Solution Styrene Butadiene Rubber (S-SBR) Market, By Application (Tires, Footwear, Polymer Modification, and Adhesives & Sealants), and Geography (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) Analysis, Share, Trends, Size, & Forecast from 2014 2025
REPORT HIGHLIGHT
The Solution Styrene Butadiene Rubber (S-SBR) Market was valued at USD 3.09 billion by 2018, growing with 8.8% CAGR during the forecast period, 2019-2025.
Market Dynamics
Solution Styrene Butadiene Rubber (S-SBR) is a polymerized derivative of butadiene-1, 3 and styrene in a hydrocarbon solvent with organic lithium being used as a catalyst. This product is an essential raw material in the manufacture of products such as cable, footwear, industrial rubber and most commonly tires. How this product functions in tires is by reducing the tire on road resistance. This also subsequently results in improved fuel efficiency. In fact, Solution Styrene Butadiene Rubber (S-SBR) is used to make improved grade tire, it is an essential ingredient for the same. Some high-end variants of S-SBR are used for effective integration of fillers into the polymer matrix which has a significantly improved rolling resistance, thus boosting demand. This acts as a key driver for the growth of this industry.
A market restraint with regards to Solution Styrene Butadiene Rubber (S-SBR) is the fluctuation price of the raw materials. Thus the end product price is extremely volatile. Since butadiene is a petrochemical, its price is heavily affected by the crude oil prices and demand. Another major concern is the environmentally detrimental effect of petrochemical extraction. With an increase in environmental awareness, sustainable resource management, the extraction of these raw materials may be under the radar.
Application Takeaway
The core applications of this product can be categorized into Tires, Footwear, Polymer Modification, and Adhesives & Sealants. Tires dominate the most sizeable portion of the application categories. Almost 80% of the market share of S-SBR is utilized by tires. With the need for improved, fuel-efficient innovation in the car tires segment, this industry is expected to witness a continual consistent growth over the forecasted period.
A newer category where the demand is expired to be fast-growing is the athletic shoe category. This product is effective due to its grip even on different terrains, therefore, the market demand for use of S-SBR in shoes is only expected to witness exponential growth. Other applications like the construction industry i.e. use in pavements, and laminates are areas where growth will range from good to average over the forecasted period.
Regional Takeaway
Developing countries such as India and China have a huge demand for tire manufacturing. Thus Asia Pacific is expected to continue to grow over the forecasted period. Even currently Asia Pacific holds the largest market share with respect to demand of the product.
The need for better fuel-efficient cars and high-quality tires will accelerate its demand. Newer improved grades of tire need S-SBR for producing optimal products. Tire regulations in Europe are witnessing a change and the demand for these improved tire variants will go up thereby increasing the need for S-SBR in Europe. Additionally, since most of the major manufacturing companies are situated in Germany, the demand for S-SBR for tire production in Germany is also expected to experience a boom.
Key Vendor Takeaway
Solution Styrene Butadiene Rubber (S-SBR) is a significantly fragmented industry. Some of the key players for S-SBR are Asahi Kasie Corporation, Sibur Holding JSC, Dow Chemical, Dynasol, Chi Mei Corporation, Sumitomo Chemicals, JSR, Lanxess, Taiwan Synthetic Rubbers, China National Petroleum Market, Dynasol Elastomers and Styron. In 2016, Sumitomo Chemical and Zeon formed an S-SBR joint venture in order to meet the increasing demand and manufacturing capabilities that would be required owing to the stricter regulations and demand for improved variants.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2017
- Base Year – 2018
- Estimated Year – 2019
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
Key players covered in this report are;
- Asahi Kasie Corporation
- Taiwan Synthetic Rubbers
- China National Petroleum
- Chi Mei Corporation
- Dow Chemical
- Dynasol
- Sumitomo Chemicals
- JSR
- Sibur Holding JSC
- Dynasol Elastomers
- Lanxess
- Styron
Market, By Application
- Polymer Modification
- Adhesives & Sealants
- Footwear
- Tires
- Others
Market, By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. SOLUTION STYRENE BUTADIENE RUBBER (S-SBR) MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Application
2.1.2. Market Snippet by Region
2.2. Competitive Insights
3. SOLUTION STYRENE BUTADIENE RUBBER (S-SBR) KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. SOLUTION STYRENE BUTADIENE RUBBER (S-SBR) INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Raw Product Analysis
5. SOLUTION STYRENE BUTADIENE RUBBER (S-SBR) MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key Manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. SOLUTION STYRENE BUTADIENE RUBBER (S-SBR) MARKET – BY APPLICATION
6.1. Overview
6.1.1. Segment Share Analysis, By Application, 2018 & 2025 (%)
6.2. Polymer Modification
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Adhesives & Sealants
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Footwear
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Tires
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. Others
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. SOLUTION STYRENE BUTADIENE RUBBER (S-SBR) MARKET– BY GEOGRAPHY
7.1. Introduction
7.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
7.2. North America
7.2.1. Overview
7.2.2. Key Manufacturers in North America
7.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.2.4. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.2.5. U.S.
7.2.5.1. Overview
7.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.6. Canada
7.2.6.1. Overview
7.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Europe
7.3.1. Overview
7.3.2. Key Manufacturers in Europe
7.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.3.4. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.3.5. Germany
7.3.5.1. Overview
7.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.6. Italy
7.3.6.1. Overview
7.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.7. United Kingdom
7.3.7.1. Overview
7.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.8. France
7.3.8.1. Overview
7.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.9. Rest of Europe
7.3.9.1. Overview
7.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Asia Pacific (APAC)
7.4.1. Overview
7.4.2. Key Manufacturers in Asia Pacific
7.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.4.4. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.4.5. India
7.4.5.1. Overview
7.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.6. China
7.4.6.1. Overview
7.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.7. Japan
7.4.7.1. Overview
7.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.8. South Korea
7.4.8.1. Overview
7.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.9. Rest of APAC
7.4.9.1. Overview
7.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Latin America
7.5.1. Overview
7.5.2. Key Manufacturers in Latin America
7.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.5.4. Latin America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.5.5. Brazil
7.5.5.1. Overview
7.5.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.6. Mexico
7.5.6.1. Overview
7.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.7. Argentina
7.5.7.1. Overview
7.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.8. Rest of LATAM
7.5.8.1. Overview
7.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Middle East and Africa
7.6.1. Overview
7.6.2. Key Manufacturers in Middle East and Africa
7.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.6.4. Middle East and Africa Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.6.5. Saudi Arabia
7.6.5.1. Overview
7.6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6.6. United Arab Emirates
7.6.6.1. Overview
7.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. KEY VENDOR ANALYSIS
8.1. Asahi Kasie Corporation
8.1.1. Company Snapshot
8.1.2. Financial Performance
8.1.3. Type Benchmarking
8.1.4. Strategic Initiatives
8.2. Taiwan Synthetic Rubbers
8.3. China National Petroleum
8.4. Chi Mei Corporation
8.5. Dow Chemical
8.6. Dynasol
8.7. Sumitomo Chemicals
8.8. JSR
8.9. Sibur Holding JSC
8.10. Dynasol Elastomers
8.11. Lanxess
8.12. Styron
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. References
10.3. Abbreviations
10.4. Disclaimer
10.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Solution Styrene Butadiene Rubber (S-SBR) market: Product Grades snapshot (2018)
TABLE Solution Styrene Butadiene Rubber (S-SBR) market: Application Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Solution Styrene Butadiene Rubber (S-SBR) market, by Application 2014-2025 (USD Million)
TABLE Solution Styrene Butadiene Rubber (S-SBR) market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Solution Styrene Butadiene Rubber (S-SBR) market, by Region 2014-2025 (USD Million)
TABLE North America Solution Styrene Butadiene Rubber (S-SBR) market, by Country, 2014-2025 (USD Million)
TABLE North America Solution Styrene Butadiene Rubber (S-SBR) market, by Application, 2014-2025 (USD Million)
TABLE Europe Solution Styrene Butadiene Rubber (S-SBR) market, by country, 2014-2025 (USD Million)
TABLE Europe Solution Styrene Butadiene Rubber (S-SBR) market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Solution Styrene Butadiene Rubber (S-SBR) market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Solution Styrene Butadiene Rubber (S-SBR) market, by Application, 2014-2025 (USD Million)
TABLE Latin America Solution Styrene Butadiene Rubber (S-SBR) market, by country, 2014-2025 (USD Million)
TABLE Latin America Solution Styrene Butadiene Rubber (S-SBR) market, by Application, 2014-2025 (USD Million)
TABLE Middle East and Africa Solution Styrene Butadiene Rubber (S-SBR) market, by country, 2014-2025 (USD Million)
TABLE Middle East and Africa Solution Styrene Butadiene Rubber (S-SBR) market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Solution Styrene Butadiene Rubber (S-SBR) market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Application segment market share analysis, 2018 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Polymer Modification market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Adhesives & Sealants market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Footwear market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Tires market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Solution Styrene Butadiene Rubber (S-SBR) market share and leading players, 2018
FIGURE Europe Solution Styrene Butadiene Rubber (S-SBR) market share and leading players, 2018
FIGURE Asia Pacific Solution Styrene Butadiene Rubber (S-SBR) market share and leading players, 2018
FIGURE Latin America Solution Styrene Butadiene Rubber (S-SBR) market share and leading players, 2018
FIGURE Middle East and Africa Solution Styrene Butadiene Rubber (S-SBR) market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe Solution Styrene Butadiene Rubber (S-SBR) market share analysis by country, 2018
FIGURE Germany Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Spain market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific Solution Styrene Butadiene Rubber (S-SBR) market share analysis by country, 2018
FIGURE India Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Singapore Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America Solution Styrene Butadiene Rubber (S-SBR) market share analysis by country, 2018
FIGURE Brazil Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa Solution Styrene Butadiene Rubber (S-SBR) market share analysis by country, 2018
FIGURE Saudi Arabia Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates Solution Styrene Butadiene Rubber (S-SBR) market size, forecast and trend analysis, 2014 to 2025 (USD Million)
