Styrene Butadiene Rubber (SBR) Market

Styrene Butadiene Rubber (SBR) Market Analysis, By Product Type (Emulsion Styrene Butadiene Rubber Market (E-SBR), Solution Styrene Butadiene Rubber Market (S-SBR), By Application (Tires, Footwear, Polymer Modification, Adhesives) - Global Forecast 2022 to 2032

Analysis of Styrene Butadiene Rubber (SBR) market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Styrene Butadiene Rubber (SBR) Market Outlook (2022-2032)

The global styrene butadiene rubber (SBR) market accounts for a value of US$ 9.8 billion currently, and the market is estimated to transcend to a valuation of US$ 16.38 billion by 2032. Demand for styrene butadiene rubber is projected to increase at a steady CAGR of 5.3% from 2022 to 2032.

Report Attributes


Styrene Butadiene Rubber (SBR) Market Size (2022)

US$ 9.8 Billion

Predicted Net Value (2032F)

US$ 16.38 Billion

Estimated Growth Rate (2022-2032)

5.3% CAGR

Asia Pacific SBR Market Share (2032)


Key Companies Profiled

  • Asahi Kasei
  • Bridgestone
  • China Petroleum & Chemical
  • JSR
  • Rockwood Lithium
  • AkzoNobel
  • Chemtura
  • Reliance Industries Limited
  • Zeon Corporation
  • LG Chem
  • Trinseo
  • Goodyear Rubber Company
  • Versalis S.p.A.

Increasing styrene-butadiene rubber consumption in the tire manufacturing industry is expected to prominently favor SBR market growth over the coming years. The tire application segment currently accounts for a valuation of US$ 4.44 billion.

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Styrene Butadiene Rubber Consumption Analysis (2017-2021) in Comparison to Growth Forecast (2022-2032)

The use of rubber has seen a substantial increase across industry verticals over the past few years, and this trend is expected to be rife over the forecast period as well. Consumption of styrene butadiene rubber rose at a CAGR of 3.8% from 2017 to 2021, and the market ended up with a net worth of US$ 9.46 billion in 2021.

Increasing demand for rubber in the automotive industry, rising sales of footwear with rubber soles, rapid industrialization in emerging economies, and increasing demand for high-performance lightweight tires are major factors that are projected to drive styrene butadiene rubber demand throughout the forecast period.

Limited availability of natural rubber is expected to propel the demand for SBR polymers, styrene butadiene rubber latex, styrene butadiene rubber powder, carboxylated styrene butadiene rubber, and other SBR products over the coming years. Rising demand for styrene butadiene rubber in the industrial sector is also expected to crucially guide the market trajectory through 2032.

However, volatility in the pricing of raw materials used for manufacturing SBR, especially butadiene, is expected to have a constraining effect on styrene butadiene rubber market growth.

Other factors such as limited availability of natural rubber and stringent government regulations to conserve the environment are also expected to slow down demand for styrene butadiene rubber through 2032.

Overall, the global SBR market is anticipated to exhibit expansion at a CAGR of 5.3% over the forecast period of 2022 – 2032.

Styrene butadiene rubber sbr market forecast by Fact.MR

Which Market Factor Majorly Drives Demand for Styrene Butadiene Rubber?

“Rising Sales of Vehicles Driving SBR Consumption in Tire Manufacturing”

Vehicle sales have gone up substantially over the past few years across the world, and this has subsequently increased the demand for tires as well. Styrene butadiene rubber is an important raw material in tire manufacturing, and hence, is expected to see a rise in demand over the years to come.

Increasing demand for lightweight tires for use in electric vehicles is also predicted to favor market growth through 2032. Demand for styrene-butadiene rubber in tire manufacturing is anticipated to be a major driver of overall market growth over the decade.

What is the Asia Pacific Styrene Butadiene Rubber Market Outlook?

“Asia Pacific Regional Market to Witness Fastest Growth”

The Asia Pacific styrene butadiene rubber market is projected to rise at a higher CAGR of 6.3% and end up at a market valuation of US$ 4.92 billion by the end of 2032.

Rapid industrialization and a flourishing automotive manufacturing sector in the region are expected to influentially drive the sales of styrene butadiene rubber through 2032.

China is expected to lead the demand for styrene butadiene rubber latex in the region, followed by Japan and India, which are also expected to provide new opportunities for market players in the years to come.

Fact.MR, a market research and competitive intelligence provider, has also analyzed other regions in this new styrene butadiene rubber market survey, which has been discussed in full detail in the report.

Country-wise Insights

Why is the United States Such an Important SBR Market?

“Increasing Sales of Vehicles & Rising Use of SBR in Several Industry Verticals”

The United States is the most lucrative market in the region of North America and is regarded as one of the most significant markets on a global scale as well. Increasing popularity of electric vehicles is expected to drive the overall sales of vehicles in the U.S., and this will subsequently drive demand for tires, which will, in turn, propel the sales of styrene butadiene rubber and styrene butadiene rubber latex over the coming years.

Moreover, the presence of major industries and industry players in the nation will further provide rewarding business opportunities to styrene butadiene rubber suppliers in the United States.

At present, the U.S. styrene butadiene rubber market accounts for a major share of 91% in the North American region, and demand in the U.S. is projected to rise at a steady CAGR of 5.1% through 2032.

What Business Opportunities Will China Offer for Styrene Butadiene Rubber Manufacturers?

“Presence of Robust Manufacturing & Automotive Industries to Provide Beneficial Market Opportunities”

Styrene butadiene rubber suppliers are anticipated to witness highly rewarding opportunities in China owing to the presence of a flourishing automotive industry and supportive initiatives to boost manufacturing sector growth. Increasing investments from private investors as well as the government are also expected to create a lucrative backdrop for styrene butadiene rubber market growth in China over the coming years.

Increasing sales of vehicles in the nation and increasing industrialization are also expected to positively influence styrene butadiene rubber consumption through 2032.

Demand for styrene butadiene rubber is projected to expand at a CAGR of 6.7% throughout the forecast period and China is anticipated to account for a revenue total of US$ 2.29 billion by 2032.

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Category-wise Insights

How is the Emulsion Styrene Butadiene Rubber Market Expected to Perform Going Forward?

“Demand for Emulsion SBR to Overall SBR Market Growth”

At present, demand for emulsion SBR accounts for a market revenue of US$ 5.63 billion, and this segment is anticipated to hold a major market share of 59.4% in the global styrene butadiene rubber industry.

On the other hand, demand for solution SBR is projected to rise at a CAGR of 4.8% and end up at an estimated market worth of US$ 6.64 billion by the end of 2032.

Which SBR Application is Anticipated Drive High SBR Market Growth?

“SBR Usage in Tires Projected to Account for Major Revenue Share”

The styrene butadiene rubber market, based on application, is segmented into tires, footwear, polymer modification, adhesives, and other applications. The tires segment currently accounts for a dominant market share and is expected to maintain this stance throughout the forecast period.

Sales of vehicles have risen across the world and this trend is expected to be prevalent over the forecast period as well. As demand for vehicles increases so does the demand for tires which in turn drives styrene butadiene rubber shipments.

Styrene butadiene rubber is a crucial component in tire manufacturing and production and increasing demand for tires will further bolster the styrene butadiene rubber market potential over the coming years.

Demand for styrene butadiene rubber in tire manufacturing applications is projected to rise at a CAGR of 5.6% and account for a revenue of US$ 7.66 billion by 2032.

COVID-19 Pandemic Analysis

The styrene butadiene rubber market experienced a negative growth trend with the onset of the pandemic of 2020 that originated in China. Lockdowns were imposed across nations to curb the spread of infections, which resulted in the closure of various factories due to a shortage of skilled workforce and raw materials as international trade activity was hampered.

The styrene butadiene rubber market is making a steady recovery in the post-pandemic era as all industries have resumed their business operations as usual. Demand for SBR in tire manufacturing is expected to be a prominent area of focus for styrene butadiene rubber suppliers in the post-pandemic world.

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Competitive Landscape :

Styrene butadiene rubber manufacturers are focusing on creating sustainable butadiene to save their business from being hampered by stringent government mandates that curb the use of chemical manufactured butadiene across various regions.

SBR suppliers are focusing on achieving sustainability in their business models to better fit into the increasingly popular circular economy trends.  

  • In November 2021, Asahi Kasei, a Japanese multinational chemical firm, announced that it would start producing butadiene by sustainable means through the utilization of plastic waste and biomass. This sustainable butadiene was announced to be supplied to Shell Eastern Petroleum from Asahi Kasei’s plant in Singapore.

Key Segments Covered in Styrene Butadiene Rubber Industry Research

  • SBR Market by Product Type :

    • Emulsion Styrene Butadiene Rubber Market (E-SBR)
    • Solution Styrene Butadiene Rubber Market (S-SBR)
  • SBR Market by Application :

    • Tires
    • Footwear
    • Polymer Modification
    • Adhesives
    • Other Applications
  • SBR Market by Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

- FAQs -

Currently, the global styrene butadiene rubber (SBR) market stands at US$ 9.8 billion.

The styrene butadiene rubber market is slated to achieve a valuation of around US$ 16.38 billion by 2032.

The market for styrene butadiene rubber is expected to expand at a CAGR of 5.3% from 2022 to 2032.

SBR application in tire manufacturing is predicted to hold a major market share of 46.8% by the end of 2032.

The Asia Pacific SBR market is expected to evolve at a CAGR of 6.3% and reach US$ 4.92 billion by 2032.

Key styrene butadiene rubber manufacturers are Asahi Kasei, ARLANXEO, Bridgestone, LANXESS, MICHELIN, China Petroleum & Chemical, JSR, Rockwood Lithium, AkzoNobel, Chemtura, Reliance Industries Limited, Zeon Corporation, LG Chem, and Trinseo.

Styrene Butadiene Rubber (SBR) Market

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