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The largest SBR consumers in India is the automotive sector which can be categorized into two sectors - the tire sector and the non-tire sector. The tire sector comprises all types of automobile tires, conventional as well as radial tires - and tire exports. The non-tire sector comprises the medium-scale, small scale, and tiny units, which produce high technology and sophisticated industrial products. The country is the fourth largest manufacturer of vehicles globally however a downfall has been witnessed in the country in 2019, which is a major restraint for the growth of the market. However, the market is expected to grow considerably during the forecast period. Due to this, tire companies are significantly expanding their manufacturing facilities in the country. For instance, in August 2019, Maxxis Tyres announced to set up five manufacturing plants in the country. In the same month, Mahansaria Tyres Pvt. Ltd., announced to start a new plant in Gujarat.
A full report of India Styrene-Butadiene Rubber (SBR) Market available @ https://www.omrglobal.com/industry-reports/india-styrene-butadiene-rubber-market
• Market Coverage
• Market number available for – 2019-2025
• Base year- 2019
• Forecast period- 2020-2025
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
India SBR Market by Type
o Solution SBR
o Emulsion SBR
India SBR Market by End-User
o Automobile Component
o Industrial Application
o Footwear
o Household
o Others (Electronics, Aerospace)
Company Profiles
o ARLANXEO Holding B.V.
o Asahi Kasei Corp.
o Bridgestone Corp.
o Exxon Mobil Corp.
o Indian SBR Pvt. Ltd.
o Kuraray Co., Ltd.
o LG Chem, Ltd.
o Reliance Industries Ltd.
o SABIC
o The Dow Chemical Co.
o The Goodyear Tire & Rubber Co.
o The Michelin Group
o Tosoh Corp.
o Trinseo LLC
o TSRC Corp.
o Ube Industries, Ltd.
The Report Covers
• Comprehensive research methodology of India SBR Market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the India SBR Market.
• Insights about market determinants which are stimulating India SBR Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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