Styrene-Butadiene-Rubber (SBR) Industry: Increased Application in Automotive

Posted by Deeksha on October 14th, 2019

Styrene butadiene rubber is a synthetic rubber variant, which is produced through a process of co-polymerization of styrene and butadiene. The demand for this material is driven primarily through its application in the production of automotive tires and other related items. At present, automotive production application accounts for most of the styrene butadiene rubber production on a global scale. Other end use applications for the material include extruded rubber goods, footwear, conveyor belts, consumer products, and industrial hoses among others. The demand for styrene butadiene rubber has risen in recent times owing to growing levels of disposable incomes for a rapidly growing global population. A study of the styrene-butadiene-rubber (SBR) industry is compiled and published in the report titled, “Global Styrene-Butadiene-Rubber (SBR) Industry Outlook to 2023-Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants” that has been added to the extensive research repository of Market Research Hub (MRH).

Styrene butadiene rubber can be primarily found in two variants, solution styrene butadiene rubber, and emulsion styrene butadiene rubber. Of these, the emulsion variant holds control over major market share. However, solution styrene butadiene rubber has been growing through a faster rate of growth in recent years.

The rising adoption of solution styrene butadiene rubber can be attributed to the increased demand for low rolling resistance tires in the auto industry, and the enhanced capability of the material in meeting the strict requirements that are associated with high performance tires.

The countries in the Asia Pacific region are expected to provide lucrative opportunities of growth for styrene butadiene rubber owing to the high demand from numerous end use industries in the region, and despite a decline in the demand, the region continues to be the largest styrene butadiene rubber consumer.

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Styrene-Butadiene-Rubber (SBR) Market: Report Overview

The global report on the Styrene-Butadiene-Rubber (SBR) Industry to 2023 gives the readers a comprehensive analysis on the landscape of health care industry operating around the globe. Industry-based forecasting models includes a complete analysis of the research publication and primary interviews with industry participants in addition to consumer data.

The report also includes detailed interviews conducted by leading market analysts with industry savants, chemical experts and industry analysts across the country to provide essential validations of the production volume and relevant assumptions in the study.

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The approach to the health management report to 2023 foresees the performance of the market progress in terms of volumes forecast by different categories including manufacturing and health care costs, in addition to factors such as the growth of the global health care market.

For each of these categories, business development strategies and market projections adopted by key market players for specific strategies have also been added to the report.

Valuable insights which can be helpful for manufacturers operating in the United States health care market are provided in the report. Assessment of barriers to market entry, pricing analysis, market expansion strategies, and supply-demand equations makes the report a highly credible source of information for business professionals interested in the worldwide chemical industry.