Polymerized StyreneButadiene Rubber (SSBR) Market
Polymerized Styrene-Butadiene Rubber (SSBR)
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Growth
The polymerized Styrene-Butadiene Rubber (SSBR) market research reports indicate a steady growth in demand due to its use in tire manufacturing. The market size for SSBR is projected to reach $3.5 billion by 2025, driven by the automotive industry's increasing focus on fuel efficiency and sustainability.
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Companies Covered (Covid 19 Impact Covered)
◍ Asahi Kasei
◍ Firestone
◍ JSR
◍ LANXESS
◍ Michelin
◍ Goodyear
◍ Trinseo
◍ Kumho Petr
◍ Dynasol
◍ Zeon
◍ LG Chem
◍ Eni
◍ Sibur
◍ Sumitomo
◍ TSRC
◍ Chi Mei
◍ NKNH
◍ Karbochem
The Polymerized Styrene-Butadiene Rubber (SSBR) market is highly competitive with key players such as Asahi Kasei, LANXESS, Michelin, Goodyear, and Sibur dominating the market. These companies use SSBR in the production of high-performance tires, footwear, and industrial goods, contributing to the growth of the SSBR market.
- Asahi Kasei: $19.9 billion in sales revenue
- Michelin: $24.1 billion in sales revenue
- Goodyear: $12.4 billion in sales revenue.
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