Polybutadiene Rubber Price Trend: A Comprehensive Analysis

Polybutadiene Rubber Price Trend

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information.

SHERIDAN, WYOMING, UNITED STATE, January 30, 2024 /EINPresswire.com/ — In the Asia Pacific region, the price trend 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 Trend:

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 chart, including India Polybutadiene Rubber price, USA Polybutadiene Rubber price, 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 Trend:

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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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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Procurement Resource
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Article originally published on www.einpresswire.com as Polybutadiene Rubber Price Trend: A Comprehensive Analysis