Global Styrene Butadiene Rubber Market is Estimated to Reach $16,110 Million by 2019 – A Report by MicroMarket Monitor

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“Styrene Butadiene Rubber Market By Application (Tires, footwear, construction, polymer modification, adhesives, and others) & Geography — Global Trends, Forecasts to 2019”

MicroMarket Monitor

MicroMarket Monitor

Key Players of the global styrene butadiene rubber manufacturers such as The Dow Chemical Co. (U.S.), Lanxess AG (U.S.), Synthos S.A. (Poland), Goodyear Tire & Rubber Co. (U.S.), Ashland Inc. (U.S.), Nova Chemicals (Canada), Trinseo S.A. (U.S.).

The global styrene butadiene rubber market is significantly penetrating the end-use industries. They have different characteristics as per their manufacturing and application requirements in the end products. The Asia-Pacific region is expected to dominate this market with its growing demand for styrene butadiene rubber in different applications, especially in the tire, footwear, and construction industry. The Asia-Pacific and North American markets are estimated to display rising growth in the next five years with the allied industries expected to stabilize the overall business needs in respective regions.

Browse through the TOC of Global Styrene Butadiene Rubber Market for an analysis of industry trends and segments, with the help of various tables and figures.

The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of styrene butadiene rubber to match the new demands that come from various end-user industries. Styrene butadiene rubber with a concentration of 80% is dominant among all the grades of the polymers available, in terms of consumption and revenue, reasoned by its optimal cost to property.

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Asia-Pacific is the largest region, both in terms of volume and value, followed by North America and Europe. The key players in the global styrene butadiene rubber market are The Dow Chemical Co. (U.S.), Lanxess AG (U.S.), Synthos S.A. (Poland), Goodyear Tire & Rubber Co. (U.S.), Ashland Inc. (U.S.), Nova Chemicals (Canada), Trinseo S.A. (U.S.), Versalis S.p.A. (Italy), Formosa Chemicals & Fibre Corporation (Taiwan), Kumho Petrochemical Co. Ltd. (South Korea), and others.

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The demand for styrene butadiene rubber, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.

The current market value of the global styrene butadiene rubber market (2013) is about $13,245 million that is estimated to reach $16,110 million by 2019, to grow at a CAGR of 3.3%, from 2014 to 2019. High demand across the industries, such as tire, footwear, construction, polymer modification, adhesives, and other industries will increase the overall styrene butadiene rubber consumption.

Related Report:

Global High Density Polyethylene (HDPE) Market Research Report

This study on the high density polyethylene (HDPE) market estimates its global demand and value, and projects the same by 2019. As a part of the quantitative analysis, the high density polyethylene (HDPE) market is segmented by application and geography, with current market estimation and forecast till 2019. The segmentation by application includes film & sheet, blow molding, injection molding, pipe & extrusion, and others.

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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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