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Global Polybutadiene (BR) Market 2021 | Industry Outlook, CAGR Status, Competitors Analysis, New Trends, And Forecast To 2030
Polybutadiene Market
The polybutadiene market report describes and explains the global polybutadiene market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The polybutadiene market consists of sales of polybutadiene and related services. Polybutadiene is a synthetic rubber that is formed from the polymerization process of the monomer 1,3-butadiene. Polybutadiene is abrasion-resistant and is used especially in the manufacture of tires, as an additive to improve the mechanical strength of plastics such as polystyrene and acrylonitrile butadiene styrene (ABS). Polybutadiene is also used to coat or encapsulate electronic assemblies, offering high electrical resistivity.
The global polybutadiene (BR) market is expected to grow from $17.16 billion in 2020 to $20.91 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $23.79 billion in 2025 at a CAGR of 3%.
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Some of the major players of the global polybutadiene market are LG Chem Ltd., Versalis S.P.A, China Petroleum & Chemical Corporation, JSR Corporation, Reliance Industries Limited, Lanxess AG, Kumho Petrochemical Co. Ltd., The Goodyear Tire & Rubber Company, UBE Industries, Ltd., Synthos S.A., LyondellBasell Industries NV, Zeon Corporation, Nizhnekamskneftekhim, Sinopec Group, Firestone Polymers, SIBUR, Sinopec Group.
The countries covered in the global polybutadiene market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global polybutadiene market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global polybutadiene (BR) market is segmented -
1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene
2) By Application: Automotive, Chemical, Industrial, Others
3) By Sales: Online, Offline
4) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing - Others
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Few Points From Table Of Content
1. Executive Summary
2. Polybutadiene Market Characteristics
3. Polybutadiene Market Trends And Strategies
4. Impact Of COVID-19 On Polybutadiene
5. Polybutadiene Market Size And Growth
…
26. Africa Polybutadiene Market
27. Polybutadiene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polybutadiene Market
29. Polybutadiene Market Future Outlook and Potential Analysis
30. Appendix
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