Styrene Butadiene Rubber (SBR) Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018: New Research Report on ResearchMoz.us
Albany, NY -- (SBWIRE) -- 02/01/2013 -- Styrene butadiene rubber is the most commonly used synthetic rubber and accounts for over 45% of the global consumption. Tire manufacturing is the single largest application segment for SBR and consumes over 75% of the SBR produced globally. The growth in the SBR market is primarily driven by the increasing demand from the tire manufacturing industry, which is the largest consumer of SBR. However, the volatility in the raw material prices, especially butadiene prices, has been a major inhibitor for the market.