USD 4.29 billion
Report ID:
SQSG15E2022 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|Tables:
62
|Figures:
75
Styrene Butadiene Rubber SBR Based Adhesive Market size was valued at USD 4.5 Billion in 2023 and is poised to grow from USD 4.72 Billion in 2024 to USD 6.59 Billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).
The synthetic elastomer made from butadiene and styrene is called styrene-butadiene rubber. Its main application for it is a pressure-sensitive adhesive. It comes in a variety of forms, such as emulsion and solution forms. It is frequently employed in the production of pressure-sensitive tapes. Additionally, the advantages of the styrene-butadiene rubber-based adhesive include good thermo-aging, brute strength, adaptability, cooling properties, damage tolerance, and scratch resistance. Due to these characteristics, styrene-butadiene rubber-based adhesive is increasingly in demand for use in tapes and floor adhesive, among other applications.
The sbr based adhesive market will grow as a result of the increasing consumption of SBR-based adhesives in floor adhesive uses. Water, compounds, and general abrasion are not able to damage the styrene-butadiene rubber adhesive. Whether installing flooring inside or outside, it is actively difficult. Additionally, it is used to strengthen the bonding power of cement-based mortars. These characteristics of SBR adhesive boost their requirement in flooring uses, which contributes to the market's lucrative growth over the course of the projected period.
US Styrene Butadiene Rubber SBR Based Adhesive Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 4.29 billion
Largest Segment
Emulsion Type(E-SBR)
Fastest Growth
Emulsion Type(E-SBR)
Growth Rate
4.9% CAGR
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The global styrene butadiene rubber SBR based adhesive market segmentation is based on type, application, and region. Based on type the sbr based adhesive market is segmented into solution type(S-SBR) and emulsion type(E-SBR). Based on application the market is segmented into tapes, flooring adhesives and others. Based on region the global styrene butadiene rubber SBR based adhesive market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Styrene Butadiene Rubber SBR Based Adhesive Market Analysis by Type
The emulsion process currently accounts for the majority of SBR adhesives production around the globe, with solution polymerization accounting for a smaller portion. However, it is expected that the market for S-SBR will rise dramatically during the projected timeframe owing to its high agility and enhanced use in excellent performance tire treads. Solution type styrene-butadiene rubber (S-SBR) is a bio-based synthetic rubber. Due to its high abrasion resistance, longevity, and good quality, S-SBR is widely used in high-performance athletic footwear. The majority of the firms produce high-quality shoes, and the availability of effective distribution networks, including retail stores and online shopping portals, may promote industry expansion and boost the size of the S-SBR market.
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During the projected timeframe, the styrene-butadiene rubber-based adhesive market is expected to expand significantly in the Asia Pacific region. The increase is a result of the increased use of SBR adhesive in the usage of flooring adhesive. Since China's growth rate in previous years had been remarkable, the upcoming decade is also predicted to see an upsurge, making China a pioneer in the sales of Styrene Butadiene Rubber adhesives.
Due to the implementation of EU labeling regulations in the region, Europe is predicted to have the fastest-growing market between 2022 and 2028.
The rapid growth of SBR adhesive over organic adhesive in various applications is responsible for its growth in North America. This has even further boosted the market for styrene-butadiene rubber-based adhesive in this area. The North American region has a much more lucrative market, and as well as one of the most important markets worldwide, is the US.
The growth in the Middle East and Africa is due to an increase in the in-floor application of solution-based SBR adhesive.
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Styrene Butadiene Rubber SBR Based Adhesive Market Driver
Styrene Butadiene Rubber SBR Based Adhesive Market Restraint
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Manufacturers of styrene butadiene rubber adhesives are concentrating on developing sustainable butadiene to protect their industry from being hindered by strict government regulations that limit the usage of chemically produced butadiene in certain places. Suppliers of SBR adhesives are concentrating on establishing high standards of business operations to better meet the trends toward the circular economy, which are becoming more and more popular. For instance, a global chemical company based in Japan named Asahi Kasei stated in November 2021 that it will begin making butadiene using biomass and plastic waste as renewable energy sources. It was reported that the factory of Asahi Kasei in Singapore would provide Shell Eastern Petroleum with this environmentally friendly butadiene.
Styrene Butadiene Rubber SBR Based Adhesive Market Top Players Company Profiles
Styrene Butadiene Rubber SBR Based Adhesive Market Recent Development
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the bulk of SBR adhesives is currently produced globally using the emulsion technique, with solution polymerization producing a minor amount. The Asia Pacific region's styrene-butadiene rubber-based adhesive market is expected to grow significantly throughout the expected time period. SBR adhesive has quickly surpassed organic adhesive in a variety of applications, which is what is driving its expansion in North America.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 4.5 Billion |
Market size value in 2032 | USD 6.59 Billion |
Growth Rate | 4.9% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Styrene Butadiene Rubber SBR Based Adhesive Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Styrene Butadiene Rubber SBR Based Adhesive Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Report ID: SQSG15E2022
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