Styrene Butadiene Rubber Price Chart, Historical and Forecast Analysis | Procurement Resource
Styrene-butadiene rubber (SBR) is a synthetic rubber blend of around 75% butadiene and 25% styrene. It’s prized for scratch resistance, durability, and aging properties, making it a top choice for tires and various industrial applications. Major exporters include South Korea, Germany, China, Taiwan, Russia, and France, powering its global presence.
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Key Details About the Styrene Butadiene Rubber Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Styrene Butadiene Rubber price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Styrene Butadiene Rubber Price trends, including India Styrene Butadiene Rubber price, USA Styrene Butadiene Rubber price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Styrene Butadiene Rubber Price Trend:
Styrene-butadiene rubber (SBR) finds extensive application in automotive and industrial sectors. Its usage spans from enhancing regular car tires to bolstering heavy-duty and high-performance variants, primarily due to its exceptional heat resistance. Moreover, it serves multiple industrial needs, including safeguarding wires, forming belts, encasing rolls, protecting haul-off equipment, and creating resilient hoses, seals, gaskets, and coatings for scratch resistance and metal adhesion. Commercially, SBR is pivotal in crafting shoe soles, various molded rubber items, and as an adhesive for carpet backing, showcasing its versatile role across diverse industries.
Key Players:
- Asahi Kasei
- Lanxess
- LG Chem
- Polimeri Europa
- Sinopec
News & Recent Development
- April 20, 2023: The European styrene butadiene rubber (SBR) market prices rise in the month of April. The increase in the price was due to the surge in demand from the end-use sectors like automotive and synthetic rubber. Critical components influencing the overall market price of styrene butadiene rubber involve feedstock Styrene and Butadiene. The availability of crude oil in the European market kept fluctuating near the end of the quarter because of the geopolitical conflict between Russia and European nations. Styrene butadiene rubber prices in mid-April 2023 were at USD 2100 per MT, FD Wuppertal in the German market. Since the availability of important components like semiconductors keeps improving, the sales of automobiles in Europe have also increased the most compared to May 2021.
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