Press release
Global Styrene Butadiene Rubber Market Become Dominant At CAGR Of 5.06% By 2021
Styrene butadiene rubber (SBR) is a type of synthetic rubber produced by the copolymerization of styrene and butadiene polymers. SBR exhibits excellent abrasion resistance and good aging stability when protected by additives. Therefore, it is used extensively in the production of tires in the automotive industry. In addition, it is used in non-tire applications such as conveyor belts, gaskets, shoe heels and soles, and other consumer goods. SBR is of two types: emulsion SBR (E-SBR) and solution SBR (S-SBR).
Technavios analysts forecast the global styrene butadiene rubber market to grow at a CAGR of 5.06% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global styrene butadiene rubber market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Styrene Butadiene Rubber Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Asahi Kasei
Bridgestone
Exxon Mobil
LANXESS
MICHELIN
Other prominent vendors
China National Petroleum
China Petroleum & Chemical
Grupo Dynasol
JSR
The Goodyear Tire & Rubber
Market driver
Increasing demand from the automotive industry
For a full, detailed list, view our report
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Market challenge
Fluctuating cost of raw materials
For a full, detailed list, view our report
Market trend
Rising demand for bio-based feedstock
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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