The global polybutadiene rubber market to grow at a CAGR of 5.82% during the period 2018-2022.
Global Polybutadiene Rubber Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is rising demand for bio-based feedstock. The use of bio-based feedstock in the production of synthetic rubber is one of the rising trends. The development of renewable chemicals for the production of rubber is growing rapidly on the grounds of achieving sustainability.
According to the report, one driver in the market is increasing demand from the automotive industry. The automotive industry is one of the key end-user industries of BR. The automotive sector in the BR market contributes to the market with the maximum share, in terms of consumption. It is used in the industry for the production of tires.
Further, the report states that one challenge in the market is fluctuation in the prices of raw materials. Consistent price fluctuations of raw materials used in the production of BR poses a challenge to the manufacturers of BR. BR is a polymer that is synthesized by the polymerization of the monomer 1, 3-butadiene, the prices of which have an impact on that of BR. Butadiene is entirely derived as a by-product of ethylene steam cracking of gas oil or naphtha feedstocks.
- Rising demand for bio-based feedstock
- Increasing acceptance of green tires made using Nd-BR
- Increase in the demand for BR-based golf balls
- Kumho Petrochemical
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Application
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
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