Quick Summary:
As the global economy enters a period of accelerated recovery, the Polybutadiene market is poised for significant growth, paving the way for strategic opportunities within the landscape. With the market estimated to reach an impressive US$10.9 Billion by 2030, understanding the dynamics, trends, and forecasts for this industry is more critical than ever before. Being at the forefront of this knowledge can redefine your strategic planning and propel your business to new heights.
Our meticulously crafted market research report delves deep into the Polybutadiene market, carrying you beyond mere figures. With a comprehensive analysis of key geographic markets including the U.S., China, Japan, Canada, and Europe, this report provides you with the intelligence you need to navigate this burgeoning industry. Not only will it equip you with insights on major competitors, but it also offers special coverage on noteworthy topics and comes with access to digital archives and our research platform. The dynamic nature of this market demands timely and well-informed strategies; tap into that potential, today.
Global Polybutadiene Market to Reach $10.9 Billion by 2030
The global market for Polybutadiene estimated at US$7.9 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 4% over the analysis period 2022-2030. Solid Polybutadiene, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$6.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Liquid Polybutadiene segment is readjusted to a revised 3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 6.9% CAGR
The Polybutadiene market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 2.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.Select Competitors (Total 44 Featured) -
- China Petroleum & Chemical Corporation (SINOPEC)
- China Wanda Group
- Evonik Industries AG
- Firestone Polymers LLC
- JSR Corporation
- Kumho Petrochemical Co., Ltd. (KKPC)
- Kuraray Co., Ltd.
- Lanxess AG
- LG Chem Ltd.
- Mitsubishi Corporation
- Nippon Soda Co., Ltd.
- Nizhnekamskneftekhim
- PetroChina Company Limited
- Reliance Industries Ltd.
- Saudi Arabia Basic Industries Corporation
- Shazand Petrochemical Company
- SIBUR Holding OJSC
- Synthos SA
- Taiwan Synthetic Rubber Corp.
- The Goodyear Tire & Rubber Company
- Total Cray Valley
- Trinseo LLC
- UBE Industries Ltd.
- Versalis SpA
- ZEON Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Polybutadiene?
What is the growth rate of the Global Market for Polybutadiene?
What is the forecasted size of the Global Market for Polybutadiene?
Who are the key companies in the Global Market for Polybutadiene?
| Report Attribute | Details |
|---|---|
| No. of Pages | 193 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 7.9 Billion |
| Forecasted Market Value ( USD | $ 10.9 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- China Petroleum & Chemical Corporation (SINOPEC)
- China Wanda Group
- Evonik Industries AG
- Firestone Polymers LLC
- JSR Corporation
- Kumho Petrochemical Co., Ltd. (KKPC)
- Kuraray Co., Ltd.
- Lanxess AG
- LG Chem Ltd.
- Mitsubishi Corporation
- Nippon Soda Co., Ltd.
- Nizhnekamskneftekhim
- PetroChina Company Limited
- Reliance Industries Ltd.
- Saudi Arabia Basic Industries Corporation
- Shazand Petrochemical Company
- SIBUR Holding OJSC
- Synthos SA
- Taiwan Synthetic Rubber Corp.
- The Goodyear Tire & Rubber Company
- Total Cray Valley
- Trinseo LLC
- UBE Industries Ltd.
- Versalis SpA
- ZEON Corporation
