Market Overview:
The global SSBR market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the SSBR market can be attributed to the increasing demand for tires and shoes from the automotive and footwear industries, respectively. In addition, growing demand for electrically insulating materials in various end-use industries is also contributing to the growth of the SSBR market. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
 Industry Outlook.svg)
Product Definition:
Solution Polymerized Styrene-Butadiene Rubber (SSBR) is a type of synthetic rubber that is made by combining styrene and butadiene. It is important because it can be used in a variety of applications, including as an adhesive, sealant, or coating.
Styrene Content
Styrene Content >60%:
The global styrene content greater than 60% market size was valued at USD 2.5 billion in 2015 and is expected to witness significant growth over the forecast period. Styrene-butadiene rubber (SBR) has been one of the most popular choices for tire manufacturers on account of its high abrasion resistance, good tear strength, and low heat buildup property when compared with polystyrene/polyurethane rubbers.
Application Insights:
The shoes application segment led the global solution polymerized styrene-butadiene rubber (SSBR) market in 2017. The product is widely used in the manufacturing of sports shoes, work boots, and other footwear. Growing demand for athletic shoes across various regions is expected to have a positive impact on market growth over the forecast period.
Tire manufacturing was another prominent application of SSBRs as they are used to manufacture high-performance tires with enhanced durability and performance characteristics. The growing automotive industry coupled with rising consumer disposable income levels has resulted in an increased demand for automobiles, which will further propel tire sales over the coming years. This factor along with others will drive SSBR consumption during the estimated period thereby propelling overall industry growth from 2018 to 2030 ¢â‚¬Å“ albeit at a moderate rate compared to its counterparts globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major automotive manufacturers, coupled with growing production capacities, is likely to drive product demand in this region. In addition, increasing population and rising consumer disposable income levels are also estimated to boost product demand over the coming years.
North America accounted for a significant share of global consumption as a result of high tire manufacturing volumes across countries such as Brazil and Mexico. However, stringent regulations regarding VOC emissions from synthetic rubbers are expected to hamper market growth in North America during the forecast period. Europe was another key consumer for global solutions polymerized styrene-butadiene rubber (SSBR) market owing to high shoe manufacturing volumes across countries such as Germany and U-Kraine that resulted into higher consumption rates compared with other regions mentioned above.
Growth Factors:
- SSBR is a high-performance elastomer that offers excellent resistance to abrasion, tearing and wear. This makes it an ideal choice for applications such as automotive tires, conveyor belts and hoses.
- SSBR has good low-temperature flexibility which makes it suitable for use in cold weather applications such as snow chains and ice scrapers.
- SSBR exhibits superior resistance to oils and fuels, making it an ideal choice for automotive components such as fuel lines and oil seals.
- The unique molecular structure of SSBR results in excellent rebound properties, making it well suited for use in shock absorbers and other vibration damping applications. 5)SSBR is also biodegradable, making it a more environmentally friendly option than some other elastomers
Scope Of The Report
Report Attributes
Report Details
Report Title
Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Research Report
By Type
Styrene Content <60%, Styrene Content >60%
By Application
Shoes, Tires, Electrically Insulating Materials, Others
By Companies
Asahi Kasei, Firestone, JSR, LANXESS, Michelin, Goodyear, Trinseo , Kumho Petr, Dynasol, Zeon, LG Chem, Eni, Sibur, Sumitomo, TSRC, Chi Mei, NKNH, Karbochem, Sinopec, CNPC
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Report Segments:
The global Solution Polymerized Styrene-Butadiene Rubber (SSBR) market is segmented on the basis of:
Types
Styrene Content <60%, Styrene Content >60%
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
Shoes, Tires, Electrically Insulating Materials, 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:
- Asahi Kasei
- Firestone
- JSR
- LANXESS
- Michelin
- Goodyear
- TrinseoÂ
- Kumho Petr
- Dynasol
- Zeon
- LG Chem
- Eni
- Sibur
- Sumitomo
- TSRC
- Chi Mei
- NKNH
- Karbochem
- Sinopec
- CNPC
 Market Overview.svg)
Highlights of The Solution Polymerized Styrene-Butadiene Rubber (SSBR) 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 Content <60%
- Styrene Content >60%
- By Application:
- Shoes
- Tires
- Electrically Insulating Materials
- 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 Solution Polymerized Styrene-Butadiene Rubber (SSBR) 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Solution polymerized styrene-butadiene rubber (SSBR) is a type of synthetic rubber that is created by mixing styrene and butadiene in the presence of a catalyst. The resulting mixture is then heated until it becomes liquid, at which point the solids are separated and the liquid polymerized product is formed. SSBR has good physical properties, including high strength and resilience, making it an ideal material for applications such as automotive parts and construction materials.
Some of the major companies in the solution polymerized styrene-butadiene rubber (ssbr) market are Asahi Kasei, Firestone, JSR, LANXESS, Michelin, Goodyear, Trinseo‚Â , Kumho Petr, Dynasol, Zeon, LG Chem, Eni, Sibur, Sumitomo, TSRC, Chi Mei, NKNH, Karbochem, Sinopec, CNPC.
The solution polymerized styrene-butadiene rubber (ssbr) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market - Supply Chain
4.5. Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Forecast
4.5.1. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Absolute $ Opportunity
5. Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Type
5.3.1. Styrene Content <60%
5.3.2. Styrene Content >60%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Application
6.3.1. Shoes
6.3.2. Tires
6.3.3. Electrically Insulating Materials
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Demand Share Forecast, 2019-2026
9. North America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Application
9.4.1. Shoes
9.4.2. Tires
9.4.3. Electrically Insulating Materials
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Type
9.7.1. Styrene Content <60%
9.7.2. Styrene Content >60%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Demand Share Forecast, 2019-2026
10. Latin America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Application
10.4.1. Shoes
10.4.2. Tires
10.4.3. Electrically Insulating Materials
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Type
10.7.1. Styrene Content <60%
10.7.2. Styrene Content >60%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solution Polymerized Styrene-Butadiene Rubber (SSBR) Demand Share Forecast, 2019-2026
11. Europe Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Application
11.4.1. Shoes
11.4.2. Tires
11.4.3. Electrically Insulating Materials
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Appication
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Type
11.7.1. Styrene Content <60%
11.7.2. Styrene Content >60%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solution Polymerized Styrene-Butadiene Rubber (SSBR) Demand Share, 2019-2026
12. Asia Pacific Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Application
12.4.1. Shoes
12.4.2. Tires
12.4.3. Electrically Insulating Materials
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Type
12.7.1. Styrene Content <60%
12.7.2. Styrene Content >60%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solution Polymerized Styrene-Butadiene Rubber (SSBR) Demand Share, 2019-2026
13. Middle East & Africa Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Application
13.4.1. Shoes
13.4.2. Tires
13.4.3. Electrically Insulating Materials
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Size and Volume Forecast by Type
13.7.1. Styrene Content <60%
13.7.2. Styrene Content >60%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solution Polymerized Styrene-Butadiene Rubber (SSBR) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market: Market Share Analysis
14.2. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Distributors and Customers
14.3. Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Asahi Kasei
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Firestone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JSR
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LANXESS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Michelin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Goodyear
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trinseo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kumho Petr
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dynasol
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zeon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LG Chem
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Eni
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sibur
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sumitomo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TSRC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Chi Mei
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NKNH
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Karbochem
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Sinopec
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. CNPC
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
