Polybutadiene Market Global Industry Analysis and Forecast (2017-2024)
Global Polybutadiene Market is expected to reach USD 14.08 Billion by 2024 from USD 9.75 Billion in 2016 at a CAGR of 5.4%.
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.
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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.
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Scope of the report:
Polybutadiene Market, by Type:
• Solid Polybutadiene Rubber
• Liquid Polybutadiene Rubber
Polybutadiene Market, by Application:
• Tire
• Polymer Modification
• Chemical
• Industrial Rubber Manufacturing
• Others
Polybutadiene Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Profiled in the 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)
MAJOR TOC OF THE REPORT
Chapter One: Polybutadiene Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Polybutadiene Market Competition, by Players
Chapter Four: Global Polybutadiene Market Size by Regions
Chapter Five: North America Polybutadiene Revenue by Countries
Chapter Six: Europe Polybutadiene Revenue by Countries
Chapter Seven: Asia-Pacific Polybutadiene Revenue by Countries
Chapter Eight: South America Polybutadiene Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Polybutadiene by Countries
Chapter Ten: Global Polybutadiene Market Segment by Type
Chapter Eleven: Global Polybutadiene Market Segment by Application
Chapter Twelve: Global Polybutadiene Market Size Forecast (2019-2026)
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