Polybutadiene Rubber Market Research 2020-2024 | Industry Planning Structure for the New Normal | Technavio

Shape strategic responses through the phases of industry recovery

China National Petroleum Corp., China Petroleum & Chemical Corp., and JSR Corp. will emerge as major polybutadiene rubber market participants during 2020-2024

LONDON--(BUSINESS WIRE)--The polybutadiene rubber market is expected to grow by USD 2.55 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the polybutadiene rubber market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19

The polybutadiene rubber market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the next normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure. Click here

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Related Report on Materials Industries:

Global Liquid Polybutadiene Market- The liquid polybutadiene market is segmented by end-user (transportation, construction, industrial manufacturing, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. Click Here to Get an Exclusive Free Sample Report

Global Gasket and Seal Materials Market- The gasket and seal materials market is segmented by type (rubber, fiber, silicone, graphite, PTFE, and others), end-user (automotive, industrial machinery, electrical and electronics, oil and gas, chemical, and others), and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Major Three Polybutadiene Rubber Market Participants:

China National Petroleum Corp.

China National Petroleum Corp. operates the business in various segments such as Service Station, Oil Products, Chemical Products, Oilfield Services, and Petroleum Equipment. The company offers Polybutadiene rubber. This product offers different types of synthetic rubber such as Nd-PBR and Buna CB with characteristics of outstanding abrasion resistance and high crack resistance respectively.

China Petroleum & Chemical Corp.

China Petroleum & Chemical Corp. operates the business in various segments such as Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company offers polybutadiene, which is used in manufacturing tires and other products.

JSR Corp.

JSR Corp. operates the business in various segments such as Elastomers, Plastics, Digital Solutions, Life Sciences, and Other. The company offers polybutadiene, which is used in manufacturing tires and other products.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/polybutadiene-rubber-market-industry-analysis

Polybutadiene Rubber Market 2020-2024: Segmentation

Polybutadiene rubber market is segmented as below:

• Application
  • Tires
  • Non-tires
• Geography
  • APAC
  • North America
  • Europe
  • MEA
  • South America

The polybutadiene rubber market is driven by increasing demand from the automotive industry. In addition, other factors such as increasing demand for BR-based golf balls are expected to trigger the polybutadiene rubber market toward witnessing a CAGR of over 4% during the forecast period.

Get more insights about the global trends impacting the future of polybutadiene rubber market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR46413

Market Drivers

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Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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