Polybutadiene Market worth 12.71 Billion USD by 2022 - PowerPoint PPT Presentation

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Polybutadiene Market worth 12.71 Billion USD by 2022

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The report "Polybutadiene Market by Type (Solid Polybutadiene (High Cis, Low Cis, High Trans, High Vinyl), Liquid Polybutadiene), Application (Tires, Polymer modification, Industrial rubber, Chemical), and Region - Global Forecast to 2022", The market size of polybutadiene 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. – PowerPoint PPT presentation

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Title: Polybutadiene Market worth 12.71 Billion USD by 2022


1
Polybutadiene Market
The report "Polybutadiene Market by Type (Solid
Polybutadiene (High Cis, Low Cis, High Trans,
High Vinyl), Liquid Polybutadiene), Application
(Tires, Polymer modification, Industrial rubber,
Chemical), and Region - Global Forecast to 2022",
The market size of polybutadiene 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. The polybutadiene market is driven by the
increasing demand from the automotive industry
and growth in rubber industry.
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Introduction
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 application, including tire, polymer
modification, chemical, and industrial rubber
manufacturing. The main types of polybutadiene
are solid polybutadiene rubber and liquid
polybutadiene rubber. The solid polybutadiene
rubber segment is estimated to lead the
polybutadiene market during the forecast period,
due to its suitability in several applications
such as tires and plastics. 
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Key Participants
The major players in polybutadiene market are 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), Reliance Industries Ltd (India), PJSC
Sibur Holdings (Russia), Kumho Petrochemical Co.
Ltd. (South Korea) and Total Cray Valley (US).
Speak with Analyst
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On The Basis Of Region
Asia-Pacific is estimated to be the leading
market for polybutadiene. Thailand is projected
to be the fastest-growing market for
polybutadiene during the forecast period while
China was the largest market, in terms of both
value and volume, in 2016. India, Japan, and
South Korea are other countries contributing to
the growth of polybutadiene market in this
region. The increasing demand for polybutadiene
from the end-use industries such as tires,
polymer modification, and others is expected to
drive the growth of the polybutadiene market in
these countries.
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