The Global Styrene Butadiene Rubber (SBR) Market - Outlook to 2023 - ResearchAndMarkets.com

November 26, 2018

DUBLIN--(BUSINESS WIRE)--Nov 26, 2018--The “The Global Styrene Butadiene Rubber (SBR) Market” report has been added to ResearchAndMarkets.com’s offering.

According to a recently conducted research about the global Styrene Butadiene Rubber (SBR) market, as an overall, it is projected to reach approximately 9,207 thousand tons by the end of 2023, increasing at a CAGR of around 3% per year in the period 2017-2023. The report focuses on both product and regional breakdown, offering a larger perspective on the market dynamics. Although SBR is predominantly used for the production of car tires, the analysis considers the application of SBR across various industries.In particular, the largest share of SBR consumption is for the production of car tires, which accounted for around 30% of the total in volume terms. Meanwhile, the chemical’s application for conveyer belts has been growing with the highest rate of about 4.06% per year.Regionally, the largest global SBR market was North East Asia, which accounted for about 40% of the total in volume terms. In comparison, Africa was the smallest global SBR market during the analyzed period, which, however, is expected to change in the medium term.Due to the large amount of SBR, which goes for the manufacture of tires and tire products, SBR consumption is highly dependent on the automotive industry and tire sectors as a whole.One of the major trends on the global SBR market is linked with the introduction of tire labeling standards in the automotive industry. The introduction of a tire label in the EU has prompted a series of research initiatives into advanced materials, which led to more advanced S-SBR technology.Another emerging trend on the global SBR market is connected with sustainability and environmental concerns, which lead to development of bio-based products and, in particular, bio-rubber by using bio-butadiene (bio-BD).Regionally, one of the latest concerns on the Indian market is linked with the imposed antidumping duties (ADDs) on SBR of 1500 and 1700 series imported from the European Union, Thailand and South Korea, for a period of five years.What is more, the US also began anti-dumping investigations in July 2016 and subsequently issued preliminary final rates for cash deposit collections on imports from Mexico, Brazil, South Korea and Poland in July 2017.

Key Topics Covered

1. Introduction

2. Executive Summary

3. Characteristics of SBR

4. State of the Global Demographics and Economy

5. Overview and Analysis of the Global SBR Market

6. Overview and Analysis of the Global Production of SBR

7. Characteristics and Analysis of the Global Prices of SBR

8. Overview and Analysis of the Global Imports of SBR

9. Overview and Analysis of the Global Exports of SBR

10. Balance Between Supply and Demand on the Global SBR Market

Companies Featured

Egyptian StyrenicsTahrir PetrochemicalsIneos StyrolutionSynthos KralupyTotal PetrochemicalsBASFSynthos DworyNizhnekamskneftekhimSadafAmericas StyrenicsCos-MarShell Canada Ltd.Pemex PetroquimicaAbel ChemicalAnhui Haoyuan ChemicalBASF-YPCChina Nat. Offshore Oil CoCnooc And Shell PcCnooc Ningbo Daxie PcDagu ChemicalDaqing Zhonglan PcFujian Gulei PetrochemicalShandong Yuhuang ChemicalShanghai Secco PcSp Chemicals (Taixing)Tangshan Risun ChemicalChiba Styrene M.Hanwha- Total PcLG ChemicalLotte ChemicalSk Global ChemicalYeochun NccShell Chemicals SerayaIRPCand many more...

For more information about this report visit https://www.researchandmarkets.com/research/68wk7m/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181126005586/en/

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Related Topics:Rubber



SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/26/2018 12:08 PM/DISC: 11/26/2018 12:08 PM


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