Global SBR and SSBR market cagr 3.00%

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SBR and SSBR Market

SBR and SSBR Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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SBR and SSBR Market Size and Growth

The SBR (Styrene-Butadiene Rubber) and SSBR (Solution Styrene-Butadiene Rubber) markets are experiencing growth due to rising demand in automotive, tires, and industrial applications. The global SBR market size is projected to reach approximately $5 billion by 2025, while SSBR is estimated to surpass $2 billion, driven by technological advancements and sustainability trends.

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Companies Covered

(Covid 19 Impact Covered)

◍ Asahi Kasei

◍ Firestone

◍ JSR

◍ LANXESS

◍ Michelin

◍ Goodyear

◍ Trinseo

◍ Kumho Petrochemical

◍ Dynasol

◍ Zeon

◍ LG Chem

◍ Eni

◍ Sibur

◍ Sumitomo

◍ TSRC

◍ Chi Mei

◍ NKNH

◍ Karbochem

The SBR and SSBR market features key players like Asahi Kasei, Firestone, and Goodyear, focusing on innovative tire compounds and performance enhancements. Companies drive growth through R&D and sustainable practices. Notable sales revenues include:

- Bridgestone: $26 billion

- Michelin: $24 billion

- Goodyear: $14 billion.

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Market Segmentation

By Application

Adhesives

Automotive

Tires

Footwear

Others

By Product

◍ Solution Polymerized StyreneButadiene Rubber (SSBR)

Styrene–Butadiene Rubber (SBR)

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$ 3873.00 Million

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