Product Code: 23298
The Global Styrene Butadiene Rubber Market, valued at USD 9.37 Billion in 2024, is projected to experience a CAGR of 3.62% to reach USD 11.60 Billion by 2030. Styrene Butadiene Rubber (SBR) is a synthetic elastomer produced from the copolymerization of styrene and butadiene monomers, valued for its superior abrasion resistance, durability, and processing characteristics. The market's growth is primarily supported by the consistent demand from the automotive sector for tire manufacturing, coupled with expanding applications in the footwear and construction industries.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 9.37 Billion |
| Market Size 2030 | USD 11.60 Billion |
| CAGR 2025-2030 | 3.62% |
| Fastest Growing Segment | Emulsion SBR |
| Largest Market | North America |
Key Market Drivers
The global automotive industry's expansion and subsequent tire demand are central drivers for the Styrene Butadiene Rubber market. SBR is crucial in tire manufacturing due to its abrasion resistance and durability. Increasing worldwide vehicle production directly correlates with higher SBR consumption for both original equipment and replacement tires.
Key Market Challenges
The inherent volatility of raw material costs for styrene and butadiene presents a significant impediment to the growth of the Global Styrene Butadiene Rubber market. These fluctuations directly impact production expenses and compromise overall pricing stability for SBR manufacturers. Such unpredictability makes strategic planning and long-term investment challenging, as producers face difficulties in accurately forecasting operational costs and setting competitive prices. This environment can deter new market entrants and slow capacity expansions, particularly when raw material prices experience sharp increases.
Key Market Trends
Electric Vehicle Tire-Specific SBR Formulations represent a significant market shift, driven by the unique demands of electric vehicles on tire performance. These vehicles, characterized by heavier battery packs and instant torque, necessitate tires with enhanced durability, lower rolling resistance for extended range, and superior wet grip. Tire manufacturers are strategically advancing SBR technologies to meet these exacting standards.
Key Market Players
- Dynasol Elastomeros SA
- Sibur Holding PJSC
- LG Chem Ltd.
- JSR Corporation
- Eastman Chemical Co.
- LANXESS AG
- LCY Chemical Corp.
- Asahi Kasei Corporation
- Trinseo PLC
- Zeon Corporation
Report Scope:
In this report, the Global Styrene Butadiene Rubber Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Styrene Butadiene Rubber Market, By Type:
- Emulsion SBR
- Solution SBR
Styrene Butadiene Rubber Market, By Application:
- Tyres
- Adhesives
- Footwear
- Others
Styrene Butadiene Rubber Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Styrene Butadiene Rubber Market.
Available Customizations:
Global Styrene Butadiene Rubber Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Styrene Butadiene Rubber Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Type (Emulsion SBR, Solution SBR)
- 5.2.2. By Application (Tyres, Adhesives, Footwear, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
- 5.3. Market Map
6. North America Styrene Butadiene Rubber Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Styrene Butadiene Rubber Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Type
- 6.3.1.2.2. By Application
- 6.3.2. Canada Styrene Butadiene Rubber Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Type
- 6.3.2.2.2. By Application
- 6.3.3. Mexico Styrene Butadiene Rubber Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Type
- 6.3.3.2.2. By Application
7. Europe Styrene Butadiene Rubber Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Styrene Butadiene Rubber Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Type
- 7.3.1.2.2. By Application
- 7.3.2. France Styrene Butadiene Rubber Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Type
- 7.3.2.2.2. By Application
- 7.3.3. United Kingdom Styrene Butadiene Rubber Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Type
- 7.3.3.2.2. By Application
- 7.3.4. Italy Styrene Butadiene Rubber Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Type
- 7.3.4.2.2. By Application
- 7.3.5. Spain Styrene Butadiene Rubber Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Type
- 7.3.5.2.2. By Application
8. Asia Pacific Styrene Butadiene Rubber Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Styrene Butadiene Rubber Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Type
- 8.3.1.2.2. By Application
- 8.3.2. India Styrene Butadiene Rubber Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Type
- 8.3.2.2.2. By Application
- 8.3.3. Japan Styrene Butadiene Rubber Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Type
- 8.3.3.2.2. By Application
- 8.3.4. South Korea Styrene Butadiene Rubber Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Type
- 8.3.4.2.2. By Application
- 8.3.5. Australia Styrene Butadiene Rubber Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Type
- 8.3.5.2.2. By Application
9. Middle East & Africa Styrene Butadiene Rubber Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
- 9.2.3. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Styrene Butadiene Rubber Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Type
- 9.3.1.2.2. By Application
- 9.3.2. UAE Styrene Butadiene Rubber Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Type
- 9.3.2.2.2. By Application
- 9.3.3. South Africa Styrene Butadiene Rubber Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Type
- 9.3.3.2.2. By Application
10. South America Styrene Butadiene Rubber Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Application
- 10.2.3. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Styrene Butadiene Rubber Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Type
- 10.3.1.2.2. By Application
- 10.3.2. Colombia Styrene Butadiene Rubber Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Type
- 10.3.2.2.2. By Application
- 10.3.3. Argentina Styrene Butadiene Rubber Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Type
- 10.3.3.2.2. By Application
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Styrene Butadiene Rubber Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Dynasol Elastomeros SA
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Sibur Holding PJSC
- 15.3. LG Chem Ltd.
- 15.4. JSR Corporation
- 15.5. Eastman Chemical Co.
- 15.6. LANXESS AG
- 15.7. LCY Chemical Corp.
- 15.8. Asahi Kasei Corporation
- 15.9. Trinseo PLC
- 15.10. Zeon Corporation
16. Strategic Recommendations
17. About Us & Disclaimer