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India Styrene-Butadiene Rubber (SBR) Market Trends, Size, Forecast - 2019-2025

India SBR market is anticipated to grow at a significant growth rate during the forecast period. A considerable number of the manufacturing unit establishment has been witnessed in the country in the last decade in the field of SBR rubber. The first large-scale SBR plant was established at Panipat by Indian Synthetic Rubber (a joint venture of Indian Oil Corp., Taiwanu2019s TSRC and Japanu2019s Marubeni) in 2013 with an investment of around $300 million. Moreover, Reliance Industries Ltd. also developed a plant of SBR in 2015-2016 with an annual capacity of 150,000 tons. Cohesive government regulation can disrupt the SBR market in the country.

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India Styrene-Butadiene Rubber (SBR) Market Trends, Size, Forecast - 2019-2025

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  1. Orion Market Research Orion Market Research India (SBR) Market Trends, Size, Forecast - 2019-2025 Request a free sample of our report on India Styrene-Butadiene Rubber (SBR) Market : https://www.omrglobal.com/request-sample/india-styrene-butadiene- rubber-market --------------------------------------------------------------------------------------------------------------------- Company Name: Orion Market Research Styrene-Butadiene Rubber Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com

  2. Contact no: +91 780-304-0404 India SBR market is anticipated to grow at a significant growth rate during the forecast period. A considerable number of the manufacturing unit establishment has been witnessed in the country in the last decade in the field of SBR rubber. The first large-scale SBR plant was established at Panipat by Indian Synthetic Rubber (a joint venture of Indian Oil Corp., Taiwan’s TSRC and Japan’s Marubeni) in 2013 with an investment of around $300 million. Moreover, Reliance Industries Ltd. also developed a plant of SBR in 2015- 2016 with an annual capacity of 150,000 tons. Cohesive government regulation can disrupt the SBR market in the country. The Indian government is planning to mandatory certification of some more chemical imports in which styrene also include. The move is in order to curb the import and motivate ‘make in India’ initiative. Request a free sample of our report on India Styrene-Butadiene Rubber (SBR) Market : https://www.omrglobal.com/request-sample/india-styrene-butadiene- rubber-market The largest SBR consumers in India is the automotive sector which can be categorized into two sectors - the tire sector and the non-tire sector. The tire sector comprises all types of automobile tires, conventional as well as radial tires - and tire exports. The non-tire sector comprises the medium-scale, small scale, and tiny units, which produce high technology and sophisticated industrial products. The country is the fourth largest manufacturer of vehicles globally however a downfall has been witnessed in the country in 2019, which is a major restraint for the growth of the market. However, the market is expected to grow considerably during the forecast period. Due to this, tire companies are significantly expanding their manufacturing facilities in the country. For instance, in August 2019, Maxxis Tyres announced to set up five manufacturing plants in the country.

  3. In the same month, Mahansaria Tyres Pvt. Ltd., announced to start a new plant in Gujarat. A full report of India Styrene-Butadiene Rubber (SBR) Market is available at : https://www.omrglobal.com/industry-reports/india-styrene-butadiene-rubber- market India SBR market is segmented on the basis of type and end-user. By type, the market is further segmented into Emulsion SBR and Solution SBR. During the forecast period, solution SBR is expected to have a major market growth rate in the country. By end-user, the market is further segmented into automobile components, industrial application, footwear, household, and others. By end-user, the automobile components segment will hold the major market share in the country. India SBR Market Segmentation By Type Solution SBR Emulsion SBR By End-User Automobile Component Industrial Application Footwear Household Others (Electronics, Aerospace) Company Profiles ARLANXEO Holding B.V.

  4. Asahi Kasei Corp. Bridgestone Corp. Exxon Mobil Corp. Indian SBR Pvt. Ltd. Kuraray Co., Ltd. LG Chem, Ltd. Reliance Industries Ltd. SABIC The Dow Chemical Co. For rubber-market About us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. more https://www.omrglobal.com/report-customization/india-styrene-butadiene- customized data, request for report customization @ For More Information, Visit https://www.omrglobal.com/ Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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