Precision Business Insights has published a report on the global polybutadiene market, estimating its value at USD 11.89 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/polybutadiene-market
The Polybutadiene Market is the global industry dedicated to the manufacture, distribution, and application of polybutadiene, a synthetic rubber noted for its excellent durability, wear resistance, and flexibility at low temperatures.
Drivers:
- Growth in construction and infrastructure fuels demand
- Rising interest in bio-based polybutadiene variants
The global polybutadiene market segmentation:
1) By Type: High CIS Polybutadiene, Low CIS Polybutadiene, High Vinyl Polybutadiene, and High Trans Polybutadiene
2) By Application: Tires, Polymer Modification, Industrial Rubber Manufacturing, Chemicals and Others (sporting goods and footwear
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Regional Overview:
The report also examines the current concerns and their Future Effects on the polybutadiene market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the polybutadiene market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like ARALNXEO, JSR Corporation, UBE Industries Ltd., Kumho Petrochemical Co. Ltd., The Goodyear Tire & Rubber Company, Saudi Arabia Basic Industries Corporation (SABIC), Reliance Industries Limited, LG Chem Ltd., Versalis S.p.A, PJSC SIBUR Holding, China Petroleum & Chemical Corporation (Sinopec), Kuraray Co. Ltd., Synthos S.A., Trinseo S.A., Total Cray Valley, Zeon Corporation
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