Global SBS Market Growth 2025-2031

Global SBS Market Growth 2025-2031

The global SBS market size is predicted to grow from US$ 4306 million in 2025 to US$ 5301 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

Styrene-butadiene-styrene, or SBS, is a hard rubber that"s used for things like the soles of shoes, tire treads, and other places where durability is important. It"s a type of copolymer called a block copolymer. Its backbone chain is made up of three segments. The first is a long chain of polystyrene, the middle is a long chain of polybutadiene, and the last segment is another long section of polystyrene.

Global SBS key players include LCY Chemical, Sinopec, Kraton, etc. Global top three manufacturers hold a share over 50%.

APAC is the largest market, with a share about 55%, followed by Middle East, and Europe, both have a share over 40 percent.

In terms of product, Non-oil-extended SBS is the largest segment, with a share about 65%. And in terms of application, the largest application is Footwear, followed by Asphalt Modification, etc.

LP Information, Inc. (LPI) ' newest research report, the “SBS Industry Forecast” looks at past sales and reviews total world SBS sales in 2024, providing a comprehensive analysis by region and market sector of projected SBS sales for 2025 through 2031. With SBS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SBS industry.

This Insight Report provides a comprehensive analysis of the global 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 SBS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SBS market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 SBS.

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

Segmentation by Type:
Liner SBS
Radical SBS

Segmentation by Application:
Footwear
Asphalt Modification
Polymer Modification
Adhesives
Others

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.
LCY Chemical
Kraton
Dynasol
LG Chem
Versalis
Sibur
KKPC
Asahi Kasei
TSRC
Chimei
Sinopec
CNPC
Keyuan Petrochemicals
Jusage

Key Questions Addressed in this Report

What is the 10-year outlook for the global SBS market?

What factors are driving SBS market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do SBS market opportunities vary by end market size?

How does SBS break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.