Styrene Butadiene Rubber Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Styrene Butadiene Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The prices of Styrene Butadiene Rubber ( SBR) registered an upward trend during the first quarter. The high crude oil prices, port congestion, and expensive transportation influenced the petrochemical industry in Asia.
The raised quotation of feedstock styrene and butadiene coupled with robust demand from the rubber and tire industry drove the prices. The government decision to impose covid restrictions prompted the factories to halt production which further strained the tight supply.
The price of Styrene Butadiene Rubber averaged 172410 INR/MT in the Indian market during the first quarter. Owing to the high-cost inflation and market supply uncertainties the market sentiment suffered hence driving the SBR prices down during the second quarter.
Europe
The price trends for Styrene Butadiene Rubber ( SBR ) remained strong throughout the said period. Owing to the inflated crude oil prices, enhanced power costs, and expensive raw materials the manufacturers raised their quotations to protect their profitability. These raised quotations were further supported by the robust demand from the pharmaceutical, automotive, and packaging industries. The prices of SBR averaged 3420 USD/MT during the said period.
North America
The trade restrictions amid labour shortages, commodity inflation and booming market sentiments supported the higher prices of SBR throughout the US domestic market. The price of feedstock butadiene averaged 1445/MT FD Texas while that of SBR averaged 3750-3940 USD/MT.
Analyst Insight
According to Procurement Resource, the prices for styrene butadiene rubber are expected o remain lower in the second half of the year. The main reason for the cause could be anticipated in the form of sluggish demand, higher inflation rate, and haphazard logistics. However, a silver line could be feebly seen in the automotive sector.
Procurement Resource provides latest prices of Styrene Butadiene Rubber. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Styrene Butadiene Rubber (SBR) is a synthetic rubber made of styrene and butadiene monomers. The properties of the said polymer depend on the varying ratios of the monomers; usually, rubber having high styrene content is rigid and less flexible. It is a good alternative to natural rubber due to its high abrasion, crack resistance, and heat ageing properties. SBR is the most widely produced and used synthetic rubber globally and was initially marketed under the name Buna-S.
Report Features | Details |
Product Name | Styrene Butadiene Rubber |
HS CODE | 40021990 |
CAS Number | 9003-55-8 |
Industrial Uses | Automotive Parts, Conveyor Belts, Tires, Insulation of wires and cables, Mechanical rubber goods, Adhesives/Lubricants |
Chemical Formula | (C41H44) x n |
Synonyms | SBR, Styrene Butadiene |
Molecular Weight | (536.74) x n g/mol |
Supplier Database | Asahi Kasei, Lanxess, LG Chem, Polimeri Europa, Sinopec |
Region/Countries Covered | Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The two monomers are copolymerized in an emulsion process, in which a soap-like surface-acting agent emulsifies the material in the water solution. Besides the monomers, the solution contains free-radical initiators and stabilizers, which prevent the deterioration of the final product. Upon the reaction, styrene and butadiene are arranged as repeating units and crosslinks are introduced via vulcanization.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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