Asia Pacific Styrene Butadiene Rubber Market Size & Outlook
The styrene butadiene rubber market in Asia Pacific is expected to reach a projected revenue of US$ 15,914.4 million by 2030. A compound annual growth rate of 6% is expected of Asia Pacific styrene butadiene rubber market from 2024 to 2030.
Revenue, 2023 (US$M)
$10,614.9
Forecast, 2030 (US$M)
$15,914.4
CAGR, 2024 - 2030
6%
Report Coverage
Asia Pacific
Asia Pacific styrene butadiene rubber market, 2018-2030 (US$M)
Asia Pacific styrene butadiene rubber market highlights
- The Asia Pacific styrene butadiene rubber market generated a revenue of USD 10,614.9 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, e-sbr was the largest revenue generating application in 2023.
- E-SBR is the most lucrative application segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 10,614.9 million |
| Market revenue in 2030 | USD 15,914.4 million |
| Growth rate | 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, Asia Pacific region accounted for 22.8% of the global styrene butadiene rubber market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,914.4 million by 2030.
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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 |
|---|
Asia Pacific styrene butadiene rubber market
Related regional statistics
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