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Polybutadiene Market Strategies and Forecasts, 2020 to 2026

In 2018, the automotive sector dominated the global industry in terms of revenue. Asia Pacific is expected to be the foremost contributor to the global polybutadiene market during the forecast period. A significant growth in the automotive industry along with escalating production of motor vehicles is expected to spur the market.

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Polybutadiene Market Strategies and Forecasts, 2020 to 2026

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  1. Polybutadiene MarketSet to Exceed $7.83 Billion By 2026 | CAGR: 5.9% “Polybutadiene Market Share, Size, Trends, Industry Analysis Report By Type (Solid Polybutadiene Rubber, Liquid Polybutadiene Rubber); By End-User (Automotive, Chemical, Industrial, Others); By Regions, Segments & Forecast, 2019 - 2026”

  2. Polybutadiene Market Estimate & Forecast to 2026 The global polybutadiene market size is estimated to reach USD 7.83 billion by 2026 growing at a CAGR of 5.9% during the forecast period, according to a new report by Polaris Market Research In 2018, the automotive sector dominated the global industry in terms of revenue. Asia Pacific is expected to be the foremost contributor to the global polybutadiene market during the forecast period. A significant growth in the automotive industry along with escalating production of motor vehicles is expected to spur the market. Other driving factors include accelerated pace of industrialization, ramping up of vehicles and industrial mechanization. The rising growth is attributed to definitive properties such as abrasion resistance, high resilience and infinite resistance. It is used in cohorts with other rubbers for the manufacture of tires, industrial products and consumer products. Tire manufacturing is the major application segment. However stringent environmental concerns and a strict government order are expected to restrict growth of this market.  A stimulating demand from developing nations, technological enhancements, dedicated use of polystyrene and ABS in production of consumer goods are boosting growth.

  3. Polybutadiene Market Scope Request for sample

  4. Polybutadiene Market Estimate & Forecast to 2026 An increasing demand for synthetic rubber to be used in tire manufacture is cause for high growth. Polymer modification application shows resolute growth in polybutadiene market because of the intrinsic demand for modified polymer and golf balls. Asia Pacific witnessed rising growth by generating the highest revenue and is expected to lead during forecast period. The economic boom in the region coupled with maximum growth in automotive industries and growing living standards are expected to drive market growth. A pushing demand for production of tires and industrial automation are expected to boost growth in the region during forecast period. North America overshot growth estimates in 2016 due to presence of major tire manufacturers including Goodyear, Copper Tires and Proline. MEA is expected to observe insipid growth on account of price volatility because of reduced crude oil production. The leading players include China Petroleum and Chemical Corporation, JSR Corporation, Reliance Industries Ltd., Lanxess AG, Kumho Petrochemical Co. Ltd, The Goodyear Tire and Rubber Company, UBE Industries Ltd., Synthos S.A, Evonik Industries and LyondelBasell Industries NV among others. Browse Complete Report

  5. Polybutadiene Market Size Request for TOC

  6. Polybutadiene Market Study – Engagement Options Buy Now – Click Here! Buy now & have immediate access to premium insights Purchase Report Sections – Click Here! Regional analysis Segmentation analysis Industry outlook Competitive landscape Speak To Analyst – Click Here! Get your doubts clear Schedule a call with our analyst before making any decision Request For Sample Pages – Click Here! Get free sample pages Understand report structure Unmask data for validation

  7. About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com

  8. Thank You! Contact Us : Polaris Market Research30 Wall Street8th Floor, New York City, NY 10005,United States E mail Id: sales@polarismarketresearch.com Phone: +1-646-568-9980

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