Polybutadiene Market
August 17, 2021 ⚊ 4 Min read ⚊ Views 264 ⚊ FINANCE
Polybutadiene Market is expected to reach USD XX Billion by 2026 from USD 10.28 Billion in 2019 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Polybutadiene Market
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Polybutadiene offers excellent toughness, excellent abrasion resistance, high tensile strength, low rolling resistance, and low glass transition this has resulted into popularity of polybutadiene rubber over other. Surging adoption of polybutadiene across various industries, such as automotive, plastics, and chemical industries is fuelling the growth. But fluctuations in raw material prices may restrain the growth of market.
Solid polybutadiene rubber and liquid polybutadiene rubber are type segment of polybutadiene market. Solid polybutadiene rubber segment is widely used owing to its suitability in numerous applications such as tires and plastics. Tire application segment is leading the market due to the high abrasion resistance and high growth of the automotive industry.
Geographically, the polybutadiene market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is anticipated to grow at highest CAGR attributed to the increasing demand for polybutadiene from various end-use industries. Europe is expected to grow at a moderate rate during the forecast period due to growth in the automotive industry in this region. North America constitutes saturated market but growth at slow pace is observed.
The objective of the report is to present comprehensive analysis of Polybutadiene market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Polybutadiene market dynamics, structure by analyzing the market segments, and project the Polybutadiene market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Polybutadiene market make the report investor’s guide.
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Global Polybutadiene Market, by Type:
• Solid Polybutadiene Rubber
• Liquid Polybutadiene Rubber
Global Polybutadiene Market , by Application:
• Tire
• Polymer Modification
• Chemical
• Industrial Rubber Manufacturing
• Others
Global Polybutadiene Market,by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Profiled in the Global Polybutadiene Market
• Kumho Petrochemical Co. Ltd. (South Korea)
• JSR Corporation (Japan)
• SIBUR (Russia)
• LANXESS AG (Germany)
• UBE Industries Ltd. (Japan)
• Kuraray Co. Ltd. (Japan)
• SABIC (Saudi Arabia)
• Versalis S.p.A. (Italy)
• LG Chem ltd. (South Korea)
• Sinopec (China)
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