Water-based SBR Binders Market

In Business Insights
June 03, 2025


The Global Water-based SBR Binder Market was valued at USD 102 million in 2023 and is projected to reach USD 746.92 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 32.90% during the forecast period. This growth is driven by increasing demand for electric vehicles, renewable energy storage systems, and the global shift toward sustainable battery technologies.

As the energy storage sector evolves to meet decarbonization goals, water-based SBR binders have emerged as critical components enhancing lithium-ion battery performance. These eco-friendly binders outperform traditional options with superior adhesion, flexibility, and electrochemical stability. This report profiles the Top 10 Companies in the Water-based SBR Binder Industry—market leaders driving innovation across Asia, Europe, and North America.


🔟 1. ZEON Corporation

Headquarters: Tokyo, Japan
Key Offering: ZEONEX® SBR Binder Series

ZEON Corporation is a global leader in polymer solutions, specializing in high-performance aqueous SBR binders for lithium-ion battery electrodes. The company holds significant intellectual property in binder technology that enhances battery cycle life and energy density.

Technology Leadership:

  • Patented emulsion polymerization processes
  • Zero-VOC binder formulations
  • Strategic R&D partnerships with battery manufacturers

Download FREE Sample Report: Water-based SBR Binder Market – View in Detailed Research Report


9️⃣ 2. JSR Corporation

Headquarters: Tokyo, Japan
Key Offering: TRD Series SBR Binders

p>JSR Corporation ranks among the top binder suppliers for EV batteries, with its TRD series widely adopted by Asian battery manufacturers. The company operates advanced production facilities across Japan, South Korea, and China.

Market Position:

  • 30%+ market share in Asian battery binder sector
  • Custom solutions for high-nickel cathodes

8️⃣ 3. BASF SE

Headgrounds: Ludwigshafen, Germany
Key Offering: Licity® Water-based Binders

BASF is Europe’s leading supplier of water-based SBR binders, offering sustainable solutions from bio-based raw materials to energy-efficient production processes.

Sustainability Initiatives:

  • Carbon-neutral production roadmap by 2030
  • Closed-loop water recycling systems

7️⃣ 4. LG Chem

Headquarters: Seoul, South Korea
Key Offering: LG SBR Binders

LG Chem leverages vertical integration to optimize binder formulations for its battery production while serving external customers. The company is expanding capacity to meet EV market demands.

Capacity Expansion:

  • 20,000 MT/year new production coming online (2025)
  • Dedicated R&D center for next-gen binders

6️⃣ 5. Nippon A&L Inc.

Headquarters: Tokyo, Japan
Key Offering: AL-1000 Series

Nippon A&L specializes in ultra-high purity binders for premium batteries, supplying Japanese and Korean battery manufacturers with materials that reduce impedance.

Quality Standards:

  • 99.9% purity levels
  • Nanoscale particle size control

Download FREE Sample Report: Water-based SBR Binder Market – View in Detailed Research Report


5️⃣ 6. Synthomer plc

Headquarters: London, UK
Key Offering: Synthomer SBR Binders

Synthomer is expanding into battery materials with water-based SBR binders featuring additives for improved low-temperature performance in EV batteries.

Technical Advantages:

  • Enhanced thermal stability (-40°C to 85°C)
  • Compatible with silicon anodes

4️⃣ 7. OMNOVA Solutions

Headquarters: Beachwood, Ohio, USA
Key Offering: AQUATHANE® Binders

p>OMNOVA provides specialized binders for North American battery manufacturers, optimized for high-speed electrode coating processes.

Market Focus:

  • Automated battery production lines
  • Fast-drying formulations

3️⃣ 8. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Kynar® Flex Binders

Arkema combines fluoropolymer expertise with SBR technology to create hybrid binders with superior chemical resistance.

Innovations:

  • Fluorinated SBR copolymers
  • Extended cycle life in high-voltage batteries

2️⃣ 9. Apollo Tyres

Headquarters: Gurugram, India
Key Offering: Apollo SBR Binders

Apollo Tyres has entered the battery binder market, leveraging rubber technology expertise for India’s growing EV sector.

Strategic Moves:

  • New binder production line (2024)
  • Partnerships with battery makers

1️⃣ 10. SINOPEC

Headquarters: Beijing, China
Key Offering: Greatwall SBR Binders

SINOPEC is scaling production to meet domestic battery demand, with significant R&D investments to improve binder performance.

Growth Strategy:

  • 200% capacity expansion (2023-2026)
  • Cost leadership in Chinese market

Read Full Report: Water-based SBR Binder Market – View in Detailed Research Report


🔋 Market Outlook

The water-based SBR binder market is experiencing transformative growth as battery technology advances. Key trends include:

  • 35%+ annual growth in EV adoption
  • Silicon-rich anodes and solid-state batteries
  • Supply chain localization
  • Circular economy initiatives

Companies are developing next-generation binder technologies critical for the global energy transition.

Download FREE Sample Report: Water-based SBR Binder Market – View in Detailed Research Report