The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

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

The global polybutadiene (BR) market is expected to grow from $19.5 billion in 2022 to $21.29 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The global polybutadiene (BR) market size is expected to grow from $29.36 billion in 2027 at a CAGR of 8.4%.

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Global Polybutadiene (BR) Market Segments Include:

• By Product Type: Solid Polybutadiene, Liquid Polybutadiene
• By Application: Automotive, Chemical, Industrial, Other Applications
• By Sales: Online, Offline
• By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global polybutadiene (BR) market in 2021.

Major Market Players in the polybutadiene (BR) market include LG Chem Ltd., Versalis S.P.A, China Petroleum & Chemical Corporation, JSR Corporation, Reliance Industries Limited, Lanxess AG.

Neodymium polybutadiene (ND-PBR) rubber production is an emerging trend in the polybutadiene rubber market. Neodymium is a catalyzed synthetic polybutadiene that has high elasticity and is resistant to dynamic stress at both high and low temperatures. It is majorly used in the manufacturing of tires, conveyor belts, golf balls, footwear, and other industries. For instance, Lanxess, a producer of neodymium polybutadiene rubber, is producing 0.14 million tons of ND-PBR per year.

The Polybutadiene (BR) Global Market Report 2023  provides a polybutadiene (BR) market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The polybutadiene (BR) market forecast analyzes polybutadiene (BR) market size, polybutadiene (BR) market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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.

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