Polybutadiene Market– Global Industry Analysis and Forecast (2023-2029)

Polybutadiene Market is expected to reach US$ 19.74 Bn. by 2029, at a CAGR of 4.7% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report

Polybutadiene offers excellent toughness, excellent abrasion resistance, high tensile strength, low rolling resistance, and low glass transition this has resulted into popularity of polybutadiene rubber over other. Surging adoption of polybutadiene across various industries, such as automotive, plastics, and chemical industries is fuelling the growth. But fluctuations in raw material prices may restrain the growth of market.

Solid polybutadiene rubber and liquid polybutadiene rubber are type segment of polybutadiene market. Solid polybutadiene rubber segment is widely used owing to its suitability in numerous applications such as tires and plastics. Tire application segment is leading the market due to the high abrasion resistance and high growth of the automotive industry.

Geographically, the polybutadiene market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is anticipated to grow at highest CAGR attributed to the increasing demand for polybutadiene from various end-use industries. Europe is expected to grow at a moderate rate during the forecast period due to growth in the automotive industry in this region. North America constitutes saturated market but growth at slow pace is observed.

The objective of the report is to present comprehensive analysis of Polybutadiene market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Polybutadiene market dynamics, structure by analyzing the market segments, and project the Polybutadiene market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Polybutadiene market make the report investor’s guide.
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Global Polybutadiene Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 14.31 Bn.


Forecast Period 2023 to 2029 CAGR:
4.7%
Market Size in 2029:
US $ 19.74 Bn.


 Segments Covered:
by Type
Solid Polybutadiene Rubber
Liquid Polybutadiene Rubber


by Application
Tire
Polymer Modification
Chemical
Industrial Rubber Manufacturing
Others



Polybutadiene Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Polybutadiene Market, Key Players are
1. Kumho Petrochemical Co. Ltd. (South Korea)
2. JSR Corporation (Japan)
3. SIBUR (Russia)
4. LANXESS AG (Germany)
5. UBE Industries Ltd. (Japan)
6. Kuraray Co. Ltd. (Japan)
7. SABIC (Saudi Arabia)
8. Versalis S.p.A. (Italy)
9. LG Chem ltd. (South Korea)
10. Sinopec (China)

Frequently Asked Questions:

1. Which region has the largest share in Global Polybutadiene Market?
Ans: Asia Pacific region holds the highest share in 2022.

2. What is the growth rate of Global Polybutadiene Market?
Ans: The Global Polybutadiene Market is growing at a CAGR of 4.7% during forecasting period 2023-2029.

3. What is scope of the Global Polybutadiene market report?
Ans: Global Polybutadiene Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Polybutadiene market?
Ans: The important key players in the Global Polybutadiene Market are – Kumho Petrochemical Co. Ltd. (South Korea), JSR Corporation (Japan), SIBUR (Russia), LANXESS AG (Germany), UBE Industries Ltd. (Japan), Kuraray Co. Ltd. (Japan), SABIC (Saudi Arabia), Versalis S.p.A. (Italy), LG Chem ltd. (South Korea), and Sinopec (China)

5. What is the study period of this market?
Ans: The Global Polybutadiene Market is studied from 2022 to 2029.