Polybutadiene Market Can Rise Rapidly Between 2019 and 2025Posted by Avinash on March 18th, 2020 The global polybutadiene market is expected to reach USD 5.83 billion by 2025, according to a new report by Grand View Research, Inc. The rising demand for synthetic rubber in automobile tire manufacture is expected to boost market growth for polybutadiene. The high demand for polybutadiene can be attributed to properties such as abrasion resistance, high resilience and cut growth resistance. It is used in combination with other rubbers for the manufacture of tires, industrial products, and consumer products. Tire manufacturing is the major application segment in the market. Manufacturers are also exploring downstream potential as the price of polybutadiene in these applications is more stable. The demand is high in Asia Pacific owing to the presence of a robust application industry. The presence of companies such as JSR Corporation and Reliance Industries Ltd. is driving market growth in this region. Request Free Sample PDF of the research at: Polybutadiene Market Other key findings from the study suggest:
Grand View Research has segmented the global polybutadiene market on the basis of product, application, and region: Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
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