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Polybutadiene Market by Type, Liquid Polybutadiene, Application, and Region - Global Forecast to 2022

Polybutadiene Market: Global Forecast until 2022

  • July 2017
  • 151 pages
  • ID: 5001221
In this report:
In 2016, the company's overall synthetic rubber production capacity was of ##,##,## metric tons per year (mtpy).
According to the data of Thai Automotive Industry Association, Thailand's automobile production grew by ##.##%, and the country's commercial vehicle production grew by ##.##% in 2016 over 2015.
The country's synthetic rubber production capacity reached ##.## million tons in 2013, accounting for ##.## % of the global synthetic rubber capacity.

Summary

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"The increasing use of polybutadiene in the tire application is a main aspect for the increase ot the polybutadiene market."

The overall polybutadiene market size is forecasted to reach ~$12.7B by 2022, at a compound annual growth rate of 5.30 percent between 2017 and 2022. The market increase can be accredited to the growing adoption of polybutadiene across different industries, like automotive, plastics, and chemical industries, according to their properties including toughness, excellent abrasion resistance, high tensile strength, low rolling resistance, and low glass transition. Nevertheless, fluctuations in raw material prices may restrain the increase of market.

"Tires: the quickest-increasing application segment"

The tire sector is intended to be the quickest-rising application segment of the polybutadiene market during the outlook period. Properties including toughness, abrasion and cold resistance, high tensile strength, high resilience, and good hot tear strength makes it suitable for tire manufacturing. A main driver of the tire market is the increasing automotive sector. The increasing demand for fuel efficiency and eco-friendly tires are also driving the tire market, and, in turn, the industry demand for polybutadiene in tire application.

"APAC is forecasted to be the leading market for polybutadeine"

Asia-Pac is anticipated to be the quickest developing market for polybutadiene market, in terms of both value and quantity. High economic increase, increasing manufacturing sectors, availability of cheap labor, growing foreign investments, and increase in the adoption of polybutadiene across automotive and plastic markets are some of the main factors anticipated to fuel the increase of the market in the territory. China (CN), India (IN), South Korea (KR), and Thailand (TH) are the top sectors for polybutadiene in Asia Pacific (APAC).

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were performed.

The breakdown of primary interviews is presented below.

• By Company category: Tier 1 - 60.0 percent, Tier 2 - 30.0 percent, and Others - 10.0 percent

• By Description: C-suite - 25.0 percent, Grade of manager - 30.0 percent, and Others - 45.0 percent

• By Area: Asia Pacific (APAC) - 42.0 percent, North America continent - 20.0 percent, Europe (EU) - 18.0 percent, the Middle East (ME) & African continent - 10.0 percent, and South America region - 10.0 percent

Key firms decribed in this research report are Reliance Industries Ltd, JSR Corporation, Lanxess (ETR:LXS), Kuraray Co. Ltd., UBE Industries Ltd., Saudi Basic Industries Corporation, LG Chem ltd., Versalis S.p.A., Sinopec, PJSC Sibur Holdings, and Kumho Petrochemical Co. Ltd., Total Cray Valley.

Segment Research

This market research classifies the polybutadiene market based on type, application, end-use sector, and area. The study includes exhaustive information concerning the main factors influencing the increase of the polybutadiene market, including drivers, industry restraints, opportunities, and possibilities. An in-depth study of the main industry actors has been done to furnish industry insights into business overviews, products & services, top strategies, business growths, mergers & acquisitions, new industry product developments, strategic agreements, and recent evolutions combined with the sector.

Reasons to Buy the Report

The analysis will facilitate industry top players/new sector entrants in this sector in these ways:

1. This document breaks down the polybutadiene market comprehensively and offers the closest approximations of market sizes for the global market and sub-segments across end-use sectors and localities.

2. The market research will facilitate partners distinguish the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners comprehend the top players and obtain business insights to improve their rank in the business sector. The competitive outlook section includes business developments, acquisitions, and new industry product developments.

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