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Styrene-Butadiene Rubber Market is predicted to reach USD 6.2 billion at a CAGR of 4.90% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Styrene-Butadiene Rubber Market” that contains information from 2023 to 2030. The Global Styrene-Butadiene Rubber Market is estimated to register a CAGR of 4.90% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the Global Styrene-Butadiene Rubber Market— Rockwood Lithium, AkzoNobel, Chemtura, Asahi Kasei, Bridgestone, LANXESS, MICHELIN, China Petroleum & Chemical, JSR, and Reliance Industries Limited.


Styrene Butadiene Rubber Market Highlights


The Global Styrene-Butadiene Rubber Market is accounted to register a CAGR of 4.90% during the forecast period and is estimated to reach USD 6.2 Billion by 2030.


The Global Styrene-Butadiene Rubber (SBR) Market refers to the worldwide market for synthetic rubber known as styrene-butadiene rubber. SBR is a versatile and widely used synthetic rubber produced by copolymerizing styrene and butadiene. It is known for its excellent abrasion resistance, good aging stability, and cost-effectiveness, making it a popular choice for various applications in different industries.


The global SBR market encompasses the production, distribution, and consumption of SBR products in various forms, such as emulsion SBR, solution SBR, and various grades and blends tailored to meet specific industrial requirements. This market serves various end-use industries, including automotive, construction, footwear, industrial goods, and consumer goods.


Segment Analysis


The Global Styrene-Butadiene Rubber Market has been segmented based on product type and application.


On the basis of product type, the market is segmented into Emulsion SBR (E-SBR), Non-Oil Extended, Oil Extended, Solution SBR (S-SBR) and Butyl Lithium. Due to the low production cost, the Emulsion SBR (E-SBR) Segment dominated the market. However, the varied demands from consumers for high-performance tires are drifting the market towards solution SBR due to its low rolling resistance property. The primary raw materials for producing SBR involve styrene and butadiene. 


Based on application, the market has been segmented into Stabilizers, Adhesive, Tire Manufacturing and Footwear. The Tire manufacturing category segment dominated the market—tire manufacturing on account of its inherent properties of abrasion resistance, which improves tire performance.


Regional Analysis


The Global Styrene-Butadiene Rubber Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Styrene-Butadiene Rubber Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Styrene-Butadiene Rubber Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Styrene-Butadiene Rubber Market comprises of Middle East, Africa, and Latin America.


North America is important region for the SBR market, with the United States being a key player. The region's SBR market is influenced by factors such as the automotive sector, construction activities, and the demand for industrial goods.


Europe holds a considerable share in the global SBR market. The region's demand for SBR is primarily driven by the automotive industry and the increasing focus on sustainable and eco-friendly rubber products.


Asia-Pacific is a dominant player in the global SBR market, accounting for a significant share of both production and consumption. The growth of the automotive industry, infrastructure development, and tire manufacturing in the region drives the demand for SBR.


Furthermore, the rest of the world's Global Styrene-Butadiene Rubber Market is divided into the Middle East, Africa, and Latin America. Latin America represents a growing market for SBR, with countries like Brazil and Mexico showing increased demand. Economic development, infrastructure projects, and the automotive sector's expansion contribute to the growth of the SBR market in this region.


Key Findings of the Study



  • The Global Styrene-Butadiene Rubber Market is expected to reach USD 6.2 Billion by 2030, at a CAGR of 4.90% during the forecast period.

  • North America is important region for the SBR market, with the United States being a key player. The region's SBR market is influenced by factors such as the automotive sector, construction activities, and the demand for industrial goods.

  • Based on product type, the market is segmented was Emulsion SBR holding the largest market in 2022.

  • Rockwood Lithium, AkzoNobel, Chemtura, Asahi Kasei, Bridgestone, LANXESS, MICHELIN, China Petroleum & Chemical, JSR, and Reliance Industries Limited.


Get More Information: Styrene-Butadiene Rubber Market Size

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Companies Covered 15
Pages 140
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