Polybutadiene Market Report

Market Insights

Polybutadiene market is likely to witness an impressive CAGR of 5.4% during the forecast period. The major factor contributing to the growth of the market for polybutadienes is mainly its increasing demand, majorly from the tire industry.

Segments' Analysis

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Polybutadiene Market Share: By Product Type

Based on the product type, the market is segmented as solid polybutadiene and liquid polybutadiene. The solid polybutadiene segment held the larger share of the market in 2019, and is expected to maintain its leading position during the forecast period. The growing demand for improved performance and low-rolling resistant tires is expected to provide higher growth opportunities for this segment.

Polybutadiene Market Share: By Application Type

Based on the application type, the market is segmented as tires, polymer modification, industrial rubber manufacturing, chemicals, and others. The tires segment dominates the market bolstered by the growing automotive industry. Further, high demand for tires in automotive industry and rise in production of motor vehicles are propelling the growth of this segment during the forecast period.

Polybutadiene Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for polybutadienes during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, which is generating gargantuan demand for polybutadienes and the presence of a large number of polybutadiene manufacturers in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation

Polybutadiene is a synthetic rubber. It is the second-largest compound employed in the syntheses of synthetic rubber after styrene butadiene rubber (SBR). Properties such as high resistance, excellent abrasion resistance, high resilience, exceptional rolling resistance as well as low glass transition temperature, which helps in better fuel economy, make polybutadiene the ideal choice for the manufacturing of tires. Polybutadienes are of different types, such as solid polybutadiene and liquid polybutadiene, that are used in various end-use industries, such as tires, polymer modification, industrial rubber manufacturing, and chemicals.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The polybutadiene market is segmented into the following categories. 

Polybutadiene Market Size, Share, & Forecast, by Product Type:

• Solid Polybutadiene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Liquid Polybutadiene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Polybutadiene Market Size, Share, & Forecast, by Application Type:

• Tires (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polymer Modification (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Industrial Rubber Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Chemicals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others
• (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Application Type Analysis: Sporting Goods and Footwear)

Polybutadiene Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the major polybutadiene manufacturers are-

• ARLANXEO
• JSR Corporation
• UBE Industries Ltd.
• SABIC
• LG Chem Ltd.
• Versalis SPA
• PJSC SIBUR Holdings
• Sinopec
• Kuraray Co. Ltd.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, Polybutadiene portfolio, Polybutadiene launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Polybutadiene portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.