Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Styrene Butadiene Rubber (SBR) Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Styrene Butadiene Rubber (SBR) Market Growth?
The market size of the Styrene Butadiene Rubber (SBR) has been experiencing robust growth over the years. The market, which was worth $39.79 billion in 2024, is forecasted to increase to $41.81 billion in 2025, showing a Compound Annual Growth Rate (CAGR) of 5.1%.
What Is the Predicted Industry Size and CAGR of the Styrene Butadiene Rubber (SBR) Market in 2029?
The Styrene Butadiene Rubber (SBR) market is forecasted to grow to $52.59 billion by 2029, with a compound annual growth rate (CAGR) of 5.9%.
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Which Factors Are Driving Growth in the Styrene Butadiene Rubber (SBR) Market?
The key Drivers in the styrene butadiene rubber (sbr) market are:
• Rising demand for SBR in tire production
• Unique properties of SBR such as abrasion resistance and high tensile strength
• SBR's suitability for high-end tire manufacturing
• Expanded use of SBR within the growing auto industry
Which Segment Trends Are Covered in the Styrene Butadiene Rubber (SBR) Market Forecast?
The styrene butadiene rubber (sbr)market covered in this report is segmented –
1) By Product Type: Emulsion Type, Solution Type
2) By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Other Applications
3) By Distribution Channel: Direct Or Institutional Sales, Retail Sales, Other Distribution Channels
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What Are the Current Market Trends in the Styrene Butadiene Rubber (SBR) Industry?
The key trends in the styrene butadiene rubber (sbr) market are:
• The adoption of artificial intelligence to enhance decision-making is an emerging trend in the SBR market.
• The use of big data analytics to predict changes or defects is increasing.
• Companies are improving operational decisions through the application of AI.
• A growing trend is seen in the investment in AI technology for centralized data management.
Who are the Key Companies in the Styrene Butadiene Rubber (SBR) Market?
The key players in the styrene butadiene rubber (sbr) market are:
• China National Petroleum Corporation
• China Petroleum & Chemical Corp.
• JSR Corporation
• Zeon Corp.
• British Petroleum Plc
• Chevron Corporation
• Reliance Industries Limited
• BASF SE
• China Shenhua Energy Company Limited
• LyondellBasell Industries Holdings B.V.
• LG Chemical Ltd.
• Compagnie Générale des Établissements Michelin SCA
• Bridgestone Corporation
• Sumitomo Chemical Co. Ltd
• The Goodyear Tire & Rubber Company
• Asahi Kasei Corp.
• Eastman Chemical Company
• Lanxess AG
• Kumho Petrochemical Co. Ltd.
• Versalis S.P.A
• Trinseo S.A.
• Kraton Corporation
• LCY Chemicals Corp.
• Synthos S.A
• TSRC Corporation
• Manali Petrochemicals Limited
• Lion Elastomers LLC
• SKC Chemie Pvt. Ltd
• Dynasol Group.
• SIBUR Holding PJSC
• Michelin Malaysia Sdn Bhd
What are the Regional Trends Across the Styrene Butadiene Rubber (SBR) Market?
Asia-Pacific was the largest region in the styrene butadiene rubber (SBR) market in 2024
