Styrene Butadiene Rubber Market Size, Share, Trends, Industry Analysis Report: By Product, Application, and Region

Description

List of Tables

The global styrene butadiene rubber market size is expected to reach USD 81.93 billion by 2034, according to a new study by Polaris Market Research. The report "Styrene Butadiene Rubber (SBR) Market Size, Share, Trends, Industry Analysis Report: By Product, Application (Automotive, Polymer Modification, Catalyst for Chemical Reactions, Footwear, and Adhesives), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Styrene butadiene rubber (SBR) is a synthetic rubber derived from styrene and butadiene monomers. It is commonly used as an alternative to natural rubber and is the most widely produced general-purpose synthetic rubber. SBR has a wide range of applications, including in car tires, shoe soles and heels, drive couplings, automotive parts, and mechanical rubber goods. It offers several beneficial properties, such as mechanical resistance, water resistance, compression set resistance, tensile strength, resilience, and flexibility.

Strong demand in the automotive industry, of which tires are the most significant component, is the main driver of the growth in the worldwide styrene butadiene rubber (SBR) market. Since, SBR offers advantages over natural rubber in terms of cost and durability, making it a suitable alternative for footwear production. Additionally, technological advancements in production processes and formulations, improving the properties and performance of SBR, are key styrene butadiene rubber market drivers.

Changing consumer lifestyles, coupled with increased spending on modern commodity products, are increasing SBR consumption in several industries, including footwear, extruded rubber goods, industrial hoses, non-tire automotive applications, and other consumer goods. Increasing urbanization in developing countries, as well as rising personal disposable income among middle-income consumers, is helping the automobile industry's expansion thereby helping in styrene butadiene rubber market expansion.

Key Highlights of Styrene Butadiene Rubber Market Report

By product, the emulsion SBR (E-SBR) segment dominated the market with a 69.6% revenue share in 2024 due to its superior properties and lower production costs.

Based on application, the automotive segment dominated the market in 2024, driven by rising car ownership and increased automobile production.

North America dominated the global market with a 44.3% revenue share in 2024. The shift towards electric vehicles, which frequently require specialized tires and components, is driving the demand for high-quality SBR in the region.

The Asia Pacific styrene butadiene rubber is expected to register the highest CAGR during the forecast period. The region is experiencing significant growth in infrastructure projects, particularly in Southeast Asian countries where SBR is used in various construction applications.

A few of the key market players are Rockwood Lithium, Chemtura, AkzoNobel, Bridgestone, MICHELIN, LANXESS, JSR, China Petroleum & Chemical, Reliance Industries Limited, LG Chem, Zeon Corporation, Trinseo, Goodyear Rubber Company, and KUMHO PETROCHEMICAL.

Polaris Market Research has segmented the styrene butadiene market report on the basis of product, application, and region:

By Product Outlook (Revenue - USD Billion, 2020-2034)

Oil Extended
Butyl Lithium
Type 4
Non-Oil Extended
Emulsion SBR (E-SBR)
Solution SBR (S-SBR)
Phenyl Lithium
Others

By Application Outlook (Revenue - USD Billion, 2020-2034)

Automotive
Polymer Modification
Catalyst for Chemical Reactions
Footwear
Adhesives

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1496

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Styrene Butadiene Rubber Market Insights

4.1. Styrene Butadiene Rubber Market - Market Snapshot
4.2. Styrene Butadiene Rubber Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Demand Across Various Industries
  - 4.2.1.2. Regulatory and Sustainability Compliance
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Price Volatility of Raw Materials
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry Among Existing Firms (High)
4.4. PESTEL Analysis
4.5. Styrene Butadiene Rubber Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Styrene Butadiene Rubber Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
5.3. Oil Extended
- 5.3.1. Global Styrene Butadiene Rubber Market, by Oil Extended, by Region, 2020-2034 (USD Billion)
5.4. Butyl Lithium
- 5.4.1. Global Styrene Butadiene Rubber Market, by Butyl Lithium, by Region, 2020-2034 (USD Billion)
5.5. Type 4
- 5.5.1. Global Styrene Butadiene Rubber Market, by Type 4, by Region, 2020-2034 (USD Billion)
5.6. Non-Oil Extended
- 5.6.1. Global Styrene Butadiene Rubber Market, by Non-oil Extended, by Region, 2020-2034 (USD Billion)
5.7. Emulsion SBR (E-SBR)
- 5.7.1. Global Styrene Butadiene Rubber Market, by Emulsion SBR (E-SBR), by Region, 2020-2034 (USD Billion)
5.8. Solution SBR (S-SBR)
- 5.8.1. Global Styrene Butadiene Rubber Market, by Solution SBR (S-SBR), by Region, 2020-2034 (USD Billion)
5.9. Phenyl Lithium
- 5.9.1. Global Styrene Butadiene Rubber Market, by Phenyl Lithium, by Region, 2020-2034 (USD Billion)
5.10. Others
- 5.10.1. Global Styrene Butadiene Rubber Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Styrene Butadiene Rubber Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
6.3. Automotive
- 6.3.1. Global Styrene Butadiene Rubber Market, by Automotive, by Region, 2020-2034 (USD Billion)
6.4. Polymer Modification
- 6.4.1. Global Styrene Butadiene Rubber Market, by Polymer Modification, by Region, 2020-2034 (USD Billion)
6.5. Catalyst for Chemical Reaction
- 6.5.1. Global Styrene Butadiene Rubber Market, by Catalyst forChemical Reaction, by Region, 2020-2034 (USD Billion)
6.6. Footwear
- 6.6.1. Global Styrene Butadiene Rubber Market, by Footwear, by Region, 2020-2034 (USD Billion)
6.7. Adhesives
- 6.7.1. Global Styrene Butadiene Rubber Market, by Adhesives, by Region, 2020-2034 (USD Billion)

7. Global Styrene Butadiene Rubber Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Styrene Butadiene Rubber Market Assessment, by Geography, 2020-2034 (USD Billion)
7.3. Styrene Butadiene Rubber Market - North America
- 7.3.1. North America: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
- 7.3.2. North America: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.3.3. Styrene Butadiene Rubber Market - US
  - 7.3.3.1. US: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.3.3.2. US: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.3.4. Styrene Butadiene Rubber Market - Canada
  - 7.3.4.1. Canada: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
7.4. Styrene Butadiene Rubber Market - Europe
- 7.4.1. Europe: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
- 7.4.2. Europe: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.3. Styrene Butadiene Rubber Market - UK
  - 7.4.3.1. UK: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.4. Styrene Butadiene Rubber Market - France
  - 7.4.4.1. France: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.5. Styrene Butadiene Rubber Market - Germany
  - 7.4.5.1. Germany: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.6. Styrene Butadiene Rubber Market - Italy
  - 7.4.6.1. Italy: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.7. Styrene Butadiene Rubber Market - Spain
  - 7.4.7.1. Spain: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.8. Styrene Butadiene Rubber Market - Netherlands
  - 7.4.8.1. Netherlands: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.9. Styrene Butadiene Rubber Market - Russia
  - 7.4.9.1. Russia: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.4.10. Styrene Butadiene Rubber Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
7.5. Styrene Butadiene Rubber Market - Asia Pacific
- 7.5.1. Asia Pacific: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.3. Styrene Butadiene Rubber Market - China
  - 7.5.3.1. China: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.4. Styrene Butadiene Rubber Market - India
  - 7.5.4.1. India: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.5. Styrene Butadiene Rubber Market - Malaysia
  - 7.5.5.1. Malaysia: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.6. Styrene Butadiene Rubber Market - Japan
  - 7.5.6.1. Japan: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.7. Styrene Butadiene Rubber Market - Indonesia
  - 7.5.7.1. Indonesia: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.8. Styrene Butadiene Rubber Market - South Korea
  - 7.5.8.1. South Korea: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.9. Styrene Butadiene Rubber Market - Australia
  - 7.5.9.1. Australia: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.5.10. Styrene Butadiene Rubber Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
7.6. Styrene Butadiene Rubber Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.6.3. Styrene Butadiene Rubber Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.6.4. Styrene Butadiene Rubber Market - UAE
  - 7.6.4.1. UAE: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.6.5. Styrene Butadiene Rubber Market - Israel
  - 7.6.5.1. Israel: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.6.6. Styrene Butadiene Rubber Market - South Africa
  - 7.6.6.1. South Africa: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.6.7. Styrene Butadiene Rubber Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
7.7. Styrene Butadiene Rubber Market - Latin America
- 7.7.1. Latin America: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.7.3. Styrene Butadiene Rubber Market - Mexico
  - 7.7.3.1. Mexico: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.7.4. Styrene Butadiene Rubber Market - Brazil
  - 7.7.4.1. Brazil: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.7.5. Styrene Butadiene Rubber Market - Argentina
  - 7.7.5.1. Argentina: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)
- 7.7.6. Styrene Butadiene Rubber Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Styrene Butadiene Rubber Market, by Product, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Styrene Butadiene Rubber Market, by Application, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. AkzoNobel
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Bridgestone
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Chemtura
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. China Petroleum & Chemical
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Goodyear Rubber Company
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. JSR
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. KUMHO PETROCHEMICAL
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. LANXESS
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. LG Chem
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. MICHELIN
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Reliance Industries Limited
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. Rockwood Lithium
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
9.13. Trinseo
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
9.14. Zeon Corporation
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development