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The global polybutadiene rubber market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Polybutadiene rubber is an elastomeric synthetic rubber manufactured through the anionic or coordination polymerization of butadiene monomers. It is commonly available in solid and liquid variants. Polybutadiene rubber is blended with natural rubber and styrene-butadiene rubber for the manufacturing of tires, tire carcasses, sidewalls, under-treads, conveyor belts, sportswear and automotive components. It exhibits various favorable properties, such as low vinyl content, resilience and high elasticity and resistance to abrasion and low temperatures. It is also used as an additive to enhance the toughness and impact resistance of rubber-based products. As a result, polybutadiene rubber finds extensive applications for polymer modification, chemical and industrial rubber manufacturing.
Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Polybutadiene rubber is widely used in the manufacturing of high-quality components in luxury and semi utility vehicles (SUVs) to provide enhanced comfort to the user. Moreover, the increasing demand for chemical-resistant materials and advanced rubbers is providing a thrust to the market growth. Liquid polybutadiene rubber is widely used for the manufacturing of elastomers, hoses, belts, rubber bands, shoes, coatings and adhesives. In line with this, the rising requirement for low-cost and durable substitutes for natural rubber with superior chemical and physical properties is also contributing to the growth of the market. Additionally, various product innovations, such as the utilization of bio feedstock and other natural resources for the manufacturing of synthetic rubber, are favoring the market growth. Other factors, including rising expenditure capacities of the consumers, along with rapid industrialization, especially in the developing economies, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global polybutadiene rubber market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, distribution channel and application.
Breakup by Product:
Breakup by Distribution Channel:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Evonik Industries AG, JSR Corporation, Kuraray Co. Ltd., Lanxess AG, LG Chem Ltd., LyondellBasell Industries Holdings B.V., Nippon Soda Co. Ltd., Reliance Industries Limited, Saudi Arabia Basic Industries Corporation (SABIC), Synthomer plc, Synthos (FTF Galleon S.A.), The Goodyear Tire & Rubber Company and UBE Industries Ltd.
|Base Year of the Analysis||2020|
|Segment Coverage||Product, Distribution Channel, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Evonik Industries AG, JSR Corporation, Kuraray Co. Ltd., Lanxess AG, LG Chem Ltd., LyondellBasell Industries Holdings B.V., Nippon Soda Co. Ltd., Reliance Industries Limited, Saudi Arabia Basic Industries Corporation (SABIC), Synthomer plc, Synthos (FTF Galleon S.A.), The Goodyear Tire & Rubber Company and UBE Industries Ltd.|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
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