The Global Solution Styrene Butadiene Rubbers (SSBR) Market was valued at USD 2,950.2 Million in 2023 and is projected to reach USD 3,704.6 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period (2024–2030). This steady growth is driven by the increasing demand for high-performance, fuel-efficient tires, stringent environmental regulations, and the expanding automotive industry, particularly in the Asia-Pacific region.
As the rubber industry evolves toward superior material performance and sustainability, the focus is on the leading chemical companies and elastomer producers driving innovation in polymer science. In this blog, we profile the Top 10 Companies in the Solution Styrene Butadiene Rubbers (SSBR) Industry—a mix of global chemical giants, specialty polymer manufacturers, and tire industry innovators shaping the future of high-performance elastomers.
🔟 1. JSR Corporation
Headquarters: Tokyo, Japan
Key Offering: JSR S-SBR grades for high-performance tires
JSR Corporation is a global leader in synthetic rubber, including a diverse portfolio of Solution SBR products. Their advanced S-SBR grades are essential for manufacturing tires with low rolling resistance, which contributes significantly to vehicle fuel efficiency. JSR’s strong R&D focus ensures continuous improvement in polymer customization for specific tire applications.
Innovation and R&D Focus:
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Development of functionalized S-SBR for enhanced silica filler interaction
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Strong partnerships with major global tire manufacturers
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Commitment to developing sustainable elastomer solutions
Download FREE Sample Report: Solution Styrene Butadiene Rubbers (SSBR) Market – View in Detailed Research Report
9️⃣ 2. LANXESS AG
Headquarters: Cologne, Germany
Key Offering: Buna® SL and Krynac® XS S-SBR grades
LANXESS is a specialty chemicals company and a major global supplier of synthetic rubbers. Their S-SBR product line is crucial for the production of energy-saving “green tires.” The company operates state-of-the-art production facilities and maintains a strong market presence in Europe, the Americas, and Asia.
Innovation and R&D Focus:
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Focus on high-vinyl S-SBR grades for optimal tire performance
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Investment in capacity expansion to meet growing demand
8️⃣ 3. Sinopec (China Petroleum & Chemical Corporation)
Headquarters: Beijing, China
Key Offering: Sinopec S-SBR for domestic and export markets
As one of the largest integrated energy and chemical companies globally, Sinopec is a key player in the Asian S-SBR market. The company leverages its vertical integration, from raw materials to finished polymers, to offer competitive S-SBR products that cater to the massive Chinese and international tire industries.
Innovation and R&D Focus:
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Expansion of S-SBR production capacity within China
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Development of products tailored to local and regional tire specifications
7️⃣ 4. Versalis (Eni)
Headquarters: San Donato Milanese, Italy
Key Offering: Europrene® SOL S-SBR
Versalis, the chemical company of Eni, is a leading European producer of elastomers, including its Europrene® SOL solution SBR. The company’s products are known for their consistency and are used in high-grip and low-rolling-resistance tire treads, serving a broad customer base across the continent.
Innovation and R&D Focus:
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Development of next-generation S-SBR for the European Green Deal objectives
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Emphasis on circular economy principles in polymer production
Download FREE Sample Report: Solution Styrene Butadiene Rubbers (SSBR) Market – View in Detailed Research Report
6️⃣ 5. Kumho Petrochemical
Headquarters: Seoul, South Korea
Key Offering: KOSYN® S-SBR
Kumho Petrochemical is a major South Korean chemical company and a significant producer of synthetic rubber. Its KOSYN® S-SBR brand is recognized globally for quality and is a key material for tire manufacturers seeking to improve fuel efficiency without compromising on wet grip or wear resistance.
Innovation and R&D Focus:
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Continuous improvement of polymer microstructure for tailored properties
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Strategic focus on the growing electric vehicle tire market
5️⃣ 6. LG Chem
Headquarters: Seoul, South Korea
Key Offering: LG S-SBR for advanced tire applications
LG Chem, a leading Korean chemical company, produces a range of high-value synthetic rubbers, including S-SBR. The company invests heavily in R&D to develop advanced materials that meet the evolving needs of the global tire industry, particularly for high-performance and eco-friendly vehicles.
Innovation and R&D Focus:
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Integration of S-SBR production with other high-performance materials
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Focus on sustainability through bio-based raw material research
4️⃣ 7. Trinseo
Headquarters: Berwyn, Pennsylvania, USA
Key Offering: Stereon™ S-SBR
Trinseo is a global materials solutions provider and a leading supplier of emulsion and solution SBR. Their Stereon™ S-SBR products are engineered to provide tire manufacturers with the flexibility to achieve a optimal balance of rolling resistance, wear, and wet grip.
Innovation and R&D Focus:
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Development of customized S-SBR solutions for specific tire segments
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Commitment to sustainable operations and product innovation
3️⃣ 8. Asahi Kasei Corporation
Headquarters: Tokyo, Japan
Key Offering: Tufdene® S-SBR
Asahi Kasei is a diversified Japanese chemical company with a strong presence in the synthetic rubber market. Its Tufdene® S-SBR is a high-quality product line used extensively in tire treads to enhance fuel efficiency. The company is known for its technological expertise and consistent product quality.
Innovation and R&D Focus:
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R&D in polymer modification for improved performance characteristics
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Expansion of global production and supply chain capabilities
2️⃣ 9. SIBUR
Headquarters: Moscow, Russia
Key Offering: SIBUR S-SBR for tires and industrial goods
SIBUR is the largest petrochemical company in Russia and a significant player in the synthetic rubber market. It produces S-SBR primarily for the tire industry, leveraging access to local raw materials. The company serves both the domestic market and exports to Europe and Asia.
Innovation and R&D Focus:
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Modernization and expansion of existing production assets
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Development of new S-SBR grades to broaden application scope
1️⃣ 10. Goodyear Chemical
Headquarters: Akron, Ohio, USA
Key Offering: Specialty S-SBR compounds (internal and merchant market)
While primarily a tire manufacturer, Goodyear’s chemical division has deep expertise in rubber compounding and polymer science. The company develops and utilizes advanced S-SBR in its own premium tire lines and also supplies specialty rubber chemicals to the broader market, offering unique insights from tire design back to raw materials.
Innovation and R&D Focus:
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Direct application of S-SBR research into leading tire technology
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Cross-functional R&D between material science and tire engineering
Get Full Report Here: Solution Styrene Butadiene Rubbers (SSBR) Market – View in Detailed Research Report
🚀 Outlook: The Future of SSBR Is High-Performance and Sustainable
The SSBR market is undergoing a significant transformation. While traditional performance requirements remain critical, the industry is increasingly focused on developing sustainable and smarter elastomer solutions that support the transition to electric vehicles and circular economy principles.
📈 Key Trends Shaping the Market:
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Rising demand for fuel-efficient tires driven by global emission standards
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Growing need for specialized S-SBR grades for Electric Vehicle (EV) tires, which have unique weight and torque requirements
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Increased R&D into bio-based and recycled content for S-SBR production
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Capacity expansions in Asia-Pacific to cater to the region’s dominant tire manufacturing base
Get Full Report Here: Solution Styrene Butadiene Rubbers (SSBR) Market – View in Detailed Research Report
The companies listed above are not only supplying essential materials to the global tire industry—they are at the forefront of innovating the next generation of high-performance, sustainable elastomers.
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