The Market Reports

Synopsis
The global market for Functionalized SSBR was estimated to be worth US$ 1843 million in 2024 and is forecast to a readjusted size of US$ 2554 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
Functionalized SSBR is a high-performance rubber material mainly used in the preparation of high-performance tires. ‌ Functionalized SSBR improves the dispersion of fillers in the rubber by introducing polar groups into the styrene-butadiene rubber molecular chain, inhibits the disordered movement of the polymer chain ends and generates heat, and ultimately reduces tire rolling. resistance and improve wet skid resistance. This material has the advantages of high wear resistance, cold resistance, low rolling resistance, low heat generation and high rebound. It is an indispensable key core material for new energy tires.
In 2023, the market concentration of the functionalized SSBR industry is relatively high. Asahi Kasei is the largest player.
As for types, non-oil extended type accounts for a higher share, and it is expected to remain stable in the future.
As for applications, passenger car tire is the main application field of Functionalized SSBR. The growing trend toward automotive is a significant driver for the functionalized SSBR market.
China, US and Asia (excluding China) are the key consumption regions of functionalized SSBR, and the sales shares of these three regions accounted for more than 80% in 2023.
This report aims to provide a comprehensive presentation of the global market for Functionalized SSBR, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Functionalized SSBR by region & country, by Type, and by Application.
The Functionalized SSBR market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Functionalized SSBR.
Market Segmentation
By Company
Asahi Kasei
Synthos
ENEOS
Arlanxeo
Goodyear
Michelin
Kumho Petrochemical
Dynasol
Zeon
LG Chem
Versalis
Sibur
Bridgestone
TSRC
CNPC
Sinopec
Segment by Type
Non-oil Extended Type
Oil Extended Type
Segment by Application
Passenger Car Tires
Truck & Bus Tires
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Functionalized SSBR manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Functionalized SSBR in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Functionalized SSBR in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index