Liquid Polybutadiene Market Summary
According to the new market research report “Global Liquid Polybutadiene Market Report 2024-2030”, published by QYResearch, the global Liquid Polybutadiene market size is projected to reach USD 0.62 billion by 2030, at a CAGR of 6.2% during the forecast period.
- Global Liquid Polybutadiene MarketSize(US$ Million), 2019-2030
Above data is based on report from QYResearch: Global Liquid Polybutadiene Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global Liquid Polybutadiene Top9Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Liquid Polybutadiene Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Liquid Polybutadiene include Cray Valley, Synthomer, Nippon Soda, Evonik Industries, Kuraray, etc. In 2023, the global top four players had a share approximately 71.0% in terms of revenue.
- Liquid Polybutadiene,Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Liquid Polybutadiene Market Report 2024-2030.
In terms of product type, currently Non-functionalization is the largest segment, hold a share of 34.7%.
- Liquid Polybutadiene,Global Market Size, Split by ApplicationSegment
Based on or includes research from QYResearch: Global Liquid Polybutadiene Market Report 2024-2030.
In terms of product application, currently Tire is the largest segment, hold a share of 51.7%.
- Liquid Polybutadiene,Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Liquid Polybutadiene Market Report 2024-2030.
Market Drivers:
D1: With the continuous advancement of technology, the production efficiency and quality of liquid polybutadiene are also constantly improving, further promoting the growth of its market demand.
D2: Hydroxyl-terminated polybutadiene (hydroxybutadiene rubber) is a very important liquid rubber variety. Due to its special chemical structure, hydroxybutadiene rubber has excellent physical and chemical properties and can maintain stability and reliability in extreme environments. It plays a key role in solid propellants, coatings, liners, aerospace vehicle escape towers and other application fields, and is widely used in aerospace and national defense fields. With the development of the national military industry and the increasing demand for strategic reserves, the continuous installation of new equipment models, and the rapid development of commercial aerospace, the demand for hydroxybutadiene rubber from downstream customers will rise rapidly.
D3: Liquid polybutadiene is widely used in formulating paints and coating intermediates. Liquid polybutadiene is used in formulating coatings to reduce the total solvent content of the final coating formulation. Growth in the paints and coatings industry is expected to boost demand for liquid polybutadiene.
Demand for liquid polybutadiene is also rising in the electronics industry due to its hydrophobic nature.
Due to its superior properties of high wear resistance, this compound is also ideal for tire manufacturing. Apart from tire manufacturing, it is also used in the manufacturing of various products such as bumpers, rim pads, tire sidewalls, and bead fillers, which will drive market growth.
D4: East Asia has the highest demand for liquid synthetic rubber due to the wide range of industries in the region, including rubber manufacturing, adhesives and sealants, polymer modification, coating formulation, etc.
Restraint:
R1: Currently, the price of high-end liquid rubber on the market remains high. Compared with the traditional rubber and elastomer market, liquid rubber only occupies a small part.
R2: The production process and preparation equipment supporting requirements of liquid polybutadiene are relatively high, coupled with its significant economies of scale, resulting in large initial investment in R&D funds for enterprises. Although the price of high-end products is much more expensive than ordinary products, in terms of yield, the increase is not proportional.
R3: International trade of high-end liquid rubber is frequent. Without a relatively safe trade environment, the difficulty and cost of trade will be greatly increased.
R4: With the advancement of technology, more and more substitutes appear. If the product performance of the substitutes meets the requirements of the current product and the price is more favorable, then the current product will be hindered.
About The Authors
| Jiang Jinxiu – Lead Author |
| Email: global@qyresearch.com |
| Jinxiu Jiang is a technology & market senior analyst specializing in chemical industry. Jiang has rich research experience in chemical industry and focuses on perfluoropolyethers, lubricating greases and heat transfer oils, trichlorohydrosilicon, petroleum needle coke, zirconia beads, high-strength glass fibers, long-glass fiber reinforced polypropylene, isostearic acid and its derivatives, and polytetrahydrofuran, etc. She is engaged in the development of technology and market reports and is also involved in custom projects. |
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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