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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
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