Global Butadiene-Isoprene Rubber(BIR) market cagr 15.7%

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ButadieneIsoprene

Rubber ( BIR )

Market

Butadiene-Isoprene Rubber ( BIR ) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Butadiene-Isoprene Rubber ( BIR ) Market Size and Growth

The Butadiene-Isoprene Rubber (BIR) market is experiencing steady growth, driven by rising demand in automotive and consumer goods sectors. As of 2023, the market size is estimated to reach approximately $3 billion, with projected CAGR of 5% over the next five years, influenced by advancements in manufacturing technologies and sustainability initiatives.

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Companies Covered

(Covid 19 Impact Covered)

◍ Arlanxeo

◍ TSRC

◍ Chimei

◍ Synthos

◍ Zeon Corporation

◍ Ataman Kimya

◍ Baling Petrochemical

◍ Shandong Huaju Polymer Materials

The Butadiene-Isoprene Rubber (BIR) market features key players like Arlanxeo, TSRC, and Zeon Corporation. These companies leverage BIR for automotive tires, industrial products, and consumer goods. Their innovations enhance product quality and performance, driving market growth through competitive pricing and expanded applications. Sales revenues vary, reflecting market dynamics.

◍ HeBei ZhongMei Special Rubber Product

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Market Segmentation

By Application

Aerospace

Automotive

Construction ◍ Electrical and Electronics

Others

By Product

◍ Trans-pentylbutadiene Rubber ◍ Cis-pentylbutadiene Rubber

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Market Growth

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$ X Billion USD

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