Global Liquid Polybutadiene Market 2024-2028
The liquid polybutadiene market is forecasted to grow by USD 936.7 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the liquid polybutadiene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for liquid polybutadiene in tire applications, the demand-supply gap in natural rubber, and growing demand for liquid polybutadiene in construction industry.
Technavio's liquid polybutadiene market is segmented as below:
By Application
- Rubber manufacturing
- Adhesive and sealants
- Coating formulation
- Polymer modification
- Others
By End-user
- Automotive and transportation
- Construction industry
- Industrial manufacturing
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rise in production capacity for polybutadiene as one of the prime reasons driving the liquid polybutadiene market growth during the next few years. Also, increasing focus on sustainability and green initiatives and increasing demand from polymer modification industry will lead to sizable demand in the market.
The report on the liquid polybutadiene market covers the following areas:
- Liquid polybutadiene market sizing
- Liquid polybutadiene market forecast
- Liquid polybutadiene market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquid polybutadiene market vendors that include China Petrochemical Corp., Comar Chemie AG, Eni SpA, Evonik Industries AG, Idemitsu Kosan Co. Ltd., JSR Corp., Kumho Petrochemical Co. Ltd., KURARAY Co. Ltd., Lanxess AG, LG Electronics Inc., Lotte Chemical Titan Holding Bhd, Nippon Soda Co. Ltd., Reliance Industries Ltd., ARLANXEO, Saudi Basic Industries Corp., SIBUR International GmbH, Synthomer Plc, Taprath Elastomers LLP, TotalEnergies SE, and Ube Corp.. Also, the liquid polybutadiene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.