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    Liquid Polybutadiene Market

    ID: MRFR/CnM/2682-CR
    123 Pages
    Priya Nagrale
    October 2017

    Liquid Polybutadiene Market Research Report Information by Application (Tire Manufacturing, Industrial Rubber, Polymer Modification, Protective Films, Chemicals, Coatings, Adhesives & Sealants, and Others), by End Use (Transportation, Construction, Industrial, and Others) and by Region (Asia Pacific, Europe, North America, Latin America, and Middle East & Africa) - Forecast till 2035

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    Liquid Polybutadiene Market Infographic
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    Liquid Polybutadiene Market Summary

    The Global Liquid-Polybutadiene Market is projected to grow from 3.14 USD Billion in 2024 to 5.26 USD Billion by 2035, reflecting a robust CAGR of 4.8%.

    Key Market Trends & Highlights

    Global Liquid-Polybutadiene Key Trends and Highlights

    • The market valuation is expected to reach 5.26 USD Billion by 2035, indicating a strong growth trajectory.
    • From 2025 to 2035, the market is anticipated to expand at a compound annual growth rate of 4.8%.
    • In 2024, the market is valued at 3.14 USD Billion, laying a solid foundation for future growth.
    • Growing adoption of eco-friendly materials due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.14 (USD Million)
    2035 Market Size 5.26 (USD Million)
    CAGR (2025-2035) 4.8%

    Major Players

    Cray Valley, Kuraray Co. Ltd., Evonik Industries AG, SIBUR International GmbH, Nippon Soda Co. Ltd., Reliance Industries Limited, Synthomer plc, Versalis S.p.A., Uber Industries

    Liquid Polybutadiene Market Drivers

    Growing Demand from Automotive Sector

    The Global Liquid-Polybutadiene Market Industry experiences a notable surge in demand from the automotive sector, primarily due to its application in manufacturing high-performance tires and various automotive components. As the automotive industry increasingly focuses on enhancing fuel efficiency and reducing emissions, the use of lightweight materials becomes paramount. Liquid polybutadiene, with its superior elasticity and resilience, is well-suited for these applications. In 2024, the market is projected to reach approximately 3.14 USD Billion, driven by the automotive sector's ongoing innovations and the shift towards sustainable materials.

    Key Companies in the Liquid Polybutadiene Market market include

    Industry Developments

    In 2016, Kuraray Co. Ltd, PTT Global Chemical, as well as, Sumitomo Corporation had signed a memorandum of understanding to conduct a shared study targeting the expansion of the Butadiene derivates in various parts of Thailand.

    Various key market players belonging to the Asian Pacific nations are expanding their operations to step into the international market and increase their footprint in the global market in the upcoming future years.Amid the ongoing COVID 19 pandemic, there is a growing emergence and volatility in the prices of commodities like crude oil, as well as, other raw materials.

    This is presenting the market hurdles which are being vanished by the adoption of new uses of the key players prevalent in the market through its functions.There is a huge increase in the demand for the market segments of automotive across various locations of the world, thus, increasing the demand for tires that is an application of the global LPBD market. Hence, tire manufacturing demand is likely to increase at a considerable scale by the end of 2023.The prominent market players belonging to the North American region are shifting to produce biodegradable plastic, as well as, petroleum-based plastic products.

    These are contributing to overcome the environmental restraints and helping the market grow at a good pace.

    Future Outlook

    Liquid Polybutadiene Market Future Outlook

    The Global Liquid-Polybutadiene Market is projected to grow at a 4.8% CAGR from 2024 to 2035, driven by increasing demand in automotive and consumer goods sectors.

    New opportunities lie in:

    • Invest in bio-based liquid-polybutadiene to capture eco-conscious consumer segments.
    • Develop advanced formulations for enhanced performance in high-temperature applications.
    • Expand distribution networks in emerging markets to leverage growing industrial demand.

    By 2035, the market is expected to achieve robust growth, positioning itself as a key player in the polymer industry.

    Report Scope

    Attribute/Metric Details
      Market Size 2022: USD 2.96 billion 2030: Significant Value
      CAGR   4.8%(2022-2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Application and End-Use
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Cray Valley, Kuraray Co. Ltd., Evonik Industries AG, SIBUR International GmbH, Nippon Soda Co. Ltd., Reliance Industries Limited, Synthomer plc, Versalis S.p.A., Uber Industries
      Key Market Opportunities   The current market is undergoing a huge demand for chemical resistance
      Key Market Drivers   The growth of the construction industry is playing a major role

    Market Highlights

    Author
    Priya Nagrale
    Senior Research Analyst

    With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

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    FAQs

    What is the expected CAGR growth for the global market by the end of the global forecast period in 2035?

    The market is expected to grow at a CAGR of 4.85 by the end of the forecast period in 2035.

    Which region is expected to enjoy maximum growth by the end of 2035?

    The Asian Pacific or APAC region

    Name the market segments?

    The market has been segmented based on application, end-users and regions.

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    Case Study
    Chemicals and Materials