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INTRODUCTION
Synthetic rubber is called polybutadiene (butadiene rubber BR). A polymer called polybutadiene rubber is created when the monomer 1,3-butadiene is polymerized. Tire production, which accounts for roughly 70% of the use of polybutadiene, benefits from its strong wear resistance.
Excellent flexibility at extremely low temperatures (-80°F/-62°C) and incredibly high resilience (bounce) are provided by polybutadiene. Butadiene also has remarkable properties such as resistance to abrasion, cut growth, and flex cracking. A diene polymer, such as polybutadiene, is one that is created from a monomer containing two carbon-carbon double bonds.
POLYBUTADIENE RESIN MARKET SIZE AND FORECAST
The Global Polybutadiene resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
POLYBUTADIENCE RESIN MARKET NEW PRODUCT LAUNCH
Sustainable Bio-based Liquid Polybutadiene is now available from Evonik. PETROVEST eCO Evonik introduces POLYVEST eCO, a new line of liquid polybutadiene products made from sustainable bio-based materials. This cutting-edge product line produces butadiene from sustainable sources, lowering the consumption of fossil feedstocks by 99.9%.
A rising market exists for effective, sustainable, and green products, and by creating POLYVEST eCO, they hope to aid in the transition to a circular economy. Adoption The end result of POLYVEST® eCO is physically and chemically equivalent to goods made from petroleum.
Traditional petroleum-based products’ physical and chemical characteristics are the same, allowing consumers to easily replace them. used as a raw ingredient for sealants and adhesives, or as a liquid rubber component in the manufacture of tires.
The fact that there is no requirement to modify current formulations is the new product’s greatest benefit for consumers. This is virtually always the most practical way to cut CO2 emissions. ISCC PLUS certification (International Sustainability and Carbon Certification) was granted to Evonik’s POLYVEST® production facility in Marr, Germany, earlier this year.
This certification proves that the site runs in accordance with stringent sustainable rules in terms of social responsibility, environmental standards, and more.
It also demonstrates that the production process of the product is based on the mass balance approach. In addition to being a rubber additive in tire manufacturing, POLYVEST® eco can be utilized as a raw material for adhesives and sealants in the automotive, electronics, construction, and other industries.
POLYBUTADIENE RESIN MARKET COMPANY PROFILE
THIS POLYBUTADIENE RESIN MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS