Published on : Nov 08, 2016
Albany, New York, November 7, 2016: Market Research Hub has recently announced a new report to its repository, titled “Styrene-Butadiene Rubber (SBR) Industry Outlook in Saudi Arabia to 2020
- Market Size, Price Trends and Trade Balance”. The report basically offers market forecast and major analysis on the Styrene-Butadiene-Rubber (SBR) Industry, along with offering information on its market size, trade balance and price trends data from 2006 to 2020.
The report begins with the current market dynamics of Saudi Arabia and provides comprehensive coverage of all parameters of the Styrene-Butadiene Rubber industry. Basically, Styrene-butadiene rubber is a general purpose synthetic rubber which is produced from a copolymer of styrene and butadiene. It is a mixture of 75 percent of butadiene and 25 % of styrene. SBR is used in a greater amount for the manufacturing of automobile and truck tires. About 50 percent of car tires are made from different types of SBR. Based on its manufacturing process, Styrene-Butadiene Rubber is categorized into two major types. One is known as Emulsion Styrene-Butadiene Rubber (e-SBR), while the other is Solution Styrene-Butadiene Rubber (s-SBR). Due to growing popularity of high-performance “green” tires, there is a trend for solution SBR capacity increase, as s-SBR better than e-SBR fulfills the production necessities.
According to the report, from the year 2013 to 2018, the Saudi Arabia market is projected to grow at a faster CAGR of 6.29% during the forecast. According to the report, the industry is heavily dependent on tire production as the tire segment counts for the largest share in the global Styrene-Butadiene Rubber demand. The most important driver for this market is the rising demand from end-use applications. Some other sectors where Styrene-Butadiene Rubber finds application includes footwear, automotive goods (non tire) construction, mechanical goods, packaging, adhesives etc.
Click here to get more info with TOC in a PDF Format: http://www.marketresearchhub.com/enquiry.php?type=S&repid=855912
The research analysts used a large variety of primary as well as secondary sources and presented all available information on the product in a large-scale research report quite clearly. The market report not only contains a thorough market overview but also offers a rich collection of tables and figures which defines the Saudi Arabia Styrene-Butadiene Rubber industry with its demand value, production outlook, and import and export parameters. Through the report, the buyer can get additional information about the market-expansion strategies and the development factors for a new market entry.
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