North America Styrene Butadiene Rubber Market is Expected to Reach $3.8 Billion by 2018, at a CAGR of 24.4% from 2013 to 2018

FORT WORTH, Texas, April 16, 2015 /PRNewswire/ --

The North American Styrene butadiene rubber Market report defines and segments the Styrene Butadiene Rubber market in North America with analysis and forecast of revenue.

Browse through the TOC of North America styrene butadiene rubber market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The North American styrene butadiene rubber (SBR) market constitutes 26.6% of the global styrene butadiene rubber (SBR) market and is projected to have a market share of 24.4% by 2018.

This study on the North American SBR market estimates its regional demand and value, and projects the same by 2018. As a part of the quantitative analysis, the North American market segments the regional market by application at a country level with current market estimation and forecast till 2018. The countries covered in the market are the U.S., Canada, and Mexico.

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The segmentation, by application, includes tires, footwear, construction chemicals, polymer additives, and adhesive, among others. Further, as a part of qualitative analysis, the research report provides a comprehensive review of important drivers, restraints, opportunities, and key issues in the SBR market. It also includes the company profiling and competitive strategies adopted by various market players including Goodyear Tire & Rubber Co., American Synthetic Rubber Company Llc, Ashland Inc., and Firestone Polymers Llc.

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Styrene Butadiene Rubber (SBR) is one of the most widely used polymer. Its particular advantages incorporate excellent abrasion resistance, crack resistance, and generally better aging characteristics. The Europe Styrene Butadiene Rubber market was valued at $2,460.4 million in 2012, and is projected to reach $2,519.8 million by 2018, growing at a CAGR of 1.1% from 2013. The automobile industry has witnessed significant growth over the past couple of years, resulting in increased demand for tires which in turn has boosted the demand for synthetic rubbers such as SBR. Europe is one of the major hubs for the automobile industry driving the growth of SBR in the region

http://www.micromarketmonitor.com/market/europe-styrene-butadiene-rubber-sbr-9000925970.html

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