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Polybutadiene Market Industry Insights, Trends and Forecast up to 2028 | Kumho Petrochemical Co. Ltd., SIBUR, JSR Corporation, LANXESS AG, Kuraray Co. Ltd., UBE Industries Ltd., SABIC, LG Chem ltd., Sinopec

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The Polybutadiene Market was valued at XX (USD Million) in 2020 and is expected to grow at a CAGR of XX percent to XX (USD Million) by 2028. The research provides a global and regional analysis and valuation of the Polybutadiene industry. The research provides a thorough examination of the industry’s competitiveness, constraints, sales projections, opportunities, present and developing trends, and industry-validated market statistics. The study includes historical data as well as a projection based on value from 2020 to 2028. (USD Million).

Polybutadiene Market Overview

Market Segments By Type (Solid Polybutadiene, High Cis-Polybutadiene, Low Cis Polybutadiene, High Vinyl Polybutadiene, High Trans Polybutadiene, Liquid Polybutadiene and Others), By Application (Tires, Industrial Rubber, Polymer Modification, Chemical and Others)
Key Players  Kumho Petrochemical Co. Ltd., SIBUR, JSR Corporation, LANXESS AG, Kuraray Co. Ltd., UBE Industries Ltd., SABIC, LG Chem ltd., Sinopec
Regions North America, Europe, Asia Pacific, Middle East & Africa, South America

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Regional Overview

North America US, Canada, Mexico, Rest of North America
Europe Germany, Russia, UK, France, Italy, Spain, The Netherlands, Rest of Europe
Asia Pacific China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific
Middle East & Africa UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
South America Brazil, Argentina, Colombia, Rest of South America

 

Polybutadiene Market

Regional analysis

The highest revenue proportion came from North America. In recent years, the Polybutadiene industry in North America has been propelled by expanded R&D activity among raw material makers, product formulators, and end-users. However, due to the expansion of the COVID-19 pandemic across North America, the market is expected to increase rapidly in 2020. The demand for Polybutadiene is expected to skyrocket during COVID-19, as the pandemic spreads. The government’s continued backing has propelled the demand for Polybutadiene among end-users.

In addition, the Asia-Pacific market has seen a significant increase in demand as the epidemic spreads across the continent. In order to satisfy and satisfy demand in India, China, Japan, and South Korea, international players are increasing their production facilities in the region. In Japan, R&D and technological advancements in production technology have augmented the demand. Rapid urbanization and industrialization, as well as important end-use sectors, are boosting demand in Japan. Innovators that tap into specialized applications and create fresh products with attractive product qualities will find various lucrative chances in the market.

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Methodology

The Table of Contents in the report:

     

  • Market Overview
  •  

  • Product Scope
  •  

  • Segment
  •  

  • Market Estimates and Forecasts
  •  

  • Sales Growth Rate
  •  

  • Revenue and Growth Rate
  •  

  • Price Trends
  •  

  • Estimate and Forecast by Region
  •  

  • Market Size by Region:
  •  

  • Geographic Market Analysis: Market Facts and Figures
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  • Competition Landscape by Players
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  • Players by Sales
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  • Players by Revenue
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  • Company Profiles
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  • Manufacturing Cost Analysis
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  • Marketing Channel, Distributors and Customers
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  • Market Dynamics
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  • Research Findings and Conclusion

Key Players

The Polybutadiene Industry research analyses some of the most important market competitors while also examining key market trends and strategies.

The research examines business activity based on both outlook (short-mid-long term) and goal (strategic versus operational) while looking at Organic and Inorganic tactics independently. The leading companies of the market include

 Kumho Petrochemical Co. Ltd., SIBUR, JSR Corporation, LANXESS AG, Kuraray Co. Ltd., UBE Industries Ltd., SABIC, LG Chem ltd., Sinopec

Market Segments

Market segmentation is a technique for dividing a market into groups with similar traits or features. This method of segmenting an audience enables for more accurate marketing and customized information.

By Type (Solid Polybutadiene, High Cis-Polybutadiene, Low Cis Polybutadiene, High Vinyl Polybutadiene, High Trans Polybutadiene, Liquid Polybutadiene and Others), By Application (Tires, Industrial Rubber, Polymer Modification, Chemical and Others)

COVID-19 Impact

The COVID-19 outbreak might have a significant impact on the sector on a number of fronts, including decreased demand and production, current supply chain disruptions, potentially tightened finance markets, and the health of their employees.

Given that the majority of the Polybutadiene industry’s production staff is employed in on-site occupations that cannot be performed remotely, the industry may be particularly vulnerable. Furthermore, given the nature of the sector, organizations may need to examine how to create social separation in workplaces where workers are typically crowded.

The following are some of the important questions addressed in this report:

     

  • During the forecast period, what will the market’s growth rate, growth momentum, or acceleration?
  •  

  • What are the main drivers of the Polybutadiene market?
  •  

  • In 2020, what was the worth of the emerging Polybutadiene market?
  •  

  • In 2021, how big will the emerging Polybutadiene market be?
  •  

  • In the market, which region is predicted to have the most market share?
  •  

  • What trends, obstacles, and roadblocks will the Global market experience as it grows and matures?

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Conclusion:

The study is a compilation of first-hand data, qualitative and quantitative data by industry analysts, and inputs from market experts and key participants over the value chain process. The study offers an in-depth analysis of the present market trends, micro and macro-economic pointers, and governing factors, along with industry attractiveness according to the segments. The report also maps the qualitative impact of various market factors on market segmentations and geographies.

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