Polybutadiene Rubber Market Size, Revenue Analysis, Forecast, 2021-2032

 The polybutadiene rubber market is expected to grow from an estimated USD 7815.5 million in 2024 to USD 11.31 Billion in 2033, at a CAGR of 4.20%.

The growing need for PBR can largely be attributed to the burgeoning automotive industry, in car tires primarily. The exceptional wear resistance, aging stability, and weathering properties of PBR make it quite suitable for car tire production, therefore increasing the demand. In January 2024, world vehicle production according to JAMA was expected to increase by 3.5%. Further, with more car production, the demand for PBR is most likely to rise, especially in the tire applications. For uses in tyres and automotive parts, therefore, technological innovations in the production of polybutadiene rubber, such as the production of high-cis PBR, are going to increase the performance characteristics.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Polybutadiene Rubber market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

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 Key companies profiled in the report include:

Lanxess AG, Reliance Industries Limited, LG Chem, Sinopec, TSRC Corporation, Braskem, Sumitomo Chemical, ExxonMobil Chemical, Kumho Petrochemical, Asahi Kasei Corporation

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Polybutadiene Rubber market?

What are the key product types and applications of the Polybutadiene Rubber industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Polybutadiene Rubber market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Polybutadiene Rubber Market by 2027?

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 Market Segmentation

  • Type Outlook (Revenue, USD Million; 2020-2033)
    • High-cis polybutadiene rubber
    • Medium-cis polybutadiene rubber
    • Low-cis polybutadiene rubber
  • Application Outlook (Revenue, USD Million; 2020-2033)
    • Automotive Tyres
    • Conveyor belt
    • Footwear
    • Cables & Pipes
    • Sports Accessories
    • Others

more

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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