Styrene Butadiene Rubber (SBR) Market Report 2026

The styrene butadiene rubber (SBR) market size has grown strongly in recent years. It will grow from $41.81 billion in 2025 to $43.98 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to growth of automotive industry, tire replacement demand, expansion of synthetic rubber usage, industrial rubber applications, cost effectiveness of sbr.

The styrene butadiene rubber (SBR) market size is expected to see strong growth in the next few years. It will grow to $55.89 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to electric vehicle tire demand, lightweight vehicle materials, expansion of infrastructure projects, innovation in rubber formulations, growth in footwear applications. Major trends in the forecast period include rising demand for solution sbr, growth in automotive tire manufacturing, expansion of lightweight rubber applications, increasing use in polymer modification, focus on enhanced abrasion resistance.

The expanding footwear industry is expected to drive the growth of the styrene butadiene rubber (SBR) market going forward. The footwear industry includes the design, manufacturing, distribution, and sale of footwear such as shoes, boots, sandals, and other related products. Its growth is largely fueled by rising disposable incomes, which enable consumers to spend more on fashion, branded footwear, and premium shoe products. Styrene butadiene rubber is widely used in the footwear sector due to its durability, flexibility, water resistance, cost-effectiveness, and versatility. For example, in September 2023, reports from RunRepeat, a Denmark-based athletic footwear review platform, indicated that the U.S. athletic footwear market generated $14.5 billion in revenue in 2022 and was projected to grow by approximately 2.9% in 2023. Additionally, U.S. athletic footwear online sales increased from 27% in 2022 to 32% in 2023. Therefore, the growing footwear industry is contributing to the expansion of the styrene butadiene rubber (SBR) market.

Major companies in the styrene butadiene rubber market are focusing on developing innovative solutions such as oil-extended rubbers and high-performance grades to enhance durability and improve processing efficiency. Oil-extended rubbers are produced by blending rubber with processing oils to increase flexibility and facilitate easier processing, while high-performance grades are specifically engineered to provide superior strength, durability, and resistance to heat, wear, or chemicals. For example, in September 2025, PetroChina Fushun Petrochemical Co. Ltd., a China-based petrochemical company, commenced production of oil-extended styrene-butadiene rubber (SBR1712) as part of efforts to strengthen its synthetic rubber portfolio. This milestone followed a 2023 research and development initiative focused on creating in-house rubber processing oils. The new production line is expected to improve domestic supply and reduce dependence on imported rubber processing materials.

In November 2025, Gemspring Capital Management LLC, a U.S.-based private equity firm, acquired the polymer-chemicals business of The Goodyear Tire & Rubber Company for $650 million. This acquisition aims to unlock the full potential of Goodyear Chemical as an independent entity by investing in growth, innovation, operational excellence, and the expansion of synthetic rubber and adjacent chemical markets through both organic initiatives and strategic acquisitions. The Goodyear Tire & Rubber Company is a U.S.-based provider of styrene butadiene rubber (SBR).

Major companies operating in the styrene butadiene rubber (SBR) market are China Petroleum & Chemical Corporation (Sinopec), China National Petroleum Corporation, JSR Corporation, Zeon Corporation, LG Chem Ltd., Sumitomo Chemical Co. Ltd., Asahi Kasei Corporation, LANXESS AG, Kumho Petrochemical Co. Ltd., Versalis S.p.A., Trinseo S.A., Synthos S.A., TSRC Corporation, LCY Chemical Corp., Lion Elastomers LLC, Dynasol Group, SIBUR Holding PJSC, Reliance Industries Limited, BASF SE, LyondellBasell Industries Holdings B.V., Kraton Corporation, Manali Petrochemicals Limited.

Asia-Pacific was the largest region in the styrene butadiene rubber (SBR) market in 2025. Western Europe was the second-largest region in the styrene butadiene rubber (SBR) market report. The regions covered in the styrene butadiene rubber (SBR) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the styrene butadiene rubber (SBR) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The styrene butadiene rubber (SBR) 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.

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

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

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