Report Code: A13843 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Liquid Polybutadiene Market
Request Now !Liquid polybutadiene is a colorless, transparent chemical molecule that is the highly reactive counterpart to solid polybutadiene. It's a common ingredient in paint and coating intermediates. The electronics sector is also increasing its need for liquid polybutadiene due to its hydrophobic properties. Â It is also utilized to alter polymers to change the characteristics of the finished product or improve its performance. In addition, liquid polybutadiene comes in two varieties: LPBD-A and LPBD-B. The vinyl content of these two versions differs. Because of its exceptional feature of great wear resistance, the compound is also perfect for tire production. Apart from tires, it's also utilized to make bumpers, rim cushions, tire sidewalls, and bead fillers, all of which are expected to boost market development.
COVID-19 Impact analysis
Top Impacting Factors
In recent years, the usage of plastic in the liquid polybutadiene (LPBD) industry has increased, and this trend is expected to continue in the near future. The surge in usage of liquid polybutadiene (LPBD) in thermosetting plastic materials, curing, and handling by processes, such as for polyester resins, is contributing to the market's growth. However, tight laws relating to the impact of plastic on the environment may stifle the plastic segment's growth. The increased manufacturing of biodegradable and petroleum-based plastics may help to alleviate environmental constraints. Synthetic rubbers are petroleum waste products that are primarily employed for their viscoelasticity. Tire components like as treads, rims, apex, and carcasses are commonly made of liquid polybutadiene rubber. Because liquid polybutadiene is used in tyre production, the liquid polybutadiene (LPBD) segment is likely to grow in the coming years as the number of vehicles sold increases. Apart from the numerous variables that drive the production of liquid polybutadiene, the popularity of bio-adhesives and the increasing usage of bio-based components in tyre manufacturing are driving up demand. It is likely to have a beneficial influence on the market for liquid polybutadiene (LPBD). However, the market for liquid polybutadiene (LPBD) is likely to be hampered by the volatility of crude oil and raw materials costs, as well as the ongoing COVID-19 pandemic, throughout the forecast period.
Market Trends
Questions answered in the Liquid polybutadiene Report
Liquid polybutadiene Market Report Highlights
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Key Market Players | Comar Chemicals, SIBUR International GmbH, Kumho., ARALNXEO, Idemitsu Kosan Co. Ltd, Evonik Industries AG, JSR Corporation, KGK Rubber point, Nippon Soda Co., Ltd, UBE Industries Ltd, Cray Valley, Versalis S.p.A, Kuraray Co. Ltd |
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