The global market for Styrene Butadiene Rubber (SBR) was estimated at US$12.1 Billion in 2023 and is projected to reach US$17.6 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Styrene Butadiene Rubber (SBR) Market - Key Trends and Drivers Summarized
How Is Styrene Butadiene Rubber (SBR) Used Across Industries?
Styrene Butadiene Rubber (SBR) is a synthetic rubber widely used in various applications due to its durability, flexibility, and resistance to abrasion. It is one of the most common elastomers used in manufacturing tires, conveyor belts, footwear, and other rubber products. SBR offers excellent bonding properties and can withstand harsh conditions, making it suitable for industrial, automotive, and construction applications. As demand for robust, cost-effective, and versatile materials grows across industries, SBR remains a key material in rubber manufacturing and processing, supporting efficient production of durable and high-performance goods.What Are the Key Segments in the Styrene Butadiene Rubber (SBR) Market?
Key product types include emulsion SBR (E-SBR) and solution SBR (S-SBR), with E-SBR holding a larger market share due to its extensive use in standard tire manufacturing and industrial goods. Applications cover tires, footwear, conveyor belts, adhesives, and gaskets, with the tire segment representing a significant share driven by the growing automotive industry and demand for durable, high-performance tires. End-use industries include automotive, industrial manufacturing, construction, and consumer goods, with the automotive sector leading the market as it uses SBR for tire treads, sealing, and vibration-dampening components.How Is SBR Integrated Across Manufacturing and Processing?
In tire manufacturing, SBR is used in treads and sidewalls to improve wear resistance, traction, and flexibility, supporting both passenger and commercial vehicles. In industrial applications, SBR is used in conveyor belts and gaskets, providing durability and resistance to abrasion, making it suitable for mining, logistics, and heavy machinery. In the construction sector, SBR is used in adhesives, sealants, and waterproofing compounds, enhancing bonding strength and moisture resistance. Additionally, the footwear industry uses SBR to produce shoe soles and other components, offering comfort, durability, and cost-effectiveness in shoe manufacturing.What Factors Are Driving the Growth in the Styrene Butadiene Rubber (SBR) Market?
The growth in the Styrene Butadiene Rubber (SBR) market is driven by several factors, including increasing demand for durable and cost-effective materials in automotive, construction, and industrial manufacturing. Advancements in SBR formulations, such as improved abrasion resistance, enhanced elasticity, and better bonding properties, have supported broader adoption across applications like tires, conveyor belts, and adhesives. The focus on sustainable and fuel-efficient tires has further fueled demand, as S-SBR enables better rolling resistance and lower energy consumption. Additionally, rising automotive production, expanding infrastructure projects, and increased industrial activity have contributed to market growth, encouraging the use of SBR in diverse manufacturing processes.Scope of the Study
The report analyzes the Styrene Butadiene Rubber (SBR) market, presented in terms of market value (US$ Million). The analysis covers the key segments and geographic regions outlined below.Segments
Product Segment (Emulsion SBR, Solution SBR); Application (Tire, Footwear, Polymer Modification, Adhesive, Other Applications)Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Emulsion SBR segment, which is expected to reach US$9.7 Billion by 2030 with a CAGR of a 4.6%. The Solution SBR segment is also set to grow at 6.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.3 Billion in 2023, and China, forecasted to grow at an impressive 5.2% CAGR to reach $2.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Styrene Butadiene Rubber (SBR) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Styrene Butadiene Rubber (SBR) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Styrene Butadiene Rubber (SBR) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Styrene Butadiene Rubber (SBR) Market such as Arlanxeo, Asahi Kasei Corporation, China Petroleum & Chemical Corporation, Grupo Dynasol, Kumho Petrochemical and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 43 companies featured in this Global Styrene Butadiene Rubber (SBR) Market report include:
- Arlanxeo
- Asahi Kasei Corporation
- China Petroleum & Chemical Corporation
- Grupo Dynasol
- Kumho Petrochemical
- Lanxess
- LG Chem
- Sumitomo Chemical Asia Pte Ltd
- Synthos SA
- Trinseo
- Versalis S.p.A.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Arlanxeo
- Asahi Kasei Corporation
- China Petroleum & Chemical Corporation
- Grupo Dynasol
- Kumho Petrochemical
- Lanxess
- LG Chem
- Sumitomo Chemical Asia Pte Ltd
- Synthos SA
- Trinseo
- Versalis S.p.A.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 94 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 12.1 Billion |
| Forecasted Market Value ( USD | $ 17.6 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
