According to a recent analysis from Grand View Research, Inc., the global polybutadiene market is predicted to reach USD 5.83 billion by 2025. Polybutadiene Market growth is likely to be boosted by increased demand for synthetic rubber in vehicle tire manufacturing.
Abrasion resistance, strong resilience, and cut growth resistance are among the features that contribute to polybutadiene's high demand. It's utilized in the production of tires, industrial products, and consumer goods in combination with other rubbers. The largest application area in the market is tire manufacturing. Because the price of polybutadiene in these applications is more stable, manufacturers are looking into downstream potential.
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