS.

This report presents a comprehensive overview, market shares, and growth opportunities of Transparent SBS market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

• Fully Transparent
• Translucent

Segmentation by Application:

• Toy
• Consumer Goods
• Sports Equipment
• Hardware Tools
• Electronic Appliances
• Other

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

• Kraton
• TSRC

Key Questions Addressed in this Report

• What is the 10-year outlook for the global Transparent SBS market?
• What factors are driving Transparent SBS market growth, globally and by region?
• Which technologies are poised for the fastest growth by market and region?
• How do Transparent SBS market opportunities vary by end market size?
• How does Transparent SBS break out by Type, by Application?

Contents

1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Transparent SBS Annual Sales 2021-2032
  2.1.2 World Current & Future Analysis for Transparent SBS by Geographic Region, 2021, 2025 & 2032
  2.1.3 World Current & Future Analysis for Transparent SBS by Country/Region, 2021, 2025 & 2032
2.2 Transparent SBS Segment by Type
  2.2.1 Fully Transparent
  2.2.2 Translucent
  2.2.3 Transparent SBS Sales by Type
    2.2.3.1 Global Transparent SBS Sales Market Share by Type (2021-2026)
    2.2.3.2 Global Transparent SBS Revenue and Market Share by Type (2021-2026)
    2.2.3.3 Global Transparent SBS Sale Price by Type (2021-2026)
2.3 Transparent SBS Segment by Application
  2.3.1 Toy
  2.3.2 Consumer Goods
  2.3.3 Sports Equipment
  2.3.4 Hardware Tools
  2.3.5 Electronic Appliances
  2.3.6 Other
  2.3.7 Transparent SBS Sales by Application
    2.3.7.1 Global Transparent SBS Sale Market Share by Application (2021-2026)
    2.3.7.2 Global Transparent SBS Revenue and Market Share by Application (2021-2026)
    2.3.7.3 Global Transparent SBS Sale Price by Application (2021-2026)

3 GLOBAL BY COMPANY

3.1 Global Transparent SBS Breakdown Data by Company
  3.1.1 Global Transparent SBS Annual Sales by Company (2021-2026)
  3.1.2 Global Transparent SBS Sales Market Share by Company (2021-2026)
3.2 Global Transparent SBS Annual Revenue by Company (2021-2026)
  3.2.1 Global Transparent SBS Revenue by Company (2021-2026)
  3.2.2 Global Transparent SBS Revenue Market Share by Company (2021-2026)
3.3 Global Transparent SBS Sale Price by Company
3.4 Key Manufacturers Transparent SBS Producing Area Distribution, Sales Area, Product Type
  3.4.1 Key Manufacturers Transparent SBS Product Location Distribution
  3.4.2 Players Transparent SBS Products Offered
3.5 Market Concentration Rate Analysis
  3.5.1 Competition Landscape Analysis
  3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy

4 WORLD HISTORIC REVIEW FOR TRANSPARENT SBS BY GEOGRAPHIC REGION

4.1 World Historic Transparent SBS Market Size by Geographic Region (2021-2026)
  4.1.1 Global Transparent SBS Annual Sales by Geographic Region (2021-2026)
  4.1.2 Global Transparent SBS Annual Revenue by Geographic Region (2021-2026)
4.2 World Historic Transparent SBS Market Size by Country/Region (2021-2026)
  4.2.1 Global Transparent SBS Annual Sales by Country/Region (2021-2026)
  4.2.2 Global Transparent SBS Annual Revenue by Country/Region (2021-2026)
4.3 Americas Transparent SBS Sales Growth
4.4 APAC Transparent SBS Sales Growth
4.5 Europe Transparent SBS Sales Growth
4.6 Middle East & Africa Transparent SBS Sales Growth

5 AMERICAS

5.1 Americas Transparent SBS Sales by Country
  5.1.1 Americas Transparent SBS Sales by Country (2021-2026)
  5.1.2 Americas Transparent SBS Revenue by Country (2021-2026)
5.2 Americas Transparent SBS Sales by Type (2021-2026)
5.3 Americas Transparent SBS Sales by Application (2021-2026)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Transparent SBS Sales by Region
  6.1.1 APAC Transparent SBS Sales by Region (2021-2026)
  6.1.2 APAC Transparent SBS Revenue by Region (2021-2026)
6.2 APAC Transparent SBS Sales by Type (2021-2026)
6.3 APAC Transparent SBS Sales by Application (2021-2026)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan

7 EUROPE

7.1 Europe Transparent SBS by Country
  7.1.1 Europe Transparent SBS Sales by Country (2021-2026)
  7.1.2 Europe Transparent SBS Revenue by Country (2021-2026)
7.2 Europe Transparent SBS Sales by Type (2021-2026)
7.3 Europe Transparent SBS Sales by Application (2021-2026)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Transparent SBS by Country
  8.1.1 Middle East & Africa Transparent SBS Sales by Country (2021-2026)
  8.1.2 Middle East & Africa Transparent SBS Revenue by Country (2021-2026)
8.2 Middle East & Africa Transparent SBS Sales by Type (2021-2026)
8.3 Middle East & Africa Transparent SBS Sales by Application (2021-2026)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 MANUFACTURING COST STRUCTURE ANALYSIS

10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Transparent SBS
10.3 Manufacturing Process Analysis of Transparent SBS
10.4 Industry Chain Structure of Transparent SBS

11 MARKETING, DISTRIBUTORS AND CUSTOMER

11.1 Sales Channel
  11.1.1 Direct Channels
  11.1.2 Indirect Channels
11.2 Transparent SBS Distributors
11.3 Transparent SBS Customer

12 WORLD FORECAST REVIEW FOR TRANSPARENT SBS BY GEOGRAPHIC REGION

12.1 Global Transparent SBS Market Size Forecast by Region
  12.1.1 Global Transparent SBS Forecast by Region (2027-2032)
  12.1.2 Global Transparent SBS Annual Revenue Forecast by Region (2027-2032)
12.2 Americas Forecast by Country (2027-2032)
12.3 APAC Forecast by Region (2027-2032)
12.4 Europe Forecast by Country (2027-2032)
12.5 Middle East & Africa Forecast by Country (2027-2032)
12.6 Global Transparent SBS Forecast by Type (2027-2032)
12.7 Global Transparent SBS Forecast by Application (2027-2032)

13 KEY PLAYERS ANALYSIS

13.1 Kraton
  13.1.1 Kraton Company Information
  13.1.2 Kraton Transparent SBS Product Portfolios and Specifications
  13.1.3 Kraton Transparent SBS Sales, Revenue, Price and Gross Margin (2021-2026)
  13.1.4 Kraton Main Business Overview
  13.1.5 Kraton Latest Developments
13.2 TSRC
  13.2.1 TSRC Company Information
  13.2.2 TSRC Transparent SBS Product Portfolios and Specifications
  13.2.3 TSRC Transparent SBS Sales, Revenue, Price and Gross Margin (2021-2026)
  13.2.4 TSRC Main Business Overview
  13.2.5 TSRC Latest Developments

14 RESEARCH FINDINGS AND CONCLUSION

List Of Tables

LIST OF TABLES

Table 1. Transparent SBS Annual Sales CAGR by Geographic Region (2021, 2025 & 2032) & ($ millions)
Table 2. Transparent SBS Annual Sales CAGR by Country/Region (2021, 2025 & 2032) & ($ millions)
Table 3. Major Players of Fully Transparent
Table 4. Major Players of Translucent
Table 5. Global Transparent SBS Sales by Type (2021-2026) & (Tons)
Table 6. Global Transparent SBS Sales Market Share by Type (2021-2026)
Table 7. Global Transparent SBS Revenue by Type (2021-2026) & ($ million)
Table 8. Global Transparent SBS Revenue Market Share by Type (2021-2026)
Table 9. Global Transparent SBS Sale Price by Type (2021-2026) & (US$/Ton)
Table 10. Global Transparent SBS Sale by Application (2021-2026) & (Tons)
Table 11. Global Transparent SBS Sale Market Share by Application (2021-2026)
Table 12. Global Transparent SBS Revenue by Application (2021-2026) & ($ million)
Table 13. Global Transparent SBS Revenue Market Share by Application (2021-2026)
Table 14. Global Transparent SBS Sale Price by Application (2021-2026) & (US$/Ton)
Table 15. Global Transparent SBS Sales by Company (2021-2026) & (Tons)
Table 16. Global Transparent SBS Sales Market Share by Company (2021-2026)
Table 17. Global Transparent SBS Revenue by Company (2021-2026) & ($ millions)
Table 18. Global Transparent SBS Revenue Market Share by Company (2021-2026)
Table 19. Global Transparent SBS Sale Price by Company (2021-2026) & (US$/Ton)
Table 20. Key Manufacturers Transparent SBS Producing Area Distribution and Sales Area
Table 21. Players Transparent SBS Products Offered
Table 22. Transparent SBS Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
Table 23. New Products and Potential Entrants
Table 24. Market M&A Activity & Strategy
Table 25. Global Transparent SBS Sales by Geographic Region (2021-2026) & (Tons)
Table 26. Global Transparent SBS Sales Market Share Geographic Region (2021-2026)
Table 27. Global Transparent SBS Revenue by Geographic Region (2021-2026) & ($ millions)
Table 28. Global Transparent SBS Revenue Market Share by Geographic Region (2021-2026)
Table 29. Global Transparent SBS Sales by Country/Region (2021-2026) & (Tons)
Table 30. Global Transparent SBS Sales Market Share by Country/Region (2021-2026)
Table 31. Global Transparent SBS Revenue by Country/Region (2021-2026) & ($ millions)
Table 32. Global Transparent SBS Revenue Market Share by Country/Region (2021-2026)
Table 33. Americas Transparent SBS Sales by Country (2021-2026) & (Tons)
Table 34. Americas Transparent SBS Sales Market Share by Country (2021-2026)
Table 35. Americas Transparent SBS Revenue by Country (2021-2026) & ($ millions)
Table 36. Americas Transparent SBS Sales by Type (2021-2026) & (Tons)
Table 37. Americas Transparent SBS Sales by Application (2021-2026) & (Tons)
Table 38. APAC Transparent SBS Sales by Region (2021-2026) & (Tons)
Table 39. APAC Transparent SBS Sales Market Share by Region (2021-2026)
Table 40. APAC Transparent SBS Revenue by Region (2021-2026) & ($ millions)
Table 41. APAC Transparent SBS Sales by Type (2021-2026) & (Tons)
Table 42. APAC Transparent SBS Sales by Application (2021-2026) & (Tons)
Table 43. Europe Transparent SBS Sales by Country (2021-2026) & (Tons)
Table 44. Europe Transparent SBS Revenue by Country (2021-2026) & ($ millions)
Table 45. Europe Transparent SBS Sales by Type (2021-2026) & (Tons)
Table 46. Europe Transparent SBS Sales by Application (2021-2026) & (Tons)
Table 47. Middle East & Africa Transparent SBS Sales by Country (2021-2026) & (Tons)
Table 48. Middle East & Africa Transparent SBS Revenue Market Share by Country (2021-2026)
Table 49. Middle East & Africa Transparent SBS Sales by Type (2021-2026) & (Tons)
Table 50. Middle East & Africa Transparent SBS Sales by Application (2021-2026) & (Tons)
Table 51. Key Market Drivers & Growth Opportunities of Transparent SBS
Table 52. Key Market Challenges & Risks of Transparent SBS
Table 53. Key Industry Trends of Transparent SBS
Table 54. Transparent SBS Raw Material
Table 55. Key Suppliers of Raw Materials
Table 56. Transparent SBS Distributors List
Table 57. Transparent SBS Customer List
Table 58. Global Transparent SBS Sales Forecast by Region (2027-2032) & (Tons)
Table 59. Global Transparent SBS Revenue Forecast by Region (2027-2032) & ($ millions)
Table 60. Americas Transparent SBS Sales Forecast by Country (2027-2032) & (Tons)
Table 61. Americas Transparent SBS Annual Revenue Forecast by Country (2027-2032) & ($ millions)
Table 62. APAC Transparent SBS Sales Forecast by Region (2027-2032) & (Tons)
Table 63. APAC Transparent SBS Annual Revenue Forecast by Region (2027-2032) & ($ millions)
Table 64. Europe Transparent SBS Sales Forecast by Country (2027-2032) & (Tons)
Table 65. Europe Transparent SBS Revenue Forecast by Country (2027-2032) & ($ millions)
Table 66. Middle East & Africa Transparent SBS Sales Forecast by Country (2027-2032) & (Tons)
Table 67. Middle East & Africa Transparent SBS Revenue Forecast by Country (2027-2032) & ($ millions)
Table 68. Global Transparent SBS Sales Forecast by Type (2027-2032) & (Tons)
Table 69. Global Transparent SBS Revenue Forecast by Type (2027-2032) & ($ millions)
Table 70. Global Transparent SBS Sales Forecast by Application (2027-2032) & (Tons)
Table 71. Global Transparent SBS Revenue Forecast by Application (2027-2032) & ($ millions)
Table 72. Kraton Basic Information, Transparent SBS Manufacturing Base, Sales Area and Its Competitors
Table 73. Kraton Transparent SBS Product Portfolios and Specifications
Table 74. Kraton Transparent SBS Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 75. Kraton Main Business
Table 76. Kraton Latest Developments
Table 77. TSRC Basic Information, Transparent SBS Manufacturing Base, Sales Area and Its Competitors
Table 78. TSRC Transparent SBS Product Portfolios and Specifications
Table 79. TSRC Transparent SBS Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 80. TSRC Main Business
Table 81. TSRC Latest Developments

List Of Figures

LIST OF FIGURES

Figure 1. Picture of Transparent SBS
Figure 2. Transparent SBS Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Transparent SBS Sales Growth Rate 2021-2032 (Tons)
Figure 7. Global Transparent SBS Revenue Growth Rate 2021-2032 ($ millions)
Figure 8. Transparent SBS Sales by Geographic Region (2021, 2025 & 2032) & ($ millions)
Figure 9. Transparent SBS Sales Market Share by Country/Region (2025)
Figure 10. Transparent SBS Sales Market Share by Country/Region (2021, 2025 & 2032)
Figure 11. Product Picture of Fully Transparent
Figure 12. Product Picture of Translucent
Figure 13. Global Transparent SBS Sales Market Share by Type in 2026
Figure 14. Global Transparent SBS Revenue Market Share by Type (2021-2026)
Figure 15. Transparent SBS Consumed in Toy
Figure 16. Global Transparent SBS Market: Toy (2021-2026) & (Tons)
Figure 17. Transparent SBS Consumed in Consumer Goods
Figure 18. Global Transparent SBS Market: Consumer Goods (2021-2026) & (Tons)
Figure 19. Transparent SBS Consumed in Sports Equipment
Figure 20. Global Transparent SBS Market: Sports Equipment (2021-2026) & (Tons)
Figure 21. Transparent SBS Consumed in Hardware Tools
Figure 22. Global Transparent SBS Market: Hardware Tools (2021-2026) & (Tons)
Figure 23. Transparent SBS Consumed in Electronic Appliances
Figure 24. Global Transparent SBS Market: Electronic Appliances (2021-2026) & (Tons)
Figure 25. Transparent SBS Consumed in Other
Figure 26. Global Transparent SBS Market: Other (2021-2026) & (Tons)
Figure 27. Global Transparent SBS Sale Market Share by Application (2025)
Figure 28. Global Transparent SBS Revenue Market Share by Application in 2026
Figure 29. Transparent SBS Sales by Company in 2026 (Tons)
Figure 30. Global Transparent SBS Sales Market Share by Company in 2026
Figure 31. Transparent SBS Revenue by Company in 2026 ($ millions)
Figure 32. Global Transparent SBS Revenue Market Share by Company in 2026
Figure 33. Global Transparent SBS Sales Market Share by Geographic Region (2021-2026)
Figure 34. Global Transparent SBS Revenue Market Share by Geographic Region in 2026
Figure 35. Americas Transparent SBS Sales 2021-2026 (Tons)
Figure 36. Americas Transparent SBS Revenue 2021-2026 ($ millions)
Figure 37. APAC Transparent SBS Sales 2021-2026 (Tons)
Figure 38. APAC Transparent SBS Revenue 2021-2026 ($ millions)
Figure 39. Europe Transparent SBS Sales 2021-2026 (Tons)
Figure 40. Europe Transparent SBS Revenue 2021-2026 ($ millions)
Figure 41. Middle East & Africa Transparent SBS Sales 2021-2026 (Tons)
Figure 42. Middle East & Africa Transparent SBS Revenue 2021-2026 ($ millions)
Figure 43. Americas Transparent SBS Sales Market Share by Country in 2026
Figure 44. Americas Transparent SBS Revenue Market Share by Country (2021-2026)
Figure 45. Americas Transparent SBS Sales Market Share by Type (2021-2026)
Figure 46. Americas Transparent SBS Sales Market Share by Application (2021-2026)
Figure 47. United States Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 48. Canada Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 49. Mexico Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 50. Brazil Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 51. APAC Transparent SBS Sales Market Share by Region in 2026
Figure 52. APAC Transparent SBS Revenue Market Share by Region (2021-2026)
Figure 53. APAC Transparent SBS Sales Market Share by Type (2021-2026)
Figure 54. APAC Transparent SBS Sales Market Share by Application (2021-2026)
Figure 55. China Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 56. Japan Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 57. South Korea Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 58. Southeast Asia Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 59. India Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 60. Australia Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 61. China Taiwan Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 62. Europe Transparent SBS Sales Market Share by Country in 2026
Figure 63. Europe Transparent SBS Revenue Market Share by Country (2021-2026)
Figure 64. Europe Transparent SBS Sales Market Share by Type (2021-2026)
Figure 65. Europe Transparent SBS Sales Market Share by Application (2021-2026)
Figure 66. Germany Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 67. France Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 68. UK Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 69. Italy Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 70. Russia Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 71. Middle East & Africa Transparent SBS Sales Market Share by Country (2021-2026)
Figure 72. Middle East & Africa Transparent SBS Sales Market Share by Type (2021-2026)
Figure 73. Middle East & Africa Transparent SBS Sales Market Share by Application (2021-2026)
Figure 74. Egypt Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 75. South Africa Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 76. Israel Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 77. Turkey Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 78. GCC Countries Transparent SBS Revenue Growth 2021-2026 ($ millions)
Figure 79. Manufacturing Cost Structure Analysis of Transparent SBS in 2026
Figure 80. Manufacturing Process Analysis of Transparent SBS
Figure 81. Industry Chain Structure of Transparent SBS
Figure 82. Channels of Distribution
Figure 83. Global Transparent SBS Sales Market Forecast by Region (2027-2032)
Figure 84. Global Transparent SBS Revenue Market Share Forecast by Region (2027-2032)
Figure 85. Global Transparent SBS Sales Market Share Forecast by Type (2027-2032)
Figure 86. Global Transparent SBS Revenue Market Share Forecast by Type (2027-2032)
Figure 87. Global Transparent SBS Sales Market Share Forecast by Application (2027-2032)
Figure 88. Global Transparent SBS Revenue Market Share Forecast by Application (2027-2032)