Global Liquid Polybutadiene Market Size, Share, Growth & Trend Analysis Report by 2021 - 2027
The report also helps in understanding Global Liquid Polybutadiene Market dynamics, structure by analyzing the market segments and project the Global Liquid Polybutadiene Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global oil-filled transformer Market make the report investor’s guide.
The market for liquid polybutadiene was valued at US$ 2.7 billion in 2019 and is projected to grow at 5.19% CAGR to reach 5.5 billion by 2027.
Global Liquid Polybutadiene Market Overview:
The Global Liquid Polybutadiene market study gives a complete view of the competition, including the market share and company profiles of the worldwide industry's leading competitors. The scope of the research includes a full assessment of the Global Liquid Polybutadiene Market, as well as the reasons for variations in the industry's growth across a number of sectors.
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Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.
Segmentation:
Due to significant growth in numerous end-user industries like the automotive, pharmaceutical, building and construction, consumer goods, electronic sector, and others, the industrial rubber segment has been identified as the fastest-growing application among the other applications in 2019 and is anticipated to continue over the next seven years. The automotive tyre industry and other manufacturing sectors in developing nations are using synthetic rubber more frequently and in greater quantities, driving up global liquid polybutadiene demand. Liquid polybutadiene's great performance, good fuel efficiency, long shelf life, strong resilience to wear and tear, and ability to manage grip are some of its main selling points to vehicle manufacturers.
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Key Players:
• Nippon Soda Co., Ltd
• SIBUR International GmbH
• Evonik Industries AG
• Kuraray Co. Ltd
• JSR Corporation
• KGK Rubber point
• Comar Chemicals
• Versalis S.p.A
• Cray Valley
• Kuraray Co. Ltd
• ARALNXEO
• UBE Industries Ltd
• Kumho
Primary and secondary research is used to identify market leaders, while primary and secondary research is utilized to determine market revenue. Primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary research included a review of the leading manufacturers' annual and financial reports, whereas primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary sources are utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using primary data.
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Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Global Liquid Polybutadiene market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Global Liquid Polybutadiene Market:
End-user industries where Global Liquid Polybutadiene are utilized saw a decline in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a pause in operations. This resulted in a significant drop in the revenues of enterprises in these industries, as well as in demand for Global Liquid Polybutadiene manufacturers, affecting the Global Liquid Polybutadiene market's growth in 2020. End-user business demand for Global Liquid Polybutadiene has plummeted as a result of lockdowns and an increase in COVID-19 events throughout the world.
Key Questions Answered in the Global Liquid Polybutadiene Market Report are:
- In 2021, which segment accounted for the most share of the Global Liquid Polybutadiene market?
- What is the competitive landscape of the Global Liquid Polybutadiene market?
- What are the key factors influencing Global Liquid Polybutadiene market growth?
- In the Global Liquid Polybutadiene market, which region has the most market share?
- What will be the CAGR of the Global Liquid Polybutadiene market during the forecast period (2022-2027)
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