Quantcast
Last updated on April 20, 2014 at 8:28 EDT

Styrene Butadiene Rubber (SBR) Market is Expected to Reach USD 18.9 Billion in 2018: Transparency Market Research

January 30, 2013

ALBANY, New York, January 30, 2013 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Styrene Butadiene Rubber (SBR) Market -
Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018,” the global SBR
demand was 4,600 kilo tons in 2011 and is expected to reach 6,754.8 kilo tons in 2018,
growing at a CAGR of 5.7% from 2012 to 2018. In terms of revenue, the market was valued at
USD 11.3 billion in 2011 and is expected to reach USD 18.9 billion in 2018, growing at a
CAGR of 7.1% from 2012 to 2018.

Browse the full report at

http://www.transparencymarketresearch.com/styrene-butadiene-rubber.html

The growth in the SBR market
[http://www.transparencymarketresearch.com/styrene-butadiene-rubber.html ] is primarily
driven by the increasing demand from the tire manufacturing industry, which is the largest
consumer of SBR. Increased automobile sales in major countries have played a key role in
increasing the demand for tires. In addition, the tire labeling regulations in countries
like Japan, Korea and the European Union have created huge demand for solution SBR
(S-SBR). However, volatility in raw material prices, especially butadiene prices,
continues to be a major inhibitor for the market.

The limited supplies of natural rubber coupled with the geographical constraints on
its production have created a huge crossover opportunity for SBR. The market in the next
five years would face a drastic shift towards production of S-SBR from E-SBR. The demand
for S-SBR is expected to outpace the supply in the next three years. Large corporations
have already begun work on installing new S-SBR plants that would help them gain market
share in view of the increasing demand.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/thermoplastic-elastomers.html

http://www.transparencymarketresearch.com/global-synthetic-and-bio-based-lubricants-market.html

http://www.transparencymarketresearch.com/russia-mdi.html

http://www.transparencymarketresearch.com/construction-equipment-market.html

http://www.transparencymarketresearch.com/teg-market.html

Styrene butadiene rubber is the most commonly consumed synthetic rubber and accounts
for over 45% of the global consumption. Tire manufacturing is the single largest
application segment for SBR and accounted for over 72% of the total SBR consumption in
2011. Footwear and construction are other applications of SBR that are expected to gain a
substantial market share over the next five years. The demand for SBR in footwear and
construction is expected to grow at CAGR of 6.4% and 6.0% respectively, from 2012 to 2018.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/excipients-market.html

http://www.transparencymarketresearch.com/global-oleochemicals-market.html

http://www.transparencymarketresearch.com/butanediol-butadiene-and-mek-market.html

http://www.transparencymarketresearch.com/water-treatment-chemicals-market.html

http://www.transparencymarketresearch.com/plastic-additives-market.html

Asia Pacific is the largest market for SBR followed by Europe and North America. Asia
Pacific accounted for 45.2% of the global demand in 2011 and is expected to grow at a CAGR
of 6.6% from 2012 to 2018. Along with being the largest market, Asia Pacific is also the
fastest growing market for SBR. The growing automobile industry in countries like India
and China is expected to propel the demand for tires over the next five years. Europe
however would grow at a comparatively moderate pace owing to the economic instability of
the region.

Key participants operating in the SBR market include Lanxess (Germany), Sinopec
(China), CNPC (China), Versalis (Italy), Dow Chemical Company (U.S.) and Synthos S.A
(Poland) among others. This study provides a detailed competitive landscape with company
share analysis and detailed profiles of companies mentioned above.

The report analyzes the global demand for styrene butadiene rubber in various
applications in terms of both volumes (kilo tons) and revenues (USD million) from 2010 to
2018. In addition, the study forecasts the demand for SBR in North America, Europe, Asia
Pacific and RoW. The report includes in depth analysis for each segment that would help in
making effective decisions. The report segments the global styrene butadiene rubber market
(SBR) as:

          i) SBR Market, by Application:
          ii) Tire
          iii) Footwear
          iv) Construction
          v) Polymer Modification
          vi) Adhesive
          vii) Others (hoses, conveyer belts, wire insulation etc)
          viii) Further, the report segments the SBR market into the following
          geographical regions based on applications mentioned above:
             - North America
             - Europe
             - Asia Pacific
             - Rest of World (RoW)

The report provides a cross-sectional analysis of all the above application segments
with respect to the following countries:

        - China
        - India
        - Japan
        - U.S.
        - Germany
        - Brazil

Browse all Chemical Industry Research
[http://www.transparencymarketresearch.com/chemical-market-reports-2.html ] Reports

Upcoming Reports in Chemical & Materials Market

Activated Carbon Market
[http://www.transparencymarketresearch.com/activated-carbon-market.html ]

Refinery Catalyst Market
[http://www.transparencymarketresearch.com/global-refinery-catalyst-market.html ]

Plasticizers Market
[http://www.transparencymarketresearch.com/global-plasticizers-market.html ]

Biocides Market [http://www.transparencymarketresearch.com/global-biocides-market.html
]

Agrochemicals Market
[http://www.transparencymarketresearch.com/agrochemical-market.html ]

Propane Market [http://www.transparencymarketresearch.com/propane-market.html ]

Medical Ceramics Market
[http://www.transparencymarketresearch.com/medical-ceramics-market.html ]

U.S. and Global Farm Tire Market
[http://www.transparencymarketresearch.com/us-and-global-farm-tire-market.html ]

Energy Efficient Materials Market
[http://www.transparencymarketresearch.com/energy-efficient-materials-market.html ]

Automotive Plastics Market
[http://www.transparencymarketresearch.com/automotive-plastics-market.html ]

About Us

Transparency Market Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of quantitative forecasting
and trends analysis provides forward-looking insight for thousands of decision makers. We
are privileged with highly experienced team of Analysts, Researchers, and Consultants, who
use proprietary data sources and various tools and techniques to gather, and analyze
information.

Our data repository is continuously updated and revised by a team of research experts,
so that it always reflects the latest trends and information. With a broad research and
analysis capability, Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research material for business
reports.

Contact

        Sheela AK
        90 Sate Street, Suite 700
        Albany, NY 12207
        Tel: +1-518-618-1030
        USA - Canada Toll Free: 866-552-3453
        Email: sales@transparencymarketresearch.com
        Visit: http://de.transparencymarketresearch.com
        Visit:  http://cirbrm.blogspot.nl
        Visit: http://www.transparencymarketresearch.com

SOURCE Transparency Market Research


Source: PR Newswire