Styrene Butadiene Rubber (SBR) Markets: Worldwide Analysis (2017-2023), Expecting to Register a CAGR of ~3%

News provided by

Dec 07, 2018, 09:15 ET

DUBLIN, Dec. 7, 2018 /PRNewswire/ --

The "The Global Styrene Butadiene Rubber (SBR) Market" report has been added to ResearchAndMarkets.com's offering.

According to a recently conducted research about the global Styrene Butadiene Rubber (SBR) market, as an overall, it is projected to reach approximately 9,207 thousand tons by the end of 2023, increasing at a CAGR of around 3% per year in the period 2017-2023.

The report focuses on both product and regional breakdown, offering a larger perspective on the market dynamics. Although SBR is predominantly used for the production of car tires, the analysis considers the application of SBR across various industries.

In particular, the largest share of SBR consumption is for the production of car tires, which accounted for around 30% of the total in volume terms. Meanwhile, the chemical's application for conveyer belts has been growing with the highest rate of about 4.06% per year.

Regionally, the largest global SBR market was North East Asia, which accounted for about 40% of the total in volume terms. In comparison, Africa was the smallest global SBR market during the analyzed period, which, however, is expected to change in the medium term.

Due to the large amount of SBR, which goes for the manufacture of tires and tire products, SBR consumption is highly dependent on the automotive industry and tire sectors as a whole.

One of the major trends on the global SBR market is linked with the introduction of tire labeling standards in the automotive industry. The introduction of a tire label in the EU has prompted a series of research initiatives into advanced materials, which led to more advanced S-SBR technology.

Another emerging trend on the global SBR market is connected with sustainability and environmental concerns, which lead to development of bio-based products and, in particular, bio-rubber by using bio-butadiene (bio-BD).

Regionally, one of the latest concerns on the Indian market is linked with the imposed antidumping duties (ADDs) on SBR of 1500 and 1700 series imported from the European Union, Thailand and South Korea, for a period of five years.

What is more, the US also began anti-dumping investigations in July 2016 and subsequently issued preliminary final rates for cash deposit collections on imports from Mexico, Brazil, South Korea and Poland in July 2017.

Key Topics Covered

1. Introduction
2. Executive Summary
3. Characteristics of SBR
4. State of the Global Demographics and Economy
5. Overview and Analysis of the Global SBR Market
6. Overview and Analysis of the Global Production of SBR
7. Characteristics and Analysis of the Global Prices of SBR
8. Overview and Analysis of the Global Imports of SBR
9. Overview and Analysis of the Global Exports of SBR
10. Balance Between Supply and Demand on the Global SBR Market

Companies Featured

Egyptian Styrenics
Tahrir Petrochemicals
Ineos Styrolution
Synthos Kralupy
Total Petrochemicals
BASF
Synthos Dwory
Nizhnekamskneftekhim
Sadaf
Americas Styrenics
Cos-Mar
Shell Canada Ltd.
Pemex Petroquimica
Abel Chemical
Anhui Haoyuan Chemical
BASF-YPC
China Nat. Offshore Oil Co
Cnooc And Shell Pc
Cnooc Ningbo Daxie Pc
Dagu Chemical
Daqing Zhonglan Pc
Fujian Gulei Petrochemical
Shandong Yuhuang Chemical
Shanghai Secco Pc
Sp Chemicals (Taixing)
Tangshan Risun Chemical
Chiba Styrene M.
Hanwha- Total Pc
LG Chemical
Lotte Chemical
Sk Global Chemical
Yeochun Ncc
Shell Chemicals Seraya
IRPC
and many more...

For more information about this report visit https://www.researchandmarkets.com/research/qhzk6b/styrene_butadiene?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets