Styrene Butadiene Rubber Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPC83 | Last Updated On: Feb 09 2021 | No. of Pages: 180 | Available Formats

> Global Styrene Butadiene Rubber Market Expected to reach a high CAGR of 4.5% By 2027: DataM Intelligence

Global Styrene-Butadiene Rubber (SBR) Market is segmented By Type (Emulsion SBR, Solution SBR), By End-User (Tire, Footwear, Construction, Polymer modification, Adhesives & Sealants Industries, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

  • The Global Styrene Butadiene Rubber (SBR) Market is expected to grow at a CAGR of 4.5% during the forecasting period (2020-2027).
  • Styrene Butadiene Rubber (SBR) is the most widely used synthetic rubber in adhesives & sealants and is produced from a copolymer of styrene and butadiene. Compared to natural rubber, SBR has better processability, heat aging, and abrasion resistance but is inferior regarding elongation, hot tear strength, hysteresis, resilience, and tensile strength.
  • SBR adhesives show great heat, abrasion and crack resistance and better aging characteristics than natural rubber adhesives. In the adhesives and sealants industry, SBR has mostly used for bonding tufted carpets and in pressure sensitive adhesives.

Market Dynamics

  • The primary factor driving market growth is the growing demand in the automotive industry for high-performance tires. The increasing use of low rolling-resistance tires to reduce fuel consumption and decrease CO2 emissions is expected to increase SBR consumption.
  • Also, rising demand in the emerging economies is also boosting the growth of the market.
  • Moreover, styrene butadiene rubber products are used in almost all emerging industries such as automotive, construction and electrical. Thus the demand for styrene butadiene rubber is expected to drive the global SBR market during the forecast period.

Market Segmentation

  • By the end user, the global styrene butadiene rubber (SBR) market is bifurcated into Tire, Footwear, Construction, Polymer modification, Adhesives & Sealants Industries. Among all the others, the tire industry dominated the SBR market in 2017 in term of maximum consumption.
  • Apart from this, SBR is also used in non-tire automotive applications, conveyor belts, industrial hoses, various molded and extruded rubber goods, footwear, and other consumer goods. Some grades of SBR, those that are waterproof and free from impurities, are also utilized in the cable industry.
  • Moreover, in the past few years, the global market for styrene butadiene rubber is growing at a higher pace due to its greater energy saver and reduce fuel consumption which is in favor of sustainability principle. The global rubber market, wherein styrene butadiene rubber holds significant share, is growing at higher CAGR in the forecast period, which is projected to fuel demand of styrene butadiene rubber in coming years.

Geographical Analysis

  • Geographically, the global styrene butadiene rubber (SBR) market has been segmented into Asia-Pacific, North America, Europe, South America, and MEMA. Among all the regions, Asia-Pacific dominates the global SBR market, owing to the demand of S-SBR in developing economies including China, India, and Japan. China is the largest market for tire manufacturing, resulting in high demand for S-SBR in the marketplace. Moreover, the production and demand for SBR are also rising in China, due to increased demand from end-use sectors such as a tire, construction, automotive goods, mechanical goods, and footwear.
  • These are other factors expected to drive the growth of the global SBR market.
  • Also, Europe is another important market that is expected to contribute significantly during the forecast period mainly due to rising awareness regarding environmental protection.

Competitive Analysis

The global styrene butadiene rubber (SBR) market is fragmented with a large number of local and international players. However, LANXESS, Trinseo, and JSR Corporation are the leading suppliers of activated carbon in the world. These three Companies combine holds around XX% of the total market.

Why purchase the report?

  • Visualize the composition of the SBR market across each indication, regarding type, product type, and applications, highlighting the critical commercial assets and players.
  • Identify business opportunities in the SBR market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the SBR market level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the essential SBR market products of all major market players.

Target Audience

  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

 

Table of contents

1. Methodology and Scope

1.1. Research Methodology

1.2. The scope of the Report

2. Trends

2.1. Key Trends & Developments

3. Industry Analysis

3.1. Market Drivers

3.2. Market Restraints

3.3. Competitive Intensity- Porter 5 Forces

4. By Type

4.1. Emulsion SBR (E-SBR)

4.2. Solution SBR (S-SBR)

5. By End-User

5.1. Tire

5.2. Footwear

5.3. Construction

5.4. Polymer modification

5.5. Adhesives & Sealants Industries

5.6. Others

6. By Geography

6.1. North America

6.1.1. United States

6.1.2. Canada

6.1.3. Mexico

6.2. South America

6.2.1. Brazil

6.2.2. Argentina

6.2.3. Rest of South America

6.3. Europe

6.3.1. Germany

6.3.2. United Kingdom

6.3.3. France

6.3.4. Italy

6.3.5. Rest of Europe

6.4. Asia-Pacific

6.4.1. China

6.4.2. Japan

6.4.3. South Korea

6.4.4. India

6.4.5. Rest of Asia-Pacific

6.5. Rest of the World

7. Competitive Landscape

7.1. Market Player Analysis

7.2. Key Strategies adopted by Manufacturers

7.3. Product Benchmarking

8. Company Profiles

8.1. LANXESS

8.2. Kumho Petrochemical

8.3. Trinseo

8.4. JSR Corporation

8.5. Synthos S.A

8.6. Taiwan Synthetic Rubbers

8.7. Versalis S.P.A.

8.8. Lion Elastomers

8.9. RESINEX Group

8.10. Chi Mei Corporation

8.11. Zeon Corporation

9. Appendix

9.1. Sources

9.2. List of Tables

9.3. Expert Panel Validation

9.4. Disclaimer

9.5. Contact Us

Did not find what you were looking for?Every 7 out of 10 customers request tailored reports. Get yours today!
We collate your requirements.
Our global research team is put into action.
We deliver, and make sure your endeavour is a success!

Buy This Report



Get your FREE SAMPLE PROPOSAL with a single click!

linkedinpinterest