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PRESS RELEASE
Published April 6, 2023
Exactitude Consultancy Market Research analyses that the Polybutadiene market will witness a CAGR of 6.31% for the forecast period of 2023-2029 and is likely to reach at USD 7.07 billion by 2029 from USD 3.65 billion in 2022.
The Polybutadiene Market Research Report includes in-depth research and insights into the market size, revenues, important categories, growth drivers, limiting factors, and regional industrial presence. The goal of the market research study is to extensively explore the Chemical and Material industry and obtain an understanding of the business and its economic potential. As a consequence, the client gains wide information about the industry and business from the past, present, and future viewpoints, allowing them to spend money and deploy resources wisely. This report is 133 pages long and includes a detailed table of contents, a list of figures, tables, and charts, as well as significant analysis.
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Years considered for this report:
Historical Years: 2018-2021
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2029
Polybutadiene Market Drivers
- Increasing Electric Vehicle Production
Polybutadiene is often used to manufacture tires, coatings, adhesives, and sealants. And tires, coatings, adhesives, and sealants are often used in electric vehicles. The production and adoption of electric vehicles are anticipated to increase globally. For instance, according to Invest India, the Indian EV market is expected to grow at a CAGR of 44 percent between 2020 and 2027, with annual sales reaching 6.34 million units.
- Flourishing Aerospace Sector
In the aerospace industry, polybutadiene-based tires, coatings, adhesives, and sealants are used during the aircraft production process. The demand for aircraft is on an upsurge in various regions. For instance, in November 2022, Boeing projected that China’s airlines will buy US$1.4 trillion worth of 8,600 new aircraft and US$1.7 trillion worth of commercial aviation services over the next 20 years. By 2029, the Middle East will require 2,520 airplanes, according to Boeing’s current business forecast. Also, according to Boeing India is expected to drive the demand for 2,300 aircrafts worth US$320 billion over the next 20 years.
Polybutadiene Market Challenges
- Health Risk Associated with Polybutadiene
Polybutadiene is a synthetic rubber made from the monomer 1,3-butadiene polymerized. Acute inhalation of 1,3-butadiene causes irritation of the eyes, nasal passages, throat, and lungs in humans. At very high exposure levels, neurological effects such as blurred vision, fatigue, headache, and vertigo have been reported. Humans exposed to 1,3-butadiene on the skin experience a cold sensation followed by a burning sensation.
Polybutadiene Market: Demand Analysis and Opportunity Outlook to 2023-2029
The Polybutadiene study defines the market size of various segments and countries by historical years and forecasts the value for the next 7 years. The report brings together qualitative and quantitative elements of the Polybutadiene industry, including: market share, market size (value and volume 2017-2022, and forecast to 2023-2029), in the highly competitive market for each country concerned Express appreciation. Furthermore, the study also caters and provides in-depth statistics on the key elements of Polybutadiene, which includes drivers and restraints that help in estimating the future growth prospects of the market.
The study pays attention to the loftiest revenue-generating and highest growing segments of the Polybutadiene market. This makes the research document accurately organized and systematic alongside encouraging a simpler understanding of each facet covered in this report. Major Key players profiled in the report include: ARLANXEO (Netherlands), JSR Corporation (Japan), UBE Industries Ltd. (Japan), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), Versalis SPA (Italy), PJSC SIBUR Holdings (Russia), Sinopec (China), and Kuraray Co. Ltd. and others.
Polybutadiene Market Segmentation:
Polybutadiene Market by Type, 2023-2029 , (USD Million), (Kilotons)
- Solid Polybutadiene
- Liquid Polybutadiene
Polybutadiene Market by Application, 2023-2029 , (USD Million), (Kilotons)
- Tires
- Polymer Modification
- Industrial Rubber Manufacturing
- Chemicals
- Others (Sporting Goods And Footwear)
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Geographically, the following regions were investigated:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key market aspects are illuminated in the report:
Executive Summary: It covers a summary of the most vital studies, the Polybutadiene market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Polybutadiene market, the years measured, and the study points.
Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.
Manufacture by region: This Polybutadiene report offers data on imports and exports, sales, production and key companies in all studied regional markets
What is the purpose of this report?
- A thorough review of the Polybutadiene market, including regional markets.
- Comprehensive coverage of all segments of the Polybutadiene market to assess trends, developments and market size forecasts till 2023-2029.
- A thorough examination of deals involved in the Polybutadiene market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
- The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.
There are 13 Sections to show the Polybutadiene market:
Chapter 1: Polybutadiene Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production by Regions
Chapter 4: Consumption by Regions
Chapter 5: Production, By Types, Revenue, and Market share by Types
Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications
Chapter 7: Complete profiling and analysis of Manufacturers
Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses
Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Polybutadiene Market Forecast
Chapter 13: Polybutadiene Market Research Findings and Conclusion, Appendix, methodology, and data source
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Key questions answered in the report include:
- What is the growth potential of the Polybutadiene market?
- Which regional markets will emerge as leaders in the next few years?
- What are the key challenges facing the Polybutadiene market in the future?
- Who are the most prominent players in the global Polybutadiene market?
- What are the key trends positively impacting market growth?
Key Points from TOC:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Global Statistics — Key Countries
- New Product Launches
- Pipeline Analysis
- Regulatory Scenario — Key Countries
- Recent Industry Developments — Partnerships, Mergers and Acquisitions
- Global Market Analysis, Insights and Forecast
- Key Findings/ Summary
- Market Analysis — By Product Type
- Market Analysis — By Distribution Channel
- Market Analysis — By Countries/Sub-regions
- Competitive Analysis
- Key Industry Developments
- Global Market Share Analysis
- Competition Dashboard
- Comparative Analysis — Major Players
- Company Profiles
- Overview
- Products and Services
- SWOT Analysis
- Recent developments
- Major Investments
- Regional Market Size and Demand
- Strategic Recommendations
TOC Continued……………….
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About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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