The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Styrene Butadiene Rubber (SBR) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Styrene Butadiene Rubber (SBR) Market:
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According to The Business Research Company’s Styrene Butadiene Rubber (SBR) Global Market Report 2024, The styrene butadiene rubber (sbr) market size has grown strongly in recent years. It will grow from $37.87 billion in 2023 to $40.25 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to cost-effectiveness, durability and resilience, automotive industry demand, availability and consistency, versatility in applications, replacement for natural rubber.The styrene butadiene rubber (sbr) market size is expected to see strong growth in the next few years. It will grow to $50.61 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.
The expanding footwear industry is anticipated to drive the growth of the styrene butadiene rubber (SBR) market in the foreseeable future. The footwear industry encompasses various activities such as designing, manufacturing, distributing, and selling footwear products like shoes, boots, and sandals. SBR plays a crucial role in the footwear industry by providing attributes such as durability, flexibility, water resistance, cost-effectiveness, and versatility. For example, in September 2022, World Footwear reported an 8.6% increase in global footwear production in 2021, totaling over 22 billion pairs. Consequently, the rising footwear industry is propelling the demand for styrene butadiene rubber (SBR).
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The styrene butadiene rubber (sbr) market covered in this report is segmented –
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
Top Major Players
China National Petroleum Corporation,
China Petroleum & Chemical Corp.,
JSR Corporation,
Zeon Corp.,
British Petroleum PLC
The styrene butadiene rubber (sbr) market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Styrene Butadiene Rubber (SBR) Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Styrene Butadiene Rubber (SBR) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Styrene Butadiene Rubber (SBR) Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: China National Petroleum Corporation Financial Performance
Table 75: China Petroleum & Chemical Corp. Financial Performance
Table 76: JSR Corporation Financial Performance
Table 77: Zeon Corp. Financial Performance
Table 78: British Petroleum plc Financial Performance
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