Industry Insights
Styrene butadiene rubber (SBR) demand has been increasing over the
past few years on account of growing demand from tire industry across
the globe. Growing automobiles demand is also anticipated to drive SBR
market growth over the forecast period. SBR is the perfect substitute
for natural rubber. Less availability of natural rubber is the key
factor driving the SBR market over the next six years. SBR is also used
in construction sector as sealing and binding agents.
Growing construction projects in emerging countries including India
and China is anticipated to drive the market over the foreseeable
period. SBR has been witnessing significant growth over the last few
years on account of increasing demand from major end-use industries
including footwear, adhesives and polymer modifications. However,
increasing environmental concerns across the world coupled with volatile
price of raw materials is likely to hamper the global SBR market over
the forecast period.
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Product Insights
Based on polymerization process Emulsion SBR (E-SBR) and solution SBR
(S-SBR) are manufactured. Monomers used for the polymerization process
of SBR are styrene and butadiene. End-use industries of SBR market
include tire manufacturing industries, footwear, adhesives, construction
and polymer modification.
S-SBR was the largest product segment for SBR market on account of
increasing demand from tire manufacturing industries over the last few
years, and the trend is expected to continue over the forecast period.
Increasing footwear demand is the key factor which is expected to drive
S-SBR market over the next six years. E-SBR is used in manufacturing
automobiles tires and tire retread compounds.
Increasing E-SBR demand in niche applications including conveyor
belts, chewing gums, automobile mats, clutch and brake pads, rubber toys
and shoe soling is likely to augment the market growth over the
forecast period.
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Application Insights
Tire manufacturing industry was the largest application segment of SBR
over the past few years, and the trend is expected to continue over the
forecast period. Tire manufacturing industry is anticipated to witness
the fastest growth over the forecast period on account of increasing
demand from automobile industry across the globe.
Construction sector was the second major application segment, and has
been witnessing moderate growth rate over the last few years owing to
increasing sealants and binding agents demand in construction
activities.
Regional Insights
Asia Pacific was the largest market for SBR over the recent past on
account of growing tire manufacturing industries in countries such as
China and India. Increasing automobiles demand in this region is the key
factor, which is anticipated to fuel the market growth over the next
six years. Growing construction sector on account of increasing
government spending on infrastructure development in emerging countries
such as Brazil, India and China is anticipated to drive SBR market
growth over the projected period.
Europe was the second major market for SBR on account of matured tire
and automobiles markets in this region. North America has been
witnessing moderate growth over the recent past owing to existing major
tire manufacturing industries including Bridgestone and Michelin in this
region.
Competitive Insights
Growing automobiles market is expected to drive the demand for tire
over the forecast period, which in turn likely to open opportunities for
the SBR market to increase their production capacity. Some key players
of SBR market include Bridgestone Group, The Dow chemical Company, Nova
Chemicals Corporation, Michelin Group, Good Year Tire and Rubber
Company, Continental AG and Sigma-Aldrich Corporation.
Table of Contents
Chapter 1 Executive Summary
1.1 SBR - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 SBR Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Market Dynamics
2.4 Key Opportunities Prioritized
2.5 SBR - Company Market Share Analysis
2.6 SBR - PESTEL Analysis
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Chapter 3 SBR, E-SBR and S-SBR Application Outlook
3.1 Tire
3.2 Footwear
3.3 Polymer Modification
3.4 Adhesives
3.5 Others
Chapter 4 SBR, E-SBR and S-SBR Regional Outlook
4.1 North America
4.2 Europe
4.3 Asia Pacific
4.4 RoW
Chapter 5 SBR Competitive landscape
5.1 Goodyear Tire & Rubber Company
5.2 Michelin
5.3 Lanxess
5.4 CNPC (Petrochina)
5.5 Sinopec
5.6 Asahi Kasei Chemicals
5.7 JSR
5.8 Zeon
5.9 Michelin
5.10 Styron- Trinseo
Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope & Assumption
6.3 List of Data Sources
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