Emulsion Styrene Butadiene Elastomer Market trends research and projections for 2017- 2024

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Emulsion Styrene Butadiene Elastomer Market
trends research and projections for 2017- 2024
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• Overview

• Global Emulsion Styrene Butadiene Elastomer
  Market may show significant gains over projected
  period owing to increase in application scope in
  tire, construction, footwear, polymer
  modification and adhesives industries. Strong
  application scope in tire due to ease of
  production and good physical strength should
  drive emulsion styrene butadiene elastomer market
  size.
• Most of the manufacturers mainly uses it for
  light truck, trucks and car tires production.
  Global tire consumption was valued at over 4
  billion units in 2015 and may exceed over 6
  billion units by 2024. Positive outlook towards
  automobile industry mainly in Brazil, India and
  China along with availability of various E SBR
  grades should stimulate product demand.
• Growing E-SBR application scope in caulking
  compounds, sprayables and adhesives for paper
  packaging, cardboard sealing, carpet backing and
  pressure sensitive products manufacturing owing
  to excellent tack and bonding is likely to favor
  product demand. Global adhesives and sealants
  market share is poised to exceed USD 65 billion
  and registering gains at over 4 by 2024. Strong
  application scope in construction, automobile,
  and packaging industries should drive industry
  growth. Technological innovation with extensive
  usage of these products may drive product demand.

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• Emulsion styrene butadiene elastomer are
  synthetic replacements for natural rubbers. Its
  key properties include high elasticity,
  resistance to crack, abrasion, better ageing low
  cost and availability making them suitable for
  soles, insoles cutting boards and heals
  manufacturing in footwear industry.
• Global footwear industry may surpass USD 375
  billion with gains at over 6. Rise in durable
  and comfortable shoes demand along with increase
  in fashion trends should drive industry growth in
  footwear applications.
• It is used in various other applications such as
  hard rubber goods, cove base, sponge, wire
  cable, gasket mechanical goods, rolls, belts and
  floor tiles. Downstream application of emulsion
  styrene butadiene elastomers is found in
  sealants, chewing gums, conveyer belts and cable
  insulation. 
• Global automotive industry may surpass USD 3.5
  billion with growth at over 4 by 2024. Strong
  application scope in automotive industry for
  sidewalls, tire treads, carcass, beam, retread,
  racing tires and mats should favor product
  demand. Increasing automotive production along
  with strong government spending should drive
  automotive industry thereby stimulating emulsion
  styrene butadiene elastomer market size. 
  Presence of major automotive industries in France
  and Germany should favor industry growth.

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• 360 Analysis

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• Europe, driven by Italy, UK, France and Germany
  emulsion styrene butadiene elastomer market size
  may register gains owing to favorable government
  regulations. Positive indicator in infrastructure
  spending along with rise in adhesives and
  construction sectors may stimulate regional
  growth.
• Growing footwear sales owing to rise in better
  shoe quality and various industrial manufacturers
  may boost regional demand. 
• Asia Pacific, led by Japan, South Korea, India,
  and China emulsion styrene butadiene elastomer
  market size may show significant growth and has
  largest E-SBR consumption. Increasing automotive
  sector may influence tire market demand. Rising
  high performance tires along with new regulations
  regarding labelling mainly in China may favor
  regional industry.
• Rising bio based product demand along with
  increasing awareness towards green tire concept
  due to stringent regulations by EU commission may
  challenge industry profitability.

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Competitive Trends

• The notable industries Emulsion Styrene Butadiene
  Elastomer are
• Michelin,
• Lanxess,
• Sinopec,
• Goodyear Tire and Rubber company,
• CNPC
• Zeon

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