Friday 25 October 2019

Solution Styrene Butadiene Rubber (S-SBR) Market Share | Revenue, Price & Growth Rate | Forecast To 2028


Pune, India - Solution Styrene Butadiene Rubber (S-SBR) Market size was valued at USD 2.51 billion. The demand for S-SBR in footwear and tire applications is increasing owing to its high synthetic flexibility is expected to drive market growth.
The automotive companies are developing vehicles with high performance and durability, resulting in stringent tire performances specifications. The S-SBR is the only material for the manufacture of high performance tires. The growth in the automotive industry is expected to have a positive impact in S-SBR market.
The tire industry accounted for over 81% of the total revenue share in 2016. The rising demand for S-SBR in high-performance tire manufacturing owing to its high fuel efficiency coupled with improved performance is likely to fuel over the projected period.
In terms of volume, the footwear industry was the second largest application. The application of the product in athletic shoes is on the rise owing to its grip and improved performance is likely to propel market demand. Furthermore, the availability of products through e-commerce platforms together with the changing fashion trends is expected to propel market demand.
The utilization of S-SBR in polymer modification process results in improving the end-product quality; as a result, it is utilized in the construction of roads and pavement. In addition, the application of S-SBR in the construction industry is for the alteration of cement and asphalt. These applications are likely to aid the market growth of S-SBR.
The share of polymer modification & footwear is anticipated to decline over the forecast period owing to the rising demand for the product in tire manufacturing together with the high supply-demand gap.
The S-SBR has numerous application in the adhesive industry such as caulking, lamination paper coating, and wall tiles. The demand for the product in the adhesive industry is likely to have a positive growth owing to rising application process of S-SBR together with the rapid advent of technology.
The substantial growth in demand for S-SBR in the tire industry is anticipated to have an adverse effect on its demand in other applications. The substitution of styrene isoprene styrene (SIS) in tires is likely to have a positive impact on the demand of S-SBR over the projected period.
Market Segment:

Solution Styrene Butadiene Rubber Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
        • Tire
        • Footwear
        • Polymer Modification
        • Adhesives & Sealants
        • Others

Solution Styrene Butadiene Rubber Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
        • North America
        • Europe
                • France
                • Germany
                • Italy
                • Russia
                • UK
        • Asia Pacific

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