Polybutadiene Global Market Share, Growing with economies and industries players - SIBUR, JSR Corporation, LANXESS AG, Kuraray Co. Ltd

Polybutadiene Market is estimated to reach USD XX billion by 2028

According to a detailed market study by QMI, the report focuses on the data obtained from various primary and secondary sources and is analyzed using different tools. It helps in gaining insights about the potential of the market for growth which can facilitate the investors in identifying scope and opportunities. The analysis also provides details of each segment in the global Polybutadiene Market.

According to the report, the Polybutadiene Market is expected to promise high growth due to the growing demand for low-cost natural rubber substitutes with superior properties is expected to raise the consumption of polybutadienes.

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With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like Kumho Petrochemical Co. Ltd., SIBUR, JSR Corporation, LANXESS AG, Kuraray Co. Ltd., UBE Industries Ltd., SABIC, LG Chem ltd., Sinopec and others.

High resistance to abrasion from polybutadiene makes it ideal for use in tire production. The rubber also finds use as an additive, used to make polystyrene and acrylonitrile butadiene styrene (ABS) more durable. It is anticipated that niche applications like golf balls and other toys would fuel market demand over the forecast period.

Segmentation for better understanding of this market and its growth prospects:

The global polybutadiene market has been segmented by form (solid polybutadiene, high cis-polybutadiene, low cis-polybutadiene, high vinyl polybutadiene, high trans polybutadiene, liquid polybutadiene and others) and by area.

Segmentation done by type: during the forecast period solid polybutadiene segment is expected to be the biggest contributor on the polybutadiene market by volume. This is widely used in the manufacturing of tyres. Often as a solid polybutadiene rubber it is used in other applications, such as polymer alteration, athletic goods, automotive rubber goods manufacturing, and footwear products.

Segmentation is done by application: the tire is accounting for the largest market share among others during the forecast period, because of the rising automotive industry; the tire industry is also expanding significantly. Polybutadiene is widely used in tire manufacturing due to its toughness, strong abrasion resistance, and high tensile strength &stability properties.

This report provides:

1) An overview of Global Polybutadiene Market globally and related technologies.

2) Analysis of global market trends, estimates of each year and annual compound growth rate projections (CAGRs).

3) Identification of new market opportunities and targeted promotion plans for Global Polybutadiene Market.

4) Discussion of R&D and demand for new products and new applications.

5) Comprehensive company profiles of key industry players.

The researchers have studied the market in-depth and have come up with major segments like product type, application and region. Based on their market share, growth prospects, and CAGR, each and every segment and its sub-segments are studied. Each market segment offers in-depth information on market outlook, both qualitative and quantitative.

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

Asia Pacific is expected to have the largest share of the global polybutadiene market in volume. The market is driven largely by the strong demand from the automotive industry. During the forecast period China is expected to fuel demand for polybutadiene because of some factors such as growing disposable income, a huge consumer base, a growing urban population, low labor costs and availability of raw materials.

China, South Korea, Japan, India, Australia, and so on are major countries in the Asia Pacific region.

Recent Developments:

o In February 2019, SIBUR decided to launch an investment project designed to improve the efficiency of production of polybutadiene rubber (Nd-BR) at its Voronezh factory.

o ARLANXEO carried out a modernisation of the PBR rubber production facility in Triunfo, Brazil, in July 2018. The Company will be able to manufacture Nd-BR (neodymium butadiene rubber) advanced PBR forms by 2020.

o Versalis S.P.A expanded to Asia in January 2016 through its new distribution center and affiliate Versalis Pacific Trading (Shanghai).

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Market Segmentation:

By Type:
o Solid Polybutadiene
o High Cis Polybutadiene
o Low Cis Polybutadiene
o High Vinyl Polybutadiene
o High Trans Polybutadiene
o Liquid Polybutadiene
o Others

By Application:
o Tires
o Industrial Rubber
o Polymer Modification
o Chemical
o Others

By Region:

North America
o By Country (US, Canada, Mexico)
o By Type
o By Application

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Application

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Application

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Application

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Application

Rest of the World
o By Region (South America, Africa)
o By Type
o By Application

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557

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This release was published on openPR.