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Neodymium Polybutadiene Rubber Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2019-08-29   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 7368 |  Industry: Chemical & Material  |   Format : pdf word ppt excel



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Key applications such as golf balls and tire treads are anticipated to significantly contribute to the growth of the global neodymium polybutadiene rubber market. Macrostructure and microstructure properties of neodymium polybutadiene rubber make it ideal for use in high-performance golf balls that require a high coefficient of restitution. Neodymium polybutadiene rubber could also help to reduce tread wear in tires and improve fuel economy when used in combination with high-performance solution-styrene butadiene rubber. When blended with natural rubber, it could find application in goods that require high reversion resistance and have thick sections such as profiles, seals, roll covers requiring high abrasion resistance, and buffers. Launch of new products with improved features is foretold to add strength to the growth of the global market in future.

Analysts at QYR Consulting expect the global neodymium polybutadiene rubber market to grow at a sluggish CAGR of 1.7% during the forecast period 2019-2025. By 2025, the global market value is projected to reach approximately US$2.2 Bn, increasing from around US$2.0 Bn attained in 2018.

Market Dynamics

High use of neodymium polybutadiene rubber in the manufacture of tires because of its impressive resistance to wear is expected to significantly increase its demand in the near future. Rising demand for high-performance tires is anticipated to raise the requirement of neodymium polybutadiene rubber in the coming years. Tire manufacturers are predicted to adopt neodymium polybutadiene rubber over standard grades of polybutadiene rubber owing to advantages such as low rolling resistance and excellent wet grip. Rising trend of green tires and new labeling rules for tires are foreseen to create opportunities for players in the global neodymium polybutadiene rubber market.

Market Segments

The global neodymium polybutadiene rubber market is segmented on the basis of type of product and application. By product type, the global market is segmented into liquid Nd-BR and solid Nd-BR. Among applications, segments such as tires, footwear soles, conveyor belts, golf balls, and others have been focused on in the report.

By Region

world_regions

Key Players

Some of the top players of the global neodymium polybutadiene rubber market are Lanxess, Sinopec, Kumho Petrochemical, CPNC, Nizhnekamskneftekhim, Karbochem, Goodyear, Firestone, Synthos, Eni, Chi Mei, and Sibur.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts.QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Neodymium Polybutadiene Rubber Market Report