Global Emulsion Styrene Butadiene Elastomer Market may show significant gains over projected period owing to increase in application scope in tire, construction, footwear, polymer modification and adhesives industries. —
Strong application scope in tire due to ease of production and good physical strength should drive emulsion styrene butadiene elastomer market size. Most of the manufacturers mainly uses it for light truck, trucks and car tires production. Global tire consumption was valued at over 4 billion units in 2015 and may exceed over 6 billion units by 2024. Positive outlook towards automobile industry mainly in Brazil, India and China along with availability of various E – SBR grades should stimulate product demand.
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Growing E-SBR application scope in caulking compounds, sprayables and adhesives for paper packaging, cardboard sealing, carpet backing and pressure sensitive products manufacturing owing to excellent tack and bonding is likely to favor product demand. Global adhesives and sealants market share is poised to exceed USD 65 billion and registering gains at over 4% by 2024. Strong application scope in construction, automobile, and packaging industries should drive industry growth. Technological innovation with extensive usage of these products may drive product demand.
Global automotive industry may surpass USD 3.5 billion with growth at over 4% by 2024. Strong application scope in automotive industry for sidewalls, tire treads, carcass, beam, retread, racing tires and mats should favor product demand. Increasing automotive production along with strong government spending should drive automotive industry thereby stimulating emulsion styrene butadiene elastomer market size. Presence of major automotive industries in France and Germany should favor industry growth.
The Emulsion Styrene Butadiene Elastomer Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Emulsion Styrene Butadiene Elastomer Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Emulsion Styrene Butadiene Elastomer Market Product Insights
5. Emulsion Styrene Butadiene Elastomer Market Application Insights
6 Emulsion Styrene Butadiene Elastomer Market Regional Insights
7. Competitor Profiles
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North America, led by the U.S. emulsion styrene butadiene elastomer market size may witness steady growth. Rise in tire manufacturers along with increasing R&D spending should drive regional growth. Increasing E-SBR demand in adhesives and footwear industries may favor product demand in this region.
Europe, driven by Italy, UK, France and Germany emulsion styrene butadiene elastomer market size may register gains owing to favorable government regulations. Positive indicator in infrastructure spending along with rise in adhesives and construction sectors may stimulate regional growth. Growing footwear sales owing to rise in better shoe quality and various industrial manufacturers may boost regional demand.
Reasons to Buy This Report:
1. Emulsion Styrene Butadiene Elastomer Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Emulsion Styrene Butadiene Elastomer Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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Global emulsion styrene butadiene elastomer market share is fragmented. Prominent players operating in this industry are Michelin, Lanxess, Sinopec, Goodyear Tire and Rubber company, CNPC and Zeon. Other players in this market are Dynasol Elastomers, Polimeri Europa, JSR, Asahi Keisi Chemicals, Styron Trinseo and Korea Kumho Petrochemicals Company.
Name: Arun Hedge
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Organization: Global Market Insights, Inc.
Release ID: 527611