14th Jan 2021 - In 2016, the global Solution Styrene Butadiene Rubber (S-SBR) Market size was valued at USD 2.51 billion. The demand for S-SBR in footwear and tire applications is increasing owing to its high synthetic flexibility is expected to drive market growth.
The automotive companies are developing vehicles with high performance and durability, resulting in stringent tire performances specifications. The S-SBR is the only material for the manufacture of high performance tires. The growth in the automotive industry is expected to have a positive impact in S-SBR market.
The increasing awareness regarding fuel saving coupled with technological advancements in tire rubbers is anticipated to show low dissipation energy such as high traction during braking, low abrasion, and low rolling resistance. S-SBR reduces the rolling resistance of vehicles, increases the fuel efficiency and improves the wet grip of tires is likely to replace emulsion styrene butadiene rubber (E-SBR) with S-SBR.
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The increasing exports of tires together with the rising demand for high-performance tires from importing countries is anticipated to drive the market growth of S-SBR market. The utilization of S-SBR in tires is growing owing to the tire labelling regulation of European Union regarding the improvement in tire grades.
The fluctuating prices of raw material are most likely to hamper the S-SBR global market growth. In addition, S-SBR is expected to have a negative impact on the environment owing to its petrochemical origin. However, the utilization of bio-based butadiene is anticipated to reduce the environmental hazards linked with S-SBR.
The tire industry accounted for over 81% of the total revenue share in 2016. The rising demand for S-SBR in high-performance tire manufacturing owing to its high fuel efficiency coupled with improved performance is likely to fuel over the projected period.
In terms of volume, the footwear industry was the second largest application. The application of the product in athletic shoes is on the rise owing to its grip and improved performance is likely to propel market demand. Furthermore, the availability of products through e-commerce platforms together with the changing fashion trends is expected to propel market demand.
The key players in the market such as China National Petroleum Corporation (CNPC) and Sinopec are vertically integrated including the manufacture of raw materials (styrene & butadiene) and further polymerizing to produce synthetic rubber in order to reduce the overall cost of S-SBR.
The complex manufacturing process of S-SBR reduces the competition in the market. The companies dealing with S-SBR include Dynasol, JSR, Sinopec, and Laxness. In addition, these companies are investing in improving the supply chain by vertical integration.
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Solution Styrene Butadiene Rubber Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- North America
- Europe
- France
- Germany
- Italy
- Russia
- UK
- Asia Pacific
- China
- Rest of World
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In 2016, the global solution styrene butadiene rubber (S-SBR) market size was valued at USD 2.51 billion.
The demand for S-SBR in footwear and tire applications is increasing owing to its high synthetic flexibility is expected to drive market growth.
The automotive companies are developing vehicles with high performance and durability, resulting in stringent tire performances specifications.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/solution-styrene-butadiene-rubber-s-sbr-market/request-sample Market Synopsis of Solution Styrene Butadiene Rubber Market: The increasing awareness regarding fuel saving coupled with technological advancements in tire rubbers is anticipated to show low dissipation energy such as high traction during braking, low abrasion, and low rolling resistance.
S-SBR reduces the rolling resistance of vehicles, increases the fuel efficiency and improves the wet grip of tires is likely to replace emulsion styrene butadiene rubber (E-SBR) with S-SBR.
The utilization of S-SBR in tires is growing owing to the tire labelling regulation of European Union regarding the improvement in tire grades.
Industry InsightsThe global Molecular Scissors/Genome Editing Market size was worth USD 2,585.5 million in 2016 which is anticipated to grow at a CAGR of more than 13.5% during the forecast period.
Application of technology in the therapeutic genetic editing process of infected tissue and cells eliminates damage causing mutations, which is expected to enlarge the market size.The existence of robust pipeline products is anticipated to influence progress in genomics sector over the projected period.
Innovative products support the DNA targeting advances with simplicity of AAV packaging for distribution, specificity of the nuclease, and improved flexibility.Furthermore, genome editing is an upcoming stream and biotech & pharmaceutical companies are collaborating for the enhancement of technology.
Moreover, several diseases need an in-vivo method of treatment since some particular cells cannot be eliminated from the body.Application InsightsThe largest market share was accounted by gene therapy and stem cell therapy and is expected to maintain its dominance in the coming years.
Application of innovative technology for the development of novel molecules that can eradicate infectious diseases and hematological malignancies are anticipated to promote the approval of this technology over the forecast period.Get Exclusive Free Sample Copy Of This Report @ https://www.millioninsights.com/industry-reports/molecular-scissors-genome-editing-market/request-sample End-use InsightsThe largest share was attributed by biotechnology organizations as an enormous amount of research is undergoing for development of innovative therapeutics by virtue of molecular scissors.The fastest growth is accounted by government and academic research institutes in the coming years as the adoption rate is increasing for genome engineering technology.
Moreover, improvement in genome engineering techniques is expected to quicken its application in research schemes by the government.Service InsightsKey market players offer partial services and user-friendly sets to the stem cell scientists which assist them to perform the engineering process without compromising the required pluripotency conditions.Companies, such as Sigma-Aldrich Corporation and Thermo Fisher offer customized products for cutting the cell lines at specific points, thereby boosting the growth contract based genome editing field.Regional InsightsThe market was dominated by North America owing to rising adoption of innovative and improved technologies in the U.S.
Jan 22, 2021: Industry InsightsThe global molecular scissors/genome editing market size was worth USD 2,585.5 million in 2016 which is anticipated to grow at a CAGR of more than 13.5% during the forecast period.
Innovative products support the DNA targeting advances with simplicity of AAV packaging for distribution, specificity of the nuclease, and improved flexibility.Furthermore, genome editing is an upcoming stream and biotech & pharmaceutical companies are collaborating for the enhancement of technology.
Several companies are also involved in product manufacturing either on their own or by the asset of strategic partners.
However, factors such as IP disputes in context with CRISPR technology and off-target toxicity issues are anticipated to restrain sector growth.Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/molecular-scissors-genome-editing-market/request-sampleTechnology InsightsSeveral technologies such as TALENs/MegaTALs, ZFN, and CRISPR are the latest technologies which are applicable in the genome editing field.
Other methods such as Jump-In, Flp-In, PiggyBac, and antisense are applicable for genome engineering.The largest portion was accounted by CRISPR and is anticipated to rule the industry over the forecast period.
Application of innovative technology for the development of novel molecules that can eradicate infectious diseases and hematological malignancies are anticipated to promote the approval of this technology over the forecast period.End-use InsightsThe largest share was attributed by biotechnology organizations as an enormous amount of research is undergoing for development of innovative therapeutics by virtue of molecular scissors.The fastest growth is accounted by government and academic research institutes in the coming years as the adoption rate is increasing for genome engineering technology.
