1. Analysis of North America Solution Styrene Butadiene Rubbers (SSBR) Market Sales from 2018 to 2029
From 2018 to 2029, SSBR sales in North America are showing an upward trend. Sales in 2018 were 334.4 thousand tons and are expected to grow to 565.6 thousand tons by 2029.
Table North America Solution Styrene Butadiene Rubbers (SSBR) Sales (K Tons) by Countries (2018-2029)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
United States | 305.2 | 327.3 | 296.6 | 327.6 | 345.6 | 371.8 |
Canada | 29.1 | 30.7 | 28.2 | 31.1 | 33.0 | 34.8 |
Total | 334.4 | 358.0 | 324.9 | 358.7 | 378.7 | 406.6 |
| 2024F | 2025F | 2026F | 2027F | 2028F | 2029F |
United States | 399.5 | 418.2 | 441.9 | 463.5 | 490.4 | 518.4 |
Canada | 36.8 | 38.5 | 40.5 | 42.3 | 44.8 | 47.2 |
Total | 436.4 | 456.7 | 482.4 | 505.9 | 535.2 | 565.6 |
2. Canada Solution Styrene Butadiene Rubbers (SSBR) Market Revenue and Growth Analysis
From 2018 to 2023, the Canadian SSBR market revenue showed fluctuating growth, with $60.64 million in 2018 and an estimated $74.81 million in 2023.
During this time, revenue increased by 6.38% in 2019, decreased by 9.78% in 2020, and increased significantly by 27.49% in 2021, while slightly decreasing by 3.41% in 2022 and expected to increase by 4.38% in 2023.
Figure Canada Solution Styrene Butadiene Rubbers (SSBR) Revenue (M USD) and Growth (2018-2023)
3. US Solution Styrene Butadiene Rubbers (SSBR) Market Revenue and Growth Analysis
The revenue of the US SSBR market increased from $628.34 million in 2018 to an estimated $791.47 million in 2023, showing a steady growth momentum.
Between 2018 and 2023, the US SSBR market revenue experienced fluctuations, achieving an 8.35% increase in 2019 and an 11.14% decrease in 2020. It then achieved a significant increase of 27.83% in 2021, a slight decrease of 4.06% in 2022, and an estimated increase of 6.67% in 2023.
Figure U.S. Solution Styrene Butadiene Rubbers (SSBR) Revenue (M USD) and Growth (2018-2023)
