October 03, 2022 04:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

Wilmington, Delaware, United States, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - By 2031, the global liquid polybutadiene (LPBD) market is anticipated to cross valuation of US$ 4.5 Bn. The global market is anticipated to develop at about 5% CAGR during the forecast period, from 2021 to 2031. Demand analysis of liquid polybutadiene [LPBD] market anticipates the market to be driven by the growing need for chemical resistance. The study on the liquid polybutadiene (LPBD) market predicts growing use of liquid polybutadiene in a number of industries, including tire and rubber manufacturing, in the years to come.

In recent years, there has been an increase in the usage of plastic in the liquid polybutadiene (LPBD) industry. This trend is expected to continue and drive sales of liquid polybutadiene [LPBD] market. The global market is estimated to rise due to the growing usage of LPBD in curing, curing, thermosetting plastic materials, and handling processes, including those for polyester resins.

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The expansion of the plastics category, however, can be hampered by stringent laws brought on by the adverse environmental effect of plastic. Rising manufacturing of biodegradable and petroleum-based plastics can help to alleviate environmental constraints and is estimated to drive positive liquid polybutadiene [LPBD] market outlook.          Key Findings of Market Report

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Global Liquid Polybutadiene [LPBD] Market: Key Players

Some of the key market players are

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Global Liquid Polybutadiene [LPBD] Market: Segmentation

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