Market Overview:
The global styrene butadiene styrene rubber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tires, footwears, polymer modification, adhesives and other applications from various end-use industries. In terms of volume, the global styrene butadiene styrene rubber market is projected to reach 2,811 kilotons by 2030. Based on type, the global styrene butadiene styrene rubber market has been segmented into Styrene 25%~35%, Styrene 35%~45%, and Styrene 45%~55%. Among these segments, Styrenes with 35%-45% content are expected to witness highest growth during the forecast period owing to their properties such as good abrasion resistance and low compression set values. These products are also used in manufacturing tires and footwears which are witnessing high demand from end-use industries across regions.
Product Definition:
Styrene butadiene styrene (SBS) rubber is a synthetic polymer made from styrene, butadiene, and styrene. It is used in the manufacture of tires, hoses, belts, seals and other rubber products. SBS rubber has good resistance to heat and oil and can be used at high temperatures.
Styrene 25%~35%:
The styrene-butadiene rubber (SBR) market is expected to grow at a significant rate owing to its increasing demand in the tire industry. The growth of the tire industry can be attributed to factors such as rapid urbanization, rising disposable income and changing consumer preferences towards vehicle ownership.
The growing automotive sector across emerging markets including China, India, Mexico and Brazil is anticipated to drive SBR consumption over the forecast period.
Styrene 35%~45%:
It is a kind of synthetic rubber that is produced from the reaction between styrene and butadiene. It has high demand in various end-use industries such as automotive, construction, consumer goods, and packaging. The major application areas include tires & tubes, footwear soles & heels (closing systems), conveyor belts & rollers (food processing), hoses (pneumatic systems) and seals/gaskets (industrial).
Application Insights:
Tires emerged as the leading application segment and accounted for over 70.0% of total market volume in 2017. The product is widely used in manufacturing tires on account of its excellent heat resistance, durability, and low cost coupled with ease of processing. It can be molded into various profiles including radials, bias-ply, clinchers and tubeless tires which are suitable for a wide range of vehicle types such as passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), buses etc. Styrene butadiene styrene rubber also finds applications in manufacturing footwears which include shoes/ boots/ sandals etc.
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to the increasing automotive production and tire manufacturing in China, India, Japan, and South Korea. The Asia Pacific was followed by Europe which accounted for 23.8% of the total market volume in 2017 on account of high product demand from major sectors including tires, footwear, adhesives & sealants, polymer modification for various applications.
The styrene-butadiene rubber industry is highly fragmented due to presence of numerous manufacturers across countries such as China (Shanghai) and India (Mumbai).
Growth Factors:
- Increasing demand for automobiles and tires in developing countries is expected to drive the growth of the SBS rubber market over the forecast period.
- Rising demand for insulation materials in construction industry is also anticipated to fuel the growth of SBS rubber market.
- Growing use of SBS rubber in medical applications is another key factor that would propel its demand over the next few years.
- Stringent regulations pertaining to emissions from vehicles are likely to create opportunities for SBS rubber market players over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Styrene Butadiene Styrene Rubber Market Research Report
By Type
Styrene 25%~35%, Styrene 35%~45%, Styrene 45%~55%
By Application
Tires, Footwears, Polymer Modification, Adhesives, Others
By Companies
Chevron Phillips Chemical, Kraton, Sinopec Group, Asahi-kasei, CNPC, Dynasol Elastomers, LCY Chemical, Dexco Polymers（TSRC), Versalis (Eni), EN Chuan, Chevron Phillips Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Styrene Butadiene Styrene Rubber Market Report Segments:
The global Styrene Butadiene Styrene Rubber market is segmented on the basis of:
Types
Styrene 25%~35%, Styrene 35%~45%, Styrene 45%~55%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tires, Footwears, Polymer Modification, Adhesives, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chevron Phillips Chemical
- Kraton
- Sinopec Group
- Asahi-kasei
- CNPC
- Dynasol Elastomers
- LCY Chemical
- Dexco Polymers（TSRC)
- Versalis (Eni)
- EN Chuan
- Chevron Phillips Chemical
Highlights of The Styrene Butadiene Styrene Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Styrene 25%~35%
- Styrene 35%~45%
- Styrene 45%~55%
- By Application:
- Tires
- Footwears
- Polymer Modification
- Adhesives
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Styrene Butadiene Styrene Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Styrene butadiene rubber is a type of synthetic rubber that is made from styrene and butadiene. It has good physical properties, including high strength and resilience, making it a popular choice for products such as car parts, medical devices, and toys.
Some of the major players in the styrene butadiene styrene rubber market are Chevron Phillips Chemical, Kraton, Sinopec Group, Asahi-kasei, CNPC, Dynasol Elastomers, LCY Chemical, Dexco Polymers（TSRC), Versalis (Eni), EN Chuan, Chevron Phillips Chemical.
The styrene butadiene styrene rubber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Styrene Butadiene Styrene Rubber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Styrene Butadiene Styrene Rubber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Styrene Butadiene Styrene Rubber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Styrene Butadiene Styrene Rubber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Styrene Butadiene Styrene Rubber Market Size & Forecast, 2020-2028
4.5.1 Styrene Butadiene Styrene Rubber Market Size and Y-o-Y Growth
4.5.2 Styrene Butadiene Styrene Rubber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Styrene 25%~35%
5.2.2 Styrene 35%~45%
5.2.3 Styrene 45%~55%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tires
6.2.2 Footwears
6.2.3 Polymer Modification
6.2.4 Adhesives
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Styrene Butadiene Styrene Rubber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Styrene Butadiene Styrene Rubber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Styrene 25%~35%
9.6.2 Styrene 35%~45%
9.6.3 Styrene 45%~55%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tires
9.10.2 Footwears
9.10.3 Polymer Modification
9.10.4 Adhesives
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Styrene 25%~35%
10.6.2 Styrene 35%~45%
10.6.3 Styrene 45%~55%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tires
10.10.2 Footwears
10.10.3 Polymer Modification
10.10.4 Adhesives
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Styrene 25%~35%
11.6.2 Styrene 35%~45%
11.6.3 Styrene 45%~55%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tires
11.10.2 Footwears
11.10.3 Polymer Modification
11.10.4 Adhesives
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Styrene 25%~35%
12.6.2 Styrene 35%~45%
12.6.3 Styrene 45%~55%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tires
12.10.2 Footwears
12.10.3 Polymer Modification
12.10.4 Adhesives
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Styrene 25%~35%
13.6.2 Styrene 35%~45%
13.6.3 Styrene 45%~55%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tires
13.10.2 Footwears
13.10.3 Polymer Modification
13.10.4 Adhesives
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Styrene Butadiene Styrene Rubber Market: Competitive Dashboard
14.2 Global Styrene Butadiene Styrene Rubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chevron Phillips Chemical
14.3.2 Kraton
14.3.3 Sinopec Group
14.3.4 Asahi-kasei
14.3.5 CNPC
14.3.6 Dynasol Elastomers
14.3.7 LCY Chemical
14.3.8 Dexco Polymers（TSRC)
14.3.9 Versalis (Eni)
14.3.10 EN Chuan
14.3.11 Chevron Phillips Chemical
