Global High Solids (Greater than 60%) SBR Market Projected to Reach $121.2 Million by 2028 Amidst COVID-19 Impact
The global High Solids (Greater than 60%) SBR market is expected to witness significant growth in the coming years, according to a report by QYResearch. The report provides a comprehensive analysis of the market, including current trends, market dynamics, and competitive strategies.
Styrene-butadiene (SB) latex, a copolymer composed of styrene and butadiene, is widely used in various industrial and commercial applications. The market for High Solids (Greater than 60%) SBR is projected to reach a readjusted size of $121.2 million by 2028, with a compound annual growth rate (CAGR) of 3.8% during the forecast period of 2022-2028.
The COVID-19 pandemic has had a significant impact on the global High Solids (Greater than 60%) SBR market. The market size is estimated to be worth $96.8 million in 2022, with a readjusted size due to the economic changes caused by the health crisis. Furthermore, the report states that the market is expected to grow at a revised CAGR of % from 2022 to 2028.
The report provides a detailed analysis of the market based on product, application, and geography. Each segment is studied in relation to various factors such as consumption, market share, value, growth rate, and production. The comparative results offered in the report enable readers to understand the competition among players and identify future trends and opportunities in the market.
The report profiles leading companies in the global High Solids (Greater than 60%) SBR market, including Synthomer, Goodyear Tire and Rubber Company, and BASF, among others. It highlights the key activities of these companies in the competitive landscape.
Europe is the largest producer of High Solids (Greater than 60%) SBR, accounting for over 30% of the market share, followed by North America and China. The report also provides a regional analysis of the market, focusing on global and United States market sizes.
Overall, the QYResearch report offers valuable insights into the global High Solids (Greater than 60%) SBR market. It provides recommendations for players to strengthen their position in the market and guides businesses to improve their operations. The report serves as a useful resource for understanding the current and future status of the market, as well as its dynamics and trends.
