Polybutadiene (BR) Market Size, Share, Analysis Report By Types, Applications And Forecast 2032 | LG Chem Ltd., Versalis S.P.A, JSR Corporation, Lanxess AG, UBE Industries

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the polybutadiene (BR) market report by The Business Research Company, increased usage of polybutadiene in high-end tire manufacturing has contributed to the growth of 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.

The global polybutadiene (BR) market size will grow from $19.5 billion in 2022 to $21.29 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global polybutadiene (BR) market size is expected to grow from $29.36 billion in 2027 at a CAGR of 8.4%.

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Major competitors in the Polybutadiene (BR) market include 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 Polybutadiene (BR) market is segmented -
1) By Type: Infectious disease testing kits, Cardio metabolic monitoring kits,, Cholesterol testing kits, Pregnancy and fertility tests kits, Tumor/Cancer markers, Urinalysis testing kits, Hematology testing kits, Drugs of abuse testing kits, Fecal occult testing kits, Other Types

2) By End User: Professional diagnostic centers, Hospitals/critical care centers, Outpatient healthcare Setting, Ambulatory care settings, Research laboratories, Home

3) By Prescription Mode: Prescription-based Testing Devices, Over-The-Counter (OTC) Testing Devices

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Polybutadiene (BR) market.

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Point-of-care diagnostics devices are designed to aid doctors in performing medical diagnostic testing at or near the point of care, for immediate knowledge on diseases or conditions. These devices are used to test glucose and cholesterol levels, do electrolyte and enzyme analysis, test for drugs of abuse and for infectious diseases, and for pregnancy testing.

The Table Of Content For The Polybutadiene (BR) Market Include:
1. Executive Summary
2. Polybutadiene (BR) Market Characteristics
3. Polybutadiene (BR) Market Trends And Strategies
4. Polybutadiene (BR) Market- Macro Economic Scenario
5. Polybutadiene (BR) Market Size And Growth
……
26. Africa Polybutadiene (BR) Market
27. Polybutadiene (BR) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polybutadiene (BR) Market
29. Polybutadiene (BR) Market Future Outlook and Potential Analysis
30. Appendix

The "Global Polybutadiene (BR) Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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