Global Styrene Butadiene Rubber Market Size Was Valued At USD 81.58 Billion By 2035 | CAGR Of 5.6%
Category: Chemicals & MaterialsGlobal Styrene Butadiene Rubber Market Size Was Valued At USD 81.58 Billion By 2035
According To A Research Report Published By Spherical Insights & Consulting, The Global Styrene Butadiene Rubber Market Size Is Expected To Grow From USD 44.82 Billion In 2024 To USD 81.58 Billion By 2035, At A CAGR Of 5.6% During The Forecast Period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On “The Global Styrene Butadiene Rubber Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Emulsion SBR (E-SBR) and Solution SBR (S-SBR)), By Application (Tires, Footwear, Gaskets and Hoses, Adhesives and Sealants, Conveyor Belts, and Electric), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Detailed Report Decription Here: https://www.sphericalinsights.com/reports/styrene-butadiene-rubber-market
The Styrene Butadiene Rubber (SBR) Market Size Encompasses The Production And Use Of SBR, A Synthetic Rubber Known For Its Abrasion Resistance, Strength, And Cost-Effectiveness. Its primary application is in tire manufacturing, with additional uses in footwear, adhesives, sealants, conveyor belts, hoses, and construction materials. Market growth is driven by increasing automotive production, replacement tire demand, infrastructure development, and industrial activity, particularly in emerging economies. Rising urbanization and greater mobility further support demand. Opportunities exist in advanced, solution-polymerized SBR for high-performance, fuel-efficient tires, driven by stringent emission and fuel-efficiency regulations. Overall, the expanding tire and automotive industries continue to fuel the global SBR market. The SBR market faces challenges from fluctuating styrene and butadiene prices, impacting production costs.
The solution SBR (S-SBR) segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based On The Product Type, The Styrene Butadiene Rubber Market Size Is Divided Into Emulsion SBR (E-SBR) And Solution SBR (S-SBR). Among these, the solution SBR (S-SBR) segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. S-SBR offers superior rolling resistance, durability, and wet traction. Tire manufacturers are boosting purchases, while chemical companies expand production, ensuring supply. With the automotive industry prioritizing energy-efficient tires, S-SBR is set to remain dominant.
The tires segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based On The Application, The Styrene Butadiene Rubber Market Size Is Divided Into Tires, Footwear, Gaskets And Hoses, Adhesives And Sealants, Conveyor Belts, And Electric. Among these, the tires segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Rising sales of passenger and light vehicles in emerging markets drive tire production, increasing SBR demand. Fuel-efficiency, safety, and eco-friendly tires using premium SBR grades position the tire sector as the main growth driver.
Asia Pacific is expected to hold the majority share of the global styrene butadiene rubber market during the forecast period.
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Asia Pacific Is Expected To Hold The Majority Share Of The Global Styrene Butadiene Rubber Market Size During The Forecast Period. Asia Pacific is expected to hold the largest share of the styrene butadiene rubber market, driven by rapid industrialization, expanding automotive production, growing infrastructure projects, and increasing demand for tires. Countries like China and India lead, supported by government initiatives and rising vehicle ownership.
North America Is Anticipated To Grow At The Fastest Pace In The Global Styrene Butadiene Rubber Market Size During The Forecast Period. North America’s SBR market is projected to grow, driven by rising demand from automotive and tire industries, increasing replacement tire production, stringent fuel-efficiency and safety regulations, and investments in high-performance synthetic rubber manufacturing.
Major Vendors In The Global Styrene Butadiene Rubber Market Size Are ARLANXEO, Sinopec, LG Chem, Kumho Petrochemical, LANXESS, JSR Corporation, Lotte Chemical, Sibur, Trinseo, Versalis SpA, Asahi Kasei Corp, Synthos SA, ENEOS Corporation, Sumitomo Chemical Asia Pte Ltd, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In October 2020, JSR Corp. announced the start of shipments for solution-polymerized styrene butadiene rubber (S-SBR) from JSR MOL Synthetic Rubber Ltd. Director Hideki Miyazaki shared the news during an online briefing on the company’s second-quarter fiscal 2020 financial results.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the styrene butadiene rubber market based on the below-mentioned segments:
Global Styrene Butadiene Rubber Market, By Product Type
- Emulsion SBR (E-SBR)
- Solution SBR (S-SBR)
Global Styrene Butadiene Rubber Market, By Application
- Tires
- Footwear
- Gaskets and Hoses
- Adhesives and Sealants
- Conveyor Belts
- Electric
Global Styrene Butadiene Rubber Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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