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 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 outlookincluding progress trends, competitive landscape analysis, and key regions expansion status. 

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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.

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)

The solid polybutadiene segment is projected to account for the largest market share during the forecast period

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.

High cis segment of solid polybutadiene is expected to grow at the highest CAGR in the polybutadiene market during the forecast period

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. High cis polybutadiene is widely used in tires, polymer modification, and industrial rubber goods. It is a type of polybutadiene that provides high abrasion and rolling resistance. They are less susceptible to cracking.

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APAC is expected to hold the largest market size in the global polybutadiene market during the forecast period

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. Various manufacturers from developed regions are shifting their manufacturing units to APAC because of the availability of raw materials, low labor cost, and favorable government policies in emerging markets such as India, Indonesia, and Thailand. Furthermore, economic growth, rising population, and growing urbanization are the important drivers of the global polybutadiene market in APAC region.

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