#Bio-polybutadiene Market Revenue Value

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Bio-polybutadiene Market: Advancements in Green Polymers

The global bio-polybutadiene market size is expected to reach USD 1.93 billion by 2030, registering a CAGR of 20.1% from 2023 to 2030, according to a new study by Grand View Research, Inc. The demand for bio-polybutadiene is driven by a growing global focus on sustainability and the need to reduce reliance on fossil fuels. Additionally, increasing regulations on emissions and waste management in many countries are also driving the demand for sustainable materials.

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The market for bio-polybutadiene is still in its early stages of development, and the availability and cost of biomass sources can be a limiting factor for large-scale production. However, advances in biotechnology and process engineering are making it more feasible to produce bio-polybutadiene on a larger scale, which is expected to drive market growth over the forecast period.

Moreover, growing interest in bio-based materials across the globe is driven by the increasing demand for sustainable products and the government's focus on reducing carbon emissions. The market is also driven by the growing automotive industry in countries such as China, India, and Japan and the presence of large-scale automotive manufacturers in the world such as General Motors, Ford, Tesla, Honda, Toyota, Volkswagen Group, BMW Group, Kia, and Tata Motors is expected to boost the demand for bio-based polybutadiene in the region.

Tire manufacturing application segment led the market and accounted for more than 75.0% share of the global revenue in 2022. The use of bio-polybutadiene in tire manufacturing offers several advantages over traditional synthetic rubber. Bio-polybutadiene is a type of synthetic rubber that is derived from renewable resources, such as plant-based materials, which makes it more environmentally friendly and excel the demand for bio-polybutadiene across the globe.

The products in the market comprise High cis polybutadiene, high vinyl polybutadiene, low cis polybutadiene, and high trans polybutadiene. The increase in demand for high cis polybutadiene derivatives can be attributed to the elevated growth resistance and durability exhibited by these products. Demand for high cis polybutadiene derivatives is expected to grow rapidly due to increasing tire manufacturing applications, which will propel the growth of the market.

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Acrylonitrile Butadiene Styrene Market Analysis 2023-2033

Global Acrylonitrile Butadiene Styrene Market Key Insights

During the forecast period of 2023~2033, the acrylonitrile butadiene styrene market is expected to reach an estimated value of ~USD 43 billion by the end of 2033 by expanding at a CAGR of ~6%. Further, the market generated a revenue of ~USD 27 Billion in the year 2022. The immense opportunity for the development of the sports sector is estimated to boost the market growth in the coming years.

Market Definition of Acrylonitrile Butadiene Styrene

Acrylonitrile butadiene styrene(ABS), with the chemical formula (C8H8)x, (C4H6)y, and (C3H3N)z, is a popular thermoplastic polymer. About 105 °C (221 °F) is the temperature at which it transitions to glass. Since ABS is amorphous, it possesses a proper melting point. Styrene and acrylonitrile are polymerized with polybutadiene to create ABS, a terpolymer. Additionally, injection molding frequently uses the thermoplastic polymer acrylonitrile butadiene styrene. Owing to its low production cost and simplicity of machining, this engineering plastic is one of the most widely used thermoplastic polymers. Along with these useful qualities, it also has good high- and low-temperature performance, chemical and impact resistance, structural strength, and stiffness.

 Global Acrylonitrile Butadiene Styrene Market: Growth Drivers

The growth of the global acrylonitrile butadiene styrene market can majorly be attributed to the increasing usage of the product in the automobile, supported by the increasing investment by key market players in innovation and research and development. For instance, with the slogan “Designing Today for the Passengers of Tomorrow,” Covestro LLC began concentrating on the interior of cars at the VDI Congress on “Plastics in Automotive Engineering.” The company also unveiled three new polycarbonate mixes, including Bayblend T85 XAT, an antistatic and dust-free interior panel that can be used to meet a variety of requirements for usage in automobile interiors. On the other hand, the rising collaboration between major market players to increase product production and improve supply chains are estimated to boost market growth. For instance, in order to produce styrene monomer utilizing bio-based hydrocarbons (Neste RE) and its derivatives of mass balance renewable plastics, such as acrylonitrile butadiene styrene, or bio-ABS, CHIMEI Corporation worked with Mitsubishi Corporation to establish a renewable plastic supply chain.

The global acrylonitrile butadiene styrene market is also estimated to grow majorly on account of the following:

Rising demand in the medical industry

Growing construction sector

High use in apparatuses, auto ancillaries

Rising carbon dioxide emissions

Expanding automobile industry

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Global Acrylonitrile Butadiene Styrene Market: Restraining Factor

There are various alternatives available for acrylonitrile butadiene styrene such as ASA copolymers. They are less preferred as their price highly fluctuates as compared to other alternatives. Hence this factor is expected to be the major hindrance for the growth of the global acrylonitrile butadiene styrene market during the forecast period.

Global Acrylonitrile Butadiene Styrene Market Segmentation 

By Applications (Appliances, Electrical & Electronics, Automotive, Building & Construction, Consumer Goods, Sports Equipment, Musical Instruments, And Others)

Given the increasing demand for appliances including safety helmets, sports equipment, vacuum cleaners, cellphones, and cameras, the appliances segment is predicted to have the biggest market size by the end of 2033. In 2021, headgear sales on an international scale totaled USD 4,612,295.

By Region

The Latin Americaacrylonitrile butadiene styrene market is anticipated to hold the largest market share by the end of 2033 among the market in all the other regions. The growth of the market can be attributed to the rising production and demand for lightweight vehicles. For instance, the number of lightweight vehicles, such as battery electric vehicles, sold in Latin America increased from 1,000 in 2018 to 9,000 in 2020. Moreover, the increasing investment in manufacturing lightweight vehicles and the rising demand for vehicles across the globe are predicted to boost the market growth.

The market research report on global acrylonitrile butadiene styrene also includes the market size, market revenue, Y-o-Y growth, and key player analysis applicable for the market in North America (U.S., and Canada), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), and Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).

 Key Market Players Featured in the Global Acrylonitrile Butadiene StyreneMarket

Some of the key players of the global acrylonitrile butadiene styrene market areAmpa Plastics Group (Pty) Ltd, 3M, Convestro LLC, INEOS AG, SABIC, BASF SE, CHIMEI Corporation, Asahi Kasei Corporation, Kumho Petrochemical, Formosa Chemicals & Fibre Corp.,and others.

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Polybutadiene Market Growth Trends, Research and Revenue Analysis, 2025

26th August 2021 – The global Polybutadiene Market size is expected to value at USD 5.83 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand for synthetic rubber in automotive industry for tire manufacturing. The rise in demand for polybutadiene, as a low-cost solution with superior properties, thus replacing natural rubber, is expected to fuel the growth of the market. Some of the important properties of polybutadiene such as high abrasion resistance and high green strength makes it ideal choice for manufacturing of tires. Globally, the polybutadiene market is predicted to grow at a CAGR of 4.6% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

The polybutadiene is also widely used in polystyrene and acrylonitrile butadiene styrene (ABS) as an additive in order to enhance the toughness and green strength of the material. Other application of the polybutadiene includes golf balls and children’s toys. These factors are responsible of the growth of polybutadiene industry, in the recent years. The increasing demand for operational polybutadienes that are largely utilized in the manufacturing of automobile and construction adhesives are predicted to boost market growth over the forecast period. Increase in the number of automotive and construction manufactures have completely incorporated petrochemical companies that are a present across the entire supply chain. Petrochemical industries produce raw materials required for various industrial application, while monomers of theses raw material are used in production of polybutadiene. Thus, manufacturing of polybutadiene is considered as cost-effective process with a continuous supply of raw materials.

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Polybutadiene manufacturers have also started producing polymers, polyesters and elastomers along with production of petroleum products. Such factors are largely influencing market performance in the last couple of years. Polybutadiene production units utilizes butadiene in large amount. However, fluctuations in the cost of butadiene due to ever-changing cost of crude oil prices coupled with economic instability across the world are predicted to hamper the growth of polybutadiene industry, during this period; thereby affecting demand of the polybutadiene worldwide.

Additionally, numerous governmental initiatives and regulation regarding environmental hazards of waste materials during the production of polybutadiene is negatively hampering the market growth. Other factors obstructing the growth of polybutadiene market are health consciousness among general population and sustainability. Rise in air pollution is largely affecting environment and living beings. Numerous governmental laws and regulations to curb air pollution are expected reduce rate manufacturing of polybutadiene, in the years to come. Furthermore, manufacturers are largely shifting towards adoption of bio-based butadiene, thus replacing use of petroleum based products.

The polybutadiene is majorly categorized by four types based on the percentage of raw materials and their composition, such as high cis, low cis, high trans and high vinyl polybutadiene. Growing popularity of high cis derivative is attributed to high green strength and growth resistance. Polybutadiene is considered as a type of a synthetic rubber. Polybutadiene rubber is manufactured by performing polymerization of the monomer 1-butadene and 2-butadiene. Properties such as a high resistance to wear is vital for manufacturing of tires. Around seventy percent of polybutadiene is utilized for the production tires across the globe. While, remaining twenty-five percent is utilized as an additive to improve the toughness and impact resistance of plastics like polystyrene and acrylonitrile butadiene styrene (ABS).

The polybutadiene industry is divided by region such as North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America has shown major growth in recent years owing to the presence of numerous petrochemical industries and existence of well-established automobile sector. Asia-Pacific region is predicted to hold major market share in the polybutadiene market with massive growth in forecast period.

Countries such as India, China and Japan are leading the Asia-Pacific market with presence of large-scale automotive manufactures, increase in the number of new cracker facilities, and substantial investment by leading industry players considering potential opportunities in the region. The key players in the polybutadiene industry are JSR Co., Reliance Industries Limited, Lanxess, Synthos S.A., LyondelBasell Industries, Trinseo S.A., Evonik Industries AG, Ube Industries Ltd., and Nippon Soda Corporations.

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Polybutadiene Market Analysis by Product Type, Applications, Regional Outlook, Technology to 2025 Forecast

02th Aug 2019: The global Polybutadiene Market size is expected to value at USD 5.83 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand for synthetic rubber in automotive industry for tire manufacturing. The rise in demand for polybutadiene, as a low-cost solution with superior properties, thus replacing natural rubber, is expected to fuel the growth of the market.

 Some of the important properties of polybutadiene such as high abrasion resistance and high green strength makes it ideal choice for manufacturing of tires. Globally, the polybutadiene market is predicted to grow at a CAGR of 4.6% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

 Browse Full Research Report @ https://www.millioninsights.com/industry-reports/polybutadiene-market

 The polybutadiene is also widely used in polystyrene and acrylonitrile butadiene styrene (ABS) as an additive in order to enhance the toughness and green strength of the material. Other application of the polybutadiene includes golf balls and children’s toys. These factors are responsible of the growth of polybutadiene industry, in the recent years. The increasing demand for operational polybutadienes that are largely utilized in the manufacturing of automobile and construction adhesives are predicted to boost market growth over the forecast period.

 Increase in the number of automotive and construction manufactures have completely incorporated petrochemical companies that are a present across the entire supply chain. Petrochemical industries produce raw materials required for various industrial application, while monomers of theses raw material are used in production of polybutadiene. Thus, manufacturing of polybutadiene is considered as cost-effective process with a continuous supply of raw materials.

 Polybutadiene manufacturers have also started producing polymers, polyesters and elastomers along with production of petroleum products. Such factors are largely influencing market performance in the last couple of years. Polybutadiene production units utilizes butadiene in large amount. However, fluctuations in the cost of butadiene due to ever-changing cost of crude oil prices coupled with economic instability across the world are predicted to hamper the growth of polybutadiene industry, during this period; thereby affecting demand of the polybutadiene worldwide.

 Additionally, numerous governmental initiatives and regulation regarding environmental hazards of waste materials during the production of polybutadiene is negatively hampering the market growth. Other factors obstructing the growth of polybutadiene market are health consciousness among general population and sustainability. Rise in air pollution is largely affecting environment and living beings. Numerous governmental laws and regulations to curb air pollution are expected reduce rate manufacturing of polybutadiene, in the years to come. Furthermore, manufacturers are largely shifting towards adoption of bio-based butadiene, thus replacing use of petroleum based products.

 The polybutadiene is majorly categorized by four types based on the percentage of raw materials and their composition, such as high cis, low cis, high trans and high vinyl polybutadiene. Growing popularity of high cis derivative is attributed to high green strength and growth resistance. Polybutadiene is considered as a type of a synthetic rubber. Polybutadiene rubber is manufactured by performing polymerization of the monomer 1-butadene and 2-butadiene.

 Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/polybutadiene-market/request-sample

 Properties such as a high resistance to wear is vital for manufacturing of tires. Around seventy percent of polybutadiene is utilized for the production tires across the globe. While, remaining twenty-five percent is utilized as an additive to improve the toughness and impact resistance of plastics like polystyrene and acrylonitrile butadiene styrene (ABS).

 The polybutadiene industry is divided by region such as North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America has shown major growth in recent years owing to the presence of numerous petrochemical industries and existence of well-established automobile sector. Asia-Pacific region is predicted to hold major market share in the polybutadiene market with massive growth in forecast period.

 Countries such as India, China and Japan are leading the Asia-Pacific market with presence of large-scale automotive manufactures, increase in the number of new cracker facilities, and substantial investment by leading industry players considering potential opportunities in the region. The key players in the polybutadiene industry are JSR Co., Reliance Industries Limited, Lanxess, Synthos S.A., LyondelBasell Industries, Trinseo S.A., Evonik Industries AG, Ube Industries Ltd., and Nippon Soda Corporations.

 Market Segment:

 Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

   • High cis polybutadiene

   • Low cis polybutadiene

   • High trans polybutadiene

   • High vinyl polybutadiene

 Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

   • Tire Manufacturing

   • Polymer Modification

   • Industrial Rubber Manufacturing

 Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

   • North America

       • U.S.

   • Europe

       • Germany

       • UK

   • Asia Pacific

       • China

       • Japan

   • Central & South America

       • Brazil

   • Middle East & Africa

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Polybutadiene Market Key Players | Applications and Types | Forecast To 2025

The global Polybutadiene Market size is expected to value at USD 5.83 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand for synthetic rubber in automotive industry for tire manufacturing. The rise in demand for polybutadiene, as a low-cost solution with superior properties, thus replacing natural rubber, is expected to fuel the growth of the market. Some of the important properties of polybutadiene such as high abrasion resistance and high green strength makes it ideal choice for manufacturing of tires. Globally, the polybutadiene market is predicted to grow at a CAGR of 4.6% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

The polybutadiene is also widely used in polystyrene and acrylonitrile butadiene styrene (ABS) as an additive in order to enhance the toughness and green strength of the material. Other application of the polybutadiene includes golf balls and children’s toys. These factors are responsible of the growth of polybutadiene industry, in the recent years. The increasing demand for operational polybutadienes that are largely utilized in the manufacturing of automobile and construction adhesives are predicted to boost market growth over the forecast period.

Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/polybutadiene-market/request-sample

Increase in the number of automotive and construction manufactures have completely incorporated petrochemical companies that are a present across the entire supply chain. Petrochemical industries produce raw materials required for various industrial application, while monomers of theses raw material are used in production of polybutadiene. Thus, manufacturing of polybutadiene is considered as cost-effective process with a continuous supply of raw materials.

Polybutadiene manufacturers have also started producing polymers, polyesters and elastomers along with production of petroleum products. Such factors are largely influencing market performance in the last couple of years. Polybutadiene production units utilizes butadiene in large amount. However, fluctuations in the cost of butadiene due to ever-changing cost of crude oil prices coupled with economic instability across the world are predicted to hamper the growth of polybutadiene industry, during this period; thereby affecting demand of the polybutadiene worldwide.

Additionally, numerous governmental initiatives and regulation regarding environmental hazards of waste materials during the production of polybutadiene is negatively hampering the market growth. Other factors obstructing the growth of polybutadiene market are health consciousness among general population and sustainability. Rise in air pollution is largely affecting environment and living beings. Numerous governmental laws and regulations to curb air pollution are expected reduce rate manufacturing of polybutadiene, in the years to come. Furthermore, manufacturers are largely shifting towards adoption of bio-based butadiene, thus replacing use of petroleum based products.

The polybutadiene is majorly categorized by four types based on the percentage of raw materials and their composition, such as high cis, low cis, high trans and high vinyl polybutadiene. Growing popularity of high cis derivative is attributed to high green strength and growth resistance. Polybutadiene is considered as a type of a synthetic rubber. Polybutadiene rubber is manufactured by performing polymerization of the monomer 1-butadene and 2-butadiene.

Properties such as a high resistance to wear is vital for manufacturing of tires. Around seventy percent of polybutadiene is utilized for the production tires across the globe. While, remaining twenty-five percent is utilized as an additive to improve the toughness and impact resistance of plastics like polystyrene and acrylonitrile butadiene styrene (ABS).

The polybutadiene industry is divided by region such as North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America has shown major growth in recent years owing to the presence of numerous petrochemical industries and existence of well-established automobile sector. Asia-Pacific region is predicted to hold major market share in the polybutadiene market with massive growth in forecast period.

Countries such as India, China and Japan are leading the Asia-Pacific market with presence of large-scale automotive manufactures, increase in the number of new cracker facilities, and substantial investment by leading industry players considering potential opportunities in the region. The key players in the polybutadiene industry are JSR Co., Reliance Industries Limited, Lanxess, Synthos S.A., LyondelBasell Industries, Trinseo S.A., Evonik Industries AG, Ube Industries Ltd., and Nippon Soda Corporations.

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Market Segment:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025) • High cis polybutadiene • Low cis polybutadiene • High trans polybutadiene • High vinyl polybutadiene

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025) • Tire Manufacturing • Polymer Modification • Industrial Rubber Manufacturing

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025) • North America • U.S. • Europe • Germany • UK • Asia Pacific • China • Japan • Central & South America • Brazil • Middle East & Africa

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Bio-Plasticizer Market Scenario, Opportunities, Trends, Growth Prospective, Competitive Analysis and Forecast by 2026.

The global Bio-Plasticizer Market generated USD 1.44 billion in 2017 and is anticipated to grow at a CAGR of 7.4% during the forecast period.

Bio-plasticizers are polymer additives which enhance the performance of plasticized materials in terms of softness, volatility, workability, and flexibility. These bio-plasticizers are applied to plasticized materials such as polyvinyl chloride (PVC), polybutadienes, and others. Bio-plasticizers are obtained from these vegetable oils with the help of external or internal modifications and thus are environment-friendly additives.

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After the ban was imposed on few plasticizers, such as phthalate-based, in safe applications such as food packaging and toys, the demand for bio-plasticizers outreached the non-environmental friendly counterpart. The supportive regulatory policies substantially contributed to the growth of the global bio-plasticizers market. Bio-plasticizers hold enough potential for replacing phthalates in medical devices, food packaging, toys, and personal care products.

Rising awareness regarding biodegradable products and increasing health concerns by customers to ensure sustainability of the environment has significantly driven the bio-plasticizers market. Moreover, surge in the growth of many nations in the world, with improving lifestyles and increase in disposable incomes has facilitated the growing luxuries of the population.

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Such phenomenons are anticipated to increase the sales revenue for the end-use products of bio-plasticizers such as toys, electronic equipment, cars, packaging materials, personal care products, and many others.

The growth of end-use industries such as PVC packaging, automotive, plastics, wires & cables, and medical devices have provided the global bio-plasticizer market market with even wider growth prospects. Bio-plasticizers are broadly used in vinyl flooring, PVC cables & resins, wire jacketing, and automobile fabricated parts. Automotive fabrication materials and flexible PVC packaging are among two of the most important applications for the bio-plasticizers globally.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Bio-Plasticizer Market, 2017-2026. This report comprises a detailed geographic distribution of the Bio-Plasticizer market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Competitive Landscape and Key Vendors

North America is the largest regional in the bio-plasticizer market due to technological development in consumer goods and packaging industry with the sustained growth of many end-use industries especially the automotive sector in the region. Asia Pacific is the fastest growing regional bio-plasticizer market in terms of both volume and sales revenue due to higher growth rate of the end-use industries and economic growth of its developing countries.

The global bio-plasticizer market is highly competitive and moderately consolidated. Some of the competitive factors for the industry players include industrial collaborations, technological development, R&D initiatives, and material science innovations.

Major market players for the bio-plasticizer market include Lanxess AG, Emery Oleochemicals LLC, Dow Dupont, Evonik Industries, Danisco US Inc., BASF SE, Bioamber Inc., PolyOne Corporation, Myriant Corporation, and Vertellus Holdings LLC. Some other notable market players include Proviron, OXEA GmbH, Galata Chemicals, Hebei Jingu Plasticizer Co., Ltd., Roquette, and others.

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Key Segments

Product types:

Epoxidized Soybean Oil (ESBO)

Citrates

Castor Oil

Succinic Acid

Glycol Esters

Application types:

Packaging Materials

Consumer Goods

Building & Construction

Automotive

Medical Devices

Others

Regions:

 U.S.

 Canada

 Mexico

 Germany

 UK

 France

 Rest of Europe

 China

 India

 Japan

 Rest of Asia Pacific

 Brazil

 Rest of Latin America

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