Styrene butadiene rubber Market To Make Great Impact In Near Future by 2027

Market Definition and Introduction

Styrene butadiene rubber denotes a family of synthetic rubber which is derived from styrene & butadiene. Styrene butadiene rubber displays high resistance to abrasion along with a commercially viable aging stability when secured using adhesives. Styrene butadiene rubber has an extensive application in the automotive industry, in the form of automobile tires. The ratio of the composition of styrene to butadiene dictates polymer properties. As the styrene content increases, the elasticity of the styrene butadiene rubber reduces. The styrene butadiene rubber product becomes harder

There are two process technology types used for the manufacture of styrene butadiene rubber in the rubber industry - emulsion polymerization process, which yields e- styrene butadiene rubber, and the solution polymerization process, which yields s- styrene butadiene rubber. These two different styrene butadiene rubber types possess different characteristics & properties, which increases the range of applications of styrene butadiene rubber.

Considering these important aspects of applications of styrene butadiene rubber, the study of the styrene butadiene rubber market becomes an important read.

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Market Segmentation

On the basis of product type, the styrene butadiene rubber market is segmented as follows:

Emulsion styrene butadiene rubber
Solution styrene butadiene rubber
On the basis of end use, the styrene butadiene rubber market is segmented as follows:

Tires
Construction
Adhesives
Modification of polymers
Footwear
Others
Key Trends, Drivers

In recent times, there have been drastic changes in specification requirements of automobile tires. This is so on account of the rising importance of fuel economy, environmental aspects and the rising safety level requirements of travel & transportation industry. Specific styrene butadiene rubber types have been proving to be superior in terms of road grip even in wet road conditions and displays low rolling resistance necessary for fuel economy – for instance, the s- styrene butadiene rubber. Hence, s- styrene butadiene rubber type has been proving to be an attractive alternative to e- styrene butadiene rubber in the manufacture of tires. Since the last two decades, there has been a shift of demand from e- styrene butadiene rubber in the tire industry to the s- styrene butadiene rubber on account of the increasing number of applications of the latter. Also, the decline in the demand for e-styrene butadiene rubber from the tire industry has been on account of the demand shift in favor of radial tires, for which production of other rubber types is needed. There has also been an increasing ecological requirements with regard to the cleanliness of e- styrene butadiene rubber products. This is coupled with the fact that in recent times, cheaper quality of rubber produced in Asian countries has been fiercely competing with e- styrene butadiene rubber in terms of pricing.

The rapid growth of the global automotive industry in terms of all its three major segments – passenger cars, heavy commercial vehicles (HCVs) and light commercial vehicles (LCVs), has been contributing largely to the growth of the styrene butadiene rubber market. Moreover, major manufacturers of styrene butadiene rubber have been expanding their production capacities in various regions to cater to the local market demand. However, emulsion styrene butadiene rubber has been finding increasing demand as an adhesive, as it is a low cost resin which could applied to bind pigmented coatings in the paper industry. Styrene butadiene rubber has also been witnessing rising demand from the building & construction industry, as a sealing agent and a binding agent. Although costlier than polyvinyl acetate, it displays a superior performance, thereby being a preferred choice where quality is a key criteria. It displays superior durability, lesser shrinkage and higher flexibility, along with a higher resistance to emulsifications in humid climate. These factors are expected to drive the growth of the styrene butadiene rubber market in the next few years.

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Market Participants

Examples of the market participants in the styrene butadiene rubber market are as follows:

BASF SE
Reliance Industries Limited
JSR Corporation
Trinseo
The Euclid Chemical Company
BRP Manufacturing Company
The Goodyear Tire & Rubber Company
Indian Synthetic Rubber Private Limited
American Synthetic Rubber Company
Dynasol Elastomers
Lanxess AG

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This release was published on openPR.