Rubber & Plastic Products

S-SBR market projected to reach $6 billion by 2030 on tire demand

A Research and Markets report expects 6.1% annual growth from US$4.2 billion in 2024, with tires and China leading the expansion.

Farida NasrNovember 8, 20265 min read0 views
A concept scene of a freshly molded tire on a production line, with abstract polymer-chain graphics floating above the tread.

The global market for solution styrene-butadiene rubber (S-SBR) is projected to reach US$6 billion by 2030, up from an estimated US$4.2 billion in 2024, according to a November 2026 report published by Research and Markets. The study puts the compound annual growth rate for the 2024–2030 period at 6.1%.

The outlook rests on rising demand for high-performance and fuel-efficient tires, advances in rubber manufacturing technology, and expanding use across the automotive, footwear, adhesives and polymer modification industries.

Material properties underpin tire demand

S-SBR is a synthetic rubber valued for high abrasion resistance, strong tensile strength and flexibility. Those characteristics make it an important material in high-performance tire manufacturing, where the report says it contributes to improved fuel efficiency, enhanced wet grip and reduced rolling resistance compared with traditional rubber materials.

The automotive industry is expected to remain the largest source of demand through the forecast period, as tire makers respond to requirements for safety, durability and fuel economy. The tire application segment alone is projected to reach US$4.7 billion by 2030, a CAGR of 6.5% — making it both the largest and fastest-growing application covered in the report.

Environmental considerations reinforce the trend. Because S-SBR helps lower rolling resistance, it can support better vehicle fuel economy and reduced emissions, an argument the report links to the push for more environmentally conscious tires.

EVs and process innovation cited as opportunities

Electric vehicles represent a further growth avenue: the report identifies expanding EV production and sales as a factor that could increase S-SBR use in electric vehicle tires.

On the technology side, advances in polymerization are allowing manufacturers to develop rubber grades tailored to specific applications, while nanotechnology and advanced fillers are being used to improve mechanical performance and durability. Improvements in solution polymerization and advanced mixing processes are also cited as ways to raise production efficiency and product quality. Research and development spending by major industry participants is expected to add further scope for innovation.

Beyond tires: footwear, adhesives and construction

Although tires dominate, other segments contribute to demand. Footwear is forecast to grow at a CAGR of 5.7%, supported by demand for durable and flexible materials. S-SBR is also used in adhesives and sealants, polymer modification and other industrial applications, and the report flags opportunities linked to the adhesives and sealants industry as well as a recovery in the global construction sector. Infrastructure investment, building activity and urbanization could support demand for materials used in construction-related applications.

Regional picture

The United States market was valued at US$799.4 million in 2024. China is expected to record particularly strong growth, with a CAGR of 7.9% taking its market to US$1.2 billion by 2030. The report also reviews developments in Japan, Canada, Germany, France, Italy, the United Kingdom, India, South Korea and other countries and regions. Asia-Pacific is identified as an important growth region, while North America and Europe are described as offering significant opportunities for market participants.

Competitive landscape and risks

The market features established chemical manufacturers and rubber industry participants competing through product development, technological innovation and strategic positioning. Companies named in the report are ARLANXEO Holding B.V., Asahi Kasei Corporation, Chi Mei Corporation, Dynasol Group, Goodyear Tire and Rubber Company, JSR Corporation, LANXESS AG, LG Chem Ltd., SIBUR International GmbH, China Petroleum & Chemical Corporation (Sinopec), Sumitomo Chemical Asia Pte Ltd, Synthos SA, Taiwan Synthetic Rubber Corporation, Trinseo and Versalis S.p.A. Vertical integration and a strategic focus on tire applications are among the strategies identified.

Against the growth outlook, the report points to challenges from international trade developments, supply chain disruption and economic uncertainty. The November 2026 edition incorporates updated analysis of tariff developments across more than 180 countries, including their potential effects on sourcing, supply chains and geographic market positioning, alongside revised forecasts to 2030, historical market performance from 2015 to 2023 and competitive market share estimates for 2025. Those factors are expected to remain central as manufacturers weigh production strategy, regional expansion and investment opportunities.