Polybutadiene Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Polybutadiene is a polymer formed by polymerization of 1, 3-butadiene. It is a synthetic rubber, which is mostly used in the production of tires, and also to enhance the resistance of polystyrene and ABS (acrylonitrile butadienestyrene). Production of golf balls and coating of electronics also require polybutadiene. High resistivity of polybutadiene is a major factor augmenting its demand in tire manufacturing plants. One of the significant drivers for the global polybutadiene market is the rapid growth in automotive and plastic industries. Properties such as low transition, high resistance, high tensile strength, abrasion resistance, and toughness fuel the demand for polybutadiene globally. Moreover, increasing demand for ecofriendly and fuel efficient tires is also driving the global polybutadiene market. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/861 High cis polybutadine contains typically 92% or over cis and very small quantity of vinyl, typically less than 3%. It is produced by using the Natta-Ziegler catalyst, however the properties vary depending on the quality of the metal. Rubber is the second largest application segment of polybutadine market, tire industry being the fastest growing segment. Polybutadiene Market Outlook Asia Pacific is expected to be the fastest growing market in the forecast period. Rubber market of this region is growing at a significant pace, owing to the economic growth and increased Foreign Direct Investment (FDI) witnessed over the past few years. Thailand is the world’s top natural rubber producing country followed by Malaysia, Indonesia, and Vietnam. Growth of automobile industry—the major end-use industry in the region—is further propelling the demand for polybutadiene. According to CAAM (China Association of Automobile Manufacturers), China has witnessed a sale of 2,167,000 cars in July 2017. The North America polybutadiene market is expected to experience a significant growth during the forecast period. Presence of major end-use industries such as