Styrene Butadiene Rubber Market Insights, Leading Players, Opportunities, Past Data, Share, Size, SWOT Analysis, Trend Comment, 2020 – 2028

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Report Summary:

Styrene and butadiene are two of the primary basic components used to make SBR. Sinopec, Sibur, and China National Petroleum Corporation are the main providers of these raw materials. Petrochemical firms owned by Sibur and Sinopec are completely integrated and present throughout the entire value chain, from rubber and plastic production to the refining of crude oil.

With almost 30% of global use, SBR is the leading butadiene consumer. The main synthetic rubber product, which is predicted to boost butadiene use over the next few years, is synthetic rubber. Over the course of the projected period, the tyre industry is anticipated to drive market growth.

The cost of raw materials is directly impacted by the price of crude oil. 2011 saw record-high crude oil prices, which were reflected in butadiene prices, which reached USD 3.0/kilo at the same time. Butadiene and styrene prices have reached record lows as a result of the recent decline in crude oil prices. Over the past few years, the prices of SBR have been significantly impacted by these factors.

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Application Perspectives

In 2015, S-SBR demand for footwear applications was valued at USD 194.1 million globally. S-SBR is utilised in both shoe sole manufacture and multicolor design. S-SBR has exceptional smoothness, which can be used to produce high-quality, long-lasting products, predicted to boost growth.

In terms of revenue, the world’s demand for S-SBR in tyre applications accounted for 80.6% of all demand in 2015. S-SBR is utilised in tyre production due to its natural abrasion resistance qualities, which enhance tyre performance. Additionally, it is projected that the establishment of labelling laws in various countries will increase product usage over the forecast period.

Regional Perspectives

In terms of revenue, Asia Pacific dominated the SBR market in 2015, making up 53.8% of the total demand. The demand for tyres is anticipated to increase over the next few years as a result of the expanding auto industries in China, India, and Japan as well as other emerging markets.

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In 2015, Europe held a sizable portion of the market. In the ensuing years, the market is probably going to benefit from the EU labelling requirements that were established in 2012. Due to increased tyre production, Germany, Italy, and France are projected to experience a major increase in demand.

Report’s Covered Segments

This research provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025 and estimates revenue growth at the global, regional, and national levels. Grand View Research has divided the world market for styrene-butadiene rubber based on geography and application for this study:

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Key Market Players & Competitive Landscape

  • Asahi Kasei Corporation
  • JSR Corporation
  • ARLANXEO
  • Lion Elastomers
  • Versalis SpA
  • Reliance Industries Limited
  • Zeon Corporation
  • LG Chem
  • Trinseo
  • KUMHO PETROCHEMICAL
  • Goodyear Rubber Company

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
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Report Summary: Styrene and butadiene are two of the primary basic components used to make SBR. Sinopec, Sibur, and China National Petroleum Corporation are the main providers of these raw materials. Petrochemical firms owned by Sibur and Sinopec are completely integrated and present throughout the entire value chain, from rubber and plastic production to the…

Report Summary: Styrene and butadiene are two of the primary basic components used to make SBR. Sinopec, Sibur, and China National Petroleum Corporation are the main providers of these raw materials. Petrochemical firms owned by Sibur and Sinopec are completely integrated and present throughout the entire value chain, from rubber and plastic production to the…

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