+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Styrene Butadiene Rubber (SBR) Global Market Report 2023

  • PDF Icon

    Report

  • 175 Pages
  • February 2023
  • Region: Global
  • The Business Research Company
  • ID: 5734023

Quick Summary:

In an ever-evolving global economy, staying updated with profound market insights is more critical than ever. As the global styrene-butadiene rubber (SBR) market continues to expand, understanding the dynamics at play is essential for sound decision-making and strategic planning.

SBR is a synthetic rubber with excellent abrasion resistance and aging stability, making it a preferred material in high-end tire manufacturing and other vital applications. Emulsion and solution types of SBR have their own set of applications, making market comprehension multi-faceted. Moreover, geographical disparities in market performance sharpen the need for a comprehensive report that offers a cohesive picture.

Our market research report on the styrene-butadiene rubber industry offers a detailed analysis of the market trends, opportunities, and provides key insights on the competitive landscape shaped by leaders like Asahi Kasei, Lanxess, Bridgestone, among others. This information is vital for players in the styrene-butadiene rubber market to help them gauge their position in the market and identify potential opportunities for growth.

The global styrene butadiene rubber (SBR) market will grow from $35.7 billion in 2022 to $37.79 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The styrene butadiene rubber (SBR) market is expected to grow from $46.55 billion in 2027 at a CAGR of 5.4%.

The styrene-butadiene rubber market consists of the sales of hot styrene-butadiene rubbers, cold styrene-butadiene rubbers, and solution styrene-butadiene rubbers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Styrene-butadiene rubber is a synthetic rubber derived from the co-polymers styrene and butadiene. These materials have good abrasion resistance and good ageing stability when protected by additives.

Asia Pacific was the largest region in the styrene-butadiene rubber market in 2022. Western Europe was the second-largest region in the styrene-butadiene rubber market. The regions covered in the styrene-butadiene rubber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The main product types of styrene-butadiene rubber are emulsion type and solution type. Emulsions are mixtures composed of two or more liquid types, where one is like droplets, of tiny or even ultramicroscopic size, distributed among each other. The various applications involved are automotive tires, footwear, polymer modification, adhesives, and other applications. The distribution channels are direct/institutional sales, retail sales, and other channel sales.

Increased use of Styrene-butadiene rubber in tire manufacturing has contributed to the growth of the SBR market. Styrene-butadiene rubber is one of the key elements in tire manufacturing. Styrene and butadiene monomers are a blend of styrene and butadiene monomers that have natural rubber-like properties. Along with that, they have unique characteristics such as abrasion resistance, perfect impact strength, good resilience, and high tensile strength, which permit them to be suitable for high-end tire manufacturing. Growing sales of automobiles in recent years have led to increased use of SBR by the automobile industry. According to TrueCar Inc., an automotive pricing and information website for new and used car buyers, indicated that in September 2020, sales of new vehicles reached 1,221,092 units. This has led to an increased demand for SBR from the end-use industry, thus driving the market.

Safety hazards have always been a major challenge in the styrene-butadiene rubber industry. Due to its potential hazards, butadiene is not sold to customers directly, but it is used in the manufacture of polymers and elastomers. Butadiene is highly volatile and low-water soluble. Long-term exposure to butadiene is detrimental to human health. Exposure to high concentrations can result in damage to the central nervous system, blurred vision, nausea, headache, fatigue, decreased blood pressure, and coma. According to the International Agency for Research on Cancer, 1,3-Butadiene has been listed as a possible carcinogen.

In September 2022, Naftna Industrija Srbije (NIS), a Serbian oil and gas company received permission from the executive of the European Union ‘European Commission’ to acquire HIP-Petrohemija LLC Pancevo (HIPP) for an undisclosed amount. As a result, NIS aims to build HIP Petrohemija through modernization of basic production capacities, development of new plants and improving energy and business efficiency. HIP-Petrohemija LLC Pancevo (HIPP) is a Serbian petrochemicals and synthetic rubber manufacturer.

Major companies in the styrene-butadiene rubber industry are increasingly investing in artificial intelligence (AI) to enhance their decision-making abilities and thus drive profits. The companies in this industry gather huge amounts of raw data relating to the working of plants and other infrastructure through a large number of sensors placed across the production site. Using big data analytics, companies can detect sensible patterns, which can allow them to quickly react to unwanted changes or potential defects, thus saving costs. AI allows companies to make better operational decisions. Companies such as Zhongce Rubber Group and Yokohama Rubber have been increasingly investing in AI technology to have a centralized method of data management and support data integration across multiple applications.

The countries covered in the styrene-butadiene rubber market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The styrene-butadiene rubber market research report is one of a series of new reports that provides styrene-butadiene rubber market statistics, including global market size, regional shares, competitors with a styrene-butadiene rubber market share, detailed styrene-butadiene rubber market segments, market trends and opportunities, and any further data you may need to thrive in the styrene-butadiene rubber industry. This styrene-butadiene rubber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major players in the styrene-butadiene rubber market are Asahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, and SIBUR.



This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary

2. Styrene Butadiene Rubber Market Characteristics

3. Styrene Butadiene Rubber Market Trends And Strategies

4. Styrene Butadiene Rubber Market - Macro Economic Scenario
4.1 COVID-19 Impact On Styrene Butadiene Rubber Market
4.2 Ukraine-Russia War Impact On Styrene Butadiene Rubber Market
4.3 Impact Of High Inflation On Styrene Butadiene Rubber Market

5. Styrene Butadiene Rubber Market Size And Growth
5.1. Global Styrene Butadiene Rubber Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Styrene Butadiene Rubber Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Styrene Butadiene Rubber Market Segmentation
6.1. Global Styrene Butadiene Rubber Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Emulsion Type
  • Solution Type
6.2. Global Styrene Butadiene Rubber Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Automotive Tire
  • Footwear
  • Polymer Modification
  • Adhesives
  • Other Applications
6.3. Global Styrene Butadiene Rubber Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Direct/Institutional Sales
  • Retail Sales
  • Other Channel Sales
7. Styrene Butadiene Rubber Market Regional And Country Analysis
7.1. Global Styrene Butadiene Rubber Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Styrene Butadiene Rubber Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Styrene Butadiene Rubber Market
8.1. Asia-Pacific Styrene Butadiene Rubber Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Styrene Butadiene Rubber Market
9.1. China Styrene Butadiene Rubber Market Overview
9.2. China Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Styrene Butadiene Rubber Market
10.1. India Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Styrene Butadiene Rubber Market
11.1. Japan Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Styrene Butadiene Rubber Market
12.1. Australia Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Styrene Butadiene Rubber Market
13.1. Indonesia Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Styrene Butadiene Rubber Market
14.1. South Korea Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Styrene Butadiene Rubber Market
15.1. Western Europe Styrene Butadiene Rubber Market Overview
15.2. Western Europe Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Styrene Butadiene Rubber Market
16.1. UK Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Styrene Butadiene Rubber Market
17.1. Germany Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Styrene Butadiene Rubber Market
18.1. France Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Styrene Butadiene Rubber Market
19.1. Eastern Europe Styrene Butadiene Rubber Market Overview
19.2. Eastern Europe Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Styrene Butadiene Rubber Market
20.1. Russia Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Styrene Butadiene Rubber Market
21.1. North America Styrene Butadiene Rubber Market Overview
21.2. North America Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Styrene Butadiene Rubber Market
22.1. USA Styrene Butadiene Rubber Market Overview
22.2. USA Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Styrene Butadiene Rubber Market
23.1. South America Styrene Butadiene Rubber Market Overview
23.2. South America Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Styrene Butadiene Rubber Market
24.1. Brazil Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Styrene Butadiene Rubber Market
25.1. Middle East Styrene Butadiene Rubber Market Overview
25.2. Middle East Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Styrene Butadiene Rubber Market
26.1. Africa Styrene Butadiene Rubber Market Overview
26.2. Africa Styrene Butadiene Rubber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Styrene Butadiene Rubber Market Competitive Landscape And Company Profiles
27.1. Styrene Butadiene Rubber Market Competitive Landscape
27.2. Styrene Butadiene Rubber Market Company Profiles
27.2.1. Asahi Kasei
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Lanxess
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Bridgestone
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Michelin
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. China Petroleum & Chemical
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

29. Key Mergers And Acquisitions In The Styrene Butadiene Rubber Market

29. Styrene Butadiene Rubber Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer

Executive Summary

Styrene Butadiene Rubber (SBR) Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on styrene butadiene rubber (sbr) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Where is the largest and fastest growing market for styrene butadiene rubber (sbr)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The styrene butadiene rubber (sbr) market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

Markets Covered

1) By Product Type: Emulsion Type; Solution Type
2) By Application: Automotive Tire; Footwear; Polymer Modification; Adhesives; Other Applications
3) By Distribution Channel: Direct/Institutional Sales; Retail Sales; Other Distribution Channels

Companies Mentioned: Asahi Kasei; Lanxess; Bridgestone; Michelin; China Petroleum & Chemical

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Asahi Kasei
  • Lanxess
  • Bridgestone
  • Michelin
  • China Petroleum & Chemical
  • Jsr
  • The Goodyear Tire & Rubber
  • Sinopec
  • Eastman
  • SIBUR
  • LG Chemicals
  • Kumho Petrochemical
  • LCY Chemicals
  • Versalis
  • Trinseo
  • Synthos
  • Zeon
  • Shenhua Chemical
  • Dynasol Elastomer
  • China national Petroleum Corporation (CNPC)
  • Bridgestone Corporation
  • Reliance Industries Limited
  • Lion Elastomers
  • TSRC Corporation
  • Sumitomo Chemicals
  • Tianjin Lugang Petroleum Rubber Co.

Methodology

Loading
LOADING...