Liquid Polybutadiene Market to increase by USD 980.7 million from 2022 to 2027, China Petrochemical Corp., Comar Chemie AG, and Eni SpA among key companies- Technavio
NEW YORK, Sept. 15, 2023 /PRNewswire/ — The liquid polybutadiene market is expected to grow by USD 980.7 million from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 4.98% during the forecast period, according to Technavio. Increasing demand for liquid polybutadiene in tire applications is notably driving the liquid polybutadiene market. However, factors such as Fluctuating crude oil prices may impede market growth. The market is segmented by application (rubber manufacturing, adhesive and sealants, coating formulation, polymer modification, and others), end-user (automotive and transportation, construction industry, industrial manufacturing, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the liquid polybutadiene market including China Petrochemical Corp., Comar Chemie AG, Eni SpA, Evonik Industries AG, Idemitsu Kosan Co. Ltd., JSR Corp., Kumho Petrochemical Co. Ltd., KURARAY Co. Ltd., Lanxess AG, LG Electronics Inc., Lotte Chemical Titan Holding Bhd, Nippon Soda Co. Ltd., Reliance Industries Ltd., Saudi Arabian Oil Company, Saudi Basic Industries Corp., SIBUR International GmbH, Taprath Elastomers LLP, TotalEnergies SE, Ube Corp., and Synthomer Plc. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a FREE Sample Report.
Liquid Polybutadiene Market 2023-2027: Company Analysis
Eni SpA – The company offers liquid polybutadiene such as SBS copolymers.
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Liquid Polybutadiene Market 2023-2027: Segmentation
Application
- The rubber manufacturing segment will account for a major share of the market’s growth during the forecast period. Due to its unique features and properties, the Liquid Polybutadiene Market provides several applications in the rubber industry. The liquid polybutadiene type of synthetic rubber has high elasticity and superior abrasion resistance, which makes it suitable for a variety of rubber products. For applications such as rubber production and sports equipment, it is proof of extraordinary durability and elasticity. The properties and durability of rubber products shall be enhanced by their ability to recover after deformation. Liquid hydrogenated polybutadiene offers a cost-efficient solution to the production of rubber components as compared with some other synthetic rubbers because it is comparatively less costly to produce. In addition, its ability to perform well with a wide range of temperature conditions ensures that it can be used for various purposes in the rubber industry. Hence, these factors are expected to drive segment growth during the forecast period.
- end-user (automotive and transportation, construction industry, industrial manufacturing, and others)
Geography
- APAC is estimated to contribute 52% to the growth of the global market during the forecast period.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View FREE PDF Sample Report
Liquid Polybutadiene Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist liquid polybutadiene market growth during the next five years
- Estimation of the liquid polybutadiene market and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the liquid polybutadiene market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of liquid polybutadiene market companies
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ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-User
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
