Polybutadiene Rubber Market 2022 to Grow at a CAGR of 3.7% - Industry Analysis by IMARC Group

According to the latest report by IMARC Group, titled, “Polybutadiene Rubber Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global polybutadiene rubber market is expected to exhibit a CAGR of 3.7% during 2022-2027.

Polybutadiene rubber refers to an elastomeric artificial rubber manufactured through the coordination or anionic polymerization of butadiene monomers. It is commonly available in liquid and solid variants. Polybutadiene rubber is blended with styrene-butadiene rubber and natural rubber for the production of tires, tire carcasses, under-treads, sidewalls, conveyor belts, automotive components, sportswear, etc. It exhibits various favorable properties, including reduced vinyl content, high elasticity, resistance to abrasion and low temperatures, resilience, etc. Polybutadiene rubber is used as an additive to improve the impact resistance and toughness of rubber-based products. As a result, it finds widespread applications for industrial rubber manufacturing and polymer modification.

Polybutadiene Rubber Market Size

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Polybutadiene Rubber Market Trends:

Substantial growth in the automotive industry across the globe is driving the polybutadiene rubber market. This rubber is extensively utilized in the production of high-quality components in semi utility vehicles (SUVs) and luxury vehicles to provide enhanced comfort to the user. Furthermore, the rising demand for advanced rubbers and chemical-resistant materials is bolstering the growth of the market. Liquid polybutadiene rubber is used in the manufacturing of elastomers, belts, shoes, hoses, rubber bands, coatings, adhesives, etc. Besides this, numerous product innovations, such as the utilization of bio feedstock for the production of synthetic rubber, are fueling the product demand. Other variables, such as rising expenditure capacities and rising levels of industrialization, are expected to boost market expansion in the approaching years.

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Global Polybutadiene Rubber Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Evonik Industries AG, JSR Corporation, Kuraray Co. Ltd., Lanxess AG, LG Chem Ltd., LyondellBasell Industries Holdings B.V., Nippon Soda Co. Ltd., Reliance Industries Limited, Saudi Arabia Basic Industries Corporation (SABIC), Synthomer plc, Synthos (FTF Galleon S.A.), The Goodyear Tire & Rubber Company and UBE Industries Ltd.

The report has segmented the market on the basis on region, product, distribution channel and application.

Breakup by Product:

  • High Cis
  • Low Cis
  • High Trans
  • High Vinyl

Breakup by Distribution Channel:

  • Online
  • Offline

Breakup by Application:

  • Tire Manufacturing
  • Polymer Modification
  • Industrial Rubber Manufacturing

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape
    If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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