The latest report by IMARC Group, titled “Polybutadiene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global polybutadiene market size reached US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.78% during 2024-2032.

Polybutadiene rubber (PBR) is a synthetic elastomeric rubber that is produced through anionic or coordination processes that polymerize butadiene monomers. It is commonly found in solid and liquid forms, and blended with natural rubber (NR) and styrene-butadiene rubber to produce various conveyor belts, automotive components, tire carcasses, sportswear, under-treads, and sidewalls. It offers numerous benefits, such as low vinyl content, low glass transition temperatures, high elasticity, resistance to water, abrasion, and low transition temperatures. Nowadays, PBR is widely employed in chemical, polymer modification, and industrial rubber products.  

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Polybutadiene Market Trends and Drivers:

The market is primarily driven by the significant expansion in the construction sector. In addition, the increasing use of polybutadiene rubber (PBR) in producing building goods such as adhesives, sealants, and roofing materials is contributing to the market growth. In line with this, the escalating demand for liquid PBR in the manufacturing of several products, such as rubber bands, shoes, coatings, belts, elastomers, and hoses, is accelerating the product adoption rate. Moreover, the widespread adoption of PBR in the automotive sector to produce tires that offer long life, low consumption rate, and high resistance to wear and tear represents another major growth-inducing factor. Besides this, the introduction of Buna CB 21 from Lanxess, a highly elastic and viscous grade of neodymium-polybutadiene rubber that lowers fuel consumption, leading to lower carbon dioxide (CO2) emissions, is also creating a positive market outlook.  

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

  • High Cis Polybutadiene
  • Low Cis Polybutadiene
  • High Trans Polybutadiene
  • High Vinyl Polybutadiene

Breakup by Type:

  • Solid Polybutadiene Rubber
  • Liquid Polybutadiene Rubber

Breakup by Industry Vertical:

  • Tire
  • Automotive
  • Chemical
  • Industrial Rubber Manufacturing
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Evonik Industries AG (RAG-Stiftung)
  • JSR Corporation
  • Kumho Petrochemical Co. Ltd.
  • Kuraray Co. Ltd.
  • Lanxess AG
  • Nippon Soda Co. Ltd.
  • Reliance Industries Limited
  • Saudi Basic Industries Corporation (Aramco Chemicals Company)
  • Synthomer PLC
  • Synthos (Ftf Galleon S.A.)
  • UBE Corporation
  • Versalis (Eni S.p.A.)

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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