Styrene Butadiene Rubber Market Statistics, Trends, and Key Players by 2031

MARKET INTRODUCTION

The styrene-butadiene rubber (SBR or Styrene-butadiene) is a synthetic rubber made up of the monomers styrene and butadiene. Styrene butadiene rubber has multiple advantages including abrasion resistance, high impact strength, good resilience, and high tensile strength. Major applications of styrene butadiene rubber include tires and tire products, automotive parts, mechanical rubber goods, adhesives, footwear, among others

MARKET DYNAMICS

Rising demand for styrene butadiene rubber from tire manufacturing companies is one of the significant factors driving the market growth. Moreover, rising applications of styrene butadiene rubber for making soles and heels of footwear is also propelling the market growth. Furthermore, increasing utilization of SBR for manufacturing automotive components and rubber products owing to its high impact and tensile strength is also anticipated to further boost the market growth over the forecast period.

MARKET SCOPE

The "Global Styrene Butadiene Rubber Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the styrene butadiene rubber market with detailed market segmentation based on type and application. The global styrene butadiene rubber market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading styrene butadiene rubber market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global styrene butadiene rubber market is segmented into type and application. By type the styrene butadiene rubber market is segmented into emulsion SBR (e-SBR) and solution SBR (s-SBR). By application, the styrene butadiene rubber market is classified into tires, footwear, automotive components, polymer modification and adhesives, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global styrene butadiene rubber market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The styrene butadiene rubber market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the styrene butadiene rubber market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the styrene butadiene rubber in these regions.

MARKET PLAYERS

The report covers vital developments in the styrene butadiene rubber as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the luxury lipsticks are anticipated to witness lucrative growth opportunities in the future with the rising demand for luxury lipsticks in the global market. Below mentioned is the list of few companies engaged in the styrene butadiene rubber market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the styrene butadiene rubber market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   AkzoNobel
  
•   Chemtura
  
•   Asahi Kasei
  
•   Bridgestone
  
•   LANXESS
  
•   MICHELIN
  
•   China Petroleum and Chemical
  
•   JSR Corporation
  
•   Reliance Industries Limited
  
•   Zeon Corporation
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Styrene Butadiene Rubber Report Scope