Polybutadiene Market Poised to Reach USD 7.83 billion by 2026, Growing at a 5.9% CAGR

𝐏𝐨𝐥𝐲𝐛𝐮𝐭𝐚𝐝𝐢𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

The size of the global polybutadiene market was valued at USD 4.98 billion in 2018 and is projected to expand at a CAGR of 5.9% between 2019 and 2026 and reach a value of USD 7.83 billion by 2026.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐜𝐨𝐩𝐞

To provide a thorough picture of the polybutadiene market, the study focuses on the most recent advancements, leading companies in the industry, market share, revenue, and geographic information.

𝐖𝐡𝐚𝐭 𝐈𝐬 𝐏𝐨𝐥𝐲𝐛𝐮𝐭𝐚𝐝𝐢𝐞𝐧𝐞?

Polybutadiene is a synthetic rubber formed by polymerizing the monomer 1,3-butadiene. It is a homopolymer made up of repeating units of butadiene (C4H6) molecules. It is widely used in tire treads due to its excellent abrasion resistance, high elasticity, and good performance in low temperatures. It is often blended with other rubbers to enhance its properties and is considered one of the most important synthetic rubbers after styrene-butadiene rubber (SBR). Polybutadiene has high elasticity, good wear resistance, low hysteresis, and the ability to maintain flexibility at low temperatures. It is primarily used in tire treads for cars and trucks due to its abrasion resistance. It is synthesized through a polymerization process using catalysts like transition metals (e.g., nickel, cobalt, neodymium) or alkyl lithium in a solution system.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/polybutadiene-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

• The extensive application of polybutadiene in automotive tire production is driving market expansion.
• The rising use of polystyrene and ABS in consumer goods manufacturing, along with a growing need for industrial rubber, is boosting market demand.
• A remarkable demand from emerging markets and a shift towards environmentally friendly tires are set to drive a market surge for polybutadiene.
• The growing demand in the luxury vehicle sector and the complexity of industrial machinery also facilitate market expansion.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭:

• China Petroleum and Chemical Corporation
• JSR Corporation
• Reliance Industries Ltd.
• Lanxess AG
• Kumho Petrochemical Co. Ltd
• The Goodyear Tire and Rubber Company
• UBE Industries Ltd.
• Synthos S.A
• Evonik Industries and LyondelBasell Industries NV

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/polybutadiene-market/inquire-before-buying

𝐓𝐎𝐂:

1. Polybutadiene Market Size and Forecast by Type, 2018-2026
1. Key Findings
2. Solid Polybutadiene Rubber
3. Liquid Polybutadiene Rubber

2. Polybutadiene Market Size and Forecast by End-User, 2018-2026
1. Key Findings
2. Automotive
3. Chemical
4. Industrial
5. Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

• Asia Pacific held the largest market share, driven by growth in car manufacturing and consistent vehicle production that outpaced market fluctuations, supported by strong key players.
• North America represented a significant portion of the market due to the existence of key players in the region.

• Polybutadiene Market Size and Forecast by Region, 2018-2026
o Key Findings
o North America
» U.S.
» Canada
» Mexico
o Europe
» Germany
» UK
» France
» Italy
» Rest of Europe
o Asia-Pacific
» China
» India
» Japan
» Rest of Asia-Pacific
o Latin America
» Brazil
o Middle East & Africa

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/polybutadiene-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

• The market for polybutadiene is primarily segmented based on type, end-user, and region.
• The solid polybutadiene rubber segment, based on product type, held the largest market share due to increased demand from tire production and a significant demand for luxury cars.

• Polybutadiene Product Type Outlook
» Solid Polybutadiene Rubber
o Liquid Polybutadiene Rubber
• Polybutadiene End-Use Outlook
o Automotive
o Chemical
o Industrial
o Others

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Industrial Enzymes Market:
https://www.polarismarketresearch.com/industry-analysis/industrial-enzymes-market

Proppants Market:
https://www.polarismarketresearch.com/industry-analysis/proppants-market

Epdm Market:
https://www.polarismarketresearch.com/industry-analysis/epdm-market

Medical Engineered Materials Market:
https://www.polarismarketresearch.com/industry-analysis/medical-engineered-materials-market

Prepreg Market:
https://www.polarismarketresearch.com/industry-analysis/prepreg-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

This release was published on openPR.