The Global SBR Asphalt Modifier Market was valued at USD 4.8 Billion in 2023 and is projected to reach USD 6.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period (2024–2030). This robust growth is primarily driven by increasing global infrastructure development, rising demand for durable and high-performance road surfaces, and the accelerating adoption of polymer-modified asphalt (PMA) solutions for superior resistance to rutting, cracking, and weathering.

As the construction industry worldwide prioritizes longevity and sustainability in infrastructure, the focus shifts to the key chemical manufacturers and suppliers pioneering advanced asphalt modification technologies. In this blog, we profile the Top 10 Companies in the SBR Asphalt Modifier Industry—a mix of global chemical giants, specialized elastomer producers, and regional leaders shaping the future of road construction and maintenance.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Styrofan® SBR Latex, Powdered SBR Modifiers

BASF is a global leader in chemical solutions, including a comprehensive portfolio of SBR latex products specifically designed for asphalt modification. Their Styrofan® range is renowned for improving the flexibility, cohesion, and ageing resistance of asphalt binders, making them ideal for high-stress applications like highways and airports.

Innovation & Sustainability Initiatives:

• Development of bio-based and recycled-content SBR modifiers

• Focus on reducing the carbon footprint of road construction materials

• Global technical support and R&D centers dedicated to asphalt innovation

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SBR Asphalt Modifier Market – View in Detailed Research Report

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9️⃣ 2. Kumho Petrochemical Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: KOSYNEX® SBR Latex for Asphalt

Kumho Petrochemical is a major South Korean producer of synthetic rubber, with a strong focus on SBR latex for the asphalt modification market. Their products are engineered to enhance the durability and performance of asphalt pavements, particularly in regions with extreme temperature variations.

Innovation & Sustainability Initiatives:

• Investment in high-solids SBR latex for more efficient transportation and handling

• Commitment to sustainable manufacturing processes and circular economy principles

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8️⃣ 3. LANXESS AG

Headquarters: Cologne, Germany
Key Offering: Buna® SB Latex, Custom SBR Formulations

LANXESS is a leading specialty chemicals company with a strong elastomers business单元. Their Buna® SB latex products are widely used to modify asphalt, providing improved resistance to deformation and fatigue, which is critical for heavy-traffic roads and industrial pavements.

Innovation & Sustainability Initiatives:

• Development of next-generation SBR modifiers for cold-mix asphalt applications

• Active participation in industry consortia to establish standards for sustainable infrastructure

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7️⃣ 4. Trinseo PLC

Headquarters: Berwyn, Pennsylvania, USA
Key Offering: SBR Latex Emulsions for Pavement Preservation

Trinseo is a global materials solutions provider and a significant supplier of emulsion polymers, including SBR latex for asphalt. Their products are key components in chip seals, slurry seals, and micro-surfacing treatments that extend the life of existing roadways.

Innovation & Sustainability Initiatives:

• Portfolio expansion to include solutions for recycling asphalt pavements (RAP)

• Emphasis on material science to improve the sustainability profile of infrastructure projects

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SBR Asphalt Modifier Market – View in Detailed Research Report

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6️⃣ 5. TSRC Corporation

Headquarters: Taipei, Taiwan
Key Offering: TSRC SBR Latex for Modified Asphalt

TSRC is a major synthetic rubber producer with a growing presence in the asphalt modifier segment. The company supplies high-quality SBR latex that improves the adhesive and elastic properties of asphalt binders, contributing to longer-lasting road surfaces.

Innovation & Sustainability Initiatives:

• Strategic focus on the Asia-Pacific infrastructure boom

• R&D efforts aimed at optimizing modifier performance for specific climatic conditions

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5️⃣ 6. JSR Corporation

Headquarters: Tokyo, Japan
Key Offering: JSR SBR Latex, Elastomer Modifiers

JSR is a Japanese multinational known for its elastomers and plastics. The company’s SBR products for asphalt modification are designed to meet the stringent requirements of Japan’s advanced infrastructure sector, known for its resilience to earthquakes and severe weather.

Innovation & Sustainability Initiatives:

• Pioneering research in polymer nanocomposites for asphalt

• Commitment to developing products that contribute to disaster-resilient infrastructure

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4️⃣ 7. Lion Elastomers

Headquarters: Houston, Texas, USA
Key Offering: SBR Rubber for Asphalt Modification

Lion Elastomers is a key North American producer of synthetic rubber, including SBR grades tailored for the asphalt industry. The company serves a large market for polymer-modified asphalt used in road construction and roofing applications across the continent.

Innovation & Sustainability Initiatives:

• Investment in production capacity to meet rising demand from US infrastructure bills

• Focus on supply chain efficiency to ensure reliable delivery to asphalt plants

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3️⃣ 8. LG Chem

Headquarters: Seoul, South Korea
Key Offering: SBR Latex, Advanced Elastomer Solutions

LG Chem, a leading chemical company in South Korea, produces a range of SBR latex products used in asphalt modification. Their technical expertise supports the development of high-performance asphalt mixes that can withstand heavy loads and harsh environmental conditions.

Innovation & Sustainability Initiatives:

• Integration of digital tools for product customization and customer support

• Exploration of bio-based raw materials for sustainable SBR production

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2️⃣ 9. Sinopec (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: SBR Rubber, Asphalt Modifier Blends

As one of the world’s largest integrated energy and chemical companies, Sinopec is a dominant player in the Asian SBR asphalt modifier market. The company leverages its vast petrochemical infrastructure to supply modifiers for China’s massive domestic infrastructure projects.

Innovation & Sustainability Initiatives:

• Large-scale production capabilities ensuring stable supply for domestic markets

• Investment in R&D for modifiers compatible with warm-mix asphalt technologies

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1️⃣ 10. Versalis (Eni)

Headquarters: San Donato Milanese, Italy
Key Offering: Europrene® SBR Latex for Asphalt

Versalis, the chemical company of Eni, is a leading European producer of elastomers. Their Europrene® SBR latex is specifically formulated to improve the mechanical properties of asphalt, reducing maintenance cycles and total cost of ownership for road assets.

Innovation & Sustainability Initiatives:

• Development of products from renewable sources as part of Eni’s energy transition strategy

• Strong focus on the European market’s Green Deal and sustainable infrastructure goals

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SBR Asphalt Modifier Market – View in Detailed Research Report

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🌍 Outlook: The Future of SBR Asphalt Modifiers Is Smarter and More Sustainable

The SBR asphalt modifier market is in a phase of significant transformation. While conventional modifiers continue to dominate volume, the industry is increasingly focused on high-performance formulations, sustainable sourcing, and digital integration for optimized application.

📈 Key Trends Shaping the Market:

• Rising demand for durable infrastructure in emerging economies across Asia, Africa, and Latin America

• Increased adoption of polymer-modified asphalt in road maintenance and preservation strategies

• Growing regulatory emphasis on long-lasting, low-maintenance infrastructure to reduce lifecycle costs

• Innovation in modifier chemistry to enhance compatibility with recycled asphalt pavement (RAP)

Get Full Report Here:
SBR Asphalt Modifier Market – View in Detailed Research Report

The companies listed above are not just supplying chemicals—they are providing the essential components for building safer, longer-lasting, and more sustainable infrastructure worldwide.