Global Styrene Butadiene Styrene Market Size & Outlook
Global styrene butadiene styrene market, 2019-2030 (US$M)
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Global styrene butadiene styrene market highlights
- The global styrene butadiene styrene market generated a revenue of USD 5,217.6 million in 2021 and is expected to reach USD 8,421.5 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.5% by 2030.
- In terms of segment, non-oil-extended sbs accounted for a revenue of USD 3,674.4 million in 2021.
- Non-Oil-extended SBS is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 5,217.6 million |
| Market revenue in 2030 | USD 8,421.5 million |
| Growth rate | 5.5% (CAGR from 2021 to 2030) |
| Largest segment | Non-oil-extended sbs |
| Fastest growing segment | Non-Oil-extended SBS |
| Historical data covered | 2019 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-Oil-extended SBS, Oil Extended SBS |
Other key industry trends
- In terms of revenue, the North America accounted for 26.5% of the global styrene butadiene styrene market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 186.5 million by 2030.
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Styrene Butadiene Styrene Market Scope
Styrene Butadiene Styrene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global styrene butadiene styrene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to styrene butadiene styrene market will help companies and investors design strategic landscapes.
Non-oil-extended sbs was the largest segment with a revenue share of 70.42% in 2021. Horizon Databook has segmented the Global styrene butadiene styrene market based on non-oil-extended sbs, oil extended sbs covering the revenue growth of each sub-segment from 2019 to 2030.
- Global Styrene Butadiene Styrene Type Outlook (Revenue, USD Million, 2019-2030)
- Non-Oil-extended SBS
- Oil Extended SBS
- Global Styrene Butadiene Styrene Application Outlook (Revenue, USD Million, 2019-2030)
- Footwear
- Asphalt Modification
- Polymer Modification
- Adhesives
- Other Application
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Horizon Databook provides a detailed overview of global-level data and insights on the Global styrene butadiene styrene market , including forecasts for subscribers. This global databook contains high-level insights into Global styrene butadiene styrene market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Global styrene butadiene styrene market size, by regions, 2019-2030 (US$M)
Top 10 countries: Styrene butadiene styrene market size, 2021 (US$M)
Global styrene butadiene styrene market share, by type, 2021 & 2030 (%, US$M)
Styrene butadiene styrene market: Opportunity assessment by country
Global styrene butadiene styrene market, by region, 2021 (US$M)
| Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,390.3 | 1,297.2 | 1,383.4 | 1,443.9 | 1,511.0 | 1,585.3 | 1,667.6 | 1,758.6 | 1,859.1 | 1,970.2 | 2,093.1 | 2,229.3 | 5.4% |
| Europe | 1,485.4 | 1,396.3 | 1,489.0 | 1,548.5 | 1,614.7 | 1,688.3 | 1,769.8 | 1,860.1 | 1,959.9 | 2,070.2 | 2,192.4 | 2,327.7 | 5.1% |
| Asia Pacific | 1,635.9 | 1,514.8 | 1,615.4 | 1,700.5 | 1,794.8 | 1,899.6 | 2,015.7 | 2,144.4 | 2,287.1 | 2,445.5 | 2,621.5 | 2,817.4 | 6.4% |
| Latin America | 368.6 | 344.1 | 367.0 | 379.7 | 393.9 | 409.7 | 427.2 | 446.6 | 468.1 | 491.8 | 518.0 | 547.0 | 4.5% |
| MEA | 357.4 | 340.2 | 362.8 | 372.0 | 382.6 | 394.5 | 407.8 | 422.7 | 439.2 | 457.5 | 477.8 | 500.2 | 3.6% |
| Overall | 5,237.6 | 4,892.6 | 5,217.6 | 5,444.5 | 5,696.9 | 5,977.3 | 6,288.1 | 6,632.5 | 7,013.4 | 7,435.2 | 7,902.8 | 8,421.5 | 5.5% |
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