According to the latest report by IMARC Group, titled, “Polybutadiene Rubber Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global polybutadiene rubber market exhibited moderate growth during 2015-2020 and expects the market to grow at a CAGR of around 5% during 2021-2026.Polybutadiene rubber refers to an elastomeric artificial rubber manufactured through the coordination or anionic polymerization of butadiene monomers. It is commonly available in liquid and solid variants. Polybutadiene rubber is blended with styrene-butadiene rubber and natural rubber for the production of tires, tire carcasses, under-treads, sidewalls, conveyor belts, automotive components, sportswear, etc. It exhibits various favorable properties, including reduced vinyl content, high elasticity, resistance to abrasion and low temperatures, resilience, etc.
Polybutadiene Rubber Market Trends:
Substantial growth in the automotive industry across the globe is driving the polybutadiene rubber market. This rubber is extensively utilized in the production of high-quality components in semi utility vehicles (SUVs) and luxury vehicles to provide enhanced comfort to the user. Furthermore, the rising demand for advanced rubbers and chemical-resistant materials is bolstering the growth of the market. Liquid polybutadiene rubber is used in the manufacturing of elastomers, belts, shoes, hoses, rubber bands, coatings, adhesives, etc. Besides this, numerous product innovations, such as the utilization of bio feedstock for the production of synthetic rubber, are fueling the product demand. Several other factors, including growing expenditure capacities and elevating levels of industrialization, are anticipated to drive the market growth in the coming years.
Request a Free Sample Report: https://www.imarcgroup.com/polybutadiene-rubber-market/requestsample
Global Polybutadiene Rubber Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis on region, product, distribution channel and application.
Breakup by Product:
High Cis
Low Cis
High Trans
High Vinyl
Breakup by Distribution Channel:
Online
Offline
Breakup by Application:
Tire Manufacturing
Polymer Modification
Industrial Rubber Manufacturing
Breakup by Region:
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/polybutadiene-rubber-market
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide.