The global report titled “Polybutadiene Market” has been presented by ReportsnReports. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market.
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The Polybutadiene Market size is expected to grow from US$ 10.8 Billion in 2019 and to US$ 13.8 Billion by 2024, at a CAGR of 5.1% during the forecast period. This report spread across 145 Pages, Profiling 13 Companies and Supported with 109 Tables and 41 figures is now available in this research.
Top Key Players profiled in the Polybutadiene Market:
- 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)
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. The growing demand for improved performance and low rolling-resistance tires is expected to provide growth opportunities for the polybutadiene market.
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The high cis segment is projected to be the most-widely used solid polybutadiene rubber type due to its extensive use in diversified end-use industries. This type of polybutadiene largely goes into the production of tires. It is a type of polybutadiene that provides high abrasion and rolling resistance.
APAC is expected to account for the largest value share of the global polybutadiene market in 2019. The market is primarily driven by the strong demand from the automotive industry. China is expected to boost the demand for polybutadiene during the forecast period. The polybutadiene market in North America and Europe is projected to witness moderate growth during the forecast period.
Competitive Landscape of Polybutadiene Market:
2 Competitive Leadership Mapping
2.1 Dynamics Differentiators
2.3 Visionary Leaders
2.4 Emerging Companies
3 Competitive Scenario
3.3 Agreements & Joint Ventures
3.4 New Product Launches