Solution Polymerized StyreneButadiene Rubber (SSBR)
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 SSBR market is experiencing growth driven by its demand in automotive and industrial applications. Current market size is estimated around USD 2 billion, with a projected CAGR of 5% over the next five years. Key factors include increasing demand for high-performance tires and advancements in polymer technologies.
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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 SSBR market features key players like Asahi Kasei, JSR, and LANXESS, focusing on innovative products for tire applications. Companies enhance market growth through R&D, strategic partnerships, and sustainability initiatives. Notable sales figures include Goodyear ($16.6 billion) and Michelin ($24 billion), advancing SSBR's industrial adoption and application diversity.
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Market Segmentation
By Application
By Product
◍ Batch s-SBR Process Scheme
◍ Continuous s-SBR Process Scheme ◍ Tires ◍ Adhesives
◍ Footwear
◍ Bitumen Modification
◍ Others
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Market Growth
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$ X Billion USD
