Global Styrene-butadiene Rubber (SBR) Market Share 2019 Growth Challenges, Opportunities and Future Trends 2025

Global Styrene-butadiene Rubber (SBR) market is expected to show a lucrative growth rate during the forecast period. SBR hold the largest application in the synthetic rubber market as it has wide application in various industry verticals, especially in tire manufacturing in the automotive segment. However, the unstable crude price at the international market is one of the major restraints to the market. The downfall of the automotive market in 2019 is slowing the demand for tires from OEMs (Original Equipment Manufacturers). The global SBR market is studied on the basis of end-user. By end-user, the market is further divided into tires & other automobile components, industrial application, footwear, household, and others. Tires and other automobile components will hold the major market share during the forecast period.

To Request a Sample of our Report on Global Styrene-butadiene Rubber (SBR) Market: https://www.omrglobal.com/request-sample/styrene-butadiene-rubber-market

Geographically, the market is segmented into North America, Europe, Asia-Pacific and the Rest of the World. During the forecast period, Asia-Pacific is expected to hold the major market share with a significant growth rate. The major factor for the significant market in the region includes the high demand for SBR due to the automotive market in countries such as China, Japan, India, and South Korea. Moreover, the region is a hub for consumer electronics manufacturing which is also expected to create a significant demand for the market. Europe is expected to hold the second-largest market share owing to the significant production of the vehicle in Germany, UK, Spain France, and Italy. In North America, the US will hold a major market share whereas in the Rest of World countries such as Brazil, South Africa, UAE are expected to hold a significant market share during the forecast period.

(Get 15% Discount on Buying this Report)

A full Report of Global Styrene-butadiene Rubber (SBR) Market is Available @ https://www.omrglobal.com/industry-reports/styrene-butadiene-rubber-market

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

· Asahi Kasei Corp.

· Bridgestone Corp.

· Exxon Mobil Corp.

· JSR Corp.

· Kuraray Co., Ltd.

· LG Chem, Ltd.

· Reliance Industries Ltd.

· SABIC

· Sumitomo Chemical Co., Ltd.

· The Dow Chemical Co.

· The Goodyear Tire & Rubber Co.

· The Michelin Group

· TSRC Corp.

· Ube Industries, Ltd.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.