Styrene butadiene rubber is the most commonly used synthetic rubber and accounts for over 45% of the global consumption. Tire manufacturing is the single largest application segment for SBR and consumes over 75% of the SBR produced globally. The growth in the SBR market is primarily driven by the increasing demand from the tire manufacturing industry, which is the largest consumer of SBR. However, the volatility in the raw material prices, especially butadiene prices, has been a major inhibitor for the market.
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This report analyzes and estimates the global demand for styrene butadiene rubber (SBR) in terms of volume (kilo tons) and revenue (USD million) from 2012 to 2018. The report covers the drivers and restraints affecting the SBR market, along with the opportunities in the future. In addition, the report explains the impact of the drivers and restraints on the market over the forecast period. The study also provides a detailed analysis of the raw materials and their influence on the demand and price of SBR.
The study provides a comprehensive view of the SBR market by segmenting the market based on its applications. Each of these segments is analyzed by studying the current and future market scenarios, estimated for the period 2012 to 2018 in terms of volume (kilo tons) and revenue (USD million). The demand has been forecast for North America, Europe, Asia Pacific and Rest of World (RoW). The report also provides the consumption of SBR in various applications for China, India, Brazil, Japan, Germany and the US along with estimates for the forecast period.
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The report includes value chain analysis for better understanding of the supply chain of SBR from the raw material manufacturer to the end user. The study further analyzes the market using Porter’s five forces analysis.