Global Polybutadiene Rubber Market 2022-2026

Global Polybutadiene Rubber Market 2022-2026

Technavio has been monitoring the polybutadiene rubber market and it is poised to grow by $2.90 bn during 2022-2026, accelerating at a CAGR of 4.61% during the forecast period. Our report on the polybutadiene rubber 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand from the automotive industry, the rising rate of industrialization, and the increased production of plastic.

The polybutadiene rubber market analysis includes the application segment and geographic landscape.

Technavio's polybutadiene rubber market is segmented as below:

By Application

• Tires
• Non-tires

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the rise in production capacity for polybutadiene as one of the prime reasons driving the polybutadiene rubber market growth during the next few years. Also, gaining the popularity of bio-adhesives and the use of bio-based materials in tire manufacturing will lead to sizable demand in the market.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters. Our report on the polybutadiene rubber market covers the following areas:

• Polybutadiene rubber market sizing
• Polybutadiene rubber market forecast
• Polybutadiene rubber market industry analysis

Technavio's 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 polybutadiene rubber market vendors that include ARLANXEO, China National Petroleum Corp., China Petrochemical Corp., Eni S.p.A., Evonik Industries AG, JSR Corp., Kumho Petrochemical Co Ltd, KURARAY Co Ltd, LANXESS AG, LG Chem Ltd., Nippon Soda Co. Ltd., Qingdao ECHEMI Digital Technology Co. Ltd., Reliance Industries Ltd., Saudi Basic Industries Corp., SIBUR International GmbH, Synthomer Plc, Synthos SA, The Goodyear Tire & Rubber Co., Ube Industries Ltd., and Zeon Corp. Also, the polybutadiene rubber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all future 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.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.