Global Styrene Butadiene Rubber (SBR) Market: Trends and Opportunities (2013-2018)
The report titled “Global Styrene Butadiene Rubber (SBR) Market: Trends & Opportunities (2013-2018)” provides an in-depth analysis of the global SBR market with detailed analysis of emulsion and solution SBR. It also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. The report provides detailed regional analysis of major regional markets like Asia, Europe, the Middle East and Africa (EMEA) and North America. Growth of the overall SBR industry and of sub-types emulsion and solution SBR has also been forecasted for the period 2013-18, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Further, key players of the industry like LANXESS AG, Sinopec Corporation and Korea Kumho Petrochemical Co. Ltd. (KKPC) are profiled.
Europe, the Middle East and Africa (EMEA)
Korea Kumho Petrochemical Co. Ltd. (KKPC)
Styrene butadiene rubber (SBR) is a copolymer derived from styrene and butadiene. The first major synthetic rubber produced globally, SBR has better processability, heat aging and abrasion resistance ability in comparison to its counterparts. These features have widened the use of this elastomer in diverse industries like automobiles, footwear, civil construction, plastics, hospital materials and other crucial sectors. SBR and BR are most widely consumed variety of synthetic rubber as these are most commonly used in the production of tyres. SBR is of majorly two types Emulsion SBR (E-SBR) and Solution SBR (S-SBR), based on difference in their manufacturing process.
SBR is primarily used for manufacturing of automobile tyres. Rapid growth of automobile ownership particularly in developing countries, demand for high performance tyres and advent of tyre labeling legislation are driving the growth of global SBR industry. However, volatility in prices of main raw material like butadiene, overcapacity of SBR plants in certain economies, reduction in sales of automobile in eurozone, etc. are impeding industry’s growth potential. Major trends prevailing in the global SBR industry are advent of green tyres, tyre labeling and large number of SBR producers ensuring butadiene supplies.