Global Styrene-Butadiene Rubber Market Report By Type (Emulsion SBR, Solution SBR), By Application, Tyres, Adhesives, Footwear, Other Applications) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

As per this study the Global Styrene-butadiene rubber Market was valued USD XX MN (by revenue) in 2022 and is anticipated to reach USD XX MN by 2030 with a CAGR of 5%.

Styrene-butadiene rubber (SBR) is one of the cheapest synthetic elastomers that is sometimes used as a substitute in place of natural rubber. It can be manufactured by free-radical solution polymerization or by emulsion polymerization. They have application across drive couplings, conveyor belts, haul-off pads, shoe soles and heels, adhesives, and various other molded rubber goods.

Market Dynamics

The growing demand for high-performance tires from the automotive industries is the major factor fueling market growth. Also, rising demand for adhesives along with the increasing application footwear, construction, and polymer modification is further expected to fuel the market growth over the forecasted timeline. On the other hand, environmental concern is addressed as the key restraints that can curb the market growth.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of styrene-butadiene rubber.

Market Segmentation

The broad styrene-butadiene rubber market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Type

• Emulsion SBR
• Solution SBR

By Application

• Tyres
• Adhesives
• Footwear
• Other Applications

Regional Analysis

Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for styrene-butadiene rubber in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

Global Styrene-Butadiene Rubber Market Share by Region (Representative Graph)



The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Styrene-Butadiene Rubber market includes ARLANXEO, Asahi Kasei Corporation, China Petroleum & Chemical Corporation, Grupo Dynasol, Kemipex, Kumho Petrochemical, LANXESS, LG Chem, Sumitomo Chemical Asia Pte Ltd, Synthos SA, Trinseo, Versalis S.p.A. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.