Europe Styrene Butadiene Rubber Market is Expected to Reach $2.5 Billion in 2018 - New Report by MicroMarket Monitor
(PRWEB) July 18, 2014 -- The Europe styrene butadiene rubber market report defines and segments the styrene butadiene rubber market in Europe with analysis and forecast of revenue.
Browse through the TOC of the Europe styrene butadiene rubber market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia Pacific styrene butadiene rubber market, and is supported by various tables and figures.
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Styrene-butadiene rubber (SBR) is one of the most versatile copolymer rubber compounds. It consists of the organic compound styrene and the chemical butadiene, with the amount of butadiene usually being about three times more than the amount of styrene. SBR is a stable synthetic that is resistant to abrasion. It is used in a wide variety of products, such as automobile tires, children's toys, shoe soles, and even chewing gum. Its particular advantages include excellent abrasion resistance, crack resistance, and generally better aging characteristics. Like natural rubber, SBR is swollen and weakened by hydrocarbon oils, and is degraded over time by atmospheric oxygen and ozone. However, the main effect of oxidation is the increased interlinking of the polymer chains in SBR. Therefore, unlike natural rubber, it tends to harden with age instead of softening.
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Europe styrene butadiene rubber (SBR) market has been valued at $2.3 billion in the year 2013, and is expected to grow at a CAGR of 1.1%. It is projected to reach $2.5billion by the end of the year 2018. Europe styrene butadiene rubber (SBR) market constituted 17.6% of the global styrene butadiene rubber (SBR) market, and is poised to grow its market share to 15.8% by the end of year 2018. Europe was the second-largest consumer of SBR in 2013 with the consumption being almost 1,000 kilo tons. The presence of large automobile manufacturing activities in countries such as Germany and Italy are expected to drive the demand in the region. The European Union tire labeling regulations are expected to boost the demand for SBR in particular over the next 3 years.
This Report covers the Asia Pacific SBR market which is segmented on basis of applications and geographies. The Asia-Pacific styrene butadiene rubber (SBR) market is applied in footwear, construction chemicals, polymer additives, and adhesive.
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The market report provides competitive intelligence on Styron Europe Gmbh Organizacni Slozka, Synthos S.A., Voronezhsintezkauchuk JSC, and CAROM SA.
The market is segmented on the basis of applications and regions. The major applications of SBR in Europe include footwear, construction chemicals, polymer additives, and adhesives.
There is a new section in the report providing benchmarking of the top players by strategic, operational, financial and sales/marketing.
Related Reports
North America Styrene Butadiene Rubber (SBR) Market
The North America Styrene Butadiene Rubber (SBR) Market has been pegged at $3.5 billion in the year 2013, growing at 1.6% annually and is projected to reach $3.8 billion by the end of the year 2018.The North America Styrene Butadiene Rubber (SBR) Market constitutes 26.6% of Global Styrene Butadiene Rubber (SBR) market and is poised to grow its market share to 24.4% by the end of year 2018.
The North America Styrene Butadiene Rubber (SBR) Market report provides benchmarking insight on the top players Goodyear Tire & Rubber Co., American Synthetic Rubber Company Llc, Ashland Inc, and Firestone Polymers Llc.
http://www.micromarketmonitor.com/market/north-america-styrene-butadiene-rubber-sbr-6738699992.html
Asia-Pacific Styrene Butadiene Rubber (SBR) Market
The Asia-Pacific styrene butadiene rubber (SBR) market had been valued at $6.4 billion in 2013, and is expected to grow at 4.5% annually, to reach $7.9 billion by 2018. The Asia-Pacific market constitutes 48.0% of the global styrene butadiene rubber (SBR) market and is poised to grow its market share to 51.0% by 2018. The market is segmented on basis of applications and geographies. The major applications of SBR include footwear, construction chemicals, polymer additives, and adhesives.
The market report provides competitive landscape of the top players. Under strategic benchmarking section, we will provide you their key developments along with the impacts including New Product development, M&A, strategic focus on any specific application, technology, geography.
http://www.micromarketmonitor.com/market/asia-pacific-styrene-butadiene-rubber-sbr-8971953595.html
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