Solid polybutadiene rubber: the most widely used type of polybutadiene
Posted by Robin White on January 21st, 2020
The main types of polybutadiene are solid polybutadiene rubber and liquid polybutadiene rubber. The solid polybutadiene segment is expected to lead the polybutadiene market. It is primarily used in the automotive industry, especially in the manufacturing of tires. Solid polybutadiene possesses several physical properties, such as high tensile strength as well as excellent abrasion and tear resistance. Solid polybutadiene is divided into high cis, low cis, high vinyl, and high trans. High cis is widely used in tire application as it provides better green strength and high cut growth resistance properties.
The polybutadiene market is estimated to grow from USD 6.56 Billion in 2016 to USD 12.71 Billion by 2022, at a CAGR of 5.3% from 2017 to 2022.
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The growth of the market is fueled by the growing demand for polybutadiene from the tire industry owing to its unique properties, such as toughness, good abrasion resistance, cold resistance, high tensile strength, high resilience, tear resistance, and durability. These properties make polybutadiene suitable for various applications, including tire, polymer modification, chemical, and industrial rubber manufacturing.
Key Target Audience:
1. Manufacturers of Polybutadiene
2. Traders, Distributors, and Suppliers of Polybutadiene
3. Regional Manufacturers’ Associations
4. Government and Regional Agencies and Research Organizations
North America, Europe, Asia Pacific, Middle East & Africa, and South America are considered the key markets for polybutadiene in the report. The Asia Pacific is estimated to dominate the polybutadiene market, owing to the rising demand for polybutadiene driven by its increased use in end-use industries. Europe is the second-largest consumer of polybutadiene, globally. The market in this region is mainly driven by the growth in the automotive industry.
Kumho Petrochemical Co. Ltd. (South Korea), Reliance Industries Ltd (India), JSR Corporation (Japan), LANXESS AG (Germany), Kuraray Co. Ltd. (Japan), UBE Industries Ltd. (Japan), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), Versalis S.p.A. (Italy), Sinopec (China), PJSC SIBUR Holdings (Russia), and Total Cray Valley (US) are the key companies operating in the polybutadiene market. These companies adopted strategies such as expansions, mergers, joint ventures, agreements, and new product developments to expand their market share and distribution network in the polybutadiene market.
