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EMULSION STYRENE BUTADIENE RUBBER MARKET ANALYSIS

Emulsion Styrene Butadiene Rubber Market, by Product Type (Cold E-SBR, Hot Polymers, High Styrene Masterbatch, and Others), by Application (Automotive Tires, Adhesives & Sealants, Mechanical Goods, Industrial Rubber Parts (Hoses/Belts, Gaskets, and Seals), and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  • Published In : May 2020
  • Code : CMI3856
  • Pages :161
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

Emulsion Styrene Butadiene Rubber MarketSize and Trends

The global emulsion styrene butadiene rubber market is estimated to reach US$ 8,380.3 million by the end of 2027, exhibiting a CAGR of 4.0%, in terms of value over the forecast period, owing to increasing demand for emulsion styrene butadiene rubber from various end-use industries such as automotive, construction, and others.

The global emulsion styrene butadiene rubber market was valued at US$ 6,458.3 million in 2018, and is expected to exhibit a CAGR of 4.0%, in terms of revenue over the forecast period (2019-2027).

Figure 1. Global Emulsion Styrene Butadiene Rubber Market Share (%), By Region, 2018

Source: Coherent Market Insights, 2018

Among regions, Asia Pacific accounted for the largest market share in 2018, owing to increasing applications of E-SBR in manufacturing and automotive industry. The increasing manufacturing activities is expected to boost demand for E-SBR in the region. For instance, according to the World Bank data, in 2016, in China, the manufacturing sector constituted 28.96% of the country’s GDP, which increased and reached 29.41% in 2018.

Figure 2. Global Emulsion Styrene Butadiene Rubber Market, Revenue Share (%), By Product Type, 2018

Source: Coherent Market Insights, 2018

Among product type, cold E-SBR segment accounted for the largest market share, in terms of revenue in the global emulsion styrene butadiene market. Cold E-SBRs can be manufactured at about 5°C by free-radical emulsion polymerization of styrene and butadiene. Various advantages offered by Cold E-SBR is expected to drive demand for E-SBR over the forecast period. For instance, cold E-SBR have better resistance to abrasion, and also provides better tread wear, as compared to hot E-SBR. Apart from these properties, cold E-SBR exhibits superior mechanical properties such as tensile strength compared to grades manufactured by hot emulsion polymerization.

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