SBR Market
Regions Covered
USA
Europe
Asia
Regions Covered
USA
Europe
Asia
Currently the global SBR capacity is observed to be at 7.15 Million metric tons. By 2022, the global SBR capacity is expected to reach 8 Million metric tons. Asia contributes to 54% of the global capacity while markets such as Europe and the US contribute 22% and 16% as of 2018. The global demand is expected to grow at a CAGR of 2.8 percent through 2018–2022. The global increasing need of high performance tires which increase fuel efficiency, reduce rolling resistance, and provide high traction during braking is driving the demand for S-SBR from the tire sector. Europe is a net exporter of SBR, with Germany as the top exporting country. Capacity additions to enable Europe export more to the US and Asia
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