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Tuesday, 5 April 2016

Styrene Butadiene Rubber Market Is Expected To Grow At A CAGR Of 7.2% From 2015 To 2022: Grand View Research


The global solution styrene butadiene rubber market is expected to exceed USD 6.8 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for solution styrene butadiene rubber in the manufacturing of tires is expected to play a major role in market growth. Tire manufacturers have been striving to ensure superior performance with better fuel-efficiency in order to meet regulations. These regulations cannot be met by the use of E-SBR and hence tire manufacturers are compelled to use S-SBR in their production process. This has boosted demand for the product with major companies starting to manufacture their products using E-SBR. In addition, some manufacturers are utilizing their E-SBR production facilities for S-SBR manufacturing in light of the growing demand.
http://www.grandviewresearch.com/industry-analysis/solution-styrene-butadiene-market

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