Polybutadiene Market is reach to USD 7.07 billion, Significantly Growing at a CAGR 6.31%, Progress Insight, Growth Statistics by 2029

Exactitude Consultancy Market Research analyses that the Polybutadiene Market will witness a CAGR of 6.31% for the forecast period of 2023-2029 and is likely USD 3.65 billion in 2022 to reach at USD 7.07 billion by 2029.

Research report on the Polybutadiene market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Polybutadiene market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.

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Market Dynamics

✦ Polybutadiene Market Drivers

Increasing Electric Vehicle Production

Polybutadiene is often used to manufacture tires, coatings, adhesives, and sealants. And tires, coatings, adhesives, and sealants are often used in electric vehicles. The production and adoption of electric vehicles are anticipated to increase globally. For instance, according to Invest India, the Indian EV market is expected to grow at a CAGR of 44 percent between 2020 and 2027, with annual sales reaching 6.34 million units.

Flourishing Aerospace Sector

In the aerospace industry, polybutadiene-based tires, coatings, adhesives, and sealants are used during the aircraft production process. The demand for aircraft is on an upsurge in various regions. For instance, in November 2022, Boeing projected that China's airlines will buy US$1.4 trillion worth of 8,600 new aircraft and US$1.7 trillion worth of commercial aviation services over the next 20 years. By 2029, the Middle East will require 2,520 airplanes, according to Boeing's current business forecast. Also, according to Boeing India is expected to drive the demand for 2,300 aircrafts worth US$320 billion over the next 20 years.

✦ Polybutadiene Market Challenges

Health Risk Associated with Polybutadiene

Polybutadiene is a synthetic rubber made from the monomer 1,3-butadiene polymerized. Acute inhalation of 1,3-butadiene causes irritation of the eyes, nasal passages, throat, and lungs in humans. At very high exposure levels, neurological effects such as blurred vision, fatigue, headache, and vertigo have been reported. Humans exposed to 1,3-butadiene on the skin experience a cold sensation followed by a burning sensation.

Prominent Key players of the Polybutadiene Market survey report:

Historical data available in the report elaborates on the development of the Polybutadiene on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - ARLANXEO (Netherlands), JSR Corporation (Japan), UBE Industries Ltd. (Japan), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), Versalis SPA (Italy), PJSC SIBUR Holdings (Russia), Sinopec (China), and Kuraray Co. Ltd.

In June 2022, Evonik's Adhesives and Coatings company announced a new line of sustainable and durable liquid polybutadiene. The utilization of sustainably created butadiene in the production of this innovative product line is estimated to decrease the usage of fossil fuels by up to 99.9%.

In 2 February 2022, DuPont created a novel Ecoposit plastic metallization process that improves plating capabilities for complex parts. The product attacks polybutadiene areas via oxidization and forms caverns, which enable adhesion by mechanical anchoring of plated metals.

Polybutadiene Market Segmentation:

Polybutadiene Market by Type, 2023-2029, (USD Million), (Kilotons)

» Solid Polybutadiene

» Liquid Polybutadiene

Polybutadiene Market by Application, 2023-2029, (USD Million), (Kilotons)

» Tires

» Polymer Modification

» Industrial Rubber Manufacturing

» Chemicals

» Others (Sporting Goods And Footwear)

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the Polybutadiene Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Polybutadiene industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Polybutadiene industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Polybutadiene Market Research Report 2023-2029

1 Polybutadiene Market Overview

1.1 Product Overview and Scope of Polybutadiene

1.2 Polybutadiene Segment by Type (Product Category)

1.3 Global Polybutadiene market Segment by Application

1.4 Global Polybutadiene Market by Region (2023-2029)

1.4.1 Global Polybutadiene Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Polybutadiene (2023-2029)

1.5.1 Global Polybutadiene Revenue Status and Outlook (2023-2029)

1.5.2 Global Polybutadiene Capacity, Production Status and Outlook (2023-2029)

…

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