Emulsion Styrene Butadiene Rubber Market, By Product Type (Oil Extended E-SBR and Non-Oil Extended E-SBR), By Application (Tires & Tire Products, Footwear, Adhesives & Sealants, and Rubber Compounds, Others), By Manufacturing Process (Cold Emulsion SBR (Cold E-SBR) and Hot Emulsion SBR), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Nov 2024

Code : CMI3856

Pages :161

Formats :

Excel and PDF

Industry : Advanced Materials

Regional Analysis

Emulsion Styrene Butadiene Rubber Market Regional Insights

To learn more about this report, request sample copy

Regional Analysis: Global Emulsion Styrene Butadiene Rubber Market

Dominating Region: Asia Pacific

Asia Pacific is expected to dominate the overall market in 2024 with an estimated share of 28.4%. The region's industry-friendly policies and availability of raw materials at competitive prices have helped local as well as global players establish production hubs.

Fastest-Growing Region: North America

North America region exhibits the fastest growth, led by improving economic conditions in key markets like the U.S. and Canada. Growth initiatives by governments focused on upgrading public infrastructure have augmented North America’s consumption of emulsion styrene butadiene rubber in applications ranging from footwear to housing.

Emulsion Styrene Butadiene Rubber Market Outlook for Key Countries

China’s Leading Position in Tire Production and Consumption

China is one of the largest markets for E-SBR globally due to its position as the largest producer and consumer of tires. The automotive sector in China, especially the electric vehicle (EV) market, continues to grow, bolstering the demand for E-SBR.

Robust Automotive and Construction Industry and the Rise of EVs Drive E-SBR Adoption in the U.S.

The U.S. is one of the largest consumers of E-SBR, with demand largely driven by its robust automotive and construction sectors. Major tire manufacturers such as Goodyear and Bridgestone have a strong presence, fueling E-SBR demand for tire production. Additionally, the increasing shift toward electric vehicles (EVs) and infrastructure investments are further boosting the market, as E-SBR is crucial for high-performance and energy-efficient tires.

Automotive Growth and Infrastructure Investments Fueling Demand in India

India is a growing market for E-SBR, driven by a rapidly expanding automotive sector, especially in the two-wheeler and passenger vehicle segments. The country is also investing heavily in infrastructure, which boosts demand for rubber in the construction sector.

High Demand from Automotive and Construction Industries in Canada

Canada’s emulsion styrene butadiene rubber market, though smaller than the U.S., is projected to grow steadily, fueled by demand from its automotive and construction industries. With automotive manufacturing hubs in Ontario, Canada plays a key role in supplying vehicles for North American markets. Additionally, the country's focus on infrastructure development and sustainable practices in rubber products, including eco-friendly tires, supports moderate growth in the E-SBR sector.