Global Styrene Butadiene Rubber (SBR) Market Growth 2023-2029

Global Styrene Butadiene Rubber (SBR) Market Growth 2023-2029

Styrene–Butadiene Rubber also referred to as SBR, is a random copolymer of styrene and butadiene. There are two major types of SBR, Emulsion-SBR (E-SBR) and Solution-SBR (S-SBR), based on the different manufacturing process.

LPI (LP Information)' newest research report, the “Styrene Butadiene Rubber (SBR) Industry Forecast” looks at past sales and reviews total world Styrene Butadiene Rubber (SBR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Styrene Butadiene Rubber (SBR) sales for 2023 through 2029. With Styrene Butadiene Rubber (SBR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Styrene Butadiene Rubber (SBR) industry.

This Insight Report provides a comprehensive analysis of the global Styrene Butadiene Rubber (SBR) 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 Styrene Butadiene Rubber (SBR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Styrene Butadiene Rubber (SBR) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Styrene Butadiene Rubber (SBR) 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 Styrene Butadiene Rubber (SBR).

The global Styrene Butadiene Rubber (SBR) market size is projected to grow from US$ 11650 million in 2022 to US$ 17180 million in 2029; it is expected to grow at a CAGR of 17180 from 2023 to 2029.

Asia(excluding China) is the largest Styrene Butadiene Rubber (SBR) market with about 30% market share. China is follower, accounting for about 24% market share.

The key players are China National Petroleum Corporation, Kumho Petrochemical Co., Ltd, Asahi Kasei Corporation, Sumitomo Chemical Company, ZEON Corporation, Trinseo S.A., LANXESS Aktiengesellschaft, Bridgestone Corporation, JSR Corporation, The Goodyear Tire & Rubber Company, Sinopec, Zhejiang Vitile Co., Ltd, Jiangsu Shenhua Chemical Co., Ltd, Zhechen Rubber, Fujian FuXiang Chemical Co., Ltd, PJSC Nizhnekamsk, Chandra Asri, Lion Elastomer, SRI Group, Versalis, Michelin, SIBUR, LG Chemicals, Dynasol Elastomer etc. Top 3 companies occupied about 21% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Styrene Butadiene Rubber (SBR) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

SBR

E-SBR

S-SBR

Segmentation by application

Automotive Tire

Footwear

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 analyzing the company's coverage, product portfolio, its market penetration.

China National Petroleum Corporation

Kumho Petrochemical Co., Ltd

Asahi Kasei Corporation

Sumitomo Chemical Company

ZEON Corporation

Trinseo S.A.

LANXESS Aktiengesellschaft

Bridgestone Corporation

JSR Corporation

The Goodyear Tire & Rubber Company

Sinopec

Zhejiang Vitile Co., Ltd

Jiangsu Shenhua Chemical Co., Ltd

Zhechen Rubber

Fujian FuXiang Chemical Co., Ltd

PJSC Nizhnekamsk

Chandra Asri

Lion Elastomer

SRI Group

Versalis

Michelin

SIBUR

LG Chemicals

Dynasol Elastomer

Key Questions Addressed in this Report

What is the 10-year outlook for the global Styrene Butadiene Rubber (SBR) market?

What factors are driving Styrene Butadiene Rubber (SBR) market growth, globally and by region?

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

How do Styrene Butadiene Rubber (SBR) market opportunities vary by end market size?

How does Styrene Butadiene Rubber (SBR) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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