Styrene Butadiene Rubber (SBR) Market Size &
Forecast Report, 2014 - 2025
The global Styrene Butadiene Rubber (SBR) Market size is expected to value at USD 9.9 billion by
2025. The market is subject to witness a substantial growth due to the rise in the demand for original
equipment manufacturer (OEM) tires from the automotive industry. Additionally, factors such as longer
life span of a tire and a shift in user preference toward high performing tires is expected to complement
the growth of styrene butadiene rubber industry over the forecast period.
Globally, the styrene butadiene rubber market is predicted to grow at a significant CAGR during the
forecast period, providing numerous opportunities for market players to invest in research and
development in the market. Rise in production of and demand for automobile across the globe is
expected to drive market growth in the years to come. Replacement of existing tire due to overuse is
estimated to augment market demand for styrene butadiene rubber (SBR) during the forecast period.
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Almost 70% of the styrene butadiene rubber (SBR), which is manufactured globally, is utilized for
production of tires. At present, synthetic rubber is increasingly replacing natural rubber (NR) in
numerous applications mainly due to its stability, and distinctive chemical composition. Moreover, the
limited supply of natural rubber is escalating price associated with the product. Thus, substituting
natural rubber by styrene butadiene rubber (SBR) has become vital in recent years.
Raw materials required for manufacturing styrene butadiene rubber (SBR) are styrene and butadiene.
Growing number of suppliers of these raw materials are present across the entire supply chain network,
involving petroleum refining to rubber & plastic manufacturing, thus driving market growth during the
forecast period. Styrene butadiene rubbe