Press release
Styrene Butadiene Rubber (SBR) Market 2021 Revenue, Status and Outlook- Trinseo, Synthos, Zeon, Shenhua Chemical, Dynasol Elastomer, China national Petroleum Corporation (CNPC), Bridgestone Corporation
Global Styrene Butadiene Rubber (SBR) Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Styrene Butadiene Rubber (SBR) market size, demand and revenue. The current Styrene Butadiene Rubber (SBR) market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.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%.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Styrene Butadiene Rubber (SBR) Market: 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. and others.
Industry News and Updates:
In January 2019, Saudi Aramco, a Saudi Arabia-based energy and chemical company acquired Arlanxeo from LANXESS AG for $1.67 billion. The acquisition is expected to help Saudi Aramco in improving the fuel efficiency related with tire performance. Arlanxeo is a Netherlands-based synthetic rubber company that specializes in manufacturing synthetic rubbers and elastomer plastics such as polybutadiene/butadiene rubber (BR) that are supplied to tire manufacturers and automotive parts globally.
Scope of this Report:
Markets Covered:
1) By Product Type: Emulsion Type; Solution Type 2) By Application: Automotive Tire; Footwear; Polymer Modification; Adhesives; Others 3) By Distribution Channel: Direct/Institutional Sales; Retail Sales; Other Channel Sales
Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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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%.
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. Increased use of Styrene butadiene rubber in tire manufacturing contributed to the growth of the SBR market. Styrene butadiene rubber is one of the key elements in tire manufacturing. SBR is a combination of styrene and butadiene monomers, together they possess natural rubber like characteristics.
Regional Analysis For Styrene Butadiene Rubber (SBR) Market:
North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
The research includes historic data from 2015 to 2021 and forecasts until 2030 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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