Learn about the global polybutadiene (BR) market through The Business Research Company, which provides information on polybutadiene (BR) market size, polybutadiene (BR) market drivers and restraints, polybutadiene (BR) market players, the COVID-19 impact on the polybutadiene (BR) market, and more.

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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 market is expected to reach $23.79 billion in 2025 at a CAGR of 3%.

Increased usage of polybutadiene in high-end tyre manufacturing are expected to drive innovation in polybutadiene (BR) manufacturing, thus driving the market during the forecast period.

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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.

Global Polybutadiene (BR) Market Segments include:

By Product Type: Solid Polybutadiene, Liquid Polybutadiene

By Application: Automotive, Chemical, Industrial, Others

By Sales: Online, Offline

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.

Neodymium polybutadiene (ND-PBR) rubber production is an emerging trend in the polybutadiene rubber market. 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.

TBRC’s polybutadiene (BR) market report covers:

Major Market Players: 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)

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, analyses and forecasts market size, share, polybutadiene (BR) market players, polybutadiene (BR) market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s 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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