Product Code: CMI3856
The global emulsion styrene butadiene rubber market is estimated to be valued at USD 6.82 Bn in 2024. It is expected to reach USD 9.34 Bn by 2031, exhibiting a CAGR of 4.6% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
6.82 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.60% |
2031 Value Projection: |
9.34 Bn |
Figure. Emulsion Styrene Butadiene Rubber Market Share (%), By Region, 2024
Emulsion styrene butadiene rubber (ESBR) is a synthetic rubber produced by emulsion polymerization of styrene and butadiene. It is extensively used in the manufacture of tires owing to its excellent abrasion resistance and high strength. ESBR finds wide application in automobile tires due to its balanced performance in wet and dry traction.
Market Dynamics:
The key drivers contributing to the market growth include growing automobile production globally, rise in demand for fuel-efficient and high-performance tires, and shifting focus towards reducing rolling resistance without comprising abrasion resistance. However, volatility in raw material prices may hamper the market expansion. Market players such as ExxonMobil are focusing on developing innovative emulsion technologies to enhance processability and performance properties of ESBR. This presents lucrative opportunities for manufacturers to gain competitive edge. Asia Pacific especially China and India offer tremendous growth prospects for emulsion styrene butadiene rubber manufacturers due to a rapidly developing automotive industry in these countries. The global emulsion styrene butadiene rubber market is driven by the growing automobile production around the world. Asia Pacific currently dominates the global market due to a large presence of automobile manufacturers in China and India. Increase in vehicle fleet size and rising demand for high-performance tires are expected to propel emulsion styrene butadiene rubber market during the forecast period.
Key Features of the Study:
This report provides in-depth analysis of the global emulsion styrene butadiene rubber market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global emulsion styrene butadiene rubber market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Asahi Kasei Corporation, Arlanxeo, Lanxess, Versalis SpA, LG Chem, Sri Trang Agro-Industry Public Company Ltd, Hua Rubber Public Company Ltd, Halcyon Agri, Southland Rubber Co., Ltd, Sinochem Group Co. Ltd., Num Rubber & Latex Co., Ltd, Yunnan State Farms Group Co., Ltd, Von Bundit Co., Ltd, Apcotex Industries Ltd., and Firestone Natural Rubber Company
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global emulsion styrene butadiene rubber market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global emulsion styrene butadiene rubber market
Market Segmentation
- By Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Oil Extended E-SBR
- Non-Oil Extended E-SBR
- By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Tires & Tire Products
- Footwear
- Adhesives & Sealants
- Rubber Compounds
- Others
- By Manufacturing Process Insights (Revenue, USD Bn, 2019 - 2031)
- Cold Emulsion SBR (Cold E-SBR)
- Hot Emulsion SBR (Hot E-SBR)
- By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Asahi Kasei Corporation
- Arlanxeo
- Lanxess
- Versalis SpA
- LG Chem
- Sri Trang Agro-Industry Public Company Ltd
- Hua Rubber Public Company Ltd
- Halcyon Agri
- Southland Rubber Co., Ltd
- Sinochem Group Co. Ltd.
- Num Rubber & Latex Co., Ltd
- Yunnan State Farms Group Co., Ltd
- Von Bundit Co., Ltd
- Apcotex Industries Ltd.
- Firestone Natural Rubber Company
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Manufacturing Process
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Emulsion Styrene Butadiene Rubber Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Emulsion Styrene Butadiene Rubber Market - COVID-19
- Impact Analysis
5. Global Emulsion Styrene Butadiene Rubber Market, By Product Type, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Oil Extended E-SBR
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Non-Oil Extended E-SBR
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
6. Global Emulsion Styrene Butadiene Rubber Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Tires & Tire Products
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Footwear
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Adhesives & Sealants
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Rubber Compounds
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
7. Global Emulsion Styrene Butadiene Rubber Market, By Manufacturing Process, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Cold Emulsion SBR (Cold E-SBR)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hot Emulsion SBR (Hot E-SBR)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
8. Global Emulsion Styrene Butadiene Rubber Market, By Region, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Manufacturing Process, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Manufacturing Process, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Manufacturing Process, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Manufacturing Process, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Manufacturing Process, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Manufacturing Process, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (USD Bn)
- South Africa
- North Africa
- Central Africa
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Asahi Kasei Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Arlanxeo
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Lanxess
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Versalis SpA
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- LG Chem
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Sri Trang Agro-Industry Public Company Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Hua Rubber Public Company Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Halcyon Agri
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Southland Rubber Co., Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Sinochem Group Co. Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Num Rubber & Latex Co., Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Yunnan State Farms Group Co., Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Von Bundit Co., Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Apcotex Industries Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Firestone Natural Rubber Company
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
10. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact