Polybutadiene Market Size, Share, Competitive Landscape, Growth Factors, Revenue Analysis by 2024
Polybutadiene Market Scope
The Global Polybutadiene market Report provides In-depth analysis on the market status of the Polybutadiene Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Polybutadiene Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions. The polybutadiene market size is expected to grow from USD 10.8 billion in 2019 to USD 13.8 billion by 2024, at a CAGR of 5.1% during the forecast period.
Polybutadiene Market New Research Report | The Market is Segmented By Type (Solid Polybutadiene (High Cis, Low Cis, High Trans, High Vinyl), Liquid Polybutadiene), Application (Tires, Polymer modification, Industrial rubber, Chemical), and Region. The Report 2023 is spread across 146 pages and research report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, threats, and global polybutadiene market outlook including progress trends, competitive landscape analysis, and key regions expansion status.
What is Polybutadiene Industry?
The Polybutadiene industry is a sector that produces and sells polybutadiene, a synthetic rubber made from the polymerization of butadiene. Polybutadiene is used in the manufacture of various products, such as tires, belts, hoses, gaskets, and adhesives, due to its high elasticity, low temperature resistance, and abrasion resistance properties. The polybutadiene industry is an important part of the wider rubber industry, which plays a critical role in the global manufacturing and transportation sectors.
Polybutadiene Market Growth & Drivers
The global polybutadiene market is expected to grow due to increasing demand from industries such as automotive, construction, and packaging. Other drivers of growth include the rise in the use of synthetic rubber in tire manufacturing and the increasing popularity of eco-friendly and sustainable products. Additionally, technological advancements in the production process of polybutadiene are also expected to contribute to the market's growth.
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Polybutadiene Market Key Players
ARLANXEO is one of the leading players in the polybutadiene market. The company has been focusing on expansion and collaboration strategies to maintain its leading position in the market.
Some key vendors in the polybutadiene market include:
- ARLANXEO (Netherlands)
- JSR Corporation (Japan)
- UBE Industries Ltd. (Japan)
- SABIC (Saudi Arabia)
- LG Chem Ltd. (South Korea)
- Versalis SPA (Italy)
- PJSC SIBUR Holdings (Russia)
- Sinopec (China)
- Kuraray Co. Ltd. (Japan)
Global Polybutadiene Market Segmentation:
Global Polybutadiene Market is segmented in various types and applications according to product type and category. In terms of Value and Volume the growth of market calculated by providing CAGR for forecast period for year 2019 to 2024.
by Types:
- Solid Polybutadiene
- Liquid Polybutadiene
The solid polybutadiene segment is projected to account for the largest market share during the forecast period
Solid polybutadiene is a synthetic polymer made from the monomer butadiene. It is a type of elastomer with excellent mechanical properties, such as high elasticity and abrasion resistance, and is commonly used in the production of tires, conveyor belts, and other industrial products. Solid polybutadiene accounts for the larger share than liquid polybutadiene rubber as it is widely in tire manufacturing. The use of solid polybutadiene rubber in other applications such as polymer modification, sporting goods, industrial rubber goods manufacturing, and footwear products is also driving its consumption.
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by Application:
Polybutadiene has various applications due to its unique properties, such as high elasticity, low-temperature flexibility, and resistance to abrasion and tearing. Some of the common applications of polybutadiene include:
- Tires
- Polymer Modification
- Industrial Rubber Manufacturing
- Chemicals
- Others (sporting goods and footwear)
by Region:
- APAC
- Europe
- North America
- Middle East & Africa
- South America
Polybutadiene Market Growth in APAC Region
The polybutadiene market in the Asia Pacific (APAC) region is expected to grow due to the increasing demand for tires, which is a major end-use industry for polybutadiene. The growing automotive industry in countries such as China and India is driving the demand for tires, which in turn is boosting the demand for polybutadiene. Additionally, the increasing use of polybutadiene in other industries such as polymer modification, adhesives, and coatings is also contributing to the growth of the market in the APAC region.
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Table of Contents:
- Executive Summary
- Scope/opportunities of the Polybutadiene Market Report
- Research Methodology
- Polybutadiene Market Landscape
- SWOT Analysis
- Market Sizing
- Polybutadiene Market Segmentation
- Customer Landscape
- Regional Landscape
- Business Decision Framework
- Drivers And Challenges
- Polybutadiene Market Key Trends
- Players Landscape
- Players Analysis
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- Liquid_Polybutadiene_Market
- Demand_for_Liquid_Polybutadiene
- liquid_polybutadiene_Applications
- liquid_polybutadiene_suppliers
- Liquid_Polybutadiene_Resins_as_Coagents
- Liquid_polybutadiene_adhesives_sales
- demand_for_liquid_polybutadiene_in_tire_manufacturing
- Top_liquid_polybutadiene_manufacturing_companies
- Rubber_Manufacturing_Liquid_Polybutadiene_demand
- Adhesives_&_Sealants_Liquid_Polybutadiene_Sales
- Polymer_Modification_Liquid_Polybutadiene_Demand
- Sales_of_Coating_Formulations_Liquid_Polybutadiene
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