| Product Code: ETC087764 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand import trend for Styrene-Butadiene Rubbers (SBR) exhibited a notable growth rate of 11.9% from 2023 to 2024, with a compound annual growth rate (CAGR) of 13.26% for the period 2020-2024. This import momentum can be attributed to the increasing demand for SBR in various industries, indicating a shift towards market stability and sustained growth in the sector.
The styrene butadiene rubbers (SBR) market size in Thailand was estimated at USD 497 million in 2025 and is projected to reach USD 677 million at a CAGR of 4.6%. This growth can be credited mainly due tire manufacturing sector?s growing investments capitalizing on rising consumer preferences towards vehicles with better fuel efficiency that require higher quality rubber materials like SBR rubber compounds with superior mechanical properties like abrasion resistance etc., driving more sales opportunities within domestic markets.
The SBR market in Thailand is influenced by the automotive and tire industries, where SBR is used to improve the performance of tires and rubber products. As the automotive sector grows and tire manufacturers seek to enhance safety and fuel efficiency, the demand for high-quality rubber compounds like SBR increases. Market growth is also supported by industries requiring synthetic rubber for various applications.
Challenges in the SBR market include raw material availability, market competition, and environmental regulations. Sourcing sufficient butadiene, a key raw material for SBR production, can be challenging due to its availability and pricing fluctuations. Moreover, competition from alternative rubber materials and addressing environmental regulations for rubber production are significant challenges.
Styrene butadiene rubber is used in tire manufacturing and other industrial applications. The pandemic`s impact on the automotive industry and fluctuations in tire demand could have influenced the SBR market. As the automotive sector rebounds and tire production picks up, the SBR market is expected to follow suit.
In the SBR market, players like Trinseo, Michelin Group, and LG Chem stand out. These companies produce styrene butadiene rubber, a versatile synthetic rubber used in tires, footwear, and various industrial applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Styrene-butadiene rubbers (SBR) Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Styrene-butadiene rubbers (SBR) Market - Industry Life Cycle |
3.4 Thailand Styrene-butadiene rubbers (SBR) Market - Porter's Five Forces |
3.5 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Thailand Styrene-butadiene rubbers (SBR) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable rubber products |
4.2.2 Increasing use of styrene-butadiene rubber in the automotive industry |
4.2.3 Expansion of the construction industry in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from other synthetic rubber types |
4.3.3 Regulatory challenges related to environmental concerns |
5 Thailand Styrene-butadiene rubbers (SBR) Market Trends |
6 Thailand Styrene-butadiene rubbers (SBR) Market, By Types |
6.1 Thailand Styrene-butadiene rubbers (SBR) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Emulsion SBR, 2021-2031F |
6.1.4 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Solution SBR, 2021-2031F |
6.2 Thailand Styrene-butadiene rubbers (SBR) Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Polymer Modification, 2021-2031F |
6.2.4 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.5 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Thailand Styrene-butadiene rubbers (SBR) Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Styrene-butadiene rubbers (SBR) Market Import-Export Trade Statistics |
7.1 Thailand Styrene-butadiene rubbers (SBR) Market Export to Major Countries |
7.2 Thailand Styrene-butadiene rubbers (SBR) Market Imports from Major Countries |
8 Thailand Styrene-butadiene rubbers (SBR) Market Key Performance Indicators |
8.1 Average selling price of styrene-butadiene rubber in Thailand |
8.2 Production capacity utilization rate of SBR manufacturers in Thailand |
8.3 Research and development investment in new SBR technologies |
8.4 Adoption rate of SBR in key end-use industries in Thailand |
8.5 Environmental sustainability initiatives within the SBR manufacturing sector in Thailand |
9 Thailand Styrene-butadiene rubbers (SBR) Market - Opportunity Assessment |
9.1 Thailand Styrene-butadiene rubbers (SBR) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Styrene-butadiene rubbers (SBR) Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Thailand Styrene-butadiene rubbers (SBR) Market - Competitive Landscape |
10.1 Thailand Styrene-butadiene rubbers (SBR) Market Revenue Share, By Companies, 2024 |
10.2 Thailand Styrene-butadiene rubbers (SBR) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |