Global Solution Styrene Butadiene Rubbers(SSBR) market cagr 8.5%

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Solution Styrene Butadiene Rubbers(SSBR) Market

Scope: Industry Analysis, Market Size, Growth,

Trends Till 2031

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Solution Styrene Butadiene Rubbers(SSBR) Market

Solution Styrene Butadiene Rubbers(SSBR) Market Size and Growth

The Solution Styrene Butadiene Rubbers (SSBR) market research reports indicate a growing demand for SSBR due to its superior performance in tire manufacturing. The market size is projected to reach $4.5 billion by 2025, driven by increasing demand for high-performance tires in automotive and transportation industries.

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Companies Covered (Covid 19 Impact Covered)

◍ Bridgestone

◍ Michelin

◍ Lanxess

◍ Sinopec

◍ Goodyear Tire and Rubber Company

◍ Dynasol Elastomers

◍ Shell

◍ Port Jerome(Bayer)

◍ Petrofina

◍ Repsol

◍ SIBUR Holding JSC

◍ Asahi Kasei

◍ LG Chem

◍ DowDuPont

◍ Taiwan Synthetic Rubber

◍ JSR

◍ Sumitomo Chemical

The Solution Styrene Butadiene Rubbers (SSBR) market is highly competitive with key players such as Bridgestone, Michelin, Lanxess, Sinopec, Goodyear Tire and Rubber Company, Dynasol Elastomers, Shell, and others. These companies utilize SSBR to enhance tire performance and fuel efficiency, driving the market growth.

- Michelin: $24.12 billion

- Bridgestone: $32.38 billion

- Sinopec: $376 billion

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◍ Tianjin Lugang Petroleum and Rubber

◍ China National Petroleum

Market Segmentation

By Application

◍ Tires

◍ Footwear

◍ Polymer Modification

◍ Adhesives & Sealants

◍ Others

By Product

◍ Oil-filled Solution Styrene

Butadiene Rubbers

◍ Non-oil Filled Solution Styrene

Butadiene Rubbers

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Market Growth

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$ X Billion USD

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