Global Polybutadiene Elastomers Market Is Primarily Driven By Perpetual Applications – Tire, Polymer Modification

Polybutadiene elastomers (PBR), a synthetic rubber, is the second-largest produced product globally after styrene-butadiene elastomers (SBR). Vulcanized polybutadiene elastomers exhibit high resilience, which signifies their ability to regain shape and size after going through a series of stresses. Furthermore, polybutadiene elastomers are also resistant against abrasion and resistance from cut growth (growth in the size of the initial cut in the cured rubber). All these characteristics of polybutadiene elastomers make it ideal for the manufacturing of tires and consumer goods.

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Polybutadiene Elastomers Segmentation

The global polybutadiene elastomers can be segmented by

  • product type
  • applications
  • region.

On the basis of product type, the global polybutadiene elastomers market is segmented by

  • high cis
  • low cis
  • high trans
  • high vinyl

On the basis of applications, the global polybutadiene elastomers market is segmented by

  • tire manufacturing
  • polymer modification
  • industrial rubber manufacturing

The rapid growth in the automotive sector has a significant effect on the polybutadiene elastomers market, owing to the rising demand for efficient and effective materials for tire manufacturing. On the other hand, with advancement in the industrial automation industry, applications from polybutadiene elastomers is anticipated to gain traction in the coming years.

CHEMICAL INDUSTRY

Leaders in the chemical industry need to take a paradigm shift from traditional business practices and adapt to digitization. While digital advances have face-lifted each industrial domain, the chemicals industry is still reluctant to completely adapt to the new transformational technology-driven landscape.The penetration of IoT technology has already reached the chemicals industry, and certain industry leaders are deploying the same to achieve better connectivity between smart devices and equipment. IoT also enables chemical and material manufacturers to monitor real-time gaps in performance.As sustainability trends the industry, companies operating in the green or bio-based chemicals sectors hold promising growth prospects. Moreover, rapid consumer shift to green and smart chemicals, materials, and derived products is compelling industry stakeholders to prioritize green or sustainable attributes in new products, solutions, and applications.

Polybutadiene Elastomers Competitive Landscape

The global market for polybutadiene elastomers is fragmented in nature owing to the presence of the large number of players in the market. The global polybutadiene elastomers market has lucrative opportunities for new entrants, which will cater to competitiveness in product offerings and also lead to the reduction in prices of the products.

Polybutadiene Elastomers Key Market Player

Prominent players in the global polybutadiene elastomers market are Lanxess, JSR Corporation, Synthos S.A., Reliance Industries Ltd., Kumho Petrochemical Co. Ltd., Saudi Arabia Basic Industries Corporation (SABIC), Versalis S.P.A, LG Chem Ltd., PJSC Sibur Holding, China Petroleum & Chemical Corporation (Sinopec), The Goodyear Tire & Rubber Company and LyondellBasell Industries.

What insights readers can gather from the Polybutadiene Elastomers Market report?

  • Learn the strategies, and modus operandi of every Polybutadiene Elastomers market player –expansions, product launches, collaborations and acquisitions in the market currently
  • Enter the market with an objective view of of the progress outlook of the global Polybutadiene Elastomers landscape, including total revenue, consumption and production, and historical & forecast
  • Get your hands on key drivers, opportunities, challenges to growth and trends (DROT Analysis)
  • Get a sneak-peek of trends, R&D developments, such as carbon footprint, prototype technologies, and globalization

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What Do You Get in a Fact.MR Study?

  • Factors affecting the overall development of the market
  • Factor that might restrain the growth of the global market in the coming years of the forecast period 2019 to 2029
  • What is present competitive scenario of the global Polybutadiene Elastomers  Market and its intricate details concerning potential business prospects of leading market players
  • Pricing strategies of several different market players

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

The Polybutadiene Elastomers Market report answers the following queries:

  1. What is the largest share held by key players in the market?
  2. What strategies have proven most advantageous in the Polybutadiene Elastomers Market?
  3. Which region promises largest opportunity for new investors during the forecast period 2019 to 2029?
  4. What factors will most likely present challenges to growth during the forecast period?
  5. What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2019 to 2029?

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