(PRWEB) April 27, 2015 -- The European SBR market report analyzes the Europe SBR market with respect to market drivers, opportunities, and trends in different regions.
Browse through the TOC of Europe Styrene Butadiene Rubber (SBR) Market for an analysis of industry trends, segments & forecasts.
The European SBR market has significant market reach in major end-use industries. Russia and Germany are expected to dominate this market due to the growing demand for SBR in the tire, footwear, and rubber industries in the region. The Russian and German markets are estimated to show rising growth in the next five years, with allied industries expected to stabilize the overall business need in the respective regions.
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Russia is the largest region, both in terms of volume and value in the European SBR market, followed by Germany and Italy. The key players in the European SBR market are Lanxess (Cologne, Germany), Styron Europe (Poland), Synthos S.A. (Italy), Versalis International (U.S.).
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The Europe SBR market was estimated at $2,361.5 million in 2014 and is projected to reach $2,498.5 million by 2019, at a CAGR of 1.1%, during the forecast period. The high demand across industries, such as tire, footwear rubber, chemical, and other industries will increase the overall SBR consumption.
North America Styrene Butadiene Rubber Market
Styrene butadiene is a synthetic rubber produced through the polymerization process involving butadiene and styrene in the ratio of 3:1. SBR is commercially available as an emulsion (E-SBR) or a Solution (S)-SBR. E-SBR is more widely used than S-SBR. However, S-SBR is now preferred due to its favored properties for tires, the only largest application for SBR.
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