The India styrene-butadiene rubber (SBR) market size reached USD 369.05 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 587.36 Million by 2033, exhibiting a growth rate (CAGR) of 5.30% during 2025-2033. The market is driven by rising demand from the automotive sector for tire manufacturing, increasing infrastructure projects, expanding industrial applications, and growing product adoption in footwear and adhesives. Moreover, the launch of favorable government initiatives promoting domestic rubber production and sustainability efforts for eco-friendly tires is also propelling the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 369.05 Million |
Market Forecast in 2033 | USD 587.36 Million |
Market Growth Rate 2025-2033 | 5.30% |
Increasing Demand for High-Performance and Eco-Friendly Tires
India’s automotive industry remains the largest consumer of styrene-butadiene rubber (SBR), primarily for tire manufacturing. With rising vehicle production and a strong push for fuel-efficient, eco-friendly tires, demand for solution SBR (SSBR) is surging. SSBR enhances tire durability, reduces rolling resistance, and improves fuel efficiency, making it a preferred material for green tire production. India’s tire market is projected to grow at a CAGR of 2.85% between 2025 and 2033, driven by increasing automobile sales. In November 2024, Bridgestone India announced an USD 85 million investment to expand production capacity and enhance capabilities at its two manufacturing plants, reinforcing its premium-mass market strategy. Additionally, India’s EV market, valued at $2,361.0 million in 2024, is fueling demand for lightweight, high-performance tires incorporating SSBR. Government policies such as FAME II, with a budgetary outlay of INR 10,000 crore (USD 1.43 billion), further incentivize EV adoption and domestic manufacturing, indirectly driving the need for advanced tire materials. The Bureau of Energy Efficiency (BEE) has also introduced fuel efficiency norms for tires, encouraging the shift towards low rolling resistance SBR-based tires. As automakers prioritize sustainability and performance, SBR’s role in next-generation tires is set to expand significantly.
Growth in Infrastructure and Construction Applications
India’s construction and infrastructure sectors are major consumers of SBR-based adhesives, sealants, and waterproofing solutions. With rapid urbanization and increasing government investments in large-scale projects, demand for durable, flexible, and cost-effective SBR-based construction materials is on the rise. The Indian construction industry is expanding significantly, driving higher consumption of SBR in asphalt modification, adhesives, and coatings. In Budget 2024-25, INR 10 lakh crore (USD 120.16 billion) was allocated to PM Awas Yojana Urban 2.0 to meet the housing needs of 1 crore urban poor and middle-class families. Additionally, government initiatives like the Smart Cities Mission and PMAY are driving demand for SBR-based adhesives and industrial flooring materials. As of 2024-2025, the Smart Cities Mission has implemented over 5,100 projects worth INR 2,05,000 crore, positively impacting nearly 100 million citizens. Simultaneously, PMAY has sanctioned over 2.94 crore houses, with 2.62 crore completed, further bolstering market demand. As large-scale infrastructure projects continue to expand, the resilience and versatility of SBR make it an essential material in construction-related applications.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on type and application.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes emulsion SBR and solution SBR.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes tyres, adhesives, footwear, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Emulsion SBR, Solution SBR |
Applications Covered | Tyres, Adhesives, Footwear, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: