CTBN Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
22302 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
Carboxyl-terminated acrylonitrile-butadiene (CTBN) polymers are made by solution polymerisation and have a typical acrylonitrile content of 0-27%. They are used as epoxy resin flexibilisers.
In the past few years, the global CTBN industry maintained a rapid pace of development. Global CTBN production increased from 490.5 tons in 2012 to 685.1 tons in 2016. The average growth rate of CTBN market had more than 7%. Global CTBN leader is Emerald Performance Materials. In each region, Emerald Performance Materials occupy an absolute market share.
Companies such as LANXESS and Zeon are leading NBR Rubber manufacturers. These companies have XNBR production capacity. The key factors limiting the development of this industry are price and technical barriers. Compared with the general toughening agent, the price of CTBN is undoubtedly expensive. CVC is the world's first company to develop and produce CTBN. In the world, few companies can compete with CVC at both price and product quality. Some companies can produce CTBN in small quantities, but the price is too high. Therefore, CVC's products have become the best choice.
CTBN typically requires chemical modification for effective incorporation into thermoset chemistries. Choice of terminal chemistry will depend on the application and end-use. Carboxyl-Functional Polymers are carboxyl-terminated butadiene and butadiene-acrylonitrile copolymers (CTBN) that improve toughness, low-temperature properties, chemical and water resistance in epoxy, coating, vinyl-ester, SMC/BMC, acrylic, plasitisol, and other thermoset systems. The key applications of CTBN are adhesives & sealsants, coating and electronic appliances. In 2016, adhesives & sealants, coating and electronic appliances accounted for 36.18%, 27.24% and 17.78% of the application share of CTBN.
At present, CTBN plays an important role in liquid NBR rubber. In the next few years, CTBN will maintain a steady growth rate. At the same time, new players may make this market will become intense. In the future, CTBN prices will be slightly lower.
This is the end of CTBN report.
The Global CTBN Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global CTBN Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
CTBN with 8-12% Acrylonitrile
CTBN with 12-18% Acrylonitrile
CTBN with 18-22% Acrylonitrile
CTBN with 22-27% Acrylonitrile
Others In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Adhesives & Sealants
Coating
Electronic Appliances
Aerospace
Composites
Others In Market segmentation by applications :
Application I
Application II
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the CTBN Market for the forecast period 2023 - 2030?
• What are the driving forces in the CTBN Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the CTBN industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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