Global NdBR Market Growth 2023-2029

Global NdBR Market Growth 2023-2029

Rare earth butadiene rubber, also known as neodymium series butadiene rubber, is a kind of butadiene rubber which is polymerized by catalytic system of rare earth neodymium metal as the main body. Using this kind of rubber as raw material to manufacture tires can greatly improve the quality and performance of tires. Rare earth butadiene rubber has the structure of regular chain structure, good linearity, high average molecular weight and adjustable molecular weight distribution. It has the characteristics of high strength, flexion resistance, low heat generation, wet slip resistance and low rolling resistance. Its performance is superior to nickel rubber, and it is the preferred rubber for developing high-performance tires and energy-saving tires. This product is suitable for all kinds of raw material formula of radial tire and bias tire, and can be used with natural rubber and styrene butadiene rubber. Compared with the widely used nickel butadiene rubber, rare earth butadiene rubber has the advantages of reducing tire lag loss and endogenous heat, reducing rolling resistance, improving tire wear resistance and skid resistance, improving tire crown rubber aging and falling out, tire side rubber aging and cracking phenomenon, and can improve the durability and high-speed performance of tires. Other uses include footwear, sporting goods (golf), conveyor belts, etc.
LPI (LP Information)' newest research report, the “NdBR Industry Forecast” looks at past sales and reviews total world NdBR sales in 2022, providing a comprehensive analysis by region and market sector of projected NdBR sales for 2023 through 2029. With NdBR sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NdBR industry.
This Insight Report provides a comprehensive analysis of the global NdBR landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NdBR portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global NdBR market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NdBR and breaks down the forecast by type, by product, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NdBR.
The global NdBR market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In Chinese market, the core manufacturers of neodymium-based butadiene rubber (NdBR) includes Zhejiang Transfar Synthetic Material, TSRC-UBE etc and the top 2 companies hold a share about 30%.
This report presents a comprehensive overview, market shares, and growth opportunities of NdBR market by product type, product, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cis Content (%): min. 95
Cis Content (%): min. 96
Cis Content (%): min. 97
Segmentation by product
Radial Tire
Bias Tire
Shoes
Golf
Hoses and Belts
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Zhejiang Transfar Synthetic Material
TSRC-UBE
Chimei
Arlanxeo
Qixiang Tengda Chemical
Synthos
JSR
DuShanzi Petrochemical
Sibur
Nizhnekamskneftekhim
Yanshan Petrol-Chemical
Kumho Petrochemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global NdBR market?
What factors are driving NdBR market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do NdBR market opportunities vary by end market size?
How does NdBR break out type, product?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.