Growing demand for polySB (Styrene-Butadiene) Rubber from the packaging industry is one of the significant factors influencing market growth.
SB (Styrene-Butadiene) Rubber Market Size – USD 53.11 Billion in 2020, Growth - CAGR of 4.2%, Trends – Growth of the construction industry
The global SB (Styrene-Butadiene) Rubber Market is expected to reach USD 73.81 Billion by 2028, according to a new report by Reports and Data. The growth of the market is attributed to the increasing demand for SB (Styrene-Butadiene) Rubber from the end-use industries.
Products made from SB (Styrene-Butadiene) Rubber provides exceptional benefits such as high performance, toughness, simplicity of production, flexible design, and economy along with the offering of sanitation, hygiene, and safety features. For instance, SB (Styrene-Butadiene) Rubber finds application in the strengthening of military armor, cushioning of bicycle helmets, making of wind power turbines, reduction of coal plant emissions, and improvement of components deployed in making automotive lightweight and fuel-efficient. Moreover, it allows the production of high-performance and economical recreational products, including boats and other watercraft.
SB (SB (Styrene-Butadiene) Rubber-butadiene) latex finds usage in several applications, such as coating in paper products like magazines, catalogs, flyers, and paperboard products to get improved printability, high gloss, and protection to oil and water. SB Latex increases the binding power of a pigment and makes the paper smoother, brighter, and stiffer. Additionally, it is very cost-effective as compared to other coating materials.
Get a sample copy of the global SB (Styrene-Butadiene) Rubber market report : https://www.reportsanddata.com/sample-enquiry-form/2458
Further key findings from the report suggest:
Alpek SAB DE CV, Ashland Inc., Ineos Styrolution Group GmbH, Royal DSM, The Dow Chemical Company, LG Chem, Nova Chemicals Corporation, Bayer MaterialScience, Mitsubishi Chemicals, and Chevron Philips Chemical Company, among others.
By application, polySB (Styrene-Butadiene) Rubber contributed to the largest market share in 2020 and is expected to witness a growth rate of 3.9% during the forecast period. Applications of polySB (Styrene-Butadiene) Rubber comprises of general household appliances, cases for CD/DVD, toys, cutlery, electronic housings, housewares, refrigerator liners, containers, and packaging, among others.
By industry vertical, packaging industry dominated the market in 2020 and is likely to grow at a rate of 3.8% in the forecast period. PolySB (Styrene-Butadiene) Rubber finds extensive application in the packaging industry. Foam packaging peanuts for shipping, CD/DVD cases, food packaging, meat/poultry trays, and egg cartons are usually made with polySB (Styrene-Butadiene) Rubber to safeguard against spoilage or damage.
By distribution channel, offline channels held a larger market in 2020.
Europe, led by Western Europe, occupied the second-largest market share in 2020 and is estimated to grow at a rate of 3.7% during the forecast period. The high demand for SB (Styrene-Butadiene) Rubber in the region is owing to the growth of the packaging and automotive. Besides, growing investments by market players in RD of SB (Styrene-Butadiene) Rubber solutions that are recycled and eco-friendly, is likely to drive the market demand in the region.
Regional Outlook
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
To know more about the report: https://www.reportsanddata.com/report-detail/SB (Styrene-Butadiene) Rubber-market
Market Segmentation:
Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- PolySB (Styrene-Butadiene) Rubber
- SB (Styrene-Butadiene) Rubber Co-Polymers
- SB (SB (Styrene-Butadiene) Rubber-Butadiene) Latex
- SB (SB (Styrene-Butadiene) Rubber-Butadiene) Rubber
- Composites
- Others
Industry Vertical Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Packaging
- Construction
- Consumer Goods
- Automotive
- Electrical Electronics
- Others
Distribution Channel Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Offline Channel
- Online Channel
Request a customization of the report: https://www.reportsanddata.com/request-customization-form/2458
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key SB (Styrene-Butadiene) Rubber market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global SB (Styrene-Butadiene) Rubber market size
2.2 Latest regional market trends
2.3 Emerging growth trends
- Competitive Outlook
3.1 Global SB (Styrene-Butadiene) Rubber market key players
3.2 Global SB (Styrene-Butadiene) Rubber size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the SB (Styrene-Butadiene) Rubber market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
LinkedIn | Twitter | Blogs | Insights
Read the innovative blog at https://www.reportsanddata.com/blogs
Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports
