The Global Polybutadiene (BR) Market Report by The Business Research Company covers polybutadiene (BR) market drivers and restraints, polybutadiene (BR) market size, major players, and the impact of COVID-19 on the polybutadiene (BR) market.
The polybutadiene market consists of sales of polybutadiene and related services. Polybutadiene is a synthetic rubber that is formed from the polymerization process of the monomer 1,3-butadiene. Polybutadiene is abrasion-resistant and is used especially in the manufacture of tires, as an additive to improve the mechanical strength of plastics such as polystyrene and acrylonitrile butadiene styrene (ABS). Polybutadiene is also used to coat or encapsulate electronic assemblies, offering high electrical resistivity.
Increased usage of polybutadiene in high-end tyre manufacturing contributed to the growth of the polybutadiene market.
The global polybutadiene (BR) market is expected to grow from $17.16 billion in 2020 to $20.91 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The BR market is expected to reach $23.79 billion in 2025 at a CAGR of 3%.
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Some polybutadiene market trends include Neodymium polybutadiene (ND-PBR) rubber production. Neodymium is a catalyzed synthetic polybutadiene, which has high elasticity and is resistant to dynamic stress on both high and low temperatures. It is majorly used in the manufacturing of tires, conveyor belts, golf balls, footwear and others industry.
Global polybutadiene (BR) market segments include:
1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene.
2) By Application: Automotive, Chemical, Industrial, Others.
3) By Sales: Online, Offline.
4) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Polybutadiene (BR) Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides polybutadiene (BR) market overviews, analyzes and forecasts market size, share, polybutadiene (BR) market players, polybutadiene (BR) market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The polybutadiene (BR) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Polybutadiene (BR) Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: LG Chem Ltd., Versalis S.P.A, China Petroleum & Chemical Corporation, JSR Corporation, Reliance Industries Limited, Lanxess AG, Kumho Petrochemical Co. Ltd., The Goodyear Tire & Rubber Company, UBE Industries, Ltd., Synthos S.A., Evonik Industries, LyondelBasell Industries NV, Zeon Corporation, Nizhnekamskneftekhim, Sinopec Group, Firestone Polymers, SIBUR, Sinopec Group.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The polybutadiene (BR) Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The polybutadiene (BR) Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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