Global Solution Styrene Butadiene Rubber Market Driven at 11.27% CAGR Due to Demand from Tire Industry: Transparency Market R...
27 May 2015 - 5:10PM
Business Wire
A recent report released by Transparency Market Research
forecasts the growth of global solution styrene butadiene rubber
(S-SBR) market at a CAGR of 11.27% from 2012 to 2018. The report,
titled “Solution Styrene Butadiene Rubber Market - Global
Industry Analysis, Size, Share, Growth and Forecast, 2012 -
2018” forecasts the global demand for S-SBR to reach 1,062 kilo
tons by 2018.
Browse Report:
http://www.transparencymarketresearch.com/solution-styrene-butadiene-rubber.html
The report indicates that the increasing growth in global tire
market will fuel the growth of the S-SBR market during the forecast
horizon. Growth in tire market can be attributed to the rise in
disposable income of the growing middle class population, which has
resulted in the increase of automobile demand. Automobile sector
has mandated the need for high performance of the tires which in
turn has increased the demand for S-SBR. However, the report cites
that volatile raw material prices and environmental concerns will
negatively affect the growth of the market during the forecast
period.
Send Enquiry:
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=906
The report segments the global S-SBR market on the basis of
S-SBR application in tire, footwear, adhesive and sealant, polymer
modification, and others. In 2011, tire industry registered highest
demand in the market. The demand is expected to increase
considerably during the forecast period and the segment is
estimated to be valued at US$2,647.8 million by 2018.
Press Release:
http://www.transparencymarketresearch.com/pressrelease/solution-styrene-butadiene-rubber.htm
Based on geography, the report segments the global S-SBR market
in North America, Europe, Asia Pacific, and RoW. Tire labeling
regulations in European Union and in Asia Pacific regions will
contribute significantly to the market growth in these regions.
Article:
http://www.transparencymarketresearch.com/article/solution-styrene-butadiene-rubber.htm
The report profiles the key vendors of the global S-SBR market
such as Bridgestone Corporation, Goodyear Tire and Rubber Company,
Sinopec, and Styron.
Other Reports:
- Leather Chemicals Market:
http://www.transparencymarketresearch.com/global-leather-chemicals-market.html
- Lyocell Fiber Market:
http://www.transparencymarketresearch.com/lyocell-fibers-market.html
About TMR
Transparency Market Research (TMR) is a U.S. based market
intelligence company driven by high-pedigree consultants and
researchers. TMR leverages its Syndicated Research, Custom
Research, and Market Consulting expertise to help businesses make
accurate decisions. TMR’s exclusive blend of quantitative
forecasting and trends analysis draws on proprietary data sources
and techniques, while their data repository is continuously updated
to reflect the latest trends.
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Transparency Market ResearchMr. Nachiket Ghumare,
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