The global demand for Solid Polybutadiene Rubber Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Solid Polybutadiene rubber (BR) is a synthetic rubber made from 1,3-butadiene polymerization. Its semi-crystalline form allows it to be employed in a wide range of applications. Its distinguishing characteristics include exceptional abrasion resistance and low-temperature behaviour, in addition to outstanding flexibility. The various applications for solid polybutadiene rubber include polymer modification, recreational goods, industrial rubber goods manufacture, and footwear items.
Market Dynamics
Solid PBR is used in tyre manufacturing. Polybutadiene is a common material used in the production of vehicle tyres. It's primarily utilized as a sidewall in tyres to reduce fatigue caused by constant flexing when running. Butadiene is also used in a variety of other automobile parts. Hence, the rising demand in the automobile sector and the increased production of motor vehicles are expected to propel the solid polybutadiene rubber market forward. Additionally, there has been an increase in demand for electric vehicles in recent years, and the anticipated consumer move to electric cars will certainly offer an opportunity for solid polybutadiene rubber. However, environmental hazards related to polybutadiene might hamper the market growth in the subsequent years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of solid polybutadiene rubber. The growth and trends of solid polybutadiene rubber industry provide a holistic approach to this study.
Market Segmentation
This section of the solid polybutadiene rubber market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- High Cis Solid Polybutadiene Rubber
- Low Cis Solid Polybutadiene Rubber
- High Trans Solid Polybutadiene Rubber
- High Vinyl Solid Polybutadiene Rubber
By End-Users/Application
- Tire
- Polymer Modification
- Chemical
- Industrial Rubber Manufacturing
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Solid Polybutadiene Rubber market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Solid Polybutadiene Rubber Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the solid polybutadiene rubber market include Kumho Petrochemical Co. Ltd. (South Korea), SIBUR (Russia), JSR Corporation (Japan), LANXESS AG (Germany), Kuraray Co. Ltd. (Japan), UBE Industries Ltd. (Japan), SABIC (Saudi Arabia), LG Chem ltd. (South Korea), Versalis S.p.A. (Italy), Sinopec (China). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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