Skip to main content

Polybutadiene Market Global Key Vendors, Opportunity & Forecast 2018 to 2025

The rising demand for synthetic rubber in automobile tire manufacture is expected to boost market growth for polybutadiene. The Global Polybutadiene Market is expected to reach USD 5.83 billion by 2025, according to a new report by Grand View Research, Inc.


The high demand for polybutadiene can be attributed to properties such as abrasion resistance, high resilience and cut growth resistance. It is used in combination with other rubbers for the manufacture of tires, industrial products, and consumer products. Tire manufacturing is the major application segment in the market. Manufacturers are also exploring downstream potential as the price of polybutadiene in these applications is more stable.

The demand is high in Asia Pacific owing to the presence of a robust application industry. The presence of companies such as JSR Corporation and Reliance Industries Ltd. is driving market growth in this region.

North America accounted for 22.4% of the polybutadiene market in 2016 courtesy presence of major tire manufacturers including Goodyear, Cooper Tires and Pro-line. The demand in Middle East & Africa is expected to witness below average growth rates on account of price volatility as a result of reduced crude oil production.

To Know More About Polybutadiene Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polybutadiene-market

Manufacturers have now switched from nickel-butadiene rubber facility to neodymium-rubber facility due to increased demand for high cis derivatives used in the manufacture of high performance tires. In 2014, Trinseo converted its Nickel Butadiene Rubber (Ni-BR) production facility in Schkopau, Germany, to Neodymium Butadiene Rubber (Nd-BR).

Top Players of Polybutadiene Market:

The major industry participants are JSR Corporation, Reliance Industries Ltd., Lanxess, Synthos S.A. and LyondelBasell Industries. The other players are Trinseo, Evonik Industries, Ube Industries and Nippon Soda Co. Ltd.

Market Segmentation of Polybutadiene Market:

The Global Polybutadiene Market segmented on the basis of Product, Application, and Region.

By Product:

    High cis polybutadiene
    Low cis polybutadiene
    High trans polybutadiene
    High vinyl polybutadiene

By Application:

    Tire Manufacturing
    Polymer Modification
    Industrial Rubber Manufacturing

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Polybutadiene Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1327
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Electronic Adhesives Industry: Global Survey, Trend Overview and 2022 Forecast

Electronic adhesives have enhanced intrinsic conductive and thermal properties which enable them to substitute soldering systems. Increasing significance of compact devices including flash drives, CDs, and communication drives is expected to drive demand over the forecast period. The Global Electronic Adhesives Market is expected to reach USD 7.80 billion by 2022, according to a new report by Grand View Research, Inc.   Shift in trend toward miniaturization of electronic components has created need for these adhesives. Replacement of PCBs with multi-chip modules has also prompted product demand. PCBs are laminated plastic boards that utilized these adhesives in surface-mount components, bonding conformal coatings, wire tacking and encapsulating components. High installation costs for laminating & packaging machinery and product assembly are expected to remain key challenges for industry participants. Electrically conductive adhesives emerged as the largest product segm...
Post a Comment
Read more

Colored Polyurethane (PU) Foams Market Outlook and Global Foresight to 2022

The market is expected to be driven by increasing developments in electronic appliances, automotive, footwear and packaging industries. Growing demand for high performance materials from automotive industry is expected to drive global colored PU foams market over the forecast period. The Global Colored Polyurethane (PU) Foams Market is expected to reach USD 20.33 billion by 2022, according to a new report by Grand View Research, Inc. Increasing construction spending in Asia Pacific is also expected to have a positive influence on the market growth. Volatile MDI/TDI prices are expected to challenge market profitability. Flexible colored PU foams were the leading product segment and accounted for over 55% of total market volume in 2014. They are widely used for cushioning applications mainly in furniture & interiors and packaging industries. Rigid PU foams are expected to witness the highest growth of 5.2% from 2015 to 2022. Growing demand for insulation products acros...
Post a Comment
Read more