In the Asia Pacific region, the price trends of polybutadiene rubber fluctuated initially due to weak automotive market sentiments but later inclined in the second quarter with growth in the pharmaceutical and automotive sectors. In Europe, prices declined in both quarters due to weak tire industries, decreasing energy prices, and reduced production costs. In North America, prices fluctuated due to reduced production in the automotive sector, low demand from construction, and increased inventory levels. Overall, the performance of polybutadiene rubber prices in these regions was influenced by various sector-specific factors throughout the first and second quarters of 2023.
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Definition
Polybutadiene rubber (PBR) is a synthetic elastomer made from polymerizing butadiene monomers. It is a type of synthetic rubber with high resilience, exceptional flexibility, and good abrasion resistance. PBR possesses excellent low-temperature flexibility, making it suitable for cold weather applications. Its key properties include high tensile strength, tear resistance, and impact resistance, making it valuable for manufacturing tires, conveyor belts, seals, gaskets, and various automotive and industrial products. Moreover, PBR exhibits good resistance to chemicals and is highly elastic, allowing it to recover its shape after deformation, making it ideal for applications requiring flexibility and durability.
Key Details About the Polybutadiene Rubber Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polybutadiene Rubber in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Polybutadiene Rubber Price History, including India Polybutadiene Rubber price, USA Polybutadiene Rubber prices, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Polybutadiene Rubber Price Trends:
Polybutadiene Rubber (PBR) finds extensive industrial use across diverse sectors due to its unique properties. One of its primary applications is in tire manufacturing, where it enhances tire resilience, wear resistance, and grip on the road. In the automotive industry, PBR is used in producing belts, hoses, gaskets, and seals due to its flexibility and resistance to oils and chemicals. It is utilized in industrial belts and conveyor belts for its strength and abrasion resistance. PBR’s impact resistance makes it suitable for sports equipment like golf balls and shoe soles. It also serves as a key ingredient in adhesives, foam production, electrical insulation, and various consumer goods like rubber bands and hoses.
Key Players:
- ARLANXEO
- ZEON CORPORATION
- LANXESS
- UBE CORPORATION
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