The market for liquid polybutadiene is a form of synthetic polymer that is utilised in a variety of applications such as adhesives, coatings, elastomers, and resins. Liquid polybutadiene is a flexible polymer with qualities such as high elasticity, low compression set, and high tensile strength. The market for liquid polybutadiene is expanding, owing to rising demand from a variety of end-use sectors, including automotive, construction, and packaging. Tyre production, flooring, adhesives, and coatings are just a few of the applications for liquid polybutadiene.
Furthermore, the construction industry’s expansion, particularly in emerging nations, is likely to stimulate demand for liquid polybutadiene. Demand for building goods like as flooring and adhesives, which employ liquid polybutadiene as a crucial raw ingredient, is predicted to rise as infrastructure development and residential construction increase.
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Segmentation of Liquid Polybutadiene Industry Research
- Liquid Polybutadiene Market by Application :
- Rubber Manufacturing
- Adhesives & Sealants
- Polymer Modification
- Coating Formulations
- Liquid Polybutadiene Market by End-Use :
- Paints & Coatings
- Printing & inks
- Liquid Polybutadiene Market by Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
This is expected to lead to an overuse of the novel product on the market. Positive network externalities, also known as a domino effect, are expected to result, spurring revenue growth. Additionally, market participants are closely collaborating with consumers to comprehend their unique needs and create creative solutions to meet the demand.
Further, the market is highly consolidated and manufacturers are trying to maintain their long-run dominance in the market. Key manufacturers for instance are constantly involved in developing new product lines to enter the new application arena.
- The Adhesives and Coatings division of Evonik announced a new line of long-lasting liquid polybutadiene in June 2022. It is predicted that using sustainably produced butadiene in the manufacture of this cutting-edge product line will reduce the use of fossil fuels by up to 99.9%.
Key Companies Profiled
- Evonik Industries AG
- Nippon Soda Co., Ltd
TOTAL Cray Valley