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Global Styrene-butadiene Rubber (SBR) Market Size, Share, Forecast, Analysis, Industry Report to 2025

Feb 28th 2020 at 2:05 AM

Global Styrene-butadiene Rubber (SBR) market is expected to show a lucrative growth rate during the forecast period. SBR hold the largest application in the synthetic rubber market as it has wide application in various industry verticals, especially in tire manufacturing in the automotive segment. However, the unstable crude price at the international market is one of the major restraints to the market.  The downfall of the automotive market in 2019 is slowing the demand for tires from OEMs (Original Equipment Manufacturers). The global SBR market is studied on the basis of end-user. By end-user, the market is further divided into tires & other automobile components, industrial application, footwear, household, and others. Tires and other automobile components will hold the major market share during the forecast period.

Request a Free Sample of our Report on Global Styrene-butadiene Rubber (SBR) Markethttps://www.omrglobal.com/request-sample/styrene-butadiene-rubber-market

Geographically, the market is segmented into North America, Europe, Asia-Pacific and the Rest of the World. During the forecast period, Asia-Pacific is expected to hold the major market share with a significant growth rate. The major factor for the significant market in the region includes the high demand for SBR due to the automotive market in countries such as China, Japan, India, and South Korea. Moreover, the region is a hub for consumer electronics manufacturing which is also expected to create a significant demand for the market. Europe is expected to hold the second-largest market share owing to the significant production of the vehicle in Germany, UK, Spain France, and Italy. In North America, the US will hold a major market share whereas in the Rest of World countries such as Brazil, South Africa, UAE are expected to hold a significant market share during the forecast period.

A full Report of Global Styrene-butadiene Rubber (SBR) Marketis Available at: https://www.omrglobal.com/industry-reports/styrene-butadiene-rubber-market

Global Styrene-butadiene Rubber (SBR) MarketSegmentation

By End-User

  • Tires & other automobile components
  • Industrial Application
  • Footwear
  • Household
  • Others (Electronics)

Regional Analysis

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • Rest of Asia-Pacific

Rest of the World

Company Profiles

  • Asahi Kasei Corp.
  • Bridgestone Corp.
  • Exxon Mobil Corp.
  • JSR Corp.
  • Kuraray Co., Ltd.
  • LG Chem, Ltd.
  • Reliance Industries Ltd.
  • SABIC
  • Sumitomo Chemical Co., Ltd.
  • The Dow Chemical Co.
  • The Goodyear Tire & Rubber Co.
  • The Michelin Group
  • TSRC Corp.
  • Ube Industries, Ltd.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/styrene-butadiene-rubber-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +1 646-755-7667, +91 780-304-0404

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