Industry Statistics

Styrene Butadiene Rubber (SBR) Market

Styrene Butadiene Rubber (SBR) Market: Supply, Production, Demand Analysis By Type: Emulsion SBR, Solution SBR; Demand Analysis By Application: Automotive Tires, Footwears, Gaskets and Hoses, Adhesives and Sealants, Conveyor Belts, Others; Regional Analysis; Opportunities and Strategic Analysis; Competitive Landscape; 2024-2032

Styrene Butadiene Rubber (SBR) Market

A kind of synthetic rubber elastomer, styrene butadiene rubber (SBR) is obtained from butadiene and styrene. It is extremely cost effective, durable and resistant to abrasion. It is extensively used in the automotive industry for manufacturing tires, seat belts, and other vehicle components. It is also utilised for insulating electrical wired and manufacturing shoe soles. The leading application of SBR is in the production of automotive tire, which holds around 80% of the market share.

 

Global Supply/Demand Outlook

The global styrene butadiene rubber (SBR) market stood at a volume of around of 4,750 KT in 2023. The market is estimated to grow at a CAGR of 4.30% between 2024 and 2032 to reach a volume of about 6,851.8 KT by 2032. The key factors propelling the SBR market are the increasing automotive production and the rising demand for synthetic rubbers in footwear manufacturing. The automotive industry is a major consumer of SBR and is anticipated to remain the largest market in the forecast period. This growth can be attributed to the increasing demand for passenger vehicles and the robust expansion of the EV market, boosting tire production.

 

The global capacity of SBR was about 6,500 KT in 2023. It is estimated to reach 8,500 KT by 2032. Asia Pacific holds the major share of SBR capacities representing around more than 50% of the global production capacity. North America and Europe follow closely behind. The plant capacity utilisation of SBR stood at 77% in 2023.

 

Regional Market Analysis

In terms of consumption, the Asia Pacific has emerged as the leading market, holding more than 50% market share. The increasing penetration of automobile companies, growing EV market especially in countries like China, and the low labour costs boosting footwear production in the region support the demand for SBR from key end use industries.

 

Key Market Players

The top 4 manufacturers of SBR on a global scale are Kumho Petrochemical Co., Ltd., Synthos Group, Group Dynasol, and JSR Corporation. Among these, Kumho Petrochemical is the market leader and holds approximately 6% of the global SBR capacity. This Korea-based company is mainly involved in the production and distribution of synthetic rubber and operates its business through four units. Styrene-butadiene rubber (SBR), butadiene rubber (BR), and latex, among others are manufactured and sold through the company’s Synthetic Rubber business unit.

 

Other major manufacturers of SBR are BASF SE, Asahi Kasei Corporation, LG Chem Ltd., LyondellBasell Industries N.V., Lanxess AG, Versalis S.P.A, Michelin, Bridgestone Corporation, and Reliance Industries Ltd.

 

Key Questions Answered in the Report:

  • What are the high-growth opportunities and markets for styrene butadiene rubber (SBR) by application and region?
  • What are the types of styrene butadiene rubber (SBR) available by region?
  • Which segments and regions are projected to grow at a faster pace and why in the styrene butadiene rubber (SBR) market?
  • What is the nameplate capacity of styrene butadiene rubber (SBR) by region from 2018 to 2032?
  • How does the plant capacity utilisation of styrene butadiene rubber (SBR) vary by region between 2018 and 2032?
  • Who are the major players in the styrene butadiene rubber (SBR) market by capacity and region?
  • What major plant shutdowns and expansions have occurred in the styrene butadiene rubber (SBR) market in the last year and the last quarter?
  • What major plant shutdowns and expansions are planned in the styrene butadiene rubber (SBR) market over the next year and quarters?
  • How did export and import dynamics of styrene butadiene rubber (SBR) vary by region in terms of value between 2018 and 2023?
  • How did export and import dynamics of styrene butadiene rubber (SBR) vary by region in terms of volume between 2018 and 2023?
  • What impacts have shutdowns, force majeure events, and plant closures had on demand and pricing of styrene butadiene rubber (SBR)?
  • What are the environmental considerations and regulatory impacts affecting the styrene butadiene rubber (SBR) market?
  • What technological innovations are having an impact on the production and application of styrene butadiene rubber (SBR)?
  • What are the key trends and innovations in the styrene butadiene rubber (SBR) market?
  • What are the challenges and opportunities faced by styrene butadiene rubber (SBR) manufacturers?
  • What are the potential risks and barriers to entry for new players in the styrene butadiene rubber (SBR) market?
  • What strategic investments and expansions have major players made in the styrene butadiene rubber (SBR) market?
  • How are geopolitical factors and international trade policies affecting the global styrene butadiene rubber (SBR) market?
  • What are the price trends for styrene butadiene rubber (SBR), and how are they expected to change?
  • How does the supply chain of styrene butadiene rubber (SBR) operate, and what are its key components?

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Key Assumptions
4    Global Styrene Butadiene Rubber (SBR) Market Analysis, In Volume (Thousand Tonnes)

    4.1    Global Styrene Butadiene Rubber (SBR) Historical Market (2018-2023) 
    4.2    Global Styrene Butadiene Rubber (SBR) Market Forecast (2024-2032)
    4.3    Global Styrene Butadiene Rubber (SBR) Market Supply Analysis, By Type 
        4.3.1    Emulsion SBR
            4.3.1.1    Company Wise Name Plate Capacity (2018-2032)
        4.3.2    Solution SBR
            4.3.2.1    Company Wise Name Plate Capacity (2018-2032)
    4.4    Global Styrene Butadiene Rubber (SBR) Market Production Analysis, By Type
        4.4.1    Emulsion SBR
            4.4.1.1    Production (2018-2032)
        4.4.2    Solution SBR
            4.4.2.1    Production (2018-2032)
    4.5    Global Styrene Butadiene Rubber (SBR) Market Demand Analysis, By Type 
        4.5.1    Emulsion SBR
            4.5.1.1    Demand Analysis and Forecast (2018-2032)
        4.5.2    Solution SBR
            4.5.2.1    Demand Analysis and Forecast (2018-2032)
    4.6    Global Styrene Butadiene Rubber (SBR) Market Demand Analysis, by Application
        4.6.1    Automotive Tires
            4.6.1.1    Demand Analysis and Forecast (2018-2032)
        4.6.2    Footwears
            4.6.2.1    Demand Analysis and Forecast (2018-2032)
        4.6.3    Gaskets and Hoses
            4.6.3.1    Demand Analysis and Forecast (2018-2032)
        4.6.4    Adhesives and Sealants
            4.6.4.1    Demand Analysis and Forecast (2018-2032)
        4.6.5    Conveyor Belts
            4.6.5.1    Demand Analysis and Forecast (2018-2032)
        4.6.6    Others
    4.7    Global Styrene Butadiene Rubber (SBR) Market by Region
        4.7.1    North America
            4.7.1.1    Demand Analysis and Forecast (2018-2032)
            4.7.1.2    Market by Type (2018-2032)
            4.7.1.3    Market by Application (2018-2032)
        4.7.2    Europe
            4.7.2.1    Demand Analysis and Forecast (2018-2032)
            4.7.2.2    Market by Type (2018-2032)
            4.7.2.3    Market by Application (2018-2032)
        4.7.3    Asia Pacific
            4.7.3.1    Demand Analysis and Forecast (2018-2032)
            4.7.3.2    Market by Type (2018-2032)
            4.7.3.3    Market by Application (2018-2032)
        4.7.4    Latin America
            4.7.4.1    Demand Analysis and Forecast (2018-2032)
            4.7.4.2    Market by Type (2018-2032)
            4.7.4.3    Market by Application (2018-2032)
        4.7.5    Middle East and Africa
            4.7.5.1    Demand Analysis and Forecast (2018-2032)
            4.7.5.2    Market by Type (2018-2032)
            4.7.5.3    Market by Application (2018-2032)
    4.8    Global Styrene Butadiene Rubber (SBR) Supply Demand Gap, By Region
        4.8.1    North America
            4.8.1.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.2    Europe
            4.8.2.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.3    Asia Pacific
            4.8.3.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.4    Latin America
            4.8.4.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.5    Middle East and Africa
            4.8.5.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
5    North America Styrene Butadiene Rubber (SBR) Market Analysis
    5.1    United States of America 
        5.1.1    Demand Analysis and Forecast (2018-2032)
        5.1.2    Demand Supply Gap
    5.2    Canada
        5.2.1    Demand Analysis and Forecast (2018-2032)
        5.2.2    Demand Supply Gap
6    Europe Styrene Butadiene Rubber (SBR) Market Analysis
    6.1    Germany 
        6.1.1    Demand Analysis and Forecast (2018-2032)
        6.1.2    Demand Supply Gap
    6.2    UK
        6.2.1    Demand Analysis and Forecast (2018-2032)
        6.2.2    Demand Supply Gap
    6.3    France
        6.3.1    Demand Analysis and Forecast (2018-2032)
        6.3.2    Demand Supply Gap
    6.4    Italy
        6.4.1    Demand Analysis and Forecast (2018-2032)
        6.4.2    Demand Supply Gap
    6.5    Spain
        6.5.1    Demand Analysis and Forecast (2018-2032)
        6.5.2    Demand Supply Gap
    6.6    Others
7    Asia Pacific Styrene Butadiene Rubber (SBR) Market Analysis
    7.1    China
        7.1.1    Demand Analysis and Forecast (2018-2032)
        7.1.2    Demand Supply Gap
    7.2    Japan
        7.2.1    Demand Analysis and Forecast (2018-2032)
        7.2.2    Demand Supply Gap
    7.3    India
        7.3.1    Demand Analysis and Forecast (2018-2032)
        7.3.2    Demand Supply Gap
    7.4    South Korea
        7.4.1    Demand Analysis and Forecast (2018-2032)
        7.4.2    Demand Supply Gap
    7.5    ASEAN
        7.5.1    Demand Analysis and Forecast (2018-2032)
        7.5.2    Demand Supply Gap
    7.6    Australia
        7.6.1    Demand Analysis and Forecast (2018-2032)
        7.6.2    Demand Supply Gap
    7.7    Others
8    Latin America Styrene Butadiene Rubber (SBR) Market Analysis
    8.1    Brazil
        8.1.1    Demand Analysis and Forecast (2018-2032)
        8.1.2    Demand Supply Gap
    8.2    Argentina
        8.2.1    Demand Analysis and Forecast (2018-2032)
        8.2.2    Demand Supply Gap
    8.3    Mexico
        8.3.1    Demand Analysis and Forecast (2018-2032)
        8.3.2    Demand Supply Gap
    8.4    Others
9    Middle East and Africa Styrene Butadiene Rubber (SBR) Market Analysis
    9.1    Saudi Arabia
        9.1.1    Demand Analysis and Forecast (2018-2032)
        9.1.2    Demand Supply Gap
    9.2    United Arab Emirates
        9.2.1    Demand Analysis and Forecast (2018-2032)
        9.2.2    Demand Supply Gap
    9.3    Nigeria
        9.3.1    Demand Analysis and Forecast (2018-2032)
        9.3.2    Demand Supply Gap
    9.4    South Africa
        9.4.1    Demand Analysis and Forecast (2018-2032)
        9.4.2    Demand Supply Gap
    9.5    Others
10    Growth Opportunities and Strategic Analysis 
    10.1    Supply Chain Analysis and Its Component  
    10.2    Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in the Last One Year and the Last one Quarter
    10.3    Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in Next One Year and the Next one
    10.4    Impact Analysis in Price and Demand after Force Majeure Events, and Plant Closures
    10.5    Environmental Considerations and Government Regulations 
    10.6    Technology Innovation and Its Impact on Production and Application
    10.7    Challenges and Opportunities Faced by Existing Manufacturers 
    10.8    Potential Risks and Barriers to Entry for New Players 
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Kumho Petrochemical Co., Ltd.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio and Major Grades
            11.2.1.3    Capacity by Location
            11.2.1.4    Expansion Plan
            11.2.1.5    Major Consumers
            11.2.1.6    Revenue from POI
            11.2.1.7    Technological Innovation and Sustainability
        11.2.2    Synthos Group
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio and Major Grades
            11.2.2.3    Capacity by Location
            11.2.2.4    Expansion Plan
            11.2.2.5    Major Consumers
            11.2.2.6    Revenue from POI
            11.2.2.7    Technological Innovation and Sustainability
        11.2.3    Group Dynasol
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio and Major Grades
            11.2.3.3    Capacity by Location
            11.2.3.4    Expansion Plan
            11.2.3.5    Major Consumers
            11.2.3.6    Revenue from POI
            11.2.3.7    Technological Innovation and Sustainability
        11.2.4    JSR Corporation
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio and Major Grades
            11.2.4.3    Capacity by Location
            11.2.4.4    Expansion Plan
            11.2.4.5    Major Consumers
            11.2.4.6    Revenue from POI
            11.2.4.7    Technological Innovation and Sustainability
        11.2.5    Asahi Kasei Corporation
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio and Major Grades
            11.2.5.3    Capacity by Location
            11.2.5.4    Expansion Plan
            11.2.5.5    Major Consumers
            11.2.5.6    Revenue from POI
            11.2.5.7    Technological Innovation and Sustainability
        11.2.6    LG Chem Ltd.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio and Major Grades
            11.2.6.3    Capacity by Location
            11.2.6.4    Expansion Plan
            11.2.6.5    Major Consumers
            11.2.6.6    Revenue from POI
            11.2.6.7    Technological Innovation and Sustainability
        11.2.7    LyondellBasell Industries N.V.
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio and Major Grades
            11.2.7.3    Capacity by Location
            11.2.7.4    Expansion Plan
            11.2.7.5    Major Consumers
            11.2.7.6    Revenue from POI
            11.2.7.7    Technological Innovation and Sustainability
        11.2.8    Lanxess AG
            11.2.8.1    Company Overview
            11.2.8.2    Product Portfolio and Major Grades
            11.2.8.3    Capacity by Location
            11.2.8.4    Expansion Plan
            11.2.8.5    Major Consumers
            11.2.8.6    Revenue from POI
            11.2.8.7    Technological Innovation and Sustainability
        11.2.9    Versalis S.P.A
            11.2.9.1    Company Overview
            11.2.9.2    Product Portfolio and Major Grades
            11.2.9.3    Capacity by Location
            11.2.9.4    Expansion Plan
            11.2.9.5    Major Consumers
            11.2.9.6    Revenue from POI
            11.2.9.7    Technological Innovation and Sustainability
        11.2.10    Michelin
            11.2.10.1    Company Overview
            11.2.10.2    Product Portfolio and Major Grades
            11.2.10.3    Capacity by Location
            11.2.10.4    Expansion Plan
            11.2.10.5    Major Consumers
            11.2.10.6    Revenue from POI
            11.2.10.7    Technological Innovation and Sustainability
        11.2.11    Bridgestone Corporation
            11.2.11.1    Company Overview
            11.2.11.2    Product Portfolio and Major Grades
            11.2.11.3    Capacity by Location
            11.2.11.4    Expansion Plan
            11.2.11.5    Major Consumers
            11.2.11.6    Revenue from POI
            11.2.11.7    Technological Innovation and Sustainability
        11.2.12    Reliance Industries Ltd.
            11.2.12.1    Company Overview
            11.2.12.2    Product Portfolio and Major Grades
            11.2.12.3    Capacity by Location
            11.2.12.4    Expansion Plan
            11.2.12.5    Major Consumers
            11.2.12.6    Revenue from POI
            11.2.12.7    Technological Innovation and Sustainability
12    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Styrene Butadiene Rubber (SBR) Market: Key Industry Highlights, 2018 and 2032
2.    Global Styrene Butadiene Rubber (SBR) Market Supply Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
3.    Global Styrene Butadiene Rubber (SBR) Market Production Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
4.    Global Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
5.    Global Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
6.    Global Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Region (Thousand Tonnes), 2018-2032
7.    Global Styrene Butadiene Rubber (SBR) Market Supply Demand Gap: Breakup by Region (Thousand Tonnes), 2018-2032
8.    North America Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
9.    North America Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
10.    North America Styrene Butadiene Rubber (SBR) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
11.    North America Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
12.    Europe Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
13.    Europe Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
14.    Europe Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
15.    Europe Styrene Butadiene Rubber (SBR) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
16.    Asia Pacific Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
17.    Asia Pacific Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
18.    Asia Pacific Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
19.    Asia Pacific Styrene Butadiene Rubber (SBR) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
20.    Latin America Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
21.    Latin America Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
22.    Latin America Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
23.    Latin America Styrene Butadiene Rubber (SBR) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
24.    Middle East and Africa Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
25.    Middle East and Africa Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
26.    Middle East and Africa Styrene Butadiene Rubber (SBR) Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
27.    Middle East and Africa Styrene Butadiene Rubber (SBR) Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
28.    Global Styrene Butadiene Rubber (SBR) Market Structure

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We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

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