Styrene-Butadiene Rubber (SBR) is a material derived from styrene and butadiene. Solution Styrene Butadiene Rubber (S-SBR) is generally used in high-performance tires as it enhances particular properties of the compound such as rolling resistance and filler dispersion.Rising Consumer Inclination Towards Low CO2 Emitting “Green Tires” is Propelling the Growth of Global Solution Styrene Butadiene Rubber (S-SBR) market
Global Solution Styrene Butadiene Rubber (S-SBR) Market Analysis, 2020 research report depicts a deep dive market analysis of statistics of Global Solution Styrene Butadiene Rubber (S-SBR) market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to this research report “Global Solution Styrene Butadiene Rubber (S-SBR) Market Analysis, 2020”, the Global Solution Styrene Butadiene Rubber (S-SBR) market is anticipated to grow at a considerable CAGR during 2021-26F. The growth of the segment is attributed to strong growth in the automotive sector due to increasing disposable income of the middle-class population, rising consumer inclination towards Green tires, and burgeoning demand for high performance of the tires. Along with this, the rising demand for high-performance tires laid down of regulation for the mandatory use of winter tires in Europe, and implantation of tire labeling regulations introduced by the European Union by the countries are projected to promulgate the growth of the market in the forecasted period.
Market Segmentation
Passenger Cars Acquired Considerable Market Share
Based on Type of Vehicle, Passenger cars acquired the considerable market share in the Global Solution Styrene Butadiene Rubber (S-SBR) Market in 2020. The boost in the demand for passenger car on account of rise in discretionary income of the consumer, burgeoning inclination towards the adoption of electric vehicle and booming populace are anticipated to strongly contribute towards the growth of the Solution Styrene Butadiene Rubber (S-SBR) market globally in the near future as revealed by the research report “Global Solution Styrene Butadiene Rubber (S-SBR) Market Analysis, 2020”.
COVID-19 Impact
The COVID-19 pandemic has adversely disrupted in the supply chain due to the shutdown of manufacturing automotive and tire factories and close down of border due to lockdown imposition. Due to which, the demand for automobile decline sharply which have a negative impact on tire demand as well. Thus, the decline sales of tires hampered the market Solution Styrene Butadiene Rubber demand as S-SBR as the demand for this is majorly from tire manufacturing industry.
Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Solution Styrene Butadiene Rubber (S-SBR) Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Solution Styrene Butadiene Rubber (S-SBR) Market?
4. Who are the key competitors or market players and how they perform in Global Solution Styrene Butadiene Rubber (S-SBR) Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Solution Styrene Butadiene Rubber (S-SBR) Market study?
Table of Contents
1. Introduction
3. Global Styrene Butadiene Rubber (S-SBR) Tire Market Outlook, 2016-2026F
4. North America Styrene Butadiene Rubber (S-SBR) Tire Market Outlook, 2016-2026F
5. South America Styrene Butadiene Rubber (S-SBR) Tire Market Outlook, 2016-2026F
6. Europe Styrene Butadiene Rubber (S-SBR) Tire Market Outlook, 2016-2026F
7. Asia Pacific Styrene Butadiene Rubber (S-SBR) Tire Market Outlook, 2016-2026F
8. Rest of the World Styrene Butadiene Rubber (S-SBR) Tire Market Outlook, 2016-2026F
11. Global Styrene Butadiene Rubber (S-SBR) Tire Market Dynamics
13. Global Styrene Butadiene Rubber (S-SBR) Tire Market Competition Outlook
Companies Mentioned
- Bridgestone
- Michelin
- Goodyear
- Continental
- Pirelli
- Sumitomo
- Hankook
- Yokohama
- Cheng Shin
- Zhongce Rubber
- GITI
- Cooper
- Toyo
- Kumho
- MRF
- JK
- CEAT
Methodology
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