Many conventional solvents do not sufficiently dissolve cross-linked polymers such as styrenebutadiene rubber (SBR) to allow efficient depolymerization. Supercritical and near-critical water provides an alternative benign solvent for this application. Supercritical water oxidation and thermal degradation under supercritical water conditions provide a means to break down rubbery materials into organic compounds that can then be recovered as a chemical feedstock. In this study, depolymerization reactions of styrene-butadiene copolymer are examined in a semicontinuous reactor. A statistical experimental analysis technique was used to investigate the effect of various operating conditions: temperature (300-450 °C), pressure (135 and 170 bar), and the presence of hydrogen peroxide as an oxidant (0-5 wt %). The experimental results demonstrate the ability of supercritical and near-critical water to break down the SBR into a range of lower molecular weight organic compounds for potential recovery. Analysis of variance (ANOVA) shows that the temperature and oxidant concentration are significant at the 1% level for destruction efficiency. Benzene, toluene, ethylbenzene, styrene, phenol, acetophenone, benzaldehyde, and benzoic acid are identified as liquid products using gas chromatography in both batch and semicontinuous reactors. The gas products were comprised of carbon monoxide, carbon dioxide, and water as determined by Fourier transform infrared spectroscopy. The destruction efficiency and a semiquantitative analysis of the liquid products show that both pyrolysis and oxidation products are observed, and low molecular weight oxidation products are observed to be primary.