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US Styrene Butadiene Rubber (SBR) Market: Size, Share, Growth, Industry Analysis, Opportunities and Forecast 2019-2025

US Styrene-Butadiene Rubber (SBR) Market Size, Share & Trends Analysis Report by Type (Emulsion SBR, Solution SBR), by End-User (Automobile Component, Industrial Application, Footwear, Household, Others) and Forecast 2019-2025

US SBR market is expected to have a significant CAGR during the forecast period. The country is one of the major consumers of SBR and products manufactured by it, which is a major factor for augmenting the market. Major application of SBR includes vehicle component manufacturing, tiers manufacturing, footwear and so on. A significant application of SBR can be found in other applications also; including medical gloves, airplane components and tiers and so on. In the US, the automotive sector is creating most of the demand for SBR, due to the application of SBR in tiers. As per the International Organization of Motor Vehicle Manufacturers, the country has produced about 11.3 million vehicles in 2018, out of which around 75% are commercial vehicle and 25% are passenger cars. It creates a significant market in the country as the average number of tiers in commercial vehicles is more as compared to a passenger car. Some of the restraint to the market include downfall in the vehicle sales in the country and fluctuating prices of rubber at the international market.

A full report of US Styrene Butadiene Rubber (SBR) Market is available at: https://www.omrglobal.com/industry-reports/us-styrene-butadiene-rubber-market

The US SBR market is segmented on the basis of type and end-user. By type, the market is further segmented into Emulsion SBR and Solution SBR. Solution SBR is expected to have a significant market growth during the forecast period. By end-user, the market is segmented into automobile components, industrial application, footwear, household, and others. The automobile component will the major market share during the forecast period.

To know more information, please request a free report sample https://www.omrglobal.com/request-sample/us-styrene-butadiene-rubber-market

The companies which are contributing significantly in the market include Asahi Kasei Corp., Bridgestone Corp., Exxon Mobil Corp., JSR Corp., LG Chem, Ltd., SABIC, The Dow Chemical Co., The Goodyear Tire & Rubber Co., The Michelin Group, Ube Industries, Ltd. and others. The market players are considerably contributing to the market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.

US Styrene Butadiene Rubber (SBR) Market – Segmentation

by Type

  • Solution SBR
  • Emulsion SBR

by End-User

  • Automobile components
  • Industrial Application
  • Footwear
  • Household
  • Others (Electronics)

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/us-styrene-butadiene-rubber-market

Company Profiles

  • ARLANXEO Holding B.V.
  • Asahi Kasei Corp.
  • Bridgestone Corp.
  • JSR Corp.
  • Kuraray Co., Ltd.
  • LG Chem, Ltd.
  • SABIC
  • The Dow Chemical Co.
  • The Goodyear Tire & Rubber Co.
  • The Michelin Group
  • Tosoh Corp.
  • Ube Industries, Ltd.

 

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

 

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

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