| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 14.39 Billion |
| Market Size (2030) | USD 17.40 Billion |
| CAGR (2025 - 2030) | 3.86 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Styrene Butadiene Rubber (SBR) Market Analysis
The Styrene Butadiene Rubber Market size is estimated at USD 14.39 billion in 2025, and is expected to reach USD 17.40 billion by 2030, at a CAGR of 3.86% during the forecast period (2025-2030).
COVID-19 negatively impacted the styrene butadiene rubber market. Lockdown measures, factory closures, and restrictions on transportation hampered the movement of goods and affected the availability of SBR and its feedstock materials. As lockdowns were lifted, the increased demand for goods and services led to a rebounding demand for SBR used in various applications.
- Increasing sales of natural rubber and SBR crossover products and the rise in demand for SBR from the adhesives and sealants industry are the significant drivers expected to drive the styrene butadiene rubber market.
- On the flip side, fluctuation in the volatile raw materials and the substitution by sustainable materials are expected to hinder the growth of the market.
- Innovation in performance additives and the increasing demand from infrastructure development projects are expected to provide opportunities to the styrene butadiene rubber market.
- The Asia-Pacific region dominated the styrene butadiene market and is projected to retain its dominance over the forecast period.
Styrene Butadiene Rubber (SBR) Market Trends
Adhesives Segment to Dominate the Market
- SBR offers a balance of properties, including good adhesion, durability, and flexibility, making it suitable for formulating a wide range of adhesives for diverse applications. SBR-based adhesives can bond to various substrates, including metals, plastics, wood, paper, and textiles, making them versatile and applicable in many industries.
- SBR-based adhesives offer excellent adhesion to various surfaces, providing strong and durable bonds in packaging, construction, automotive, footwear, and woodworking applications. SBR's ability to form cohesive and adhesive bonds contributes to its dominance in the adhesive segment.
- Styrene butadiene rubber has been applied to improve the properties of tires. It helps reduce rolling resistance and increases fuel efficiency. It also improves tire wet grip and braking performance. In addition, it protects the tire from wear and tear to prolong its life.
- According to the estimate released by the US Tire Manufacturers Association, about 6.3 million original equipment and 23.1 million replacement truck tires were shipped to the United States in 2022.
- Furthermore, according to the Bureau of Labor Statistics estimate, the US producer price index for passenger car pneumatic tires was 180.2 index points at the end of 2022.
- The construction and packaging industries are significant consumers of SBR-based adhesives for bonding carpets, tiles, laminates, tapes, labels, and packaging materials. The demand for SBR-based adhesives is projected to rise as these industries keep growing worldwide, strengthening the dominance of the adhesive segment in this market.
- In 2022, the value of new building projects in current prices increased by 15.8% to a record high of GBP 132,989 million (USD 168,060.19 million) in Great Britain. This is due to increased private and public sector employment of GBP 14,093 million (USD 17809.54 million) and GBP 4,068 million (USD 5118.05), respectively.
- This increase in demand for styrene butadiene rubber, which will help the market grow during the upcoming period, is a result of these factors.
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Asia-Pacific to Dominate the Market
- Asia-Pacific is home to a wide range of industries that are significant consumers of SBR, including automotive, construction, footwear, textiles, and packaging. The region's rapid industrialization, urbanization, and economic growth drive demand for SBR-based products in various applications, such as tires, conveyor belts, adhesives, shoe soles, and asphalt modifiers.
- Asia-Pacific, particularly China, is a central manufacturing hub for synthetic rubber production, including SBR. The region benefits from abundant feedstock availability, well-established petrochemical infrastructure, and competitive manufacturing costs, making it attractive for SBR production. China, in particular, accounts for a significant share of global SBR production capacity.
- According to the estimate released by the China Automotive Association Manufacturers (CAAM), in China, about 23.56 million passenger cars and 3.3 million commercial vehicles were sold in 2022.
- According to the estimate released by the Society of Indian Automobile Manufacturers, in 2022, India became the world's biggest producer of two wheels. This segment has also dominated the country's market. More than 15.8 million units of two-wheelers were sold domestically in South Asian countries during the financial year 2022.
- Asia Pacific is a significant producer and consumer of footwear and textiles, extensively using SBR-based materials. SBR is commonly used in shoe soles, heels, and athletic footwear due to its durability, abrasion resistance, and flexibility. The region's growing population and increasing disposable incomes drive demand for SBR-based footwear and textiles.
- India is the second largest footwear producer after China, with around 219 million pairs of footwear produced during FY 2022.
- Thus, the abovementioned factors are expected to increase the demand for styrene butadiene rubber, majorly from the Asia-Pacific region.
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Styrene Butadiene Rubber (SBR) Industry Overview
The styrene butadiene rubber (SBR) market is consolidated among the top players. The key players include Asahi Kasei Corporation, Arlanxeo, Lanxess, Versalis SpA, and LG Chem, among others.
Styrene Butadiene Rubber (SBR) Market Leaders
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Asahi Kasei Corporation
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Versalis S.p.A.
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ARLANXEO
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LG Chem
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LANXESS
- *Disclaimer: Major Players sorted in no particular order
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Styrene Butadiene Rubber (SBR) Market News
- December 2023: Synthos signed a Memorandum of Understanding (MOU) with Kumho Tire - a leading South Korean tire manufacturer. This collaboration is intended to develop sustainable raw materials for tires.
- April 2023: Hainan Baling Chemical New Material Co. Ltd, a subsidiary of China Petroleum & Chemical Corporation, started the production of production of its styrene-butadiene copolymer (SBC) in Hainan, China. This is intended to produce 170,000 tons of SBR annually. The company invested USD 279.74 million in this project.
Styrene Butadiene Rubber (SBR) Industry Segmentation
Styrene butadiene rubber (SBR) is a synthetic rubber copolymer derived from the polymerization of styrene and butadiene. It is one of the majorly widely used synthetic rubbers because of its excellent abrasion resistance, good aging properties, and high resilience. SBR offers a balance of properties, making it suitable for various applications across various industries.
The styrene butadiene rubber market is segmented by type, application, and geography. By type, the market is segmented into emulsion SBR and solution SBR. The market is segmented by application into tires, adhesives, footwear, and other applications (construction materials). By geography, the market is segmented into Asia-Pacific, North America, Europe, South America, and Middle East & Africa. The report also covers the market size and forecasts for the styrene butadiene rubber market in 27 countries across major regions. The market sizing and forecasts are made for each segment based on revenue (USD).
| By Type | Emulsion SBR | ||
| Solution SBR | |||
| By Application | Tyres | ||
| Adhesives | |||
| Footwear | |||
| Other Applications (Construction Materials) | |||
| By Geography | Asia-Pacific | China | |
| India | |||
| Japan | |||
| South Korea | |||
| Thailand | |||
| Malaysia | |||
| Vietnam | |||
| Indonesia | |||
| Rest of Asia-Pacific | |||
| North America | United States | ||
| Canada | |||
| Mexico | |||
| Europe | United Kingdom | ||
| France | |||
| Germany | |||
| Italy | |||
| Spain | |||
| Turkey | |||
| Russia | |||
| NORDIC | |||
| Rest of Europe | |||
| South America | Brazil | ||
| Argentina | |||
| Colombia | |||
| Rest of South America | |||
| Middle East & Africa | South Africa | ||
| Saudi Arabia | |||
| Nigeria | |||
| Egypt | |||
| Qatar | |||
| United Arab Emirates | |||
| Rest of Middle East & Africa | |||
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Styrene-Butadiene Rubber (SBR) Market Research FAQs
How big is the Styrene Butadiene Rubber Market?
The Styrene Butadiene Rubber Market size is expected to reach USD 14.39 billion in 2025 and grow at a CAGR of 3.86% to reach USD 17.40 billion by 2030.
What is the current Styrene Butadiene Rubber Market size?
In 2025, the Styrene Butadiene Rubber Market size is expected to reach USD 14.39 billion.
Who are the key players in Styrene Butadiene Rubber Market?
Asahi Kasei Corporation, Versalis S.p.A., ARLANXEO, LG Chem and LANXESS are the major companies operating in the Styrene Butadiene Rubber Market.
Which is the fastest growing region in Styrene Butadiene Rubber Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Styrene Butadiene Rubber Market?
In 2025, the Asia Pacific accounts for the largest market share in Styrene Butadiene Rubber Market.
What years does this Styrene Butadiene Rubber Market cover, and what was the market size in 2024?
In 2024, the Styrene Butadiene Rubber Market size was estimated at USD 13.83 billion. The report covers the Styrene Butadiene Rubber Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Styrene Butadiene Rubber Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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SBR Industry Report
Statistics for the 2025 Styrene Butadiene Rubber (SBR) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Styrene Butadiene Rubber (SBR) analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
