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POLYBUTADIENE MARKET Polybutadiene Market to Reach USD 23.34 Billion by 2034, Growing at a CAGR of 5.15% Polybutadiene Market Analysis Report: Size, Share, Trends, and Industry Forecast (2025–2034) By Type, Application (Polymer Modification, Tire Manufacturing, Industrial Rubber Manufacturing), and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
POLYBUTADIENE MARKET The global polybutadiene market was valued at USD 14.22 billion in 2024. It is expected to grow from USD 14.85 billion in 2025 to USD 23.34 billion by 2034, representing a CAGR of 5.15% from 2025 to 2034. Request To Sample : https://www.polarismarketresearch.com/industry-analysis/polybutadiene-market/request-for- sample
POLYBUTADIENE MARKET Key Market Players : •China Petroleum and Chemical Corporation •Evonik Industries •JSR Corporation •Kumho Petrochemical Co. Ltd •Lanxess AG •Lyondel Basell Industries NV •Reliance Industries Ltd. •Synthos S.A
POLYBUTADIENE MARKET Polybutadiene Market Report Highlights In 2024, the tire manufacturing segment held the largest market share at 80.4%, driven by the exceptional properties of polybutadiene that enhance tire performance and durability. The market is segmented by type into low cis polybutadiene, high cis polybutadiene, high vinyl butadiene, and high trans polybutadiene. In 2024, the high cis polybutadiene segment led the market with a 63% revenue share, fueled by the growing automobile industry and increased demand for high-performance tires. Asia Pacific dominated the global polybutadiene market in 2024, accounting for 41% of the total revenue share. This dominance is attributed to the region's expanding automobile sector, rapid urbanization, and rising disposable incomes. The North American polybutadiene market is projected to grow at a CAGR of 4.3% during the forecast period. This growth is driven by the region's strong vehicle manufacturing base and a growing focus on tire performance and longevity. Buy Now : https://www.polarismarketresearch.com/buy/468/0
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