Liquid Polybutadiene Market Research 2022
The demand for chemical resistant materials spurs the expansion of the liquid polybutadiene market Share. Reports that review the chemicals and materials industry has been offered by Market Research Future, which generates reports on industry verticals that evaluate the market development and opportunities.
The prominent companies in the liquid polybutadiene market are SIBUR International GmbH (Austria), Versalis S.p.A (Italy), Cray Valley (France), Idemitsu Kosan Co., Ltd. (Japan), Kuraray Co. Ltd (Japan), Evonik Industries AG (Germany), and NIPPON SODA CO., LTD (Japan), among others.
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The escalated use of plastics is encouraging the use of liquid polybutadiene at an accelerated pace in the coming period. The surge in tire manufacturing is anticipated to reinforce the development of the liquid polybutadiene market in the coming years. The surge in the usage of liquid polybutadiene in the transportation sector is expected to create new avenues for growth in the impending period.
Segmental Analysis
The liquid polybutadiene market is segmented on the basis of end use, application, and region. Based on the application, the liquid polybutadiene market is segmented into industrial rubber, adhesives sealants, tire manufacturing, polymer modification, chemicals, protective films, coatings, and others. The end-use basis of segmenting the liquid polybutadiene market comprises of construction, transportation, industrial, and others.
Detailed Regional Analysis
The regional evaluation of the liquid polybutadiene market consists of regions such as the Middle East, Africa, Asia Pacific, Europe, North America, and Latin America. Among the regions, the Asia Pacific region is responsible for the main market portion in 2016 and is expected to develop at the highest CAGR of 5.34% to reach USD 1,483.2 million by the conclusion of 2027.
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Asia Pacific region is trailed by Europe, which accounted for the next largest market share due to intensifying renovation and repair in the construction industry.
As of 2016, Germany was responsible for the largest market share of 29.70 % in Europe and likely to remain dominant through the forecast period owing to greater penetration of end-user industries in the country.
North America is another noteworthy region in the liquid polybutadiene market. The US controls the North American market in terms of value and volume. The Latin America and the Middle East Africa are projected to develop at a modest rate during the forecast period.
Competitive Analysis
The forces that are having a considerable pull in the market's development are dynamically changing, leading to the creation of novel opportunities. The stronger influence of buyer purchasing behavior is dictating the expansion of the market to a great extent. The allocation of assets is being done judiciously so as to ensure improved growth opportunities. The pricing of goods in the market is done in a manner that ensures advantages to individuals and competitors.
The industry cost make-up is also likely to modify with time. The role of the government in the market is substantially motivating the market. Also, the development of technology has increased momentum, guiding to improved market growth. The competition in the market is conducive to the overall growth of the market. The new players in the market are motivated by the presence of conducive factors prevailing in the market.
Table of Content
1 Report Prologue
2 Scope Of The Report
2.1 Market Definition 13
2.2 Scope Of The Study 13
2.2.1 Research Objectives 13
2.2.2 Assumptions 14
2.2.3 Limitations 14
2.3 Markets Structure 14
3 Research Methodology
3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 17
3.4 Market Size Estimation 17
4 Market Dynamics
4.1 Introduction 20
4.2 Drivers 21
4.2.1 Increasing Tire Manufacturing Across The Globe Is A Key Factor Driving Demand Of Liquid Polybutadiene (65% Impact Weightage) 21
4.2.2 Growing Construction Industry Driving Liquid Polybutadiene Market (35% Impact Weightage) 22
4.3 Restraints 23
4.3.1 Fluctuation In Raw Material Prices 23
4.4 Trends Opportunities 24
4.4.1 Rising Demand Of Bio Based Liquid Polybutadiene In Tire Manufacturing 24
4.4.2 Upsurge In Construction Activities In Asia And Middle East Africa To Offer Lucarative Opportunities 24
4.5 Macroeconomic Indicators 24
4.5.1 Rise In Disposable Income Coupled With Increased Spending On Automotive And Construction Activities. 24
5 Market Factor Analysis
5.1 Supply Chain Analysis 26
5.1.1 Raw Material Suppliers 26
5.1.2 Liquid Polybutadiene Producers 27
5.1.3 Liquid Polybutadiene Distributors 27
5.1.4 End User 27
5.2 Porter's 5 Forces Analysis 27
5.2.1 Threat Of New Entrants 27
5.2.2 Threat Of Rivalry 27
5.2.3 Threat Of Substitute 28
5.2.4 Bargaining Power Of Supplier 28
5.2.5 Bargaining Power Of Buyer 28
6 Global Liquid Polybutadiene Market, By Application
6.1 Introduction 29
6.2 Tire Manufacturing 33
6.3 Industrial Rubber 34
6.4 Polymer Modification 35
6.5 Protective Films 36
6.6 Chemicals 37
6.7 Coatings 37
6.8 Adhesives Sealants 38
6.9 Others 39
7 Global Liquid Polybutadiene Market, By End Use
7.1 Introduction 42
7.2 Transportation 45
7.3 Construction 46
7.4 Industrial 47
7.5 Others 47
8 Global Liquid Polybutadiene Market, By Region
8.1 Introduction 49
8.2 North America 51
8.2.1 U.S. 55
8.2.2 Canada 58
8.3 Europe 61
8.3.1 Germany 65
8.3.2 UK 67
8.3.3 Spain 70
8.3.4 France 73
8.3.5 Italy 76
8.3.6 Rest Of The Europe 79
8.4 Asia Pacific 82
8.4.1 China 86
8.4.2 India 89
8.4.3 Japan 92
8.4.4 Rest Of The Asia Pacific 95
8.5 Latin America 98
8.5.1 Mexico 102
8.5.2 Brazil 105
8.5.3 Rest Of The Latin America 108
8.6 Middle East Africa 111
8.6.1 UAE 115
8.6.2 Saudi Arabia 118
8.6.3 Rest Of The Middle East Africa 121
9 Competitive Landscape
9.1 Introduction 124
9.2 Key Development Strategies 124
10 Company Profile
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