Solution Polymerized StyreneButadiene Rubber (S-SBR)
Market
Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Growth
The Solution Polymerized Styrene-Butadiene Rubber (S-SBR) market is experiencing robust growth, driven by demand in tire manufacturing and automotive sectors. As of 2023, the market size is projected to reach approximately $4 billion, reflecting a compound annual growth rate (CAGR) of over 5% due to the rise in performance materials usage.
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Companies Covered
(Covid 19 Impact Covered)
◍ Asahi Kasei
◍ Lion Elastomers
◍ JSR
◍ ARLANXEO
◍ Synthos
◍ Goodyear
◍ Michelin
◍ Trinseo
◍ Kumho Petr
◍ Dynasol
◍ ZS Elastoemers Co.
◍ LG Chem
◍ Versalis
◍ Sibur
◍ TSRC
◍ Chi Mei
◍ NKNH
◍ Sinopec
The Solution Polymerized Styrene-Butadiene Rubber (SSBR) market features key players like Asahi Kasei, JSR, and Kumho Petrochemical, leveraging advanced technologies for high-performance tires. Companies such as Goodyear and Michelin integrate S-SBR for enhanced durability, contributing to market growth through innovation and expanded production capacities. Sales figures:
- JSR: Approximately $3 billion
- Kumho Petrochemical: $2.5 billion
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Market Segmentation
By Application
◍ Tires
◍ Footwear
◍ Bitumen Modification
◍ Adhesives
◍ Others
By Product
◍ Batch s-SBR Process Scheme
◍ Continuous s-SBR Process Scheme
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Market Growth
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$ X Billion USD
