Styrene-Butadiene-Rubber (SBR) Industry Installed Capacity and Capital Expenditure (CapEx) Market Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026
Summary
Global Styrene-Butadiene-Rubber (SBR) capacity is poised to see considerable growth over the next five years, potentially increasing from 8.27 mtpa in 2021 to 15.30 mtpa in 2026. Around eight planned and announced SBR projects are expected to come online by 2026, predominantly in Asia followed by the Middle East over the upcoming years. Among countries, India is expected to lead SBR capacity additions by 2026, followed by Iran and China. Reliance Industries Ltd, Sadaf Petrochemical Assaluyeh Co and Indian Oil Corp Ltd are the top three companies by planned and announced capacity additions globally over the upcoming years.
Scope
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