Learn about the global styrene butadiene rubber (SBR) market through The Business Research Company, which provides information on SBR market size, SBR market drivers and restraints, SBR market players, the COVID-19 impact on the SBR market, and more.       

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The global styrene butadiene rubber (SBR) market is expected to grow from $10.24 billion in 2020 to $12.9 billion in 2021 at a compound annual growth rate (CAGR) of 26%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $16.58 billion in 2025 at a CAGR of 6%.

Increased use of styrene butadiene rubber in tire manufacturing are expected to drive innovation in styrene butadiene rubber (SBR) manufacturing, thus driving the market during the forecast period.

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The styrene butadiene rubber market consists of sales of styrene butadiene rubber and related services. Styrene butadiene rubber is synthetic rubber derived from the co-polymers styrene and butadiene. These materials have good abrasion resistance and good aging stability when protected by additives.

Global Styrene Butadiene Rubber (SBR) Market Segments Include:

By Product Type: Emulsion Type, Solution Type

By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Others 

By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Channel Sales

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Major companies in the styrene butadiene rubber industry are increasingly investing in artificial intelligence (AI) to enhance decisions making abilities and thus drive profits. The companies in this industry gather huge amounts of raw data relating to the working of plant and other infrastructure through a large number of sensors placed across the production site. Using big data analytics the companies can detect sensible patterns which can allow them to quickly react to unwanted changes or potential defects, thus saving costs. AI allows the companies to take better operational decisions.

TBRC’s styrene butadiene rubber (SBR) market report covers: 

Major Market Players: Asahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, SIBUR, LG Chemicals, Kumho Petrochemical, LCY Chemicals, Versalis, Trinseo, Synthos, Zeon, Shenhua Chemical, Dynasol Elastomer, China national Petroleum Corporation (CNPC), Bridgestone Corporation, Reliance Industries Limited, Lion Elastomers, TSRC Corporation, Sumitomo Chemicals, Tianjin Lugang Petroleum Rubber Co.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Styrene Butadiene Rubber (SBR) Global Market Report 2021: COVID-19 Impact And Recovery to 2030 is one of a series of new reports from The Business Research Company that provides styrene butadiene rubber (SBR) market overviews, analyses and forecasts market size, share, SBR market players, SBR market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s styrene butadiene rubber (SBR) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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