Global Polybutadiene Market 2022: Industry Trends, Revenue Growth, Key Players Till 2031

The global polybutadiene market report by the business research company Increased usage of polybutadiene in high-end tire manufacturing contributed to be a major growth driver for the polybutadiene market. Nearly 70% of the world's production of polybutadiene is used in tire manufacturing. After the curing process, BR possesses different properties such as abrasion resistance, poor wet traction, and low rolling resistance because of its low glass transition temperature. It is also majorly used in the sidewall of truck tires to improve abrasion and reduce wear. For example, companies such as UBE industries manufacture BR, which is used in tires with premier physical properties such as rebound, tensile strength, heat buildup, and grades with excellent processability such as mixing, roll banding, and extrusion.

The global polybutadiene (br) market size is expected to grow from $17.74 billion in 2021 to $19.44 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The global polybutadiene (br) market size is expected to grow to $27.37 billion in 2026 at a CAGR of 8.9%.

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Asia Pacific was the largest region in the polybutadiene (br) market in 2021. Western Europe was the second-largest region in the global polybutadiene (br) market. The regions covered in the global polybutadiene (br) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the 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, and Synthos S.A.

The global polybutadiene BR market is segmented 1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene
2) By Application: Automotive, Chemical, Industrial, Other Applications
3) By Sales: Online, Offline
4) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals

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The Polybutadiene market Report Contents Include
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

This report covers the trends and market dynamics of the polybutadiene market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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