Styrene Butadiene Rubber SBR Based Adhesive Market Size, Share, Growth Analysis, By Type(Solution Type(S-SBR), Emulsion Type(E-SBR)), By Application(Tapes, Flooring Adhesives, Others), By Region - Industry Forecast 2024-2031

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

• BASF SE
• The Dow Chemical Company
• Eastman
• Henkel AG & Co. KGaA
• 3M Company
• Sika AG
• H.B. Fuller Company
• Arkema Group
• Momentive Performance Materials Inc.
• Ashland Global Holdings Inc.
• Wacker Chemie AG
• Exxon Mobil Corporation
• Kraton Corporation
• Trinseo LLC
• Huntsman Corporation
• Mapei S.p.A.
• Lord Corporation
• Illinois Tool Works Inc.
• Avery Dennison Corporation
• Jowat SE

Styrene Butadiene Rubber SBR Based Adhesive Market Recent Development

• In November 2021, Trinseo, a manufacturer of latex binders and engineered materials with headquarters in the US, has started looking into selling off its styrenics assets and plans to start a formal sales process in the first quarter of 2022. The firm's businesses in polystyrene and feedstocks will also be up for sale, along with its 50% stake in the joint venture Americas Styrenics. Chevron Phillips Chemical owns the residual stake in the joint venture.