Global Styrene Butadiene Rubber market research report offers valuable insights and helps client’s gain higher market share into multiple sections impacting the growth of the market globally. For a better understanding of the market, our market experts provide a comprehensive analysis of the factors defining the the growth of the Styrene Butadiene Rubber market and encompasses a wide range of factors that will prove crucial to our clients and presents them with actionable insights. The key player analysis of Styrene Butadiene Rubber market is intended to provide crucial information and In-depth intelligence on the changing competitive scenarios on market strategies, implemented by the prominent players and the critical products and services offered by them.
The Global Styrene Butadiene Rubber Market accounted for USD 8.78 billion in 2017 and is projected to grow at a CAGR of 5.9% during the forecast period of 2018 to 2025.
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LANXESS, SINOPEC, The Goodyear Tire & Rubber Company, Michelin, JSR Corporation, Eastman Chemical Company, SIBUR, LG Chem, Bridgestone, LG Chem Michigan Inc., Ashland, Trinseo, Synthos S.A., Zeon Chemicals, Shaanxi Coal And Chemical Industry Group Co., Ltd., LCY Group, Versalis SpA, Asahi Kasei Europe GmbH,LG Chem Europe GmbH, Dynasol Elastomers, Korea Kumho Petrochemical Co., Ltd., Michelin North America Canada Inc., Michelin N America, China Sinopec, Sinopec Canada, VERSALIS UK LTD, Asahi Kasei Synthetic Rubber Singapore Pte Ltd, East West Copolymer, LLC., Sumitomo Chemical, Lion Elastomers, LLC, BRIDGESTONE JAPAN, Bridgestone Europe, Middle East & Africa, Bridgestone Canada Inc., Bridgestone NZ Ltd, ExxonMobil, ExxonMobil Chemical and others.
On the basis of application, the market is segmented into
- polymer modification,
On the basis of geography, the styrene butadiene rubber market report covers data points for 28 countries across multiple geographies such as
- North America,
- South America,
- Asia-Pacific and
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
The styrene butadiene rubber market is segmented on the basis of type into
- E-SBR and
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The global styrene butadiene rubber market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Drivers
- Growth in tire market globally
- Natural rubber creating opportunity for styrene butadiene rubber
- Regulatory compliance
- Environmental concerns
- Fluctuation in raw material prices
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