The Business Research Company’s Styrene Butadiene Rubber (SBR) Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, July 6, 2022 /EINPresswire.com/ -- According to ‘Styrene Butadiene Rubber (SBR) Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the styrene butadiene rubber (SBR) market size is expected to grow from $33.52 billion in 2021 to $35.59 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The global SBR market size is expected to grow to $44.31 billion in 2026 at a CAGR of 5.6%. Increased use of styrene-butadiene rubber in tire manufacturing contributed to the styrene butadiene rubber (SBR) market growth.
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The styrene-butadiene rubber market consists of sales of styrene-butadiene rubber and related services. Styrene-butadiene rubber is synthetic rubber derived from the co-polymers styrene and butadiene. These materials have good abrasion resistance and good aging stability when protected by additives.
Global Styrene Butadiene Rubber (SBR) Market Trends
Major companies in the styrene-butadiene rubber industry are increasingly investing in artificial intelligence (AI) to enhance decisions making abilities and thus drive profits. The companies in this industry gather huge amounts of raw data relating to the working of plants and other infrastructure through a large number of sensors placed across the production site. Using big data analytics the companies can detect sensible patterns which can allow them to quickly react to unwanted changes or potential defects, thus saving costs. AI allows companies to take better operational decisions.
Global Styrene Butadiene Rubber (SBR) Market Segments
The global SBR market is segmented:
By Product Type: Emulsion Type, Solution Type
By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Others
By Distribution Channel: Direct/Institutional Sales, Retail Sales, Others
By Geography: The global SBR market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global SBR market report at:
https://www.thebusinessresearchcompany.com/report/styrene-butadiene-rubber-SBR-global-market-report
Styrene Butadiene Rubber (SBR) Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides styrene butadiene rubber (SBR) market overviews, analyzes and styrene butadiene rubber (SBR) industry forecast market size and growth, styrene butadiene rubber (SBR) market share, styrene butadiene rubber (SBR) market segments and geographies, styrene butadiene rubber (SBR) market players, styrene butadiene rubber (SBR) market leading competitor revenues, profiles and market shares. The styrene butadiene rubber (SBR) market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Styrene Butadiene Rubber (SBR) Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Asahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, and SIBUR.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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