USA Styrene Butadiene Rubber (SBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade 2015-2032

USA Styrene Butadiene Rubber (SBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade 2015-2032

The USA Styrene Butadiene Rubber (SBR) market has projected a growth in the historical period of 2015-2020 and reached approximately 900 thousand tonnes in 2021 and is expected to further grow at a healthy CAGR of 5.14% during the forecast period until 2032. Due to the increased interlinking of polymer chains brought on by oxidation, SBR, unlike natural rubber which tends to harden rather than soften with time; thus, making it a suitable material for manufacturing tyres.

Styrene Butadiene Rubber (SBR) is a synthetic rubber which is created by copolymerizing butadiene and styrene. Emulsion polymerization technique is the most commonly employed process for its production. SBR has excellent mechanical properties such as heat resistance, high tensile strength, crack & tear resistance, and high resilience. Due to these reasons, it is widely used for manufacturing tyres, and often mixed with natural rubber to improvise its resilience. Tyres, conveyor belts, foam articles, adhesives and sealant, domestic ware mats, sink board trays, shoe soles and heels, chewy candy, food container adhesives, car mats, brake and clutch pads, tubing, V-belts, floor coverings, army tank pads, and rubberized battery box cases are just a few of the numerous applications for SBR.

Styrene Butadiene Rubber (SBR) demand in USA is majorly accounted by tyre industry. SBR is a popular abrasion-resistant substitute for natural rubber that is primarily utilized in the production of automobile tyres. With crack-resistance and thermal resistance, SBR is a perfect choice for manufacturing tyres. Owing to growth in population results in higher demand of vehicles and thus tyres, which is anticipated to swell the demand of SBR in USA. Furthermore, due to its non-slip nature, SBR is suitable for manufacturing footwear soles and heels, which contributes finely to the market growth. The USA Styrene Butadiene Rubber (SBR) market will most likely reach 1500 thousand tonnes by 2032.

Based on demand by region, the USA Styrene Butadiene Rubber (SBR) market is divided into West, Midwest, Northeast, Southwest, and Southeast. Among these regions, Southeast region is dominating the USA market. In 2021, this region accounted for a consumption of nearly 30% of the USA Styrene Butadiene Rubber (SBR) market. This demand is mainly backed up by the application of SBR in various industries such as automotive, polymer, shoe soles, adhesives, and more. Moreover, Texas is the leading producer of SBR in USA with a capacity of nearly 60% of the total capacity of USA.

Based on type, the global Styrene Butadiene Rubber (SBR) market is divided into Emulsion Styrene Butadiene Rubber and Solution Styrene Butadiene Rubber. The Emulsion Styrene Butadiene Rubber is dominating the market and finds application in various industries including adhesives, automobiles, and others.

Based on the end-use industry, USA Styrene Butadiene Rubber (SBR) market is segmented into Tyres, Conveyor Belt, Shoe Sole, and Others. Among these, The Tyre industry is the dominating the SBR market. In 2021, this sector accounted for roughly 80% of the demand and is anticipated to maintain its dominance over the forecast period. Growing demand of high-quality tyres for usage in electric vehicles, hybrid vehicles, and conventional vehicles is anticipated to increase the demand of SBR in the forthcoming years.

Major players in the production of USA Styrene Butadiene Rubber (SBR) are Goodyear Tire and Rubber, LANXESS AG, Lion Elastomers, Bridgestone Corporation, and others.

Years considered for this report:

Historical Period: 2015- 2021

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023-2032

Objective of the Study:

• To assess the demand-supply scenario of Styrene Butadiene Rubber (SBR) which covers production, demand and supply of Styrene Butadiene Rubber (SBR) market in the USA.
• To analyse and forecast the market size of Styrene Butadiene Rubber (SBR)
• To classify and forecast USA Styrene Butadiene Rubber (SBR) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Styrene Butadiene Rubber (SBR) market in the USA.

To extract data for USA Styrene Butadiene Rubber (SBR) market, primary research surveys were conducted with Styrene Butadiene Rubber (SBR) manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for USA Styrene Butadiene Rubber (SBR) market over the coming years.

ChemAnalyst calculated Styrene Butadiene Rubber (SBR) demand in USA by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Styrene Butadiene Rubber (SBR) across the USA. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.

Key Target Audience:

• Styrene Butadiene Rubber (SBR) manufacturers and other stakeholders
• Organizations, forums and alliances related to Styrene Butadiene Rubber (SBR) distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Styrene Butadiene Rubber (SBR) manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, USA Styrene Butadiene Rubber (SBR) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Type: Emulsion Styrene Butadiene Rubber and Solution Styrene Butadiene Rubber
• Market, by End-use: Tyres, Conveyor Belt, Shoe Sole, and Others
• Market, by Sales Channel: Direct Sale and Indirect Sale
• Market, by Region: West, Midwest, Northeast, Southwest, and Southeast.

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