Europe Styrene Butadiene Rubber Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the Europe Styrene Butadiene Rubber (SBR) market, offering valuable insights into its dynamics, including key drivers, growth opportunities, challenges, and trends. The report provides detailed projections for the market's future, including market size, growth forecasts, and regional insights from 2024 to 2031.

Key Insights:

Styrene Butadiene Rubber Market Size (2024E): US$ 10.7 Bn
Projected Market Value (2031F): US$ 16.1 Bn
Europe Market Growth Rate (CAGR 2024 to 2031): 6%

Styrene Butadiene Rubber Market - Report Scope:

Styrene Butadiene Rubber (SBR) is a synthetic rubber that is widely used in tire manufacturing, industrial applications, and in the production of adhesives and sealants. The market for SBR in Europe is expected to experience steady growth driven by increasing demand from the automotive industry, particularly for tire manufacturing. Additionally, the expanding use of SBR in various industrial applications will further fuel market expansion in the coming years.

The demand for high-performance and durable materials has led to advancements in SBR formulations. As a result, key industries such as automotive, construction, and consumer goods are relying heavily on SBR for its superior performance characteristics such as wear resistance, flexibility, and low rolling resistance.

Market Growth Drivers:

The European Styrene Butadiene Rubber market is largely driven by the growing demand from the automotive sector, particularly the increasing production of high-quality tires. The shift towards electric vehicles (EVs) and the increasing adoption of sustainable, fuel-efficient tires are key growth factors. Additionally, there is rising demand for SBR in non-tire applications such as adhesives, sealants, and synthetic leather, providing further expansion opportunities.

Technological advancements in rubber compounding and a rising focus on improving the properties of SBR products are contributing to its growing use in high-performance applications. The growing shift towards sustainable and eco-friendly rubber products is expected to bolster market growth, as manufacturers are focusing on producing more environmentally responsible versions of SBR.

Market Restraints:

Despite its potential for growth, the Europe Styrene Butadiene Rubber market faces challenges related to the volatility of raw material prices. The fluctuating costs of styrene and butadiene, the primary raw materials for SBR production, can affect the profitability of manufacturers. Additionally, the tightening of environmental regulations related to production processes and the growing push for biodegradable alternatives could slow down the adoption of traditional SBR, especially in certain industries.

Moreover, the ongoing economic uncertainties in Europe may affect industrial production and, consequently, demand for synthetic rubbers in sectors such as automotive and construction. This could potentially lead to slower-than-expected growth in the SBR market.

Market Opportunities:

The European SBR market presents several opportunities, particularly with the expanding demand for sustainable, high-performance tires and rubber products. Innovations in SBR formulations, such as the development of "green" SBR that is derived from renewable resources, are poised to gain traction. Moreover, the growing popularity of electric vehicles (EVs) is expected to create a surge in demand for specialized tires, driving the need for high-performance SBR.

The rising trend of automation and industrial growth, along with infrastructure development projects across Europe, presents significant opportunities for SBR in the construction and manufacturing sectors. Additionally, the increasing use of SBR in consumer goods such as footwear, sports equipment, and medical devices will open new avenues for market expansion.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the Styrene Butadiene Rubber market in Europe?
How are advancements in SBR formulations improving its applications in high-performance products?
What impact will the rise of electric vehicles have on the demand for Styrene Butadiene Rubber?
Which industries are the largest consumers of SBR, and how are they benefiting from its properties?
What are the emerging trends in the Styrene Butadiene Rubber market, and how will they shape the industry in the coming years?

Competitive Intelligence and Business Strategy:

Leading players in the European Styrene Butadiene Rubber market, such as INEOS Styrolution, LG Chem, and Sinopec, are focusing on enhancing their production capabilities, expanding their product offerings, and improving the sustainability of their operations. Strategic collaborations with tire manufacturers and automotive OEMs are crucial for securing long-term business relationships and expanding market reach.

Companies are increasingly investing in R&D to develop next-generation SBR that offers superior performance and sustainability features. With an increasing emphasis on eco-friendly products, manufacturers are focusing on introducing bio-based and recyclable SBR variants to cater to the growing demand for green materials.

Key market players are also adapting to changing regulations, particularly those related to environmental sustainability, by developing low-emission, high-performance SBR formulations. These innovations will likely provide a competitive edge to manufacturers, driving market growth and improving profitability.

Key Companies Profiled:

ARLANXEO
Synthos S.A.
LANXESS
AkzoNobel
ASF SE
Ineos
LyondellBasell
Evonik Industries AG
SABIC
Dow

Europe Styrene Butadiene Rubber Market Segmentation

By Product Type

Emulsion SBR
Non-oil Extended
Oil Extended
Solution SBR
Butyl Lithium
Phenyl Lithium

By Application

Tires
Footwear
Adhesives
Construction

By Country

Germany
France
U.K.
Italy
Spain
Russia
Czech
Rest of Europe

Product Code: PMRREP34920

1. Executive Summary

1.1. Europe Styrene Butadiene Rubber Market Snapshot, 2024 and 2031
1.2. Market Opportunity Assessment, 2024 - 2031, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. Europe Sectorial Outlook
- 2.3.2. Europe GDP Growth Outlook
- 2.3.3. Europe Electronics Market Outlook
- 2.3.4. Europe Automotive Market Outlook
- 2.3.5. Europe Solar Energy Market Outlook
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact

3. Value Added Insights

3.1. Product Type Adoption Analysis
3.2. Application Assessment
3.3. Regulatory Landscape
3.4. Value Chain Analysis
- 3.4.1 List of Raw Material Supplier
- 3.4.2 List of Manufacturers
- 3.4.3 List of End Users
- 3.4.4 Profitability Analysis
3.5. Key Deals and Mergers
3.6. PESTLE Analysis
3.7. Porter's Five Force Analysis
3.8. Geopolitical Tensions: Market Impact

4. Price Trend Analysis, 2019 - 2031

4.1. Key Highlights
4.2. Key Factors Impacting Product Type Prices
4.3. Pricing Analysis, By Product Types
4.4. Regional Prices and Product Type Preferences

5. Europe Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

5.1. Market Size (US$ Bn) Analysis and Forecast
- 5.1.1 Historical Market Size Analysis, 2019 - 2023
- 5.1.2 Current Market Size Forecast, 2024 - 2031
5.2. Europe Styrene Butadiene Rubber Market Outlook: Product Type
- 5.2.1 Introduction / Key Findings
- 5.2.2 Historical Market Size (US$ Bn) Analysis By Product Type, 2019 - 2023
- 5.2.3 Current Market Size (US$ Bn) Forecast By Product Type, 2024 - 2031
  - 5.2.3.1 Emulsion SBR
  - 5.2.3.2 Non-oil Extended
  - 5.2.3.3 Oil Extended
  - 5.2.3.4 Solution SBR
  - 5.2.3.5 Butyl Lithium
  - 5.2.3.6 Phenyl Lithium
  - 5.2.3.7 Other
5.3 Market Attractiveness Analysis: Product Type
5.4 Europe Styrene Butadiene Rubber Market Outlook: Application
- 5.4.1 Introduction / Key Findings
- 5.4.2 Historical Market Size (US$ Bn) Analysis By Application, 2019 - 2023
- 5.4.3 Current Market Size (US$ Bn) Forecast By Application, 2024 - 2031
  - 5.4.3.1 Tires
  - 5.4.3.2 Footwear
  - 5.4.3.3 Adhesives
  - 5.4.3.4 Construction
  - 5.4.3.5 Other
5.5 Market Attractiveness Analysis: Application

6. Europe Styrene Butadiene Rubber Market Outlook: Country

6.1. Key Highlights
6.2. Historical Market Size (US$ Bn) Analysis, By Country, 2019 - 2023
6.3. Current Market Size (US$ Bn) Forecast, By Country, 2024 - 2031
- 6.3.1. Germany
- 6.3.2. France
- 6.3.3. U.K.
- 6.3.4. Italy
- 6.3.5. Spain
- 6.3.6. Russia
- 6.3.7. Czech
- 6.3.8. Rest of Europe
6.4. Market Attractiveness Analysis: Country

7. Germany Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 7.3.1. By Product Type
- 7.3.2. By Application
7.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 7.4.1. Emulsion SBR
- 7.4.2. Non-Oil Extended
- 7.4.3. Oil Extended
- 7.4.4. Solution SBR
- 7.4.5. Butyl Lithium
- 7.4.6. Phenyl Lithium
- 7.4.7. Other
7.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 7.5.1. Tires
- 7.5.2. Footwear
- 7.5.3. Adhesives
- 7.5.4. Construction
- 7.5.5. Other
7.6. Market Attractiveness Analysis

8. France Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 8.3.1. By Product Type
- 8.3.2. By Application
- 8.3.3. End Use
8.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 8.4.1. Emulsion SBR
- 8.4.2. Non-Oil Extended
- 8.4.3. Oil Extended
- 8.4.4. Solution SBR
- 8.4.5. Butyl Lithium
- 8.4.6. Phenyl Lithium
- 8.4.7. Other
8.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 8.5.1. Tires
- 8.5.2. Footwear
- 8.5.3. Adhesives
- 8.5.4. Construction
- 8.5.5. Other
8.6. Market Attractiveness Analysis

9. U.K. Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 9.3.1. By Product Type
- 9.3.2. By Application
- 9.3.3. End Use
9.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 9.4.1. Emulsion SBR
- 9.4.2. Non-Oil Extended
- 9.4.3. Oil Extended
- 9.4.4. Solution SBR
- 9.4.5. Butyl Lithium
- 9.4.6. Phenyl Lithium
- 9.4.7. Other
9.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 9.5.1. Tires
- 9.5.2. Footwear
- 9.5.3. Adhesives
- 9.5.4. Construction
- 9.5.5. Other
9.6. Market Attractiveness Analysis

10. Italy Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 10.3.1. By Product Type
- 10.3.2. By Application
- 10.3.3. End Use
10.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 10.4.1. Emulsion SBR
- 10.4.2. Non-Oil Extended
- 10.4.3. Oil Extended
- 10.4.4. Solution SBR
- 10.4.5. Butyl Lithium
- 10.4.6. Phenyl Lithium
- 10.4.7. Other
10.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 10.5.1. Tires
- 10.5.2. Footwear
- 10.5.3. Adhesives
- 10.5.4. Construction
- 10.5.5. Other
10.6. Market Attractiveness Analysis

11. Spain Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 11.3.1. By Product Type
- 11.3.2. By Application
- 11.3.3. End Use
11.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 11.4.1. Emulsion SBR
- 11.4.2. Non-Oil Extended
- 11.4.3. Oil Extended
- 11.4.4. Solution SBR
- 11.4.5. Butyl Lithium
- 11.4.6. Phenyl Lithium
- 11.4.7. Other
11.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 11.5.1. Tires
- 11.5.2. Footwear
- 11.5.3. Adhesives
- 11.5.4. Construction
- 11.5.5. Other
11.6. Market Attractiveness Analysis

12. Russia Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

12.1. Key Highlights
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 12.3.1. By Product Type
- 12.3.2. By Application
- 12.3.3. End Use
12.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 12.4.1. Emulsion SBR
- 12.4.2. Non-Oil Extended
- 12.4.3. Oil Extended
- 12.4.4. Solution SBR
- 12.4.5. Butyl Lithium
- 12.4.6. Phenyl Lithium
- 12.4.7. Other
12.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 12.5.1. Tires
- 12.5.2. Footwear
- 12.5.3. Adhesives
- 12.5.4. Construction
- 12.5.5. Other
12.6. Market Attractiveness Analysis

13. Czech Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

13.1. Key Highlights
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 13.3.1. By Product Type
- 13.3.2. By Application
- 13.3.3. End Use
13.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 13.4.1. Emulsion SBR
- 13.4.2. Non-Oil Extended
- 13.4.3. Oil Extended
- 13.4.4. Solution SBR
- 13.4.5. Butyl Lithium
- 13.4.6. Phenyl Lithium
- 13.4.7. Other
13.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 13.5.1. Tires
- 13.5.2. Footwear
- 13.5.3. Adhesives
- 13.5.4. Construction
- 13.5.5. Other
13.6. Market Attractiveness Analysis

14. Rest of Europe Styrene Butadiene Rubber Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

14.1. Key Highlights
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019 - 2023
- 14.3.1. By Product Type
- 14.3.2. By Application
- 14.3.3. End Use
14.4. Current Market Size (US$ Bn) Analysis and Forecast, By Product Type, 2024 - 2031
- 14.4.1. Emulsion SBR
- 14.4.2. Non-Oil Extended
- 14.4.3. Oil Extended
- 14.4.4. Solution SBR
- 14.4.5. Butyl Lithium
- 14.4.6. Phenyl Lithium
- 14.4.7. Other
14.5. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024 - 2031
- 14.5.1. Tires
- 14.5.2. Footwear
- 14.5.3. Adhesives
- 14.5.4. Construction
- 14.5.5. Other
14.6. Market Attractiveness Analysis

15. Competition Landscape

15.1. Market Share Analysis, 2023
15.2. Market Structure
- 15.2.1. Competition Intensity Mapping By Market
- 15.2.2. Competition Dashboard
15.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 15.3.1. ARLANXEO
  - 15.3.1.1. Overview
  - 15.3.1.2. Segments and Product Types
  - 15.3.1.3. Key Financials
  - 15.3.1.4. Market Developments
  - 15.3.1.5. Market Strategy
- 15.3.2. Synthos S.A.
- 15.3.3. LANXESS
- 15.3.4. AkzoNobel
- 15.3.5. ASF SE
- 15.3.6. Ineos
- 15.3.7. LyondellBasell
- 15.3.8. Evonik Industries AG
- 15.3.9. SABIC
- 15.3.10. Dow

16. Appendix

16.1. Research Methodology
16.2. Research Assumptions
16.3. Acronyms and Abbreviations