The global styrene butadiene rubber (SBR) market is expected to grow from $10.24 billion in 2020 to $12.9 billion in 2021 at a compound annual growth rate (CAGR) of 26%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $16.58 billion in 2025 at a CAGR of 6%.
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The styrene butadiene rubber market consists of sales of styrene butadiene rubber and related services. Styrene butadiene rubber is synthetic rubber derived from the co-polymers styrene and butadiene. These materials have good abrasion resistance and good aging stability when protected by additives.
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The styrene butadiene rubber (sbr) market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the styrene butadiene rubber (sbr) market are Asahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, SIBUR, LG Chemicals, Kumho Petrochemical, LCY Chemicals, Versalis, Trinseo, Synthos, Zeon, Shenhua Chemical, Dynasol Elastomer, China national Petroleum Corporation (CNPC), Bridgestone Corporation, Reliance Industries Limited, Lion Elastomers, TSRC Corporation, Sumitomo Chemicals, Tianjin Lugang Petroleum Rubber Co.
The global styrene butadiene rubber (SBR) market is segmented –
1) By Product Type: Emulsion Type, Solution Type
2) By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Others
3) By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Channel Sales
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The styrene butadiene rubber (sbr) market report describes and explains the global styrene butadiene rubber (sbr) market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The styrene butadiene rubber (sbr) report evaluates the market across each region and for the major economies within each region.
The countries covered in the global styrene butadiene rubber (sbr) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global styrene butadiene rubber (sbr) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Styrene Butadiene Rubber (SBR) Market Characteristics
- Styrene Butadiene Rubber (SBR) Market Product Analysis
- Styrene Butadiene Rubber (SBR) Market Supply Chain
- Key Mergers And Acquisitions In The Styrene Butadiene Rubber (SBR) Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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