Styrene-Butadiene Rubber Market Report - Global Forecast till 2027

Global Styrene-Butadiene Rubber (SBR) Market: Information by Type (Emulsion SBR (E-SBR) and Solution SBR (S-SBR)), Application (Tires, Industrial, Footwear, Polymer Modification and Adhesives) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2027

ID: MRFR/CnM/0544-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


Styrene butadiene rubber (SBR), a synthetic rubber majorly used as an alternative to the natural rubber, is a copolymer consisting of styrene and butadiene. It is one of the most widely consumed synthetic rubbers in the world owing to its versatility, excellent heat- and wear-resistance, enhanced abrasion-resistance, good aging stability, and low rolling resistance. Emulsion polymerization SBR and solution polymerization SBR are the two major types of SBR, with the later gaining high popularity in recent years. SBR is widely used to manufacture tires, shoes, and industrial goods, as well for the formulation of adhesives and polymer modification. The major end-use industries served by the product are automotive, footwear, construction, and medical.


The global styrene-butadiene rubber market is projected to be valued at over USD 8 billion, registering a CAGR of over 6% during the review period, 20192025. Majority of the demand for the elastomer is in the automotive industry for the manufacture of tires. Increasing consciousness about safety during the operation of automobiles and rising concerns for fuel efficiency are the key factors favoring demand for high-performance tires in the automotive industry. The increasing need for lighter vehicles for reducing the CO2 emissions and improving the fuel efficiency of conventional fuel cars, the demand for lighter weight tires with thinner and longer-life threads is increasing. Significant growth of the automotive industry in the emerging economies of Asia-Pacific and the Middle East & Africa, coupled with the high demand for SBR in manufacturing high-performance automobile tires are the prominent factors driving the market growth. The E-SBR finds application in the manufacture of footwear, flooring adhesives, light-colored mechanical goods, pharmaceutical and food contact articles, industrial hoses, and technical products with high hardness. Additionally, it is also used in the manufacture of extruded gaskets, automotive brake & clutch pads, automobile mats, flooring, food packaging, and adhesives, among others.


The key players operating in the global market are adopting various business strategies such as expansions, investments, and mergers & acquisitions in order to strengthen their market hold. For instance, in March 2018, JSR Corporation and MOL Group inaugurated a new synthetic rubber manufacturing plant at Hungary. This plant will produce 60,000 tons of solution SBR annually primarily for the automotive, packaging, and construction industries.


The fluctuations in crude oil prices are expected to hinder the prices of raw materials for SBR, which is estimated to be a key factor hampering the global market growth during the review period.


Key Players


Asahi Kasei Corporation (Japan), JSR Corporation (Japan), ARLANXEO (Netherlands), Lion Elastomers (US), Versalis SpA (Italy), Reliance Industries Limited (India), Zeon Corporation (Japan), LG Chem (South Korea), Trinseo (US), KUMHO PETROCHEMICAL (South Korea), and Goodyear Rubber Company (US) are some of the key players operating in the global styrene-butadiene rubber (SBR) market.


Global Styrene-Butadiene Rubber (SBR) Market Share, by Application, 2018 (%)  Styrene-Butadiene Rubber (SBR) Market


Source: MRFR Analysis


Regional Analysis


The global styrene-butadiene rubber (SBR) market has been segmented into five key regions—Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Asia-Pacific held a share of over 50% of the global market in 2018 and is projected to be the dominant regional market in the years to follow. This is mainly attributed to the growing automotive and construction industries in the region. The automotive industry in the economies of India, China, Japan, South Korea, and Thailand are expected to be the major consumers of the styrene-butadiene rubber in the regional market in the years to follow. The footwear industry in the region is also expected to witness healthy growth on account of the increase in per capita expenditure of the individuals and rising demand for high-performance sports footwear in the developing economies in the region.


North America is expected to be the second-largest regional market, which is primarily attributed to the expanding healthcare and automotive industries in the region. The large-scale use of styrene-butadiene rubber in the manufacturing of automobile green tires is expected to be the key factor favoring the regional market growth.


The regional market in the Middle East & Africa is expected to be the other fast-growing regional market on account of the expanding automotive sector in the region.


Market Segmentation


The global styrene-butadiene rubber (SBR) market has been segmented on the basis of type, application, and region.


Based on type, the global styrene-butadiene rubber (SBR) market has been classified as emulsion SBR (E-SBR) and solution SBR (S-SBR). The E-SBR segment is further sub-segmented into non-oil extended and oil extended.


By application, the global styrene-butadiene rubber (SBR) market has been divided into tires, industrial, footwear, polymer modification, adhesives, and others.


The global styrene-butadiene rubber (SBR) market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Intended Audience



  • Styrene-butadiene rubber (SBR) manufacturers

  • Traders and distributors of styrene-butadiene rubber

  • Research and development institutes

  • Potential investors

  • End users

  • Nationalized laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2025: USD 8 Billion
  • 2027: Significant Value
  •   CAGR   6% (2019-2025)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Application
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Asahi Kasei Corporation (Japan), JSR Corporation (Japan), ARLANXEO (Netherlands), Lion Elastomers (US), Versalis SpA (Italy), Reliance Industries Limited (India), Zeon Corporation (Japan), LG Chem (South Korea), Trinseo (US), KUMHO PETROCHEMICAL (South Korea), and Goodyear Rubber Company (US)
      Key Market Opportunities

  • The increasing need for lighter vehicles
  • The fluctuations in crude oil prices
  •   Key Market Drivers

  • Increasing consciousness about safety
  • Rising concerns for fuel efficiency


  • Frequently Asked Questions (FAQ) :


    The styrene-butadiene rubber market is slated to achieve a valuation of around USD 8 billion by 2025.

    The styrene-butadiene rubber market would rise by 6% CAGR during the forecast period encompassing 2019 to 2025.

    Industries like automotive, footwear, construction, and medical would inspire growth for the styrene-butadiene rubber market.

    Fluctuating crude oil price would make the styrene-butadiene rubber market growth unstable.

    The Asia Pacific market would ensure growth for the styrene-butadiene rubber market.

    Table of Contents

    1 Executive Summary

    2 Market Introduction

    2.1 Market Definition

    2.2 Scope of the Study

    2.3 Assumptions & Limitations

    2.4 Market Structure

    2.5 Key Takeaways

    3 Market Insights

    4 Research Methodology

    4.1 Research Process

    4.2 Primary Research

    4.3 Secondary Research

    4.4 Market Size Estimation

    4.5 Forecast Model

    5 Market Dynamics

    5.1 Introduction

    5.2 Drivers

    5.3 Restraints

    5.4 Opportunities

    5.5 Challenges

    5.6 Trends

    6 Market Factor Analysis

    6.1 Supply Chain Analysis

    6.1.1 Raw Material Suppliers

    6.1.2 Manufacturers/Producers

    6.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

    6.1.4 End-Users

    6.2 Porter’s Five Forces Analysis

    6.2.1 Threat of New Entrants

    6.2.2 Intensity of Competitive Rivalry

    6.2.3 Threat of Substitutes

    6.2.4 Bargaining Power of Suppliers

    6.2.5 Bargaining Power of Buyers

    6.3 Pricing Analysis

    7. Global Styrene-Butadiene Rubber (SBR) Market, by Type

    7.1 Introduction

    7.2 Emulsion SBR (E-SBR)

    7.2.1 Market Estimates & Forecast, 2020–2027

    7.2.2 Market Estimates & Forecast, by Region, 2020–2027

    7.2.3 Non-Oil Extended

    7.2.4 Oil Extended

    7.3 Solution SBR (S-SBR)

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8. Global Styrene-Butadiene Rubber (SBR) Market, by Application

    8.1 Introduction

    8.2 Tires

    8.2.1 Market Estimates & Forecast, 2020–2027

    8.2.2 Market Estimates & Forecast, by Region, 2020–2027

    8.3 Industrial

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8.4 Footwear

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast, by Region, 2020–2027

    8.5 Polymer Modification

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast, by Region, 2020–2027

    8.6 Adhesives

    8.6.1 Market Estimates & Forecast, 2020–2027

    8.6.2 Market Estimates & Forecast, by Region, 2020–2027

    8.7 Others

    8.7.1 Market Estimates & Forecast, 2020–2027

    8.7.2 Market Estimates & Forecast, by Region, 2020–2027

    9. Global Styrene-Butadiene Rubber (SBR) Market, by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020–2027

    9.2.2 Market Estimates & Forecast, by Type, 2020–2027

    9.2.3 Market Estimates & Forecast, by Application, 2020–2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020–2027

    9.2.4.2 Market Estimates & Forecast, by Type, 2020–2027

    9.2.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.2.5 Canada

    9.2.5.1 Market Estimates & Forecast, 2020–2027

    9.2.5.2 Market Estimates & Forecast, by Type, 2020–2027

    9.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020–2027

    9.3.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020–2027

    9.3.4.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020–2027

    9.3.5.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020–2027

    9.3.6.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020–2027

    9.3.7.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.8 UK

    9.3.8.1 Market Estimates & Forecast, 2020–2027

    9.3.8.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.9 Russia

    9.3.9.1 Market Estimates & Forecast, 2020–2027

    9.3.9.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.10 Poland

    9.3.10.1 Market Estimates & Forecast, 2020–2027

    9.3.10.2 Market Estimates & Forecast, by Type, 2020–2027

    9.3.10.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4 Asia-Pacific

    9.4.1 Market Estimates & Forecast, 2020–2027

    9.4.2 Market Estimates & Forecast, by Type, 2020–2027

    9.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020–2027

    9.4.4.2 Market Estimates & Forecast, by Type, 2020–2027

    9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.5 India

    9.4.5.1 Market Estimates & Forecast, 2020–2027

    9.4.5.2 Market Estimates & Forecast, by Type, 2020–2027

    9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast, 2020–2027

    9.4.6.2 Market Estimates & Forecast, by Type, 2020–2027

    9.4.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.7 Australia & New Zealand

    9.4.7.1 Market Estimates & Forecast, 2020–2027

    9.4.7.2 Market Estimates & Forecast, by Type, 2020–2027

    9.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.8 Indonesia

    9.4.8.1 Market Estimates & Forecast, 2020–2027

    9.4.8.2 Market Estimates & Forecast, by Type, 2020–2027

    9.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.9 Rest of Asia-Pacific

    9.4.9.1 Market Estimates & Forecast, 2020–2027

    9.4.9.2 Market Estimates & Forecast, by Type, 2020–2027

    9.4.9.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020–2027

    9.5.2 Market Estimates & Forecast, by Type, 2020–2027

    9.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020–2027

    9.5.4.2 Market Estimates & Forecast, by Type, 2020–2027

    9.5.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020–2027

    9.5.5.2 Market Estimates & Forecast, by Type, 2020–2027

    9.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.6 South Africa

    9.5.6.1 Market Estimates & Forecast, 2020–2027

    9.5.6.2 Market Estimates & Forecast, by Type, 2020–2027

    9.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020–2027

    9.5.7.2 Market Estimates & Forecast, by Type, 2020–2027

    9.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.8 Rest of the Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020–2027

    9.5.8.2 Market Estimates & Forecast, by Type, 2020–2027

    9.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020–2027

    9.6.2 Market Estimates & Forecast, by Type, 2020–2027

    9.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020–2027

    9.6.4.2 Market Estimates & Forecast, by Type, 2020–2027

    9.6.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020–2027

    9.6.5.2 Market Estimates & Forecast, by Type, 2020–2027

    9.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.6 Mexico

    9.6.6.1 Market Estimates & Forecast, 2020–2027

    9.6.6.2 Market Estimates & Forecast, by Type, 2020–2027

    9.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.7 Rest of Latin America

    9.6.7.1 Market Estimates & Forecast, 2020–2027

    9.6.7.2 Market Estimates & Forecast, by Type, 2020–2027

    9.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

    10. Competitive Landscape

    10.1 Introduction

    10.2 Market Strategy Analysis

    10.3 Key Development Analysis

    (Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

    11. Company Profiles

    11.1 Asahi Kasei Corporation

    11.1.1 Company Overview

    11.1.2 Financial Overview

    11.1.3 Product/Business Segment Overview

    11.1.4 Key Developments

    11.1.5 SWOT Analysis

    11.1.6 Key Strategies

    11.2 JSR Corporation

    11.2.1 Company Overview

    11.2.2 Financial Overview

    11.2.3 Product/Business Segment Overview

    11.2.4 Key Developments

    11.2.5 SWOT Analysis

    11.2.6 Key Strategies

    11.3 ARLANXEO

    11.3.1 Company Overview

    11.3.2 Financial Overview

    11.3.3 Product/Business Segment Overview

    11.3.4 Key Developments

    11.3.5 SWOT Analysis

    11.3.6 Key Strategies

    11.4 Lion Elastomers

    11.4.1 Company Overview

    11.4.2 Financial Overview

    11.4.3 Product/Business Segment Overview

    11.4.4 Key Developments

    11.4.5 SWOT Analysis

    11.4.6 Key Strategies

    11.5 Versalis SpA

    11.5.1 Company Overview

    11.5.2 Financial Overview

    11.5.3 Product/Business Segment Overview

    11.5.4 Key Developments

    11.5.5 SWOT Analysis

    11.5.6 Key Strategies

    11.6 Reliance Industries Limited

    11.6.1 Company Overview

    11.6.2 Financial Overview

    11.6.3 Product/Business Segment Overview

    11.6.4 Key Developments

    11.6.5 SWOT Analysis

    11.6.6 Key Strategies

    11.7 Zeon Corporation

    11.7.1 Company Overview

    11.7.2 Financial Overview

    11.7.3 Product/Business Segment Overview

    11.7.4 Key Developments

    11.7.5 SWOT Analysis

    11.7.6 Key Strategies

    11.8 LG Chem

    11.8.1 Company Overview

    11.8.2 Financial Overview

    11.8.3 Product/Business Segment Overview

    11.8.4 Key Developments

    11.8.5 SWOT Analysis

    11.8.6 Key Strategies

    11.9 Trinseo

    11.9.1 Company Overview

    11.9.2 Financial Overview

    11.9.3 Product/Business Segment Overview

    11.9.4 Key Developments

    11.9.5 SWOT Analysis

    11.9.6 Key Strategies

    11.10 KUMHO PETROCHEMICAL

    11.10.1 Company Overview

    11.10.2 Financial Overview

    11.10.3 Product/Business Segment Overview

    11.10.4 Key Developments

    11.10.5 SWOT Analysis

    11.10.6 Key Strategies

    11.11 Goodyear Rubber Company

    11.11.1 Company Overview

    11.11.2 Financial Overview

    11.11.3 Product/Business Segment Overview

    11.11.4 Key Developments

    11.11.5 SWOT Analysis

    11.11.6 Key Strategies

    12. Appendix


    LIST OF TABLES

    Table 1 Global Styrene-Butadiene Rubber (SBR) Market, by Region, 2020–2027

    Table 2 North America: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 3 Europe: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 4 Asia-Pacific: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 5 Middle East & Africa: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 6 Latin America: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 7 Global Styrene-Butadiene Rubber (SBR) Market, for Type, by Region, 2020–2027

    Table 8 North America: Styrene-Butadiene Rubber (SBR) Market, for Type, by Country, 2020–2027

    Table 9 Europe: Styrene-Butadiene Rubber (SBR) Market, for Type, by Country, 2020–2027

    Table 10 Asia-Pacific: Styrene-Butadiene Rubber (SBR) Market, for Type, by Country, 2020–2027

    Table 11 Middle East & Africa: Styrene-Butadiene Rubber (SBR) Market, for Type, by Country, 2020–2027

    Table 12 Latin America: Styrene-Butadiene Rubber (SBR) Market, for Type, by Country, 2020–2027

    Table 13 Global Styrene-Butadiene Rubber (SBR) Market, for Application, by Region, 2020–2027

    Table 14 North America: Styrene-Butadiene Rubber (SBR) Market, for Application, by Country, 2020–2027

    Table 15 Europe: Styrene-Butadiene Rubber (SBR) Market, for Application, by Country, 2020–2027

    Table 16 Asia-Pacific: Styrene-Butadiene Rubber (SBR) Market, for Application, by Country, 2020–2027

    Table 17 Middle East & Africa: Styrene-Butadiene Rubber (SBR) Market, for Application, by Country, 2020–2027

    Table 18 Latin America: Styrene-Butadiene Rubber (SBR) Market, for Application, by Country, 2020–2027

    Table 19 Global Type Market, by Region, 2020–2027

    Table 20 Global Application Market, by Region, 2020–2027

    Table 21 North America: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 22 North America: Styrene-Butadiene Rubber (SBR) Market, by Type, 2020–2027

    Table 23 North America: Styrene-Butadiene Rubber (SBR) Market, by Application, 2020–2027

    Table 24 Europe: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 25 Europe: Styrene-Butadiene Rubber (SBR) Market, by Type, 2020–2027

    Table 26 Europe: Styrene-Butadiene Rubber (SBR) Market, by Application, 2020–2027

    Table 27 Asia-Pacific: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 28 Asia-Pacific: Styrene-Butadiene Rubber (SBR) Market, by Type, 2020–2027

    Table 29 Asia-Pacific: Styrene-Butadiene Rubber (SBR) Market, by Application, 2020–2027

    Table 30 Middle East & Africa: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 31 Middle East & Africa: Styrene-Butadiene Rubber (SBR) Market, by Type, 2020–2027

    Table 32 Middle East & Africa: Styrene-Butadiene Rubber (SBR) Market, by Application, 2020–2027

    Table 33 Latin America: Styrene-Butadiene Rubber (SBR) Market, by Country, 2020–2027

    Table 34 Latin America: Styrene-Butadiene Rubber (SBR) Market, by Type, 2020–2027

    Table 35 Latin America: Styrene-Butadiene Rubber (SBR) Market, by Application, 2020–2027


    LIST OF FIGURES

    FIGURE 1 Global Styrene-Butadiene Rubber (SBR) Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Global Styrene-Butadiene Rubber (SBR) Market

    FIGURE 4 Supply Chain Analysis of Global Styrene-Butadiene Rubber (SBR) Market

    FIGURE 5 Share of Styrene-Butadiene Rubber (SBR) Market, by Country, 2020 (%)

    FIGURE 6 Global Styrene-Butadiene Rubber (SBR) Market, 2020–2027

    FIGURE 7 Sub-Segments of Type

    FIGURE 8 Global Styrene-Butadiene Rubber (SBR) Market Size, by Type, 2020 (%)

    FIGURE 9 Share of Global Styrene-Butadiene Rubber (SBR) Market, by Type, 2020–2027

    FIGURE 10 Sub-Segments of Application

    FIGURE 11 Global Styrene-Butadiene Rubber (SBR) Market Size, by Application, 2020 (%)

    FIGURE 12 Share of Global Styrene-Butadiene Rubber (SBR) Market, by Application, 2020–2027