Global Styrene Butadiene Rubber SBR Based Adhesive Market

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 2025-2032


Report ID: SQSG15E2022 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 62 | Figures: 75

Styrene Butadiene Rubber SBR Based Adhesive Market Competitive Landscape

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.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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).

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. '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'

Over recent times, vehicle sales have expanded significantly over the planet, which has therefore raised the requirement for tires. Since styrene butadiene rubber adhesives are a crucial raw ingredient in the production of tires, demand for them is predicted to increase in the coming years.

The production of pressure-sensitive adhesives and the gluing of tufted carpets both predominantly require SBR. Consumption of PSAs has been driven by the growing market for tapes, labels, graphics, etc.; this trend is expected to continue during the projected timeframe. The use of SBR in the adhesive industry has expanded as rubber-based PSAs take the place of conventional PSAs in many applications. Additionally, the growth of the e-retail and e-commerce sectors is predicted to raise demand for the adhesive along with rising demand from the packaging industry, particularly in the Asia-Pacific region.

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Styrene Butadiene Rubber SBR Based Adhesive Market

Report ID: SQSG15E2022

$5,300
BUY NOW GET FREE SAMPLE