Styrene Butadiene Rubber Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Emulsion SBR, Solution SBR), By Application (Tyres, Adhesives, Footwear, Others), By Region and Competition, 2019-2029F
Global Styrene Butadiene Rubber Market was valued at USD 9.05 Billion in 2023 and is anticipated t%li%project steady growth in the forecast period with a CAGR of 3.55% through 2029. Styrene-butadiene rubber (SBR), a synthetic rubber derived from the combination of styrene and butadiene, has garnered widespread usage across various industries due t%li%its exceptional properties, including high abrasion resistance and aging stability. Industries such as tire manufacturing, footwear, and adhesives heavily rely on SBR for its versatility and performance. As these industries continue t%li%expand globally, the demand for SBR follows suit, thereby driving market growth. The automotive sector stands out as a significant driver of the SBR market's expansion. SBR is a key component in tire manufacturing, where its properties contribute t%li%enhanced durability and performance on the road. With the increasing demand for automobiles worldwide, particularly in emerging markets, the need for SBR in tire production is expected t%li%rise steadily. The rise in construction activities globally further boosts the demand for SBR-based adhesives, which are used in various construction applications such as flooring, roofing, and sealants.
Despite its robust growth, the SBR market faces several challenges. Fluctuating raw material prices, particularly for styrene and butadiene, pose a significant risk t%li%manufacturers and consumers alike. Price volatility can disrupt supply chains and affect production costs, thereby impacting market dynamics. Furthermore, environmental concerns surrounding the production and disposal of synthetic rubber raise questions about the sustainability of SBR. The use of petrochemical-based feedstocks and energy-intensive production processes contribute t%li%carbon emissions and environmental degradation.
Amidst these challenges, the SBR market presents opportunities for innovation and sustainability. The development of eco-friendly production methods holds promise in addressing environmental concerns associated with SBR manufacturing. Bio-based SBR, derived from renewable feedstocks such as biomass or agricultural waste, offers a sustainable alternative t%li%traditional SBR production methods. Advancements in polymerization techniques and process optimization contribute t%li%reducing energy consumption and minimizing environmental impact. Regulatory initiatives aimed at promoting sustainable practices and reducing carbon emissions are driving industry players t%li%invest in research and development of greener alternatives. Governments worldwide are implementing policies t%li%incentivize the adoption of eco-friendly materials and production processes, thereby creating a conducive environment for sustainable growth in the SBR market.
Key Market Drivers
Growing Demand of Styrene Butadiene Rubber in Automotive Industry
Styrene Butadiene Rubber (SBR), a versatile synthetic rubber renowned for its exceptional abrasion resistance and long-term stability against aging, is currently experiencing a remarkable surge in demand. This surge can be predominantly attributed t%li%the ever-growing automotive industry, which heavily relies on SBR for various key applications, particularly in tire manufacturing. This utilization of SBR in the automotive sector serves as a significant growth propellant for the global SBR market. The increasing demand for synthetic and processed rubber across a wide range of end-use industries, including automotive, is predicted t%li%further boost the sales of styrene-butadiene. With over 70% of SBR consumption dedicated t%li%tire production, it is evident that the automotive sector stands as the primary driver of the SBR market.
The escalating demand for styrene butadiene rubber within the automotive industry plays a vital role in fueling the growth of the global SBR market. As the automotive sector continues t%li%expand and evolve, it is expected t%li%consistently drive the demand for SBR, thus contributing t%li%the sustained growth of the market. This positive outlook highlights the promising future of the SBR industry, with exciting opportunities for both manufacturers and consumers alike.
Growing Demand of Styrene Butadiene Rubber in Construction Industry
Styrene Butadiene Rubber (SBR), a versatile synthetic rubber known for its exceptional abrasion resistance and aging stability, has experienced a substantial surge in demand from the construction industry. This increased demand can be attributed t%li%the unique properties of SBR, which make it an ideal choice for various construction applications. One of the primary uses of SBR in the construction sector is as a modifier for cement and asphalt. By incorporating SBR int%li%these materials, it imparts enhanced durability and flexibility, making them better suited for demanding construction projects. This, in turn, contributes t%li%the overall quality and longevity of infrastructure.
As the construction industry continues t%li%expand globally, the demand for materials like SBR is expected t%li%grow proportionately. This is mainly due t%li%the cost-effective and performance-enhancing solutions that SBR offers t%li%construction projects. Contractors and engineers are increasingly recognizing the value of using SBR t%li%improve the strength, resilience, and lifespan of their structures. The growing demand for styrene butadiene rubber in the construction industry serves as a significant driver for the global SBR market. As the construction sector flourishes and evolves, the need for advanced materials like SBR is expected t%li%further escalate, fueling the sustained growth of the market. The versatile applications and benefits of SBR make it an indispensable component in the construction industry's quest for innovative and long-lasting infrastructure solutions.
Key Market Challenges
Volatility in Price of Raw Materials
Styrene-butadiene rubber (SBR) is a versatile synthetic rubber widely utilized across various sectors, including automotive and construction industries. Its outstanding attributes, such as excellent abrasion resistance and aging stability, make it an ideal choice for numerous applications. However, market players face a significant challenge due t%li%the fluctuating costs of raw materials, particularly styrene and butadiene. These raw material costs are heavily influenced by variations in crude oil prices, as crude oil serves as a key ingredient in the production of both styrene and butadiene, which are the primary components of SBR. Therefore, any fluctuation in crude oil prices directly impacts the overall cost of producing SBR, thereby affecting the market dynamics.
The industry als%li%grapples with limited supplies of natural rubber, another essential raw material for SBR. The imbalance between supply and demand can lead t%li%further price instability, adding another layer of complexity t%li%the market. while SBR offers exceptional properties and finds widespread use in various sectors, the challenges posed by fluctuating raw material costs and limited supplies of natural rubber necessitate a careful analysis of market dynamics and careful planning by industry stakeholders.
Key Market Trends
Increasing Focus on Green and Sustainable Solutions
Styrene-butadiene rubber (SBR), a synthetic rubber known for its exceptional abrasion resistance and aging stability, finds extensive applications across various sectors, including automotive and construction. However, the conventional production process of SBR has long been associated with environmental concerns due t%li%its reliance on non-renewable resources like crude oil. Acknowledging these environmental implications, the SBR market is now placing a strong emphasis on sustainable practices. One notable trend in the global emulsion polymerized styrene-butadiene rubber (E-SBR) market is the growing demand for sustainable and eco-friendly materials. This shift is driven by the proactive adoption of bio-based alternatives t%li%traditional SBR, aiming t%li%minimize the industry's environmental footprint.
Researchers are actively exploring innovative methods t%li%derive styrene and butadiene from renewable sources such as biomass. This ongoing research holds promising potential for the future of the SBR market. By leveraging sustainable and environmentally-friendly practices, companies can contribute t%li%a greener future while meeting the increasing demand for eco-conscious materials in various industries.
Segmental Insights
Type Insights
Based on type, the emulsion SBR emerged as the fastest growing segment in the global market for styrene butadiene rubber in 2023. Emulsion styrene butadiene rubber (ESBR), a type of SBR produced through emulsion polymerization, is a versatile polymer with remarkable properties. This unique rubber exhibits enhanced abrasion resistance, flexibility, and heat build-up characteristics, making it highly desirable in various applications. ESBR's significant contribution t%li%the tire manufacturing industry stems from its ability t%li%improve tire performance and fuel efficiency.
As the automotive industry continues t%li%emphasize the development of high-performance and fuel-efficient tires, ESBR's demand in the market is experiencing a notable upswing. Its growing prominence is a direct result of the advantages it brings t%li%tire technology, solidifying its position as a key player in the styrene butadiene rubber market.
Application Insights
Based on application, the footwear segment is projected t%li%experience rapid growth during the forecast period. In the styrene butadiene rubber market, the footwear segment refers t%li%the application of SBR in the manufacturing of shoes and related products. SBR, known for its flexibility, abrasion resistance, and cost-effectiveness, has become widely used in the footwear industry. The demand for sustainable footwear production has been on the rise, leading t%li%the development of eco-friendly SBR formulations that meet the growing emphasis on environmental responsibility.
Continuous innovations in SBR technologies have contributed t%li%the production of high-performance and durable footwear. These advancements address the evolving consumer demands for not only comfort but als%li%long-lasting and environmentally conscious products. With the integration of these innovations, the footwear industry is able t%li%offer shoes that strike the perfect balance between performance, durability, and sustainability.
Regional Insights
Based on region, North America emerged as the dominant region in the Global Styrene Butadiene Rubber Market in 2023, holding the largest market share in terms of value. North America holds a major growth in the styrene butadiene rubber (SBR) market due t%li%robust demand across key industries. The region's well-established automotive sector, continuous infrastructure development, and the demand for consumer goods contribute t%li%high SBR consumption. In the automotive industry, SBR is preferred due t%li%its excellent properties such as high abrasion resistance, good grip, and low rolling resistance, which enhance the performance and safety of tires. Moreover, stringent quality and safety standards in industries such as automotive drive the preference for SBR.
Ongoing research and development activities in North America focus on enhancing the performance characteristics of SBR, such as improving its durability, elasticity, and resistance t%li%temperature extremes. The region has been at the forefront of adopting sustainable practices in the rubber industry, with efforts t%li%reduce carbon footprint and promote the use of eco-friendly materials in SBR manufacturing. These sustainable practices not only contribute t%li%environmental conservation but als%li%enhance the competitiveness of North American SBR manufacturers in the global market. With its strong foundation in key industries, commitment t%li%quality and safety, and focus on sustainability, North America solidifies its prominent position in the global SBR market. The region continues t%li%innovate and adapt t%li%meet the evolving needs of industries, ensuring its sustained growth and competitiveness in the styrene butadiene rubber market.
Key Market Players
In this report, the Global Styrene Butadiene Rubber Market has been segmented int%li%the following categories, in addition t%li%the industry trends which have als%li%been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Styrene Butadiene Rubber Market.
Available Customizations:
Global Styrene Butadiene Rubber Market report with the given market data, Tech Sci Research offers customizations according t%li%a company's specific needs. The following customization options are available for the report:
Company Information
Despite its robust growth, the SBR market faces several challenges. Fluctuating raw material prices, particularly for styrene and butadiene, pose a significant risk t%li%manufacturers and consumers alike. Price volatility can disrupt supply chains and affect production costs, thereby impacting market dynamics. Furthermore, environmental concerns surrounding the production and disposal of synthetic rubber raise questions about the sustainability of SBR. The use of petrochemical-based feedstocks and energy-intensive production processes contribute t%li%carbon emissions and environmental degradation.
Amidst these challenges, the SBR market presents opportunities for innovation and sustainability. The development of eco-friendly production methods holds promise in addressing environmental concerns associated with SBR manufacturing. Bio-based SBR, derived from renewable feedstocks such as biomass or agricultural waste, offers a sustainable alternative t%li%traditional SBR production methods. Advancements in polymerization techniques and process optimization contribute t%li%reducing energy consumption and minimizing environmental impact. Regulatory initiatives aimed at promoting sustainable practices and reducing carbon emissions are driving industry players t%li%invest in research and development of greener alternatives. Governments worldwide are implementing policies t%li%incentivize the adoption of eco-friendly materials and production processes, thereby creating a conducive environment for sustainable growth in the SBR market.
Key Market Drivers
Growing Demand of Styrene Butadiene Rubber in Automotive Industry
Styrene Butadiene Rubber (SBR), a versatile synthetic rubber renowned for its exceptional abrasion resistance and long-term stability against aging, is currently experiencing a remarkable surge in demand. This surge can be predominantly attributed t%li%the ever-growing automotive industry, which heavily relies on SBR for various key applications, particularly in tire manufacturing. This utilization of SBR in the automotive sector serves as a significant growth propellant for the global SBR market. The increasing demand for synthetic and processed rubber across a wide range of end-use industries, including automotive, is predicted t%li%further boost the sales of styrene-butadiene. With over 70% of SBR consumption dedicated t%li%tire production, it is evident that the automotive sector stands as the primary driver of the SBR market.
The escalating demand for styrene butadiene rubber within the automotive industry plays a vital role in fueling the growth of the global SBR market. As the automotive sector continues t%li%expand and evolve, it is expected t%li%consistently drive the demand for SBR, thus contributing t%li%the sustained growth of the market. This positive outlook highlights the promising future of the SBR industry, with exciting opportunities for both manufacturers and consumers alike.
Growing Demand of Styrene Butadiene Rubber in Construction Industry
Styrene Butadiene Rubber (SBR), a versatile synthetic rubber known for its exceptional abrasion resistance and aging stability, has experienced a substantial surge in demand from the construction industry. This increased demand can be attributed t%li%the unique properties of SBR, which make it an ideal choice for various construction applications. One of the primary uses of SBR in the construction sector is as a modifier for cement and asphalt. By incorporating SBR int%li%these materials, it imparts enhanced durability and flexibility, making them better suited for demanding construction projects. This, in turn, contributes t%li%the overall quality and longevity of infrastructure.
As the construction industry continues t%li%expand globally, the demand for materials like SBR is expected t%li%grow proportionately. This is mainly due t%li%the cost-effective and performance-enhancing solutions that SBR offers t%li%construction projects. Contractors and engineers are increasingly recognizing the value of using SBR t%li%improve the strength, resilience, and lifespan of their structures. The growing demand for styrene butadiene rubber in the construction industry serves as a significant driver for the global SBR market. As the construction sector flourishes and evolves, the need for advanced materials like SBR is expected t%li%further escalate, fueling the sustained growth of the market. The versatile applications and benefits of SBR make it an indispensable component in the construction industry's quest for innovative and long-lasting infrastructure solutions.
Key Market Challenges
Volatility in Price of Raw Materials
Styrene-butadiene rubber (SBR) is a versatile synthetic rubber widely utilized across various sectors, including automotive and construction industries. Its outstanding attributes, such as excellent abrasion resistance and aging stability, make it an ideal choice for numerous applications. However, market players face a significant challenge due t%li%the fluctuating costs of raw materials, particularly styrene and butadiene. These raw material costs are heavily influenced by variations in crude oil prices, as crude oil serves as a key ingredient in the production of both styrene and butadiene, which are the primary components of SBR. Therefore, any fluctuation in crude oil prices directly impacts the overall cost of producing SBR, thereby affecting the market dynamics.
The industry als%li%grapples with limited supplies of natural rubber, another essential raw material for SBR. The imbalance between supply and demand can lead t%li%further price instability, adding another layer of complexity t%li%the market. while SBR offers exceptional properties and finds widespread use in various sectors, the challenges posed by fluctuating raw material costs and limited supplies of natural rubber necessitate a careful analysis of market dynamics and careful planning by industry stakeholders.
Key Market Trends
Increasing Focus on Green and Sustainable Solutions
Styrene-butadiene rubber (SBR), a synthetic rubber known for its exceptional abrasion resistance and aging stability, finds extensive applications across various sectors, including automotive and construction. However, the conventional production process of SBR has long been associated with environmental concerns due t%li%its reliance on non-renewable resources like crude oil. Acknowledging these environmental implications, the SBR market is now placing a strong emphasis on sustainable practices. One notable trend in the global emulsion polymerized styrene-butadiene rubber (E-SBR) market is the growing demand for sustainable and eco-friendly materials. This shift is driven by the proactive adoption of bio-based alternatives t%li%traditional SBR, aiming t%li%minimize the industry's environmental footprint.
Researchers are actively exploring innovative methods t%li%derive styrene and butadiene from renewable sources such as biomass. This ongoing research holds promising potential for the future of the SBR market. By leveraging sustainable and environmentally-friendly practices, companies can contribute t%li%a greener future while meeting the increasing demand for eco-conscious materials in various industries.
Segmental Insights
Type Insights
Based on type, the emulsion SBR emerged as the fastest growing segment in the global market for styrene butadiene rubber in 2023. Emulsion styrene butadiene rubber (ESBR), a type of SBR produced through emulsion polymerization, is a versatile polymer with remarkable properties. This unique rubber exhibits enhanced abrasion resistance, flexibility, and heat build-up characteristics, making it highly desirable in various applications. ESBR's significant contribution t%li%the tire manufacturing industry stems from its ability t%li%improve tire performance and fuel efficiency.
As the automotive industry continues t%li%emphasize the development of high-performance and fuel-efficient tires, ESBR's demand in the market is experiencing a notable upswing. Its growing prominence is a direct result of the advantages it brings t%li%tire technology, solidifying its position as a key player in the styrene butadiene rubber market.
Application Insights
Based on application, the footwear segment is projected t%li%experience rapid growth during the forecast period. In the styrene butadiene rubber market, the footwear segment refers t%li%the application of SBR in the manufacturing of shoes and related products. SBR, known for its flexibility, abrasion resistance, and cost-effectiveness, has become widely used in the footwear industry. The demand for sustainable footwear production has been on the rise, leading t%li%the development of eco-friendly SBR formulations that meet the growing emphasis on environmental responsibility.
Continuous innovations in SBR technologies have contributed t%li%the production of high-performance and durable footwear. These advancements address the evolving consumer demands for not only comfort but als%li%long-lasting and environmentally conscious products. With the integration of these innovations, the footwear industry is able t%li%offer shoes that strike the perfect balance between performance, durability, and sustainability.
Regional Insights
Based on region, North America emerged as the dominant region in the Global Styrene Butadiene Rubber Market in 2023, holding the largest market share in terms of value. North America holds a major growth in the styrene butadiene rubber (SBR) market due t%li%robust demand across key industries. The region's well-established automotive sector, continuous infrastructure development, and the demand for consumer goods contribute t%li%high SBR consumption. In the automotive industry, SBR is preferred due t%li%its excellent properties such as high abrasion resistance, good grip, and low rolling resistance, which enhance the performance and safety of tires. Moreover, stringent quality and safety standards in industries such as automotive drive the preference for SBR.
Ongoing research and development activities in North America focus on enhancing the performance characteristics of SBR, such as improving its durability, elasticity, and resistance t%li%temperature extremes. The region has been at the forefront of adopting sustainable practices in the rubber industry, with efforts t%li%reduce carbon footprint and promote the use of eco-friendly materials in SBR manufacturing. These sustainable practices not only contribute t%li%environmental conservation but als%li%enhance the competitiveness of North American SBR manufacturers in the global market. With its strong foundation in key industries, commitment t%li%quality and safety, and focus on sustainability, North America solidifies its prominent position in the global SBR market. The region continues t%li%innovate and adapt t%li%meet the evolving needs of industries, ensuring its sustained growth and competitiveness in the styrene butadiene rubber market.
Key Market Players
- Dynasol Elastomeros SA
- Sibur Holding PJSC
- LG Chem Ltd.
- JSR Corporation
- Eastman Chemical Co.
- LANXESS AG
- LCY Chemical Corp.
- Asahi Kasei Corporation
- Trinse%li%PLC
- Zeon Corporation
In this report, the Global Styrene Butadiene Rubber Market has been segmented int%li%the following categories, in addition t%li%the industry trends which have als%li%been detailed below:
- Styrene Butadiene Rubber Market, By Type:
- Emulsion SBR
- Solution SBR
- Styrene Butadiene Rubber Market, By Application:
- Tyres
- Adhesives
- Footwear
- Others
- Styrene Butadiene Rubber Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Company Profiles: Detailed analysis of the major companies present in the Global Styrene Butadiene Rubber Market.
Available Customizations:
Global Styrene Butadiene Rubber Market report with the given market data, Tech Sci Research offers customizations according t%li%a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up t%li%five).
1. PRODUCT OVERVIEW
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. IMPACT OF COVID-19 ON GLOBAL STYRENE BUTADIENE RUBBER MARKET
5. GLOBAL STYRENE BUTADIENE RUBBER MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Emulsion SBR, Solution SBR)
5.2.2. By Application (Tyres, Adhesives, Footwear, Others)
5.2.3. By Region
5.2.4. By Company (2023)
5.3. Market Map
6. ASIA PACIFIC STYRENE BUTADIENE RUBBER MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
6.2.3. By Country
6.3. Asia Pacific: Country Analysis
6.3.1. China Styrene Butadiene Rubber Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Application
6.3.2. India Styrene Butadiene Rubber Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Application
6.3.3. Australia Styrene Butadiene Rubber Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Application
6.3.4. Japan Styrene Butadiene Rubber Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Type
6.3.4.2.2. By Application
6.3.5. South Korea Styrene Butadiene Rubber Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Type
6.3.5.2.2. By Application
7. EUROPE STYRENE BUTADIENE RUBBER MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. France Styrene Butadiene Rubber Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Application
7.3.2. Germany Styrene Butadiene Rubber Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Application
7.3.3. Spain Styrene Butadiene Rubber Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Application
7.3.4. Italy Styrene Butadiene Rubber Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Application
7.3.5. United Kingdom Styrene Butadiene Rubber Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Application
8. NORTH AMERICA STYRENE BUTADIENE RUBBER MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By Country
8.3. North America: Country Analysis
8.3.1. United States Styrene Butadiene Rubber Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Application
8.3.2. Mexico Styrene Butadiene Rubber Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Application
8.3.3. Canada Styrene Butadiene Rubber Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Application
9. SOUTH AMERICA STYRENE BUTADIENE RUBBER MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
9.2.3. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Styrene Butadiene Rubber Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Application
9.3.2. Argentina Styrene Butadiene Rubber Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Application
9.3.3. Colombia Styrene Butadiene Rubber Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Application
10. MIDDLE EAST AND AFRICA STYRENE BUTADIENE RUBBER MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Styrene Butadiene Rubber Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Application
10.3.2. Saudi Arabia Styrene Butadiene Rubber Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Application
10.3.3. UAE Styrene Butadiene Rubber Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Application
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. GLOBAL STYRENE BUTADIENE RUBBER MARKET: SWOT ANALYSIS
14. PORTER’S FIVE FORCES ANALYSIS
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Product
15. PESTLE ANALYSIS
16. COMPETITIVE LANDSCAPE
16.1. Dynasol Elastomeros SA
16.1.1. Business Overview
16.1.2. Company Snapshot
16.1.3. Products & Services
16.1.4. Financials (As Reported)
16.1.5. Recent Developments
16.2. Sibur Holding PJSC
16.3. LG Chem Ltd.
16.4. JSR Corporation
16.5. Eastman Chemical Co.
16.6. LANXESS AG
16.7. LCY Chemical Corp.
16.8. Asahi Kasei Corporation
16.9. Trinseo PLC
16.10. Zeon Corporation
17. STRATEGIC RECOMMENDATIONS
18. ABOUT US & DISCLAIMER
Figures and Tables
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. IMPACT OF COVID-19 ON GLOBAL STYRENE BUTADIENE RUBBER MARKET
5. GLOBAL STYRENE BUTADIENE RUBBER MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Emulsion SBR, Solution SBR)
5.2.2. By Application (Tyres, Adhesives, Footwear, Others)
5.2.3. By Region
5.2.4. By Company (2023)
5.3. Market Map
6. ASIA PACIFIC STYRENE BUTADIENE RUBBER MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
6.2.3. By Country
6.3. Asia Pacific: Country Analysis
6.3.1. China Styrene Butadiene Rubber Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Application
6.3.2. India Styrene Butadiene Rubber Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Application
6.3.3. Australia Styrene Butadiene Rubber Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Application
6.3.4. Japan Styrene Butadiene Rubber Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Type
6.3.4.2.2. By Application
6.3.5. South Korea Styrene Butadiene Rubber Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Type
6.3.5.2.2. By Application
7. EUROPE STYRENE BUTADIENE RUBBER MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. France Styrene Butadiene Rubber Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Application
7.3.2. Germany Styrene Butadiene Rubber Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Application
7.3.3. Spain Styrene Butadiene Rubber Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Application
7.3.4. Italy Styrene Butadiene Rubber Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Application
7.3.5. United Kingdom Styrene Butadiene Rubber Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Application
8. NORTH AMERICA STYRENE BUTADIENE RUBBER MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By Country
8.3. North America: Country Analysis
8.3.1. United States Styrene Butadiene Rubber Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Application
8.3.2. Mexico Styrene Butadiene Rubber Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Application
8.3.3. Canada Styrene Butadiene Rubber Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Application
9. SOUTH AMERICA STYRENE BUTADIENE RUBBER MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
9.2.3. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Styrene Butadiene Rubber Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Application
9.3.2. Argentina Styrene Butadiene Rubber Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Application
9.3.3. Colombia Styrene Butadiene Rubber Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Application
10. MIDDLE EAST AND AFRICA STYRENE BUTADIENE RUBBER MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Styrene Butadiene Rubber Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Application
10.3.2. Saudi Arabia Styrene Butadiene Rubber Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Application
10.3.3. UAE Styrene Butadiene Rubber Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Application
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. GLOBAL STYRENE BUTADIENE RUBBER MARKET: SWOT ANALYSIS
14. PORTER’S FIVE FORCES ANALYSIS
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Product
15. PESTLE ANALYSIS
16. COMPETITIVE LANDSCAPE
16.1. Dynasol Elastomeros SA
16.1.1. Business Overview
16.1.2. Company Snapshot
16.1.3. Products & Services
16.1.4. Financials (As Reported)
16.1.5. Recent Developments
16.2. Sibur Holding PJSC
16.3. LG Chem Ltd.
16.4. JSR Corporation
16.5. Eastman Chemical Co.
16.6. LANXESS AG
16.7. LCY Chemical Corp.
16.8. Asahi Kasei Corporation
16.9. Trinseo PLC
16.10. Zeon Corporation
17. STRATEGIC RECOMMENDATIONS
18. ABOUT US & DISCLAIMER
Figures and Tables
