The Global SBR Rubber Compound Market size is projected to grow at a CAGR of 6.4% during the forecast period of 2021-2028. The growth of this market will be driven by factors such as rising demand for synthetic rubbers in various industries, growing environmental concerns, and increasing investments in new technologies among others.
SBR rubber or styrene-butadiene rubber compound is a type of synthetic elastomer. This elastomer can be blended with natural and other synthetic rubbers to achieve specific characteristics. In the tire industry, SBR compounds are used in different parts such as sidewalls, treads, etc. SBR rubber is also used in other areas such as shoe soles, hoses, adhesives, and many more. SBR rubber compound has the following features: Good resistance to oil and fuels, Adhesion properties with other rubbers, plastics, and metals, Good resistance to abrasion and tearing, Resistance to water, ozone, oxygen, and other atmospheric elements or compounds such as salt spray, High stiffness at low temperatures so it does not become too soft when exposed to heat. It also retains its flexibility over a wide temperature range which is good for the applications in cold weather conditions like winter seasons.
On the basis of Type, the global SBR rubber compound market is segmented into E-SBR and S-SBR.
E-SBR is a type of SBR that has EPDM rubber incorporated in it. The incorporation of EPDM enhances the tensile strength, tear-resistance, and abrasion resistance properties of the product making it more useful for end-users. It also increases its service life compared to conventional products. E-SBR is a styrene-butadiene rubber that serves as the base material for synthetic rubber. It has good abrasion resistance even at high temperatures, better wear & tear properties, and less noise generation during motion along with excellent anti-aging properties.
S-SBR rubber compound is styrene-butadiene rubber (Styrene Butadiene Rubber) It has the properties of high resilience and good abrasion resistance. S-SBR rubber compound is a blend of S-type and E-type rubbers. The main function of this type of rubber compound is that it exhibits high heat resistance, low coefficient friction as well as good mechanical properties at both high and low temperatures. It can be used in the automotive industry for production purposes such as tires & tubes, belts & hoses, etc.
On the basis of Application, the global SBR rubber compound market is segmented into Automotive Industry, Building & Construction industry, Wire& Cable, Footwear, and others.
On the basis of Region, the global SBR rubber compound market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In North America, the market status of the SBR rubber compound is expected to grow at a significant rate during 2021-2028. In Europe, the Asia Pacific, and the Middle East & Africa region is expected to have a significant growth in the SBR rubber compound market during the forecast period. In terms of consumption, Asia-Pacific dominated the global SBR rubber compound market with over 40% share in 2017 due to increasing demand from China and India.
SBR Rubber Compound Market is mainly driven by factors such as increasing crude oil prices which are leading to increased demand from various end-use industry verticals coupled with growing automobile production across the globe. Furthermore, due to the increasing usage of rubber products especially tires in automobiles fuel efficiency has become an important factor for automotive manufacturers this further leads towards growing tire productions globally thus driving the demand for synthetic rubbers like E-SBR and S-SBR types of SBR Rubber Compound globally.
Up Market Research published a new report titled “SBR Rubber Compound Market research report which is segmented by Types (E-SBR, S-SBR), By Applications (Automotive Industry, Building & Construction Industry, Wire & Cable, Footwear, Others), By Players/Companies Hexpol Compounding, PHOENIX Compounding, Cooper Standard, Hutchinson, Polymer-Technik Elbe, AirBoss of America, Chunghe Compounding, KRAIBURG Holding GmbH, Preferred Compounding, American Phoenix, Dyna-Mix, Guanlian, Condor Compounds GmbH, TSRC”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | SBR Rubber Compound Market Research Report |
By Type | E-SBR, S-SBR |
By Application | Automotive Industry, Building & Construction Industry, Wire & Cable, Footwear, Others |
By Companies | Hexpol Compounding, PHOENIX Compounding, Cooper Standard, Hutchinson, Polymer-Technik Elbe, AirBoss of America, Chunghe Compounding, KRAIBURG Holding GmbH, Preferred Compounding, American Phoenix, Dyna-Mix, Guanlian, Condor Compounds GmbH, TSRC |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 223 |
Number of Tables & Figures | 157 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type E-SBR, S-SBR and By Application Automotive Industry, Building & Construction Industry, Wire & Cable, Footwear, Others.
Some of the companies that are profiled in this report are:
SBR Rubber Compound Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the SBR Rubber Compound Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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