Press release
Styrene Butadiene Rubber (SBR) Global Market Size, Share, Trends, By Product, By Application, By Region And Segment Forecasts, 2023-2032 | Asahi Kasei, Lanxess, Bridgestone, Michelin, Eastman
As per the styrene butadiene rubber (SBR) market report by The Business Research Company, Increased use of Styrene-butadiene rubber in tire manufacturing has contributed to the growth of the SBR market. Styrene-butadiene rubber is one of the key elements in tire manufacturing. Styrene and butadiene monomers are a blend of styrene and butadiene monomers that have natural rubber-like properties.
The global styrene butadiene rubber (SBR) market size will grow from $35.7 billion in 2022 to $37.79 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global styrene butadiene rubber (SBR) market size is expected to grow from $46.55 billion in 2027 at a CAGR of 5.4%.
Read More On The Styrene Butadiene Rubber (SBR) Market Report Here:
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Major competitors in the styrene butadiene rubber (SBR) market include sahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, and SIBUR.
The styrene butadiene rubber (SBR) market is segmented -
• By Product Type: Emulsion Type, Solution Type
• By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Other Applications
• By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the Styrene butadiene rubber (SBR) market.
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The Table Of Content For The Styrene Butadiene Rubber (SBR) Market Include:
1. Executive Summary
2. Styrene Butadiene Rubber Market Characteristics
3. Styrene Butadiene Rubber Market Trends And Strategies
4. Styrene Butadiene Rubber Market - Macro Economic Scenario
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
The "Global Styrene Butadiene Rubber (SBR) Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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