DUBLIN, May 07, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/9b9f4q/north_america) has announced the addition of the "North America Styrene Butadiene Rubber Market by Applications & Geography - Analysis and Forecast (2012-2018)" report to their offering.
The market value of SBR was estimated at $13,245 million in 2013 and is projected to register a CAGR of approximately 3.3% between 2014 and 2018. The data mentioned in the report is based on the global demand for formic acid.
This gives an idea about the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to SBR raw materials, manufacturers, and end users. The value chain describes the key contributors to the materials market at different stages from product development to end use. It represents the top players that contribute to the SBR industry.
This report provides the drivers, restraints and opportunities for the SBR market. Demand from automobile sector, end-use applications, and strict labeling regulations formulated by government for tire manufacturing industry are some of the key drivers that are fueling the growth of the SBR market. Whereas the only restraining factor for the SBR market is volatility in the butadiene pricing.
The economic slowdown in Europe and the U.S. also affected the economy of other developed countries that are of key importance for the commercial success of new materials and its end-user market. Also, volatility in butadiene pricing is leading to imbalances in SBR market. Polymerization of SBR involves butadiene and styrene in the ratio of 3:1 which clearly depicts that increase in butadiene price can affect the SBR market.
The SBR market is also classified on the basis of applications. The important applications include tires, polymer additives, footwear, construction chemicals, adhesive, and other applications. The tires and footwear industries are expected to show rapid growth in the future.
The key companies in this market are Goodyear Tire and Rubber Company (U.S.), Ashland Inc. (U.S.), American Synthetic and Rubber Company (U.S.), The Dow Chemicals (U.S.), NOVA Chemicals (Canada), and others.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Styrene-Butadiene Rubber Market, By Application
6 Styrene-Butadiene Rubber Market, By Country
7 Styrene-Butadiene Rubber Market: Competitive Landscape
8 Styrene-Butadiene Rubber Market, By Company
For more information visit http://www.researchandmarkets.com/research/9b9f4q/north_america
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SOURCE Research and Markets