2022 Styrene Butadiene Rubber Market CAGR Analysis, Latest And Future Trends, Growth Factors, Leading Manufacturers And Forecast To 2031

The global styrene-butadiene rubber market report by the business research company Increased use of Styrene-butadiene rubber in tire manufacturing to be a major growth driver for the styrene-butadiene rubber 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. Along with that, they have unique characteristics such as abrasion resistance, perfect impact strength, good resilience, high tensile strength, which are permitting them to suitable for high-end tire manufacturing. Growing sales of automobiles in recent years have led to increased use of SBR by the automobile industry. According to TrueCar Inc., an automotive pricing and information website for new and used car buyers, indicated that in September 2020 sales of new vehicles reached 1,221,092 units. This has led to an increased demand for SBR from the end-use industry, thus driving the market.

The global styrene butadiene rubber (sbr) market size is expected to grow from $33.52 billion in 2021 to $35.59 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The global styrene butadiene rubber (sbr) market size is expected to grow to $44.31 billion in 2026 at a CAGR of 5.6%.

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Asia Pacific was the largest region in the styrene-butadiene rubber market in 2021. Western Europe was the second-largest region in the global styrene butadiene rubber (sbr) market. The regions covered in the global styrene butadiene rubber (sbr) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the styrene-butadiene rubber market are Asahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, and SIBUR.

The global styrene butadiene rubber SBR market is segmented -
1) By Product Type: Emulsion Type, Solution Type
2) By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Other Applications
3) By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Distribution Channels

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The Styrene-butadiene rubber market Report Contents Include
1. Executive Summary
2. Styrene Butadiene Rubber Market Characteristics
3. Styrene Butadiene Rubber Market Trends And Strategies
4. Impact Of COVID-19 On Styrene Butadiene Rubber
5. Styrene Butadiene Rubber Market Size And Growth
......
26. Africa Styrene Butadiene Rubber Market
27. Styrene Butadiene Rubber Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Styrene Butadiene Rubber Market
29. Styrene Butadiene Rubber Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the styrene-butadiene rubber market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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