According to the ChemAnalyst report, “USA Styrene Butadiene Rubber (SBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade 2015-2032”, The Styrene Butadiene Rubber (SBR) market is likely to experience a significant increase by reaching 1500 thousand tonnes in 2032, at a steady CAGR of 5.14% in the upcoming years. The demand for Styrene Butadiene Rubber (SBR) is anticipated to grow in the forthcoming years because of the rising demand from end-use industries such as Tyres, Conveyor Belt, Shoe Sole, and Others.
Styrene Butadiene Rubber (SBR) is a synthetic polymer which is a copolymer of butadiene and styrene along with a catalyst. Although, pure SBR is not that durable and some additives need to provide good ageing stability. SBR is a multi-purpose synthetic rubber that finds applications in various industries such as automobile, polymers, adhesives, resins, and flooring. SBR is used in a variety of products, including rubberized insulators, conveyer belts, tennis balls, industrial components, car tyres, shoe soles, and much more.
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The market in the USA is primarily being driven by the need for SBR to manufacture tyres. It has a cross-linked structure, and is an abrasion-resistant alternative to natural rubber that is mostly used to make car tyres. SBR is a great material option for making tyres because of its crack resistance and temperature resistance. The Styrene Butadiene Rubber (SBR) market will most likely to grow during the projected period due to the increased demand in the automotive industry for the production of tyres for Heavy Commercial Vehicles (HCVs), passenger vehicles, conveyor belts, along with other uses such as shoe soles and moulded goods as a result of high number of consumers. In the upcoming years, it is anticipated that the scarcity of natural rubber will increase demand for SBR-based compounds such as SBR polymers, styrene butadiene rubber powder, styrene butadiene rubber latex, carboxylated styrene butadiene rubber, and others. Additionally, the growing demand for green tyres made from Styrene Butadiene Rubber (SBR) monomers obtained from bio-based resources, has a huge potential in future.
The Styrene Butadiene Rubber (SBR) market is segmented based on type, end-use, sales channel, and region. Based on type, the USA Styrene Butadiene Rubber (SBR) market is divided into Emulsion Styrene Butadiene Rubber and Solution Styrene Butadiene Rubber. The Emulsion Styrene Butadiene Rubber is dominating the market and finds application in various industries including adhesives, automobiles, and others.
Based on the end-use industry, USA Styrene Butadiene Rubber (SBR) market is segmented into Tyres, Conveyor Belt, Shoe Sole, and Others. Among these, The Tyre industry is the dominating the SBR market. In 2021, this sector accounted for roughly 80% of the demand and is anticipated to maintain its dominance over the forecast period.
Based on demand by region, the USA Styrene Butadiene Rubber (SBR) market is divided into West, Midwest, Northeast, Southwest, and Southeast. Among these regions, Southeast region is dominating the USA market. This need is mainly backed up by the application of SBR in various industries such as automotive, polymer, shoe soles, adhesives, and more. Moreover, Texas is the leading producer of SBR in USA with a capacity of nearly 60% of the total USA Styrene Butadiene Rubber (SBR) market.
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“USA Styrene Butadiene Rubber (SBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade 2015-2032”, the significant players functional in the Styrene Butadiene Rubber (SBR) market include USA Styrene Butadiene Rubber (SBR) are Goodyear Tire and Rubber, LANXESS AG, Lion Elastomers, Bridgestone Corporation, and others.
“The rapidly increasing demand of Styrene Butadiene Rubber (SBR) due to its crack-resistance, high tensile strength, and rolling- resistance to manufacture tyres for automotives is driving the USA Styrene Butadiene Rubber (SBR) market. SBR is a synthetic rubber which is employed as a replacement of rubber in a variety of industries such as the automotive, resin, polymer, footwear, and building & construction. It is anticipated that in the upcoming years, the surging demand of cars and trucks will propel the SBR market in USA. Furthermore, Styrene Butadiene Rubber (SBR) monomers obtained from bio-based resources to manufacture green tyres is another fragment with substantial potential in the forecast period till 2032.” “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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