Styrene-Butadiene Rubber Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Styrene-Butadiene Rubber Market Size Analysis and Top Companies

The global styrene-butadiene rubber market size is estimated to hit around USD 18.49 billion by 2033, increasing from USD 10.72 billion in 2023 with a CAGR of 5.55% from 2023 to 2033. The top companies operating in the styrene-butadiene rubber (SBR) market Lanxess AG, Sinopec, Kumho Petrochemical Co., Ltd., Asahi Kasei Corporation, The Goodyear Tire & Rubber Company, LG Chem, JSR Corporation, Trinseo, Michelin, Bridgestone Corporation, Versalis S.p.A. (Eni), Synthos S.A., Zeon Corporation, Nizhnekamskneftekhim, Eastman Chemical Company, and Others.

Market Report Coverage

Styrene-Butadiene Rubber Key Players

• Lanxess AG
• Sinopec
• Kumho Petrochemical Co., Ltd.
• Asahi Kasei Corporation
• The Goodyear Tire & Rubber Company
• LG Chem
• JSR Corporation
• Trinseo
• Michelin
• Bridgestone Corporation
• Versalis S.p.A. (Eni)
• Synthos S.A.
• Zeon Corporation
• Nizhnekamskneftekhim
• Eastman Chemical Company

Recent Developments

• In February 2023, Arlanxeo inaugurated a new polybutadiene (PBR) production line with a capacity of 65 kilotons per annum in southern Brazil. The expansion aims to enhance the rubber production flexibility at the Triunfo facility, reflecting the industry's commitment to meeting increasing demand for rubber products.
• In November 2022, Asahi Kasei Corporation commenced the sale of Tufdene S-SBR and Asadene BR, both produced using the mass-balance method, at its facilities in Singapore and Kawasaki. The sale is underpinned by the ISCC PLUS2 certification obtained in October 2022, signaling a commitment to sustainable and responsible production practices in the synthesis of styrene-butadiene rubber and butadiene rubber.

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