Styrene butadiene rubber (SBR) is a synthetic rubber produced by polymerization of styrene and butadiene. It is used for coating, building applications, polymer modification, etc.

A major factor driving growth of the global styrene butadiene rubber market is increasing demand for styrene butadiene rubber from tire industry. In addition, rising demand for styrene butadiene rubber from other industries such as construction, footwear, etc. is another factor propelling growth of the target market. A major factor restraining growth of the global styrene butadiene rubber market is fluctuating prices of raw materials.

The global market is segmented on the basis of product type, application, and region. On the basis of product type, the global market is segmented into emulsion and solution. The emulsion segment accounts for highest share and is expected to witness highest growth in the global market over the next 10 years.

On the basis of application, the global market is segmented into tire, footwear, polymer modification, adhesives, and others. The others segment includes construction, coatings, and electronics. The tire segment is expected to witness highest growth in terms of revenue in the global market over the forecast period.

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On the basis of region, the global styrene butadiene rubber market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific accounts for highest share in terms of revenue in the global market and is expected to witness highest growth during the forecast period. The North America market is expected to witness significant growth and is projected to register a CAGR of X.X% over the forecast period.

Some of the key players in the global styrene butadiene rubber market are China National Petroleum Corporation, Kumho Petrochemical Co., Ltd., Asahi Kasei Corporation, LANXESS, JSR Corporation, ZEON CORPORATION, The Goodyear Tire & Rubber Company, Bridgestone Corporation, Trinseo S.A., and Versalis SpA.