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The global liquid polybutadiene market
Theglobal liquid polybutadiene market was valued US$ 2.7 Bn in 2019 andis expected to reach 5.5 Bn by 2027, at a CAGR of 5.19% during a forecastperiod.

Theglobal liquid polybutadiene market was valued US$ 2.7 Bn in 2019 andis expected to reach 5.5 Bn by 2027, at a CAGR of 5.19% during a forecastperiod.

 

Global Liquid Polybutadiene Market

 

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global liquid polybutadiene marketDefinition:

 

Polybutadiene is produced bypolymerization of the monomer 1,3-butadiene hence defined as synthetic rubber.It is odorless, low viscous, transparent, and colorless synthetic rubberfurther used to manufacture belts, rubber goods, tires, tapes, hoses, shoes,coatings, adhesives.

 

The report study has analyzed therevenue impact of COVID-19 pandemic on the sales revenue of market leaders,market followers, and disrupters in the report, and the same is reflected inour analysis.

global liquid polybutadiene marketDrivers and Restraints:

 

Growing demand for chemicalresistant material and advanced rubber material boosting the development ofliquid polybutadiene market across the globe. Owing to the rising per capitaincome and growth in the modern lifestyle, resulting technological advancementand innovations is boosting the rubber industries, which is fulling theapplication of liquid polybutadiene in several end-user’s sector. Demand of thematerial is high in numerous industries including automotive, chemical, tire,also used as automotive sealant, electrical potting resins, diluent, and otherapplication will expand with a wide diversity of end uses and implementationrequirements.

 

The high demand for rubber productsin many regions, particularly in emerging nations upsurges the practice ofsynthetic rubber in the automotive tire manufacturing industries. Otherindustries involved in the market expansion includes transportation, construction,coating, etc. that provide major opportunities for the global liquidpolybutadiene market

Moreover, the availability of aprominent substitute in raw material with fluctuation product cost is expectedto hinder the market.

Liquid Polybutadiene Market Segmentanalysis:

 

In terms of application, theindustrial rubber segment has documented as the fastest-growing segment amongstthe other application in 2019, and this development is expected to last overthe next seven years because of significant growth in the numerous end-userindustries like automotive, pharmaceutical, building and construction, consumergoods, electronic sector and others. Intensified application and huge demandfor synthetic rubber by the automotive tire and other manufacturing industriesin evolving countries is leading the overall liquid polybutadiene. Major factorof liquid polybutadiene to attract the automotive manufacturer includessuperior performance, high fuel efficiency, long shelf life, high resistance towear and tear and ability to control grip.

Largely, the rise in polybutadienerubber production will show noteworthy impression on the global liquidpolybutadiene market growth during the estimated years.

Liquid Polybutadiene MarketRegional Analysis:

 

Regionally, Asia Pacific isexpected to dominate the liquid polybutadiene market and is expected to grow ata CAGR of XX % during the forecast period. Use of liquid polybutadiene in themanufacture of synthetic rubber is providing grip for the market to expand inthe developing regions of Asia Pacific which will boost the market growth.Developing regions like India, China, and Japan are considered as the majorcontributors to the liquid polybutadiene market growth in the Asia Pacificregion. In 2019 market size was valued US$ X.5 Bn in China, expected toincrease by US$ X.9 Bn in the coming years. Tire industries are using syntheticrubber on large scale by utilizing liquid polybutadiene. An increase in thedemand for butadiene in the production of coating materials, plastics, coloredrubber, automotive tires, medical equipment and devises is expected to providesignificant opportunities to the manufacturers of liquid polybutadiene in theAsia Pacific during the forecast period.

 

The objective of the report is topresent a comprehensive analysis of the Global Liquid Polybutadiene Marketincluding all the stakeholders of the industry. The past and current status ofthe industry with forecasted market size and trends are presented in the reportwith the analysis of complicated data in simple language. The report covers allthe aspects of the industry with a dedicated study of key players that includesmarket leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis withthe potential impact of micro-economic factors of the market have been presentedin the report. External as well as internal factors that are supposed to affectthe business positively or negatively have been analysed, which will give aclear futuristic view of the industry to the decision-makers.

The report also helps in understandingGlobal Liquid Polybutadiene Market dynamics, structure by analysing the marketsegments and project the Global Liquid Polybutadiene Market size. Clearrepresentation of competitive analysis of key players by Application, price,financial position, Product portfolio, growth strategies, and regional presencein the Global Liquid Polybutadiene Market make the report investor’s guide.

Scope of Liquid PolybutadieneMarket:  Inquire before buying

 

Global Liquid Polybutadiene market,By Applications

 

• Polymer Modification

• Adhesives & Sealants

• Tire Manufacturing

• Industrial Rubber

• Protective Films

• Chemicals

• Coatings

• Others

Global Liquid Polybutadiene market,By End-User

 

• Transportation

• Construction

• Industrial

• Others

Global Liquid Polybutadiene Market,By Region

 

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East & Africa

Key Players Operating the LiquidPolybutadiene Market,

 

• Idemitsu Kosan Co. Ltd

• Nippon Soda Co., Ltd

• SIBUR International GmbH

• Evonik Industries AG

• Kuraray Co. Ltd

• JSR Corporation

• KGK Rubber point

• Comar Chemicals

• Versalis S.p.A

• Cray Valley

• Kuraray Co. Ltd

• ARALNXEO

• UBE Industries Ltd

• Kumho

 

 About This Report

 

For More Information Vist : https://www.maximizemarketresearch.com/market-report/global-liquid-polybutadiene-market/70783/

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