MarketSegmentation
By Product Type:
Batch s-SBR Process Scheme
Continuous s-SBR Process Scheme
By Application:
Tires
Adhesives
Footwear
Bitumen Modification
Market Value
Market Size in 2024: USD 1.06 Billion
Projected Market Size by 2032: USD 1.89 Billion
Compound Annual Growth Rate (CAGR): 7.5%
(2025–2032)
Market Opportunities
Automotive Industry Growth: performance and fuel-efficient
Construction Sector Expansio adhesives and bitumen modifi
Emerging Economies: Rapid in urbanization in countries like
Sustainability Trends: Shift to energy-efficient materials.
Key Players/Stakeholders
Major Companies Leading the Industry:
Habasit
Elastomer
Cardinal Health
BALAJI SUPER SPANDEX
PT. FILLATTICE INDAH INDUSTRY
Belaji Super Spandex
Vijay Elastic
Navsari Elastic Products
Sample Report
Regional Analysis
North America: Leading market with strong demand from automotive and electronics sectors; significant R&D investments.
Europe: Focus on sustainability driving adoption in automotive and aerospace industries.
Asia-Pacific: Expected to witness the highest growth rate; driven by industrialization and government initiatives in countries like China and India.
Latin America: Emerging market with applications in automotive and construction sectors.
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
