Styrene Butadiene Rubber Market Size 2023 – Volume, Value, Price and Forecast till 2030
Market Overview The global styrene-butadiene rubber market could cross more than USD 6652 Million by 2030, stipulates Market Research Future (MRFR). It is slated to obtain a CAGR of over 7% during the forecast period (2023–2030). Get Sample @ https://www.marketresearchfuture.com/sample_request/1050 Growth Boosters and Key Barriers Styrene-butadiene rubber (SBR) is generally used in similar applications as natural rubber/ isoprene rubber (NR/IR) elastomers. The primary applications of SBR are haul-off pads, drive couplings, shoe soles and heels, conveyor belts, roll coverings, adhesives, and car tires along with various types of molded rubber goods. Some of the growth-inducing factors in the SBR market include the surge in automobile production and the mounting demand for electric cables insulation. These factors are backed by the rise in urbanization across various regions. This gives rise to the per capita disposable income, especially in the emerging nations, which could stimulate