The Market Reports

Synopsis
The global market for High Styrene Rubber (HSR) was estimated to be worth US$ 234 million in 2024 and is forecast to a readjusted size of US$ 318 million by 2031 with a CAGR of 4.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on High Styrene Rubber (HSR) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
High styrene rubber is a non-polar mixture of white granular particles, belonging to a special variety of styrene butadiene rubber series. It is called high styrene rubber or high styrene resin due to its high content of bound styrene, commonly known as hard rubber. It is a non-polar polymer formed by copolymerization of high content styrene monomer and butadiene monomer with lotion polymerization technology.
High styrene rubber is a non-polar polymer prepared by emulsion copolymerization of styrene and butadiene. Due to its high hardness, rigidity, aging resistance and excellent mechanical strength, it is widely used in tires, soles, rubber rollers, electrical insulation materials and plastic toughening and modification. Its characteristics such as oil resistance, tear resistance and good compatibility with natural rubber make it an important material in the industrial and consumer fields. In 2024, the global high styrene rubber (combined styrene content 40%-60%) market size is US$234 million, and it is expected to reach US$324 million in 2031 (CAGR 4.5%), with China as the main growth driver. Lightweighting of automobiles, high-end electronics and electrical appliances, and upgrading of packaging materials are the core driving forces. The market share of hydrogenated modified HSR (HSBS) will increase from 25% in 2024 to 34% in 2025, and is expected to exceed 50% in 2030. At the same time, the investment in research and development of bio-based HSR will increase by 25% annually. The domestic styrene self-sufficiency rate will increase to 60% in 2030, and the top five companies (such as Asahi Kasei, LG Chem, etc.) has a market share of 63%. Its technical direction focuses on low VOC, resistance to extreme environments and degradable materials. At the policy level, the "14th Five-Year Plan" promotes the greening of the industry, but it faces risks such as fluctuations in crude oil prices, trade barriers between Europe and the United States, and carbon tariffs. In the future, high-performance and environmentally friendly products will become the mainstream.
This report aims to provide a comprehensive presentation of the global market for High Styrene Rubber (HSR), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of High Styrene Rubber (HSR) by region & country, by Type, and by Application.
The High Styrene Rubber (HSR) market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ 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 High Styrene Rubber (HSR).
Market Segmentation
By Company
Asahi Kasei Corporation
Synthos
Zeon
Yantai Shiyuan Rubber
JSR Corporation (Eneos)
Shandong Juding New Material
Apcotex
LG Chem
Lion Elastomers
TSRC
Eni (Versalis)
Dynasol Group
DALIAN RICHON CHEM
CNPC
Kumho Petrochemical
Prismi srl
Segment by Type
Tyrene Content 40%-60%
Tyrene Content>60%
Segment by Application
Automotives Industry
Shoe Industry
Construction Industry
Sports Industry
Electrical Insulation Materials
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 High Styrene Rubber (HSR) 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 High Styrene Rubber (HSR) 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 High Styrene Rubber (HSR) 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