Styrenebutadiene Rubber (SBR)
Market
Styrene-butadiene Rubber (SBR) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Styrene-butadiene Rubber (SBR) Market Size and Growth
The Styrene-butadiene Rubber (SBR) market is witnessing steady growth, driven by demand in automotive and industrial applications. In 2023, the market size is projected to reach approximately $6 billion, reflecting a CAGR of 4% through 2030. Factors influencing growth include technological advancements and increasing tire production globally.
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Companies Covered
(Covid 19 Impact Covered)
◍ China National Petroleum Corporation
◍ Kumho Petrochemical Co., Ltd
◍ Asahi Kasei Corporation
◍ Sumitomo Chemical Company
◍ ZEON Corporation
◍ Trinseo S.A.
◍ LANXESS Aktiengesellschaft
◍ Bridgestone Corporation
◍ JSR Corporation
◍ The Goodyear Tire & Rubber Company
The Styrene-butadiene Rubber (SBR) market features key players like China National Petroleum Corporation, Kumho Petrochemical, and Bridgestone, utilizing SBR in tires and various industrial applications. Their innovations and production strategies boost market growth, supported by robust sales revenues:
- Bridgestone: $26 billion
- Kumho Petrochemical: $1.6 billion
- Asahi Kasei: $22 billion
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Market Segmentation
By Application
Automotive Tire
Footwear
Polymer Modification
Adhesives
Others
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By Product
Emulsion Type
Solution Type
Market Growth
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$ X Billion USD
