Styrene Butadiene Rubber SBR Based Adhesive Market size was valued at USD 4.29 billion in 2019 and is poised to grow from USD 4.5 billion in 2023 to USD 6.28 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031). 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, adatability, cooling properties, damage tolerance, and scratch resistance. Due to these characteristics, styrene-butadiene rubber-based adhesive is increasingly in demand for use n 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. To get more reports on the above market click here to Buy The Report Styrene Butadiene Rubber SBR Based Adhesive Market Segmental Analysis 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. To get detailed analysis on other segments, Request For Free Sample Report Styrene Butadiene Rubber SBR Based Adhesive Market Regional Insights 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. To know more about the market opportunities by region and country, click here to Buy The Complete Report Styrene Butadiene Rubber SBR Based Adhesive Market Dynamics Styrene Butadiene Rubber SBR Based Adhesive Market Driver 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. By 2028, the sbr based adhesive market is estimated to grow as a result of the rising demand for lightweight tires for usage in electric vehicles. Over the next ten years, it is projected that demand for styrene-butadiene rubber will play a significant role in driving the growth of the entire industry. Styrene Butadiene Rubber SBR Based Adhesive Market Restraint In addition to increasing demand for alternatives such as organic rubber-based adhesive and styrene block copolymer-based adhesives, the limited access to styrene-butadiene rubber adhesive reduces the product's acceptance. Consequently, it is projected that this will limit market expansion. Request Free Customization of this report to help us to meet your business objectives. 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. Styrene Butadiene Rubber SBR Based Adhesive Key Market Trends 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. Styrene Butadiene Rubber SBR Based Adhesive Market SkyQuest Analysis 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 4.29 billion Market size value in 2031 USD 6.28 billion Growth Rate 4.9% Forecast period 2024-2031 Forecast Unit (Value) USD Billion Segments covered Type Solution Type (S-SBR), Emulsion Type (E-SBR) Application Tapes, Flooring Adhesives, Others 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 · BASF SE · The Dow Chemical Company · Eastman · Henkel AG & Co. KGaA · Sika AG · H.B. Fuller Company · Arkema Group · Momentive Performance Materials Inc. · Ashland Global Holdings Inc. · Wacker Chemie AG · Kraton Corporation · Trinseo LLC · Huntsman Corporation · Mapei S.p.A. · Lord Corporation · Illinois Tool Works Inc. · Avery Dennison Corporation · Jowat SE Customization scope Free report customization with purchase. Customization includes:- · Segments by type, application, etc · Company profile · Market dynamics & outlook · Region Historical Year 2019 To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix. 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