Global Styrene Butadiene Rubber (SBR) Market Growth 2019-2024

Styrene–Butadiene Rubber also referred to as SBR, is a random copolymer of styrene and butadiene. There are two major types of SBR, Emulsion-SBR (E-SBR) and Solution-SBR (S-SBR), based on the different manufacturing process.
The technical barriers of SBR are relatively low, resulting in low level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Japan and USA. The key companies in SBR market include Kumho Petrochemical, Lanxess, Goodyear, JSR, TSRC, Trinseo, Synthos, Lion Elastomers (Ashland), LG, Bridgestone, Michelin, Sibur, CNPC and Sinopec.
SBR is widely used in tires, shoes, adhesive, conveyor belt, and others. In 2014, SBR for industrial consumption and medical consumption occupy more than 80% of total amount. Tire was the single largest application segment for SBR market accounting for more than 60% of global consumption in 2014. The growing automobile industry in China, India and Japan is expected to boost the demand for tires which in turn is expected to drive the SBR market over the forecast period. Therefore, increasing demand for SBR in tire manufacturing is expected to support the growth of this market over forecast period. SBR industry will usher in a stable growth space.

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According to this study, over the next five years the Styrene Butadiene Rubber (SBR) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Styrene Butadiene Rubber (SBR) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Styrene Butadiene Rubber (SBR) market by product type, application, key manufacturers and key regions and countries.

This study considers the Styrene Butadiene Rubber (SBR) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Emulsion-SBR (E-SBR)
Solution-SBR (S-SBR)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Adhesives
Automotive
Miscellaneous

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kumho Petrochemical
Lanxess
Goodyear
JSR
TSRC
Trinseo
Synthos
Lion Elastomers(Ashland)
LG
Bridgestone
Michelin
Sibur
Eni
Asahi Kasei
East West Copolymer(Lion Copolymer)
ZEON
HIP-Petrohemija
CNPC
Sinopec
Zhechen
Tianjin Lugang
Fujian Petrochemical Industrial Group

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global Styrene Butadiene Rubber (SBR) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Styrene Butadiene Rubber (SBR) market by identifying its various subsegments.
Focuses on the key global Styrene Butadiene Rubber (SBR) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Styrene Butadiene Rubber (SBR) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Styrene Butadiene Rubber (SBR) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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