Butadiene Rubber Market
Butadiene Rubber Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Butadiene Rubber Market Size and Growth
The Butadiene Rubber market is witnessing steady growth, driven by increasing demand in automotive and consumer goods applications. The global market size is projected to reach approximately $5.5 billion by 2028, reflecting a CAGR of around 4.5%. Market conditions highlight advancements in production technologies and sustainable material initiatives.
Companies Covered
(Covid 19 Impact Covered)
◍ Kumho Petrochemical
◍ Lanxess
◍ SABIC
◍ LG Chem
◍ Goodyear
◍ JSR
◍ TSRC
◍ Trinseo
◍ Synthos
◍ Lion Elastomers(Ashland)
◍ LG
◍ Bridgestone
◍ Michelin
◍ Sibur
◍ Eni
◍ Asahi Kasei
◍ East West Copolymer(Lion Copolymer)
The Butadiene Rubber Market is competitive, with major players like Kumho Petrochemical, Lanxess, and SABIC driving growth through innovation and capacity expansion. Companies utilize butadiene rubber in various applications, enhancing product performance. Sales revenues of key players include Kumho ($3B), LG Chem ($27B), and Goodyear ($16B), contributing significantly to market dynamics.
◍ ZEON
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Market Segmentation
By Application
Adhesives
Automotive
Miscellaneous
Other
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By Product
Market Growth
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$ X Billion USD
