Market Overview:
The global polybutadiene market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polybutadiene rubber from the tire industry and other end-use industries. Polybutadiene rubber is used as a modifier in polymer products, which helps improve their properties such as tensile strength, tear resistance, and abrasion resistance. It is also used in chemical manufacturing and industrial rubber manufacturing applications. In terms of type, the solid polybutadiene segment accounted for a larger share of the global market in 2017.
Product Definition:
A synthetic rubber, polybutadiene is made from butadiene, a hydrocarbon. Polybutadiene is used to make tires, hoses, and belts.
Solid Polybutadiene Rubber:
Solid polybutadiene rubber is a polymer, which contains high amount of hydrogen and carbon. It has similar properties like natural latex. Solid polybutadiene rubber can be used as an alternative to natural latex in the tire industry on account of its superior physical properties such as abrasion resistance, tensile strength and resilience, heat aging stability and processability.
Liquid Polybutadiene Rubber:
Liquid polybutadiene rubber is a polymer, which contains on the average about 80% of butadiene. It is produced by the catalytic polymerization of Butadien-based monomers in presence of catalyst materials such as platinum and palladium. Liquid Polybutadiene Rubber (L PBDR) has high molecular weight and low viscosity compared to its counterpart, Linear Polybutadiene Rubber (LPBDR).
Application Insights:
Tire application dominated the global polybutadiene market in 2017, accounting for over 45.0% share of the overall revenue. The segment is expected to witness significant growth on account of increasing automotive production across the globe coupled with high product demand in tire applications.
Polybutadiene rubber is used for modification and manufacture of polymer-based products such as industrial rubber, tires and tubes, footwear soles/liners (for sports shoes), automobile parts (bumper/fender liners), textile fibers & fabrics (injection molding) etc. In addition to being a vital raw material required for manufacturing these aforementioned products; it also acts as a crucial component that improves their quality significantly upon processing or refining them further using other ingredients such as carbon black and fillers like calcium sulfate or talc among others.
Regional Analysis:
Asia Pacific dominated the global polybutadiene market in 2017 and is expected to continue its dominance over the forecast period. The presence of major tire manufacturing companies such as Bridgestone, Goodyear, and Michelin has resulted in high product consumption across Asia Pacific region. In addition, rising automotive production mainly in China and India is anticipated to drive product demand further.
The growing polymer modification industry primarily located in China, Japan, South Korea & Taiwan has led to an increase demand for various types of polybutadiene rubber including solid type (for engineering plastics) & liquid type (for elastomers). However due to a decline in the prices of crude oil from 2014 to 2016 which impacted negatively on petroleum refining activities; however it resulted positive impact on polymer modification industry leading to higher consumption rates for PB products across Asia Pacific region.
Growth Factors:
- Increasing demand from the automotive industry as polybutadiene is used in the manufacturing of tires.
- Growing demand for polybutadiene in Asia Pacific due to the increasing population and rising disposable income.
- Rising use of polybutadiene in construction and engineering applications as it offers superior physical properties compared to other rubbers.
- Increasing research and development activities for developing new applications of polybutadiene across different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polybutadiene Market Research Report
By Type
Solid Polybutadiene Rubber, Liquid Polybutadiene Rubber
By Application
Tire, Polymer Modification, Chemical, Industrial Rubber Manufacturing, Others
By Companies
JSR, Kumho, Lanxess, SIBUR, Versalis, LG Chem, Kuraray, Goodyear, Evonik, Taiwan Synthetic Rubber, JSR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Polybutadiene Market Report Segments:
The global Polybutadiene market is segmented on the basis of:
Types
Solid Polybutadiene Rubber, Liquid Polybutadiene Rubber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tire, Polymer Modification, Chemical, Industrial Rubber Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JSR
- Kumho
- Lanxess
- SIBUR
- Versalis
- LG Chem
- Kuraray
- Goodyear
- Evonik
- Taiwan Synthetic Rubber
- JSR
Highlights of The Polybutadiene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Polybutadiene Rubber
- Liquid Polybutadiene Rubber
- By Application:
- Tire
- Polymer Modification
- Chemical
- Industrial Rubber Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polybutadiene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polybutadiene is a type of polymer that is made from butadiene. Polybutadiene is often used in products such as automobile parts, medical devices, and insulation.
Some of the key players operating in the polybutadiene market are JSR, Kumho, Lanxess, SIBUR, Versalis, LG Chem, Kuraray, Goodyear, Evonik, Taiwan Synthetic Rubber, JSR.
The polybutadiene market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polybutadiene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polybutadiene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polybutadiene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polybutadiene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polybutadiene Market Size & Forecast, 2018-2028
4.5.1 Polybutadiene Market Size and Y-o-Y Growth
4.5.2 Polybutadiene Market Absolute $ Opportunity
Chapter 5 Global Polybutadiene Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polybutadiene Market Size Forecast by Type
5.2.1 Solid Polybutadiene Rubber
5.2.2 Liquid Polybutadiene Rubber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polybutadiene Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polybutadiene Market Size Forecast by Applications
6.2.1 Tire
6.2.2 Polymer Modification
6.2.3 Chemical
6.2.4 Industrial Rubber Manufacturing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polybutadiene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polybutadiene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polybutadiene Analysis and Forecast
9.1 Introduction
9.2 North America Polybutadiene Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polybutadiene Market Size Forecast by Type
9.6.1 Solid Polybutadiene Rubber
9.6.2 Liquid Polybutadiene Rubber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polybutadiene Market Size Forecast by Applications
9.10.1 Tire
9.10.2 Polymer Modification
9.10.3 Chemical
9.10.4 Industrial Rubber Manufacturing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polybutadiene Analysis and Forecast
10.1 Introduction
10.2 Europe Polybutadiene Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polybutadiene Market Size Forecast by Type
10.6.1 Solid Polybutadiene Rubber
10.6.2 Liquid Polybutadiene Rubber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polybutadiene Market Size Forecast by Applications
10.10.1 Tire
10.10.2 Polymer Modification
10.10.3 Chemical
10.10.4 Industrial Rubber Manufacturing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polybutadiene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polybutadiene Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polybutadiene Market Size Forecast by Type
11.6.1 Solid Polybutadiene Rubber
11.6.2 Liquid Polybutadiene Rubber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polybutadiene Market Size Forecast by Applications
11.10.1 Tire
11.10.2 Polymer Modification
11.10.3 Chemical
11.10.4 Industrial Rubber Manufacturing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polybutadiene Analysis and Forecast
12.1 Introduction
12.2 Latin America Polybutadiene Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polybutadiene Market Size Forecast by Type
12.6.1 Solid Polybutadiene Rubber
12.6.2 Liquid Polybutadiene Rubber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polybutadiene Market Size Forecast by Applications
12.10.1 Tire
12.10.2 Polymer Modification
12.10.3 Chemical
12.10.4 Industrial Rubber Manufacturing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polybutadiene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polybutadiene Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polybutadiene Market Size Forecast by Type
13.6.1 Solid Polybutadiene Rubber
13.6.2 Liquid Polybutadiene Rubber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polybutadiene Market Size Forecast by Applications
13.10.1 Tire
13.10.2 Polymer Modification
13.10.3 Chemical
13.10.4 Industrial Rubber Manufacturing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polybutadiene Market: Competitive Dashboard
14.2 Global Polybutadiene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JSR
14.3.2 Kumho
14.3.3 Lanxess
14.3.4 SIBUR
14.3.5 Versalis
14.3.6 LG Chem
14.3.7 Kuraray
14.3.8 Goodyear
14.3.9 Evonik
14.3.10 Taiwan Synthetic Rubber
14.3.11 JSR
