Global Functionalized SSBR Market Growth 2025-2031

The global Functionalized SSBR market size is predicted to grow from US$ 1854 million in 2025 to US$ 2525 million in 2031; it is expected to grow at a CAGR of 5.3% from 2025 to 2031.

Functionalized SSBR is a high-performance rubber material mainly used in the preparation of high-performance tires. ‌ Functionalized SSBR improves the dispersion of fillers in the rubber by introducing polar groups into the styrene-butadiene rubber molecular chain, inhibits the disordered movement of the polymer chain ends and generates heat, and ultimately reduces tire rolling. resistance and improve wet skid resistance. This material has the advantages of high wear resistance, cold resistance, low rolling resistance, low heat generation and high rebound. It is an indispensable key core material for new energy tires.

In 2023, the market concentration of the functionalized SSBR industry is relatively high. Asahi Kasei is the largest player.

As for types, non-oil extended type accounts for a higher share, and it is expected to remain stable in the future.

As for applications, passenger car tire is the main application field of Functionalized SSBR. The growing trend toward automotive is a significant driver for the functionalized SSBR market.

China, US and Asia (excluding China) are the key consumption regions of functionalized SSBR, and the sales shares of these three regions accounted for more than 80% in 2023.

LP Information, Inc. (LPI) ' newest research report, the “Functionalized SSBR Industry Forecast” looks at past sales and reviews total world Functionalized SSBR sales in 2024, providing a comprehensive analysis by region and market sector of projected Functionalized SSBR sales for 2025 through 2031. With Functionalized SSBR sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Functionalized SSBR industry.

This Insight Report provides a comprehensive analysis of the global Functionalized SSBR landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Functionalized SSBR portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Functionalized SSBR market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Functionalized SSBR and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Functionalized SSBR.

This report presents a comprehensive overview, market shares, and growth opportunities of Functionalized SSBR market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Non-oil Extended Type
Oil Extended Type

Segmentation by Application:
Passenger Car Tires
Truck & Bus Tires
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Asahi Kasei
Synthos
ENEOS
Arlanxeo
Goodyear
Michelin
Kumho Petrochemical
Dynasol
Zeon
LG Chem
Versalis
Sibur
Bridgestone
TSRC
CNPC
Sinopec

Key Questions Addressed in this Report

What is the 10-year outlook for the global Functionalized SSBR market?

What factors are driving Functionalized SSBR market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Functionalized SSBR market opportunities vary by end market size?

How does Functionalized SSBR break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.