The global polybutadiene (BR) market size is expected to grow from $17.74 billion in 2021 to $19.44 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The global polybutadiene (BR) market size is expected to grow to $27.37 billion in 2026 at a CAGR of 8.9%
What is the Global Polybutadiene (BR) Market?
The polybutadiene market consists of sales of polybutadiene and related services. 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.
Get a Sample of the global polybutadiene (BR) market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=2702&&type=smp
What drives the Global Polybutadiene (BR) Market?
Increased usage of polybutadiene in high-end tire manufacturing contributed to the growth of the polybutadiene market. Nearly 70% of the world's production of polybutadiene is used in tire manufacturing. After the curing process, BR possesses different properties such as abrasion resistance, poor wet traction, and low rolling resistance because of its low glass transition temperature. It is also majorly used in the sidewall of truck tires to improve abrasion and reduce wear. For example, companies such as UBE industries manufacture BR, which is used in tires with premier physical properties such as rebound, tensile strength, heat buildup, and grades with excellent processability such as mixing, roll banding, and extrusion.
Get the full global polybutadiene (BR) industry report here
https://www.thebusinessresearchcompany.com/report/polybutadiene-br-global-market-report
Global Polybutadiene (BR) Market Segments
The global BR market is segmented:
1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene
2) By Application: Automotive, Chemical, Industrial, Other Applications
3) By Sales: Online, Offline
4) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals
By Geography: The regions covered in the polybutadiene (BR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Polybutadiene (BR) Global Market Report 2022provides market size and growth forecasts for the global BR market, global BR market share, BR market segments and geographies, BR market competitive landscape including leading competitors’ revenues, profiles and market shares. The BR market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Polybutadiene (BR) Industry Playersinclude LG Chem Ltd, Versalis S.P.A, China Petroleum & Chemical Corporation, JSR Corporation, Reliance Industries Limited, Lanxess AG, Kumho Petrochemical Co. Ltd, The Goodyear Tire & Rubber Company, UBE Industries, Ltd, and Synthos S.A. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
