Global liquid polybutadiene market forecast at $642 million by 2032

Pune, India – The global liquid polybutadiene market is set to enjoy a valuation of US$ 353.6 million in 2022 and further expand at a CAGR of 6.1% to reach US$ 642.7 million by the end of 2032 according to Global Market Insights

Sales of liquid polybutadiene accounted for nearly 3.1% of the global polybutadiene market at the end of 2021. Booming demand across paints and coatings fuels the overall sales of the market.

Manufacturers strategize to list out the potential consumers across the globe and promote the product by adjusting price points. Furthermore, manufacturers possess the ability to present the product as a potential alternative in the market and find out potential end users to collaborate with under two-price tariffs.

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.

In June 2022, Evonik’s Adhesives and Coatings company announced a new line of sustainable and durable liquid polybutadiene. The utilization of sustainably created butadiene in the production of this innovative product line is estimated to decrease the usage of fossil fuels by up to 99.9%.
Prominent Key Players Of The Liquid Polybutadiene Market Survey Report: Evonik Industries AG
Nippon Soda Co., Ltd; Synthomer; TOTAL Cray Valley.

Liquid polybutadiene is a synthetic rubber that is used in a variety of applications, including tires, adhesives, sealants, and coatings. It is a versatile material that has seen a rise in sales over the past few years due to its many uses and its ability to be customized for specific applications. The increased demand for liquid polybutadiene is due to its superior performance in a variety of industries, including automotive, construction, and industrial.

The rising demand for liquid polybutadiene is also driven by its cost–effectiveness and environmental friendliness. Additionally, the development of new technologies and processes has enabled manufacturers to produce liquid polybutadiene with improved properties and performance. This has further increased the demand for the product.