Global Polybutadiene Industry

Global Polybutadiene Industry

  • April 2021 •
  • 284 pages •
  • Report ID: 5900101 •
  • Format: PDF
Abstract:
- Global Polybutadiene Market to Reach $9.5 Billion by 2027
- Amid the COVID-19 crisis, the global market for Polybutadiene estimated at US$7.3 Billion in the year 2020, is projected to reach a revised size of US$9.5 Billion by 2027, growing at aCAGR of 3.7% over the period 2020-2027. Solid Polybutadiene, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$5.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liquid Polybutadiene segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 6.8% CAGR
- The Polybutadiene market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 6.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% 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