The import of Styrene-Butadiene Rubber (SBR/XSBR) Latex to the US is projected to decrease steadily from 2024 through 2028. In 2023, imports stood at approximately 9.9 million kilograms. From 2024 to 2025, the imports are expected to decline by around 5.4%, followed by a reduction of approximately 5.6% from 2025 to 2026. Further drops of 5.8% and 6.0% are forecasted for 2026-2027 and 2027-2028, respectively. The five-year compound annual growth rate (CAGR) is forecasted to indicate a downward trend, highlighting an average annual decline.
Future trends to watch for include:
- Rising demand for eco-friendly materials potentially influencing synthetic rubber markets.
- Shifts in manufacturing practices or technological breakthroughs affecting SBR/XSBR usage.
- Changes in international trade policies that could impact import dynamics.