Global Styrene Butadiene Rubber Market Size & Outlook
The styrene butadiene rubber industry worldwide is expected to reach a projected revenue of US$ 68,010.1 million by 2030. A compound annual growth rate of 5.6% is expected of the worldwide styrene butadiene rubber industry from 2024 to 2030.
Revenue, 2023 (US$M)
$46,456.7
Forecast, 2030 (US$M)
$68,010.1
CAGR, 2024 - 2030
5.6%
Report Coverage
Worldwide
Global styrene butadiene rubber market, 2018-2030 (US$M)
Global styrene butadiene rubber market highlights
- The global styrene butadiene rubber market generated a revenue of USD 46,456.7 million in 2023 and is expected to reach USD 68,010.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
- In terms of segment, e-sbr accounted for a revenue of USD 46,456.7 million in 2023.
- E-SBR is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 46,456.7 million |
| Market revenue in 2030 | USD 68,010.1 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | E-sbr |
| Fastest growing segment | E-SBR |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-SBR |
Other key industry trends
- In terms of revenue, the North America accounted for 41.3% of the global styrene butadiene rubber market in 2023.
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Styrene Butadiene Rubber Market Scope
Styrene butadiene rubber market segmentation & scope
Footwear
Construction
Polymer Modification
Adhesive
Others
S-SBR
Tire
Footwear
Polymer Modification
Adhesive and Sealant
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Thailand
Indonesia
Malaysia
Australia
Brazil
Argentina
Saudi Arabia
South Africa
Styrene Butadiene Rubber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global styrene butadiene rubber market size, by regions, 2018-2030 (US$M)
Related regional statistics
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