Price Trends of Styrene Butadiene Rubber in its Latest Insights and Dashboard

 Styrene-butadiene rubber, or SBR, is a synthetic rubber used for general purposes manufactured by a copolymer of styrene and butadiene. Styrene-butadiene rubber is utilised in large volumes surpassing all other kinds of synthetic rubbers in automobiles and truck tires, normally as a scratch-resilient alternative for natural rubber that is made with polyisoprene.

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Additionally, it is a combination of around 75 percent of butadiene and 25 percent of styrene. Free-radical initiators are included in other materials added in the solution, which start the polymerization process, and stabilizers, which avert the end-products deterioration. This rubber's benefits are its exceptional scratch and crack resistance and normally has better-aging properties.

South Korea, Germany, Chinese, Taipei, Russia, and France are some of the top exporters of Styrene-butadiene rubber globally.

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 analysis, including India Styrene Butadiene Rubber price, USA Styrene Butadiene Rubber price, pricing database, and chart 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 has numerous uses, primarily in automotive and other industrial purposes. It is utilised in car tires to reduce comparisons and even in heavy-duty and high-performance tires. The product is used due to its extremely high resistance to heat. Additionally, it helps in various industrial applications such as wire protection and electric wiring, belting, roll casings, haul-off protections, hoses, seals, gaskets, scratch resistance, and metal adhesion. Styrene-butadiene rubber is also used commercially in shoe soles, moulded rubber goods, and carpet backing adhesive, among others.

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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