Increasing demand for low-cost substitutes of natural rubber with excellent properties is contributing to the growth of the polybutadiene market. Polybutadiene has high abrasion resistance property which makes it ideal for use in the production of tires. Emerging niche applications such as golf balls and other toys are again propelling the growth of the polybutadiene market. Also, the increasing demand for polybutadienes used in the manufacturing of automotive and construction adhesives is again propelling the growth of the market. On the other hand, environmental impact and sustainability issues are major factors hindering the growth of the market. The production of butadiene has impacted the quality of air and has raised concerns over the environment.
North America is projected to dominate the global polybutadiene market and this is attributed to the strong presence of petrochemical companies and high demand for crude oil in the region. The shale gas revolution in the region is another key factor driving the regional market growth. According to the International Energy Agency, at present, the United States is home to around 40% of the global ethane-based petrochemical production capacity.
Polybutadiene is a synthetic polymeric rubber, most often prepared by chemical transformation of diethylene glycol or (DFG). Dimethylene glycol is commonly used as a stabilizer for rubbers, where its thermodynamic stability, low moisture levels, and chemical properties provide the desired properties. Polybutadiene is an extremely useful industrial raw material, especially for use in plastics. Its thermally broken polymerization gives it excellent mechanical properties and excellent conformability. Polybutadiene is mainly used for flooring applications because it is flexible, durable, and safe. Polybutadiene is used mainly in the printing industry because its waterproof, non-marking and anti-tarnish properties make it ideal for application to metal surfaces... Read more