Posts

Showing posts with the label Styrene-Butadiene Rubber Market Trends

Styrene-Butadiene Rubber Market 2024 Key Players, Emerging Technologies and Potential of Industry Till 2032

 Styrene-butadiene rubber (SBR) is a synthetic rubber made from the polymerization of styrene and butadiene. It is a versatile material with a wide range of applications, including tires, footwear, conveyor belts, hoses, and molded goods. SBR is the most widely produced synthetic rubber in the world, accounting for over half of the global synthetic rubber market. Market Size and Growth The global Styrene-Butadiene Rubber Market is expected to reach US$ 6.2898 billion by 2030, growing at a CAGR of 4.90% from 2023 to 2030. The growth of the SBR market is being driven by a number of factors, including: Increasing demand for tires in developing countries, especially in the Asia Pacific region Growing demand for high-performance tires with low rolling resistance and improved fuel efficiency Increasing use of SBR in other applications, such as footwear, conveyor belts, hoses, and molded goods Market Segmentation The SBR market can be segmented by type, application, and region. By type: Emu

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